by AIP Online Bureau | Jul 16, 2018 | Indian News
Mumbai: The Board of Directors of state-owned Life Insurance Corporation (LIC) of India is having a unscheduled board meeting on Monday in New Delhi to finalise its proposal to buy 51 per cent stakes in debt-laden IDBI Bank. “Yes, we have...
by AIP Online Bureau | Jul 15, 2018 | Data
Mumbai: Continuing their selling spree, foreign investors have pulled out nearly Rs 12 billion from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve. The latest sell-off...
by AIP Online Bureau | Jul 15, 2018 | Indian News, Risk Management
Panaji: The biometric data of Aadhaar cannot be hacked even if someone tried a billion times, Union Minister for Information Technology Ravi Shankar Prasad said on Sunday, while calling the data storage system "completely safe and secure". ...
by AIP Online Bureau | Jul 15, 2018 | Articles
In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic alert that a robo-taxi had been in a wreck could violate an...
by AIP Online Bureau | Jul 15, 2018 | International News
Fliers may have a tough time recovering damages for invasive screenings at U.S. airport security checkpoints, after a federal appeals court on Wednesday said screeners are immune from claims under a federal law governing assaults, false arrests and other...
by AIP Online Bureau | Jul 15, 2018 | International News, Risk Management
The Bank of England’s warning that Brexit threatens trillions of pounds of financial contracts is falling on deaf ears in Brussels. Valdis Dombrovskis, the European Union’s head of financial-services policy, dismissed an alert issued by BOE Governor...
by AIP Online Bureau | Jul 15, 2018 | Climate, Environment, Renewable Energy, International News
Some of Europe’s largest banks are unveiling plans to lend and manage money in greener ways as pressure mounts to account for risks associated with climate change. “It is coming, it’s a trend that’s started,” said Louis...
by AIP Online Bureau | Jul 15, 2018 | Indian News
Mumbai: Sebi has proposed amendments to tighten laws governing auditors and other third-party individuals hired by listed companies for auditing financial results, among other things. The Kotak Committee, formed to come up with proposals for...
by AIP Online Bureau | Jul 14, 2018 | International News, Regulation
May is now leaning toward an agreement for the U.K. that will be similar to so-called equivalence — existing arrangements the bloc has with other countries, based on maintaining similar regulations, according to the long-awaited White Paper on Brexit. As a...
by AIP Online Bureau | Jul 14, 2018 | Indian News
Mumbai: Cumulatively, the gross new business premium of all life insurers rose by 10.78 percent to Rs 36,729.79 crore during April-June period of the current fiscal year, according to the insurance regulator IRDAI’s data. For LIC, the new business during...
