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Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA

Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA

by AIP Online Bureau | May 6, 2025 | Data, Eco/Invest/Demography, Technology

Tata Motors continued to lead the market with 4,436 units of electric PVs sold last month, although JSW MG Motor India and Mahindra & Mahindra (M&M) are catching up with 3,462 units and 2,979 units respectively, as per the Federation of Automotive Dealers...

Bajaj Allianz Life announces a record bonus of Rs1,833 crore for FY 25

by AIP Online Bureau | May 6, 2025 | Briefs, Life

Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has announced a record bonus of ₹1,833 crore for the financial year 2024–25 (FY25), its highest ever to date. This marks a significant 32% increase over the ₹1,383 crore bonus declared in...
India secures 3-year exemption from social security contribution for domestic workers in UK

India secures 3-year exemption from social security contribution for domestic workers in UK

by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Presently, Indian professionals working for a limited period in Britain contribute to their social security funds, but are not able to get their benefits as they return once the projects are complete New Delhi: India has secured a three-year exemption from social...
Maharashtra govt mulling policy to deny fuel to unfit vehicles: Minister

Maharashtra govt mulling policy to deny fuel to unfit vehicles: Minister

by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

With the increase in the number of vehicles on roads, especially those running on conventional fuel, air pollution has risen at an alarming rate, state Transport Minister Pratap Sarnaik said Mumbai: The Maharashtra government is considering a policy to deny fuel at...
Gallagher expands in Türkiye with acquisition of Aspera

Gallagher expands in Türkiye with acquisition of Aspera

by AIP Online Bureau | May 6, 2025 | Intermediaries, Non-Life, Reinsurance, Risk Management

This move marks further investment by Gallagher as the country increasingly becomes as a strategic insurance hub between Asia and Europe, Alex Nagler, CEO of Gallagher in Europe London: Gallagher today announced it has acquired Türkiye-based Aspera Sigorta ve...
Govt notifies cashless treatment scheme for road accident victims nationwide

Govt notifies cashless treatment scheme for road accident victims nationwide

by AIP Online Bureau | May 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management

“Any person being a victim of a road accident arising out of the use of a motor vehicle, occurring on any road, shall be entitled to cashless treatment in accordance with the provisions of this scheme,” the notification said. NEW DELHI: Complying with the...
LIC to see a major make over of its top management within a month

LIC to see a major make over of its top management within a month

by AIP Online Bureau | May 5, 2025 | Indian News, Life, Policy

Out of five existing managing directors, three including MD and CEO Siddarth Mohanty will be retiring by the first week of June It is expected that the FSIB will conduct interview for selecting a new MD & CEO in place of Mohanty in June after two new MDs,Dinesh...

CII releases guidebook on effective adoption governance of AI for board leaders

by AIP Online Bureau | May 5, 2025 | Data, Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology

It encompasses basic concepts related to AI, its use in various business functions, criticality of AI governance and its framework, risks and challenges and its governance and liabilities of directors associated with deployment of AI in businesses. New Delhi: Industry...
Sebi mandates cooling-off period for directors at market infrastructure institutions

Sebi mandates cooling-off period for directors at market infrastructure institutions

by AIP Online Bureau | May 5, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

In two separate notifications dated April 30, Sebi said that a non-independent director serving on the board of a market infrastructure institution will be eligible for direct appointment to the board of a competing institution after meeting two conditions — a...
TikTok fined $600 million for sending EU data illegally to China

TikTok fined $600 million for sending EU data illegally to China

by AIP Online Bureau | May 5, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

“TikTok did not address potential access by Chinese authorities to EEA personal data under Chinese anti-terrorism, counter-espionage and other laws identified by TikTok as materially diverging from EU standards,” said Graham Doyle, a deputy commissioner at the DPC...
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