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Hinduja Group likely to complete RCap acquisition by Jan-End

Hinduja Group likely to complete RCap acquisition by Jan-End

by AIP Online Bureau | Dec 15, 2024 | Indian News, Life, Non-Life, Regulation

“Most of the approvals and procedures related to the resolution process of Reliance Capital are complete. Couple of the procedures at the end of the administrator and CoC are to be completed. We hope that all these will be over in the next 4-6 weeks and RCAP...
HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation

HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation

by AIP Online Bureau | Dec 15, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

The court was hearing a bunch of petitions, including one initiated suo motu (on its own), raising concerns over the high number of deaths at government hospitals in Nanded and Chhatrapati Sambhajinagar districts last year Mumbai: The Bombay High Court on Saturday...

FPIs return to Indian equities; infuse Rs 22,766 cr in first two weeks of Dec

by AIP Online Bureau | Dec 15, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Looking ahead, the flow of foreign investments into Indian equity markets will hinge on several key factors. These include the policies implemented under Donald Trump’s presidency, the prevailing inflation and interest rate environment, and the evolving...
India and UK to collaborate on developing financial regulations

India and UK to collaborate on developing financial regulations

by AIP Online Bureau | Dec 14, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy, Regulation, Reinsurance, Technology

Participants from India and UK touched upon reforms in respective financial services sectors including capital markets, insurance & reinsurance, pensions, FinTech, sustainable finance and International Financial Services Centre GIFT City/Gujarat: The 3rd India –...

E-commerce to adopt Safety Pledge to protect online consumers on Dec 24

by AIP Online Bureau | Dec 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

With India projected to have 500 million online shoppers by 2030 and currently hosting 880 million internet users, the initiative addresses critical challenges in the rapidly expanding e-commerce landscape. The pledge requires platforms to cooperate with statutory...
Meta outage hit Facebook Instagram WhatsApp

Meta outage hit Facebook Instagram WhatsApp

by AIP Online Bureau | Dec 14, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Meta’s outage is a timely reminder of the need to engineer critical systems to maximise their reliability, including minimising central points of failure and employing engineering principles like fault isolation Melbourne: A major outage is affecting users of popular...
Max Life Insurance rebrands to Axis Max Life Insurance

Max Life Insurance rebrands to Axis Max Life Insurance

by AIP Online Bureau | Dec 13, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation

“With Axis now an integral part of our identity, we are well-positioned to capitalize on new opportunities and accelerate our growth by expanding our distribution network, enhancing customer touchpoints, and delivering digitally empowered services. Together, we are...
HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation

Give utilisation certificate for SDRF funds spent before seeking more money Kerala HC to govt

by AIP Online Bureau | Dec 13, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy

The court was hearing a plea initiated by it for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district and claimed over 200 lives Kochi: The Kerala High Court on Thursday directed...
Judges should refrain from using social media: SC

Judges should refrain from using social media: SC

by AIP Online Bureau | Dec 12, 2024 | Indian News, Risk Management

“Judicial officers should not go to Facebook. They should not comment on judgments because tomorrow if the judgment is cited, judge has already expressed one way or the other bench of Justices B V Nagarathna and N Kotiswar Singh New Delhi: Observing that judges...

Hacking rooftop solar can disrupt of Europe’s Power Grid

by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The exponential growth of rooftop solar systems means millions more connection points to the grid, creating a massive vulnerability that hackers could exploit. The most serious impact may be cascading grid failures across the continent. That risk is a growing concern...
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