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Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million

Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million

by AIP Online Bureau | Mar 15, 2025 | Indian News, Risk Management, Technology

In April last year, Infosys said, McCamish, in coordination with its third-party vendor eDiscovery, identified up to 6.5 million individuals whose information was subject to unauthorized access and data exfiltration in the incident Indian IT services provider Infosys...

India sees record deal activity in February at USD 7.2 bn

by AIP Online Bureau | Mar 15, 2025 | Data, Eco/Invest/Demography, Technology

Retail and consumer, IT & ITES, banking and financial services, and pharma, healthcare and biotech sectors were the key drivers for volume growth, contributing 60 per cent of the overall volumes, while traditional sectors, including energy and natural resources,...
Ex-judge Ganediwala who gave controversial verdicts to get pension on par with HC judge

Ex-judge Ganediwala who gave controversial verdicts to get pension on par with HC judge

by AIP Online Bureau | Mar 15, 2025 | Indian News, Pension & Social Security

Ganediwala had sought for pension as HC’s additional judge, contending that it should be irrespective of the fact whether she voluntarily retired or superannuated after attaining a specific age Mumbai: The Bombay High Court on Thursday said Pushpa Ganediwala,...
Gold vaults $3,000 in rush for safety from market, political worry

Gold vaults $3,000 in rush for safety from market, political worry

by AIP Online Bureau | Mar 14, 2025 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy

“There will likely be increased flows into safe-haven assets like gold, especially as investors move away from equity growth stocks amid rising uncertainties and future concerns,” said Dina Ting, Head of Global Index Portfolio Management at Franklin...

SBI to launch centre for financing AI, fintech, e-commerce industries

by AIP Online Bureau | Mar 14, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

The project will help diversify the work of the bank’s project finance and structuring unit, which appraises, structures and funds large projects in infrastructure. Lending to so-call new age industries and renewable energy sectors increasingly make up a larger...
American Airlines jet engine catches fire after landing in Denver, passengers evacuated

American Airlines jet engine catches fire after landing in Denver, passengers evacuated

by AIP Online Bureau | Mar 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The engine fire is the latest in a series of high-profile aviation incidents that have raised questions about U.S. aviation safety, including the January 29 mid-air collision of an American Airlines regional jet and an Army helicopter that killed 67 people WASHINGTON:...
Baba Ramdev’s Patanjali Ayurved forays into general insurance, buys majority stake in Magma General Insurance

Baba Ramdev’s Patanjali Ayurved forays into general insurance, buys majority stake in Magma General Insurance

by AIP Online Bureau | Mar 13, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Workplace/Employee Benefits

Patanjali Ayurved,  along with other investors, have bought out the stake of Senoti Properties, a joint venture between businessman Adar Poonawalla and Rising Sun Holdings. Senoti Properties held a 74.5 per cent stake in Magma General Insurance and would...

Common diabetes drug price slashed in India due to generic versions

by AIP Online Bureau | Mar 13, 2025 | Data, Eco/Invest/Demography, Health

India is known as the diabetes capital of the world with over 10 crore people diagnosed with the lifestyle disease, as per the Indian Council of Medical Research–India Diabetes (ICMR INDIAB) study in 2023 New Delhi: The price of commonly used diabetes drug...

Lockton India appoints Anand Kaul as its MD of Transactional Lines

by AIP Online Bureau | Mar 13, 2025 | Briefs, Non-Life, Reinsurance

Lockton, the world’s largest independent insurance broker, has appointed Anand Kaul as Managing Director – Transactional Lines. In this role, Anand will lead and expand Lockton India’s transactional liability offerings, focusing on providing specialized...

ICMR should study more about air pollution suggest ways to handle ill-effects Par Panel

by AIP Online Bureau | Mar 13, 2025 | Health, Indian News, Policy, Regulation, Risk Management

“The committee, therefore, feels that it is high time for India to establish an Environmental Health Regulatory Agency for Comprehensive and Cohesive Environmental Governance to control detrimental health effects of exposure to air, water and soil pollutants to...
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