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Almost all top Indian apps deploy deceptive design practices: ASCI study

Almost all top Indian apps deploy deceptive design practices: ASCI study

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management, Technology

The study by the Advertising Standards Council of India (ASCI) found that 52 of the top 53 apps have deceptive UI (user interface)/UX (user experience) practices that can mislead or trick users into doing something they originally did not intend or want to do Mumbai:...
CrowdStrike sued by shareholders over global outage

CrowdStrike sued by shareholders over global outage

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology, Workplace/Employee Benefits

In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike’s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks,...

Disaster Management (Amendment) Bill 2024 tabled in Lok Sabha

by AIP Online Bureau | Aug 1, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Risk Management

The bill is aimed to strengthen the efficient working of the National Disaster Management Authority and the State Disaster Management Authorities and has provisions for the constitution of Urban Disaster Management Authority for state capital and large cities having...
Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life

“For about two years, the industry has grown substantially. One year of consolidation is expected, so this year would be flattish. Hardly any growth can be expected in the passenger vehicle industry this year” Amit Hiranandani, automobile sector lead...

Small Indian banks back online after ransomware attack, payments authority says

by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The attack had affected C-Edge Technologies, a technology service provider to the banks. India has about 1,500 cooperative and rural regional banks, which largely serve customers in hinterland areas, one-fifth of which were affected by the attack MUMBAI: Nearly 300...
Govt formulates cashless treatment scheme for road crash victims Gadkari

Govt formulates cashless treatment scheme for road crash victims Gadkari

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Nitin Gadkari, Union Minister of Road Transport and Highways of India In a written reply in the Lok Sabha, Union Minister Nitin Gadkari said under the scheme, the eligible victims are administered health benefit packages relating to trauma and polytrauma care at...
Boeing 737 MAX in India: No engine failures, Govt says

Boeing 737 MAX in India: No engine failures, Govt says

by AIP Online Bureau | Aug 1, 2024 | Data, Risk Management, Technology

Out of the total fleet of 56 Boeing 737 Max aircraft registered and operating in India, he said there has been one recent occurrence in May 2024 on B737 Max aircraft of SpiceJet, wherein engine No 2 oil filter bypass light illuminated New Delhi: As many as 56 Boeing...
UIDAI can be asked to disclose data of missing person to court in exceptional cases: HC

UIDAI can be asked to disclose data of missing person to court in exceptional cases: HC

by AIP Online Bureau | Aug 1, 2024 | Indian News, Risk Management, Technology

The bench referred to the Supreme Court’s K S Puttuswamy judgment in which the right to privacy was held as a fundamental right and said it is a settled proposition that the data provided to the UIDAI while making an Aadhaar card is private and personal information of...
Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank

by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...

India’s Carbon Market: Regulations expected in months

by AIP Online Bureau | Aug 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management

“Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.,” Dirk Forrister,...
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