by AIP Online Bureau | Sep 14, 2023 | Indian News, Wealth Management/ Philanthropy
“An unmarried or widowed daughter is recognized to have a claim in the estate of the deceased, but a ‘divorced daughter’ does not feature in the category of dependents entitled to maintenance,” a bench of Justices Suresh Kumar Kait and Neena...
by AIP Online Bureau | Sep 14, 2023 | Eco/Invest/Demography, Health, Indian News
Nitin Gadkari ,union minister, Ministry of road, transport and highway “I am not against diesel fuel and neither we are going to levy any tax on diesel vehicles,” Gadkari told CNBC-TV18. On September 12, speaking at the annual convention of automobile...
by AIP Online Bureau | Sep 14, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company Mumbai: Reserve Bank of India on Thursday said 15 large NBFCs,...
by AIP Online Bureau | Sep 14, 2023 | Indian News, Non-Life
The passengers on the Vizag-Mumbai flight included Dhruv Kotak, Lars Sorensen, K.K. Krishnadas, Aakarsh Shethi, Arul Sali, and Kamakshi Mumbai: A private jet veered off the runway while landing at the Mumbai airport on Thursday amid heavy rains and all the eight...
by AIP Online Bureau | Sep 14, 2023 | Articles, Policy, Regulation, Risk Management, Technology
Despite the benefits AI offers to both customers and insurers, however, there are concerns around privacy and the risk of potential discrimination, as well as the lag between the pace of development of AI technologies and corresponding regulatory frameworks, cautioned...
by AIP Online Bureau | Sep 14, 2023 | Indian News, Life
(L to R) M P Tangirala, additional secretary, Dept of Financial Services, Nirmala Sitharaman, Union Finance Minister, Siddhartha Mohanty, chairman, LIC, M Jagannath,MD, LIC The corporation had a total premium income of Rs 4,74,005 crore and a net profit of Rs...
by AIP Online Bureau | Sep 13, 2023 | International News, Life, Regulation
Wang Bin, ex-chairman of China Life Insurance Co., was found to have taken bribes worth 325 million yuan ($45 million) and hiding overseas deposits, China Central Television reported Tuesday, citing a court ruling Beijing: China sentenced the former head of the...
by AIP Online Bureau | Sep 13, 2023 | Health, International News, Life
Aviva Chief Executive Amanda Blanc said the transaction further simplifies the business and puts the company in a very strong position to build on its trading momentum in the UK, Ireland and Canada London: Aviva is quitting its Singlife joint venture, selling its...
by AIP Online Bureau | Sep 13, 2023 | Eco/Invest/Demography, International News, Risk Management
Allied Chief Executive Steve Jones told Reuters that while much of the fraud, counterfeiting and loss of intellectual property was driven by financial gain, some internal leaking of sensitive information was motivated by social causes LONDON: Almost half of security...
by AIP Online Bureau | Sep 13, 2023 | Data, Health
“IndiGo has also partnered with the Thales Group as an ‘early adopter’ of their Fatigue Analysis Tool (FAT). The airline will conduct a proof-of-concept trial for its technology-driven interface to assess pilot alertness levels over the next few...