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“Flight problems, baggage and refund issues are major complaints of air passengers”: DGCA

“Flight problems, baggage and refund issues are major complaints of air passengers”: DGCA

by AIP Online Bureau | Oct 29, 2023 | Data, Indian News, Non-Life, Regulation, Risk Management

Consumer Affairs Secretary Rohit Kumar Singh mentioned that the National Consumer Helpline has received about 10,000 complaints related to the airline sector in the last year. The report states further that the maximum number of complaints were received by Indigo (61)...
Sebi turns up heat on unregistered influencers giving tips on social media

Sebi turns up heat on unregistered influencers giving tips on social media

by AIP Online Bureau | Oct 29, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

Sebi has repeatedly warned investors about the dangers of acting on dubious advice on social media, and has taken action against at least 29 unregistered entities for giving recommendations Mumbai: India’s legion of financial influencers are once again under the...
Bagi’s  net profit records a 40% jump to Rs 468 crore in Q2

Bagi’s net profit records a 40% jump to Rs 468 crore in Q2

by AIP Online Bureau | Oct 27, 2023 | Indian News, Non-Life

Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance With an underwriting profit of Rs 37 crore, Bajaj Allianz has reported a healthy combined ratio of 95.3% for Q2 FY 23-24 Pune: Bajaj Allianz General Insurance(Bagi) reported a net profit of Rs 468 crore with...

“Prevention, preparedness, surveillance and joint responses are four pillars to achieve ‘One Health'”: V K Paul

by AIP Online Bureau | Oct 27, 2023 | Workplace/Employee Benefits

Paul highlighted the importance of partnerships, involving state governments, academia, the private sector, civil society, and pharmaceutical companies, to successfully achieve the One Health mission New Delhi: Four pillars to achieve One Health are “Prevention,...
Irdai sets up panel to simplify wording of insurance polices

Irdai sets up panel to simplify wording of insurance polices

by AIP Online Bureau | Oct 27, 2023 | Health, Indian News, Life, Non-Life

The Insurance Regulatory and Development Authority of India (Irdai) said policyholders often find it difficult to comprehend the terms and conditions in insurance policy contracts because of the complexity of the language used New Delhi: Regulator Irdai on Thursday...

ManipalCigna Health Insurance eyes doublings its south Indian business

by AIP Online Bureau | Oct 26, 2023 | Briefs, Health

Hyderabad: ManipalCigna Health Insurance is targetting to double its business from south India to over Rs 1000 crore the next two years, and is aiming to launch new branch offices, increase employee strength and recruit over 10,000 agents in the region. Sapna Desai,...

Electric cars to increase by almost 10 times by 2030: International Energy Agency

by AIP Online Bureau | Oct 26, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Technology

“The transition to clean energy is happening worldwide and it’s unstoppable. It’s not a question of ‘if’, it’s just a matter of ‘how soon’ — and the sooner the better for all of us,” said International Energy Agency Executive...
Sensex plunges more than 800 points to fall below 64k mark

Sensex plunges more than 800 points to fall below 64k mark

by AIP Online Bureau | Oct 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

In the whole of October, the Sensex has plunged over 2,600 points so far leaving investors poorer by Rs 9.8 lakh crore in the month.. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services said there is risk-off in global equity markets triggered...

FACTBOX-Governments race to regulate AI tools

by AIP Online Bureau | Oct 26, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are...

23andMe notifies customers of data breach into its ‘DNA Relatives’ feature

by AIP Online Bureau | Oct 26, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

In the new emails, 23andMe told customers there was a breach of one or more accounts connected to theirs through the DNA Relatives feature. That feature allows users around the world to connect and share their personal data, including relationship labels, ancestry...
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