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Insurance Firm Not Liable To Pay Compensation For Death In Rash Driving: Top Court
The Supreme Court has said insurance companies are not liable to pay compensation to the families of individuals who die as a result of their own rash and reckless driving.
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Employee With Cancer Denied Remote Work, Fired Over 'Productivity Issues' While Undergoing Chemo
The employee was allegedly told that working remotely was a privilege, not an accommodation.
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LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
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What Is 'The Resteal'? The Scam UK Drivers Warned Of
UK drivers are finding themselves victims of car theft at the hands of the very individuals who sold them the vehicles just days earlier.
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Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
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Australian Woman Fired After Company Uses Keystroke Tech To Monitor Her Work From Home
An Australian woman, who was working with an insurance company, lost her job after 18 years after her firm used keystroke technology to monitor her work-from-home performance.
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Gang Loots Insurance Money By Misusing Aadhaar, Opening Fake Accounts
Delhi Police arrested 5 people, including 2 ex-employees of a leading insurance firm, for allegedly cheating 22 policy holders and withdrawing Rs 2.38 crore that remained with the insurer unclaimed either as surrendered amount or after maturity.
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PhonePe Raises Further $200 Million From Walmart at $12 Billion Valuation, Plans to Build New Businesses
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart at a pre-money valuation of $12 billion.
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Tyre Burst Not Act Of God, Pay Compensation: Mumbai Court To Insurance Firm
"The driver or owner of the vehicle has to check the condition of the tyre before travelling. The burst of tyre cannot be termed a natural act. It is human negligence," the order said.
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Can't Presume Man Capable To Drive 4 Wheeler Knows Riding 2 Wheeler: Court
The Delhi High Court has rejected the presumption of a Motor Accident Claims Tribunal that a man who is competent to drive a four wheeler cannot be expected to be incompetent to ride a two wheeler and allowed an insurance firm
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Man Offered Rs 50 Lakh Loan, He Ends Up Losing Rs 14 Lakh In Online Fraud
The Delhi Police has busted a gang that operated under the disguise of an insurance firm at a Noida-based call centre and cheated loan seekers by offering them low-interest rates against the newly purchased insurance police.
-
Italy Partners With Algorand to Become First EU Country to Tweak Banking Systems With Blockchain
Italy has chosen the Algorand blockchain to bring about improvements in the existing banking systems starting next year. Insurance or bank guarantees are commodities promised by banks or insurance firms to mitigate a loss in case of a loan default. A blockchain twist to the issuance of these guarantees could make the records more irreversible, and ...
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Amazon Clinic Virtual Healthcare Platform for US Customers Launched
Amazon Clinic was announced by the company on Tuesday as a virtual platform for users to connect with healthcare providers in the US. Customers will be able to get treatments for common ailments like allergies and skin conditions with Amazon Clinic, according to the company. Amazon Clinic will operate in 32 states in the US, and does not include he...
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Medibank Data Breach: Hackers Demand $10 Million for Stolen Australian Health Records
Hackers have demanded $10 million (roughly Rs. 82 crore) for health records stolen from major Australian healthcare firm Medibank. The hackers who breached Medibank uploaded more personal details of customers on a dark web forum on Thursday, and the health insurer has confirmed that access to 9.7 million current and former clients was accessed duri...
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Insurance Firm Not Liable To Pay Compensation For Death In Rash Driving: Top Court
The Supreme Court has said insurance companies are not liable to pay compensation to the families of individuals who die as a result of their own rash and reckless driving.
-
Employee With Cancer Denied Remote Work, Fired Over 'Productivity Issues' While Undergoing Chemo
The employee was allegedly told that working remotely was a privilege, not an accommodation.
-
LIC Becomes 5th Most-Valued Indian Firm, Reliance Tops List
State-run Life Insurance Corporation has surpassed market value of Rs 7 lakh crore, making it the fifth most-valued company in the country.
-
What Is 'The Resteal'? The Scam UK Drivers Warned Of
UK drivers are finding themselves victims of car theft at the hands of the very individuals who sold them the vehicles just days earlier.
-
Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
-
Australian Woman Fired After Company Uses Keystroke Tech To Monitor Her Work From Home
An Australian woman, who was working with an insurance company, lost her job after 18 years after her firm used keystroke technology to monitor her work-from-home performance.
-
Gang Loots Insurance Money By Misusing Aadhaar, Opening Fake Accounts
Delhi Police arrested 5 people, including 2 ex-employees of a leading insurance firm, for allegedly cheating 22 policy holders and withdrawing Rs 2.38 crore that remained with the insurer unclaimed either as surrendered amount or after maturity.
-
PhonePe Raises Further $200 Million From Walmart at $12 Billion Valuation, Plans to Build New Businesses
Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart at a pre-money valuation of $12 billion.
-
Tyre Burst Not Act Of God, Pay Compensation: Mumbai Court To Insurance Firm
"The driver or owner of the vehicle has to check the condition of the tyre before travelling. The burst of tyre cannot be termed a natural act. It is human negligence," the order said.
-
Can't Presume Man Capable To Drive 4 Wheeler Knows Riding 2 Wheeler: Court
The Delhi High Court has rejected the presumption of a Motor Accident Claims Tribunal that a man who is competent to drive a four wheeler cannot be expected to be incompetent to ride a two wheeler and allowed an insurance firm
-
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
-
Man Offered Rs 50 Lakh Loan, He Ends Up Losing Rs 14 Lakh In Online Fraud
The Delhi Police has busted a gang that operated under the disguise of an insurance firm at a Noida-based call centre and cheated loan seekers by offering them low-interest rates against the newly purchased insurance police.
-
Italy Partners With Algorand to Become First EU Country to Tweak Banking Systems With Blockchain
Italy has chosen the Algorand blockchain to bring about improvements in the existing banking systems starting next year. Insurance or bank guarantees are commodities promised by banks or insurance firms to mitigate a loss in case of a loan default. A blockchain twist to the issuance of these guarantees could make the records more irreversible, and ...
-
Amazon Clinic Virtual Healthcare Platform for US Customers Launched
Amazon Clinic was announced by the company on Tuesday as a virtual platform for users to connect with healthcare providers in the US. Customers will be able to get treatments for common ailments like allergies and skin conditions with Amazon Clinic, according to the company. Amazon Clinic will operate in 32 states in the US, and does not include he...
-
Medibank Data Breach: Hackers Demand $10 Million for Stolen Australian Health Records
Hackers have demanded $10 million (roughly Rs. 82 crore) for health records stolen from major Australian healthcare firm Medibank. The hackers who breached Medibank uploaded more personal details of customers on a dark web forum on Thursday, and the health insurer has confirmed that access to 9.7 million current and former clients was accessed duri...
