Aware Financial News

PwC India survey. The PwC Survey on Data Privacy offers vital insights from 3,233 consumers and 186 organisations across India, exploring the awareness and implementation gaps concerning the Digital Personal Data Protection Act (DPDPA), the consultancy firm said. As per the survey report titled 'How aware and prepared are Indian consumers and businesses to navigate the new era of digital privacy? A survey of India's data privacy landscape', 42 per cent of consumers are not sure if they will continue using the services of a company post a data breach.

Irdai) has directed all insurance companies to scrutinize their IT systems for vulnerabilities. This advisory follows reports of data breaches involving two major general insurance companies, Star Health and Allied Insurance, and Tata AIG General Insurance. Star Health publicly acknowledged the data breach to the stock exchanges. Meanwhile, market sources have indicated that Tata AIG was also impacted. In response, Irdai has instructed both companies to engage independent auditors for a comprehensive audit of their IT systems. The companies have also isolated the affected systems and are collaborating with external cybersecurity experts to conduct a root cause analysis. In a statement, Tata AIG confirmed its awareness of the potential data exposure. «We are aware of recent claims made by a threat actor on holding a small portion of Tata AIG data. Our dedicated teams, in collaboration with independent cybersecurity experts, are conducting a comprehensive investigation and rigorous system checks to ascertain the same,» the company said. Tata AIG has also informed regulatory authorities and is cooperating with ongoing due diligence.

The Lalit will file fresh documents for its initial public offering (IPO) in the next fiscal year starting April 2025, a top company official told ET. The IPO size may be between ₹1,500 crore and ₹1,800 crore, though the final decision is still some time away and will depend on several factors, including the market situation, said another person aware of the New Delhi-based hotel chain's plans.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

The products were sold in leading retailers including Walmart and Target.

Medical researchers at the University of Calgary say a condition affecting autonomic bodily processes — those that occur automatically, such as heart rate, bladder function and sweating — is frequently found in people diagnosed with long COVID.

judicial officers about the use of derogatory language by some members of the administrative establishment towards women. Addressing a gathering at the inauguration of the North Goa District Courts Complex near Panaji, the CJI said, «We must actively work to dismantle all barriers to have truly democratic access to justice». «As we strive for inclusivity within our courtrooms, the language which we use must reflect our ethos. We must be vigilant in our choice of words ensuring that our language is not only precise but also respectful and intrusive,» the CJI said.

October is Cybersecurity Awareness Month, which means it’s the perfect time to learn how to protect yourself from scams

Max Life Insurance’s India Retirement Index Study (IRIS) 4.0. Conducted in partnership with Kantar, the study shows a slight improvement in retirement preparedness, with the index rising from 47 to 49 points. Despite this, financial uncertainty continues to affect a large segment of the population. The study also shows that 31% of respondents are unsure about how much they will need to maintain their lifestyle post-retirement. This lack of clarity is a significant risk, especially as life expectancy increases.

Subscribe to enjoy similar stories. New Delhi: The department of consumer affairs (DoCA) has decided to withdraw from framing guidelines for e-gaming and cancelled a planned study for protecting the growing number of online gamers, two people aware of the developmen said, after draft rules were issued by the ministry of electronics and information technology (MeitY). Bengaluru’s National Institute of Mental Health and Neurosciences (Nimhans) was to conduct the study on “disruptive impulse control behavioural patterns of online gaming that may cause vulnerabilities," with the plan to notify new rules after the completion of the detailed pan-India study.

Subscribe to enjoy similar stories. Mumbai: Shapoorji Pallonji Group company Afcons Infrastructure is looking to raise ₹5,400 crore through its initial public offering (IPO) after selling shares worth about ₹3,000 crore in a pre-IPO round, two people aware of the development told Mint. Afcons had previously planned to raise ₹7,000 crore through the IPO.

health insurance products, driven by increased financial awareness, the impact of the COVID-19 pandemic, and competitive premiums in India. With a growing customer base in regions like the UAE, US, and Saudi Arabia, NRIs are increasingly turning to these insurance options to protect their families and secure healthcare benefits back home. Rising Demand for NRI Term Insurance NRIs now make up 12% of India’s total term insurance customers, with a compound annual growth rate (CAGR) exceeding 50% over the past two financial years, according to new data released by Policybazaar. The pandemic has acted as a wake-up call for many NRIs, underscoring the importance of life insurance as a financial safety net. Competitive premiums in India, coupled with the convenience of purchasing policies online, have made term insurance an attractive option.

Subscribe to enjoy similar stories. Singapore's Temasek Holdings Pte. Ltd has signed an agreement to buy 17-18% in Blackstone Inc.-backed VFS Global Services Pvt.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories. MUMBAI : Faircent, Monexo, Rang De, Finzy, Lendbox (Transactree Technologies Pvt. Ltd) and Financepeer are the six new peer-to-peer (P2P) lending platforms that have received show-cause notices from the Reserve Bank of India (RBI), according to a person aware of the development and a right-to-information (RTI) query.

Subscribe to enjoy similar stories. Auction house Saffronart is currently hosting a Fine Jewels and Silver Auction on its website, featuring a selection of 131 lots. On offer are a pair of spinel, natural pearl, emerald and diamond earrings by The Gem Palace ( ₹1.30-1.80 crore), a Colombian emerald and diamond necklace ( ₹1.20-1.80 crore), a pair of diamond earrings ( ₹45-55 lakh), among others.

fleet of drones breached restricted military airspace for 17 straight days last December.A new report, first detailed by the Wall Street Journal, says military personnel reported witnessing the mysterious fleet over a stretch of land at Langley Air Force Base along Virginia’s shore. The drones would appear in the sky about 45 minutes to an hour after sunset each night.Former air force general Mark Kelly was first made aware of the drone sightings in December 2023, the outlet reports.

Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives

An Air India flight en route from New Delhi to Chicago made an emergency landing in Iqaluit early Tuesday morning following what RCMP say was a bomb threat.

Adani Green Energy, India's largest private sector renewable power company, late on Tuesday called off its $1.2 billion bond issue after investors demanded a higher yield than what the company was ready to offer, citing geopolitical uncertainties, people aware of the details said. «There was a lot of to and fro between the company and investors on the pricing of the issue. Investors were demanding better yields and the company was not willing to budge. Finally, the company decided to call off the issue and wait for a better time when geopolitical uncertainties subside and the US presidential election is done,» said a person familiar with the development.

Edtech unicorn Upgrad cofounder and managing director Mayank Kumar has stepped down from his executive role to start a new venture, sources briefed on the matter said. Starting this month, he has significantly reduced an operating role at the Mumbai-based firm while pitching to investors for his new startup which is focused on placing skilled Indian labour abroad—especially in healthcare. Coinciding with his departure is the company’s founder and chairman Ronnie Screwvala taking a more active role at the firm, these people said. Temasek-backed Upgrad is also in the final stages of closing $50-$60 million in funding from existing investors at a flat valuation of $2.25 billion, people in the know told ET. Screwvala holds 44% stake in the company, while Kumar has 8% and there are no changes in the shareholding pattern because of Kumar’s departure from the company.