The Employees’ Provident Fund Organisation has upgraded its online services, enabling convenient Aadhaar-based face authentication for first-time universal account number activation via the UMANG app, streamlining claims and account management for workers. The Employees’ Provident Fund Organisation has expanded its…
Danish maritime companies are expanding their footprint in India, buoyed by government incentives and green initiatives, as Denmark and India deepen their collaboration in shipbuilding and naval technology. Danish maritime companies are looking to expand their presence in India as…
India has strengthened its cybercrime response through the Indian Cyber Crime Coordination Centre and innovative reporting portals, leading to significant financial recoveries and enhanced cross-border cooperation against cyber scams. India’s cybercrime response has evolved into a far more organised system…
Ribbit Capital offloads a significant chunk of its holdings in Groww through bulk deals worth over ₹2,200 crore, marking continued investor exits despite the fintech company’s impressive growth in net profit and revenue. Ribbit Capital has pared back its holding…
A 58-year-old teacher in Bengaluru has fallen victim to a deceptive online investment scheme promising AI-managed returns, resulting in a loss of over ₹30 lakh, amid a rising wave of digital financial scams across India. A 58-year-old teacher in Bengaluru…
The Supreme Court of India has ordered all states to establish dedicated investigation teams to uncover a suspected widespread pattern of fraudulent motor accident insurance claims, signalling a major crackdown on insurance fraud in the country. The Supreme Court of…
Generali Central Insurance is exploring innovative health policies that adjust premiums based on treatment location, alongside expanding cyber insurance products amid rising digital risks in India. Generali Central Insurance is considering a health insurance product that would vary premiums by…
Mergers and acquisitions in India have surged, with deal volumes doubling since 2017, driven by sectors like pharmaceuticals, healthcare, and AI. However, successful integration and execution remain critical to unlocking value, according to Crisil Ratings. Crisil Ratings says mergers and…
India’s Dmart retailer Avenue Supermarts is preparing to raise around 10 billion rupees through short-term bonds, marking its first debt issuance since 2019 as it seeks to tap demand from high-grade investors in a changing financing landscape. Avenue Supermarts, the…
Jumio introduces a live, continuous identity verification model designed to combat escalating AI-generated document forgeries, synthetic identities, and coordinated fraud rings, reflecting a shift from static checks to dynamic, signal-based approaches. Jumio is arguing that the old model of identity…
