Category: Corporate

A vigilant claims processing team at Shriram General Insurance Company (SGIC), utilizing modern tools for investigation including AI, has assisted the UP Police in uncovering a significant motor claims fraud in Bareilly district. Additionally, the investigation officer has lodged an FIR against the culprit, and now examining whether the road accident case was actually a genuine one or a fraud for financial gain. The case began with a road accident death claim against SGIC for Rs 12 lakh in 2018. On August 26, 2018, an FIR was registered for a road…

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The Indian equity markets remained resilient for a major part of CY 2024, despite challenges posed by sticky inflation, weaker than expected Q2FY25 earnings, general elections outcome, FII outflows and global geopolitical uncertainty. In calendar year 2024, bellwether indices – Nifty 50 and Sensex generated positive returns of 14.32% and 12.55% respectively. While indices related to different market capitalization – Large, Mid and Small represented by Nifty 100, Nifty Mid Cap 150 and Nifty Small Cap 250 were up by 17.80%, 27.60% and 30.71% respectively on an absolute basis. (Data…

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Improving their offering of efficient electric vehicle journey, GPS Tuner Systems Kft. has become the first to integrate alert data from NIRA Dynamics in an EV routing applcation. This collaboration is set to redefine how EV drivers experience the road, offering not just directions but a deeper, more insightful understanding of road conditions. The integration was officially launched at the London EV Show. The collaboration between NIRA Dynamics and GPS Tuner Systems brings a new dimension to EV navigation by incorporating real-time road perception data. This innovation allows drivers to safely navigate through…

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 NITCO Ltd., a legacy brand in tiles, marble, and mosaics, today announced that the company has secured orders of Rs 105 crore from the real estate firm Prestige Group. This order reinforces NITCO's reputation as a trusted partner for high-quality tiles and marble. As per the order, NITCO will supply tiles and marble to Prestige Group’s several real estate projects spread across various cities in the country. Based on the Prestige’s ongoing projects, NITCO expects the order size to increase to about Rs 210 crore. The company continues to expand its…

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Europe’s recent uptick in electric vehicle sales hasn’t been enough to reverse a year in decline. According to international car experts, car subscription models hold significant untapped potential that could advance Europe’s green mobility. Electric vehicle sales in Europe increased in October with a total of 124,907 new EVs being registered, representing an uptick of around 2% compared to the same month the year before. However, the small gain isn’t enough to turn around this year’s negative trend, as year-to-date EV sales are still 5% lower than last year, according…

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 On the occasion of Retailers Day NCR leading mall KW Delhi-6  facilitated the retailer and restaurant present in the mall in an award ceremony organised by the KW Group. In the event representatives of 93  brands and restaurants were present.  Key representatives of KW Group Mr. Saurabh Walia (Mall Head) and Sudipto Sankar Roy ( Media and Marketing head ) were also present in the award ceremony. The awards were divided in several categories. Reliance Smart, Monte Carlo, and Bikarnerwala won awards for top sales while brands such as Wow…

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The Associated Chambers of Commerce and Industry of India (ASSOCHAM) announced that Mr. Deepak Sood, Secretary General is moving on from the Chamber to pursue other interests. Mr Sanjay Nayar, President ASSOCHAM said, “Deepak made important contributions to rebuilding a healthy balance sheet, delivering quality and a better national footprint for the chamber in recent years. The past presidents and I thank and wish him the best for the next phase.” “I have decided to move on to pursue other interests, leaving behind more than five years of impact work…

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  New appointment to scale business growth and enhance profitability   Exabeam, a global cybersecurity leader that delivers AI-driven security operations, today announced the appointment of Mike Byron as Chief Financial Officer (CFO). Byron’s extensive experience in optimizing financial processes and driving profitability will help Exabeam scale its operations while continuing to meet the evolving needs of its customers.   Byron brings over 20 years of experience leading global finance organizations, including those in high-growth SaaS technology companies. He previously served as SVP of Strategic Finance and FP&A at Mimecast,…

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This article covers the presentations of case studies at the “Annual Conference of Japanese Society for Artificial Intelligence, 2024” attended by Murata Manufacturing (hereinafter, “Murata”) as well as the exhibits at their corporate booth with comments from the three members of the data & analytics department, who participated in the conference on the day of the event. 1. Participating in conferences and promoting the appeal of the practical application of data science The Annual Conference of Japanese Society for Artificial Intelligence, 2024 (hereinafter, “JSAI 2024”) is a large-scale academic meeting…

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