risk management

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    Investment Roundup: Cedar Hill, Smile Group Back Sign3's AI Platform

    Mumbai, March 30 Cedar Hill Capital announced on Monday that it has led a USD 1.5 million investment in Sign3, an AI-native fraud intelligence and risk management platform.The round also saw participation from existing investor Smile Group, as well as other founders and operators, including...
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    Navigating Uncertainty: CII's Framework for Indian Industry in the West Asia Crisis

    New Delhi, March 29 The industry body, CII, on Sunday commended the government for its "swift, coordinated, and well-calibrated response" to the disruptions caused by the West Asia crisis, and outlined a 12-point agenda for Indian businesses to complement these efforts.CII Director General...
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    Jio Fin Services to Partner with Allianz on Insurance Ventures

    Mumbai, March 29 Jio Financial Services (JFS) is aiming to launch general and life insurance businesses this year, a top company official has said.The financial services company does not have any immediate plans to enter the unsecured and consumer durable lending businesses."We hope to start...
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    P2P Lending Insights: Investment Patterns and Growth

    New Delhi, March 26 UPI has emerged as the dominant payment method among lenders, accounting for 91.89 per cent of transactions on the platform, far surpassing net banking, IMPS, and debit cards, according to a report.Female lenders invested an average of Rs 2.5 lakh, more than four times the...
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    India's Insurance Ecosystem Gains Resilience with New Reinsurance JV

    New Delhi, March 26 Jio Financial Services Ltd (JFSL) and Allianz Group, through its wholly-owned subsidiary Allianz Europe BV, announced on Thursday that their reinsurance joint venture has commenced operations.Allianz Jio Reinsurance Ltd is authorized to underwrite reinsurance in India with...
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    Navigating Global Boundaries: India's Business Strategy

    New Delhi, March 23 Delhi Lieutenant Governor Taranjit Singh Sandhu said on Monday that India has emerged as a "reliable partner" in the global supply chain and innovation ecosystems.Addressing the 26th edition of IndiaSoft at Bharat Mandapam on the theme of 'Business Beyond Boundaries'...
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    Regulating AI Actions with Policy-Based Firewall

    Jaipur, March 21 A neuro-engineering deep-tech AI company based in Gujarat has developed an "AI Action Firewall" aimed at making artificial intelligence systems safer by verifying every action before execution, an official said on Saturday.The firewall will function as a policy-based safety...
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    Producer's Case Dismissed: Court Emphasizes Film's High-Risk Nature

    New Delhi, March 19 Observing that filmmaking is a high-risk business, the Supreme Court on Thursday quashed criminal proceedings against a producer for fraud after he failed to return money to a financier.A bench of justices PS Narasimha and Manoj Misra said that to constitute an offense of...
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    Cybersecurity Firm Kratikal Tech Adds New Independent Directors

    New Delhi, March 19 Kratikal Tech announced the appointment of three independent directors on Thursday, as the cybersecurity solutions company strengthened its board ahead of its proposed listing on the BSE.In a statement, the company said the appointments come in the context of its transition...
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    Settlement Guarantee Fund Rules Updated for Clearing Corporations

    New Delhi, March 16 The markets regulator, Sebi, on Monday revised the rules governing the Settlement Guarantee Fund (SGF) for the commodity derivatives segment to ease compliance for clearing corporations.Under the revised framework, clearing corporations will now calculate the SGF coverage...
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    Actress Celina Jaitly's Brother Requests No Legal Firm in UAE Detention

    New Delhi, March 16 The Delhi High Court on Monday closed proceedings on the petition filed by actress Celina Jaitly regarding the detention of her brother, Vikrant Jaitly, in the UAE, and asked the Centre to continue providing legal assistance to the retired major.Observing that the Indian...
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    Hrithik Roshan: Why Actors Shouldn't Do Their Own Stunts

    Mumbai, March 16 Actor Hrithik Roshan once shared his firm views on the concept of a few actors performing their own stunts, during an old interview with Lehren TV.During the interaction, Hrithik, without holding back, spoke about the risks involved in stunt sequences and explained why he...
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    Farmers Need Collective Action for Economic Growth

    Deoria (UP), March 15 Union Minister and Rashtriya Lok Dal supremo Jayant Chaudhary said on Sunday that farmers can expand their businesses by accessing better markets through farmer producer organizations, and they need to work in an organized manner to become economically stronger.He said...
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    Evolving Risks: Corporate Governance Challenges

    Kolkata, March 14 Geopolitical developments, economic volatility, rapid digitalization, cyber threats, and emerging technologies like artificial intelligence are reshaping the global risk landscape for organizations, posing new challenges for traditional governance and control systems, an...
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    AI Decisioning Engine Streamlines Business Lending Processes

    Bengaluru, March 12 Fexo, an AI intelligence platform focused on the BFSI sector, announced on Thursday the launch of its proprietary AI decisioning engine for business loans.The new system is designed to help banks, NBFCs, and financial services providers accelerate the adoption of AI across...
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    AI Governance: Karnataka Committee to Prioritize Transparency & Accountability

    Bengaluru, March 12 The Karnataka government said on Thursday that it has formed a committee on responsible AI to develop a comprehensive framework to guide the safe, ethical, and transparent adoption of AI across government systems and public services.The committee, chaired by Kris...
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    India’s AIF Industry Grows: Sebi Focus on Innovation and Risk Disclosure

    Mumbai, March 11 The capital markets regulator, Sebi, is exploring a new regulatory framework for Alternative Investment Funds (AIFs) that could speed up the launch of fund schemes, its Chairman Tuhin Kanta Pandey said on Wednesday.The proposed "Lodge and Launch" model would allow certain AIF...
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    Autonomous Bodies: Utilizing Risk-Control Scorecards for Financial Prudence

    New Delhi, March 9 Comptroller and Auditor General of India (CAG) K Sanjay Murthy said on Monday that autonomous institutions should use tools like the Risk-Control Maturity Scorecard (RCMS) to assess whether financial prudence is being followed.Addressing a workshop, organized with central...
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    New Units and Training Combat Cybercrime in Karnataka

    Bengaluru, March 7 Karnataka Home Minister G Parameshwara said on Saturday that the state government had taken strict measures to curb cybercrime, including the establishment of specialized units and the expansion of cyber police infrastructure across the state.He was speaking after...
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    Yes Bank Introduces Women's Salary Account with Financial Perks

    New Delhi, March 5 Private sector lender Yes Bank announced on Thursday the launch of an exclusive salary account, a solution designed to support the financial and lifestyle needs of working women ahead of International Women's Day.This new offering will bring together a suite of specialized...
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