Stellantis has named Rahul Rajupalepu as the new Head of its Global Digital Hub in India. He succeeds Karim Lalani, who has taken up a new role as the Chief
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STOCKHOLM, Feb. 2, 2021 /PRNewswire/
Greater Than today announce that the company further extends its cooperation with Mitsui Sumitomo Insurance (MSI). The Sweden-based insurtech and AI risk insight provider continue to deliver high-performance solutions and risk insight for MSI by delivering a behaviour and usage-based car insurance (UBI) solution for Carro, the South East Asia s automotive marketplace.
With the new cooperation, motorists in South East Asia will enjoy tailored insurance policies and pricing that reflect their actual driving behaviour. Instead of the traditional packages, the auto insurance premiums and bonuses will be calculated based on the AI technology from Greater Than, which analyses driver behaviour and distance travelled in real-time.
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STOCKHOLM, Jan. 21, 2021 /PRNewswire/ Greater Than is extending its partnership with MSIG s Global Digital Hub ( MSIG s GDH ) in Singapore and will be offering a predictive risk insight, app-based solution to Car Club, Singapore s first car-sharing service provider. The collaboration will offer an innovative safe driving program to MSIG s corporate client, Car Club and further promote road safety awareness in Singapore. We are thrilled that Car Club has chosen Greater Than to be their AI-based Insurtech provider. In addition to us driving digital strategies across our businesses in the region, one of our aims as the Global Digital Hub is to facilitate innovative insurance services through collaboration. We are glad to be able to assist our corporate clients like Car Club in this exciting undertaking. With road safety central to our common objective, we believe the AI-based technology will also contribute positively to this social cause, s
Nifty seen opening with 50 points down
January 18, 2021
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Domestic markets are expected to continue the downward slide, as trends from SGX Nifty indicate a gap-down opening of about 50 points. Tracking the weak global markets, the SGX Nifty is currently ruling at 14,414 as against the NIfty-50 Friday’s close of 14,458.
The US markets on Friday closed with a loss of 0.5-0.9 per cent while most Asian markets such as Japan, Korea, Taiwan and Singapore; and Australia are down by about one per cent. Even all the US futures Dow, Nasdaq and S&P 500 are down marginally.
It may be recalled that the BSE Sensex slumped 549.49 points at 49,034.67 and the Nifty50 161.90 points at 14,433.70.
Key benchmark indices are trading lower in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 228.47 points or 0.47% at 48,806.20. The Nifty 50 index was down 70.15 points or 0.49% at 14,363.55.
The S&P BSE Mid-Cap index was down 1.49%. The S&P BSE Small-Cap index was down 0.89%.
The market breadth, indicating the overall health of the market, is weak. On the BSE, 825 shares rose and 1315 shares fell. A total of 109 shares were unchanged.
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HDFC Bank rose 1.17%. HDFC Bank reported 18.1% rise in net profit to Rs 8,758.29 crore on 4.1% increase in total income to Rs 37,522.92 crore in Q3 FY21 over Q3 FY20. Net interest income for the quarter ended 31 December 2020 grew by 15.1% to 16,317.6 crore from 14,172.9 crore for the quarter ended 31 December 2019, driven by advances growth of 15.6%, and a core net interest margin for the quarter of 4.2%.