Seventeen Group boosted turnover by 21.8% to £45.31m in 2023 on the back of acquisitions and organic growth, as it trimmed losses compared to the year before. The business consists of four units – James Hallam Insurance Brokers, Isle of Man-based broker Kestrel Insurance Services, managing general agent Touchstone Underwriting and London Re, a joint … Read more
Agustín Carstens, General Manager of the Bank for International Settlements (BIS), is collaborating with Nandan Nilekani on an ambitious project called the “Finternet.” This initiative aims to revolutionise the global financial system by creating an international ‘payment plus’ system that goes beyond basic transactions. Drawing inspiration from technological advances like the iPhone, Carstens envisions a … Read more
Prime Minister Narendra Modi spoke about India’s remarkable achievement in reducing data costs, stating that the country now offers internet access at an astonishingly low rate of just 12 cents per gigabyte (GB). This significant drop in prices has positioned India as a leader in global digital affordability, he said. Modi was addressing the India … Read more
The Tata group has invested in semiconductors, electric vehicles, batteries and related industries as well and therefore the conglomerate will create five lakh jobs in the next five to six years, Tata Sons chairman N Chandrasekaran said on October 15. His remarks came at the Indian Foundation of Quality Management (IFQM) Symposium in Delhi, where … Read more
The US-India Strategic Partnership Forum (USISPF) hosted its Annual India Leadership Summit 2024 on Monday, October 14, bringing together leaders from industry and government to explore the evolving relationship between the two nations. The discussion focused on India’s expanding role in global supply chains, artificial intelligence (AI), and infrastructure. John Chambers, Chairman of USISPF, emphasised … Read more