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Slumping EV prices force carmakers to repay leasing firms

Slumping EV prices force carmakers to repay leasing firms

by AIP Online Bureau | Feb 22, 2024 | Eco/Invest/Demography, International News, Technology

Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2 trillion second-hand car market Carmakers have begun compensating leasing companies for the...

Number of stocks with over $1 bn M-cap nearly doubled to 500 since 2019

by AIP Online Bureau | Feb 22, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“The Indian equity markets are the only ones across the major emerging market (EM) economies which have consistently given more than 10 per cent annualised returns over the last 5-year/10-year/15-year/20-year periods. New Delhi: The market depth in India has...
Centre issues stern warning against surrogate ads seen as harming consumers

Centre issues stern warning against surrogate ads seen as harming consumers

by AIP Online Bureau | Feb 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation

“We are committed to working collaboratively with all stakeholders as we navigate through this evolving issue. The Department of Consumer Affairs reaffirmed its stance with utmost clarity that any continued involvement in surrogate advertising will not be condoned. It...

SBI Life Insurance launches 24×7 Helpline for NRIs

by AIP Online Bureau | Feb 22, 2024 | Briefs, Life

SBI Life Insurance launched an exclusive 24×7 Inbound Helpline for Non-Resident Indians (NRIs) to provide global accessibility of after sale services. Customers residing anywhere outside India can leverage this premium service* by dialing the dedicated helpline...

‘Money mule’ bank accounts on the rise in India: Report

by AIP Online Bureau | Feb 22, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Mule accounts are owned by people who are duped by fraudsters into laundering stolen/illegal money via their bank accounts. When such incidents are reported, the “money mule” becomes the target of investigations due to their involvement New Delhi: Banks in...
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