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“If previous government had constructed properly…” Sikkim Chief Minister on hydel dam destroyed in flash floods

“If previous government had constructed properly…” Sikkim Chief Minister on hydel dam destroyed in flash floods

by AIP Online Bureau | Oct 7, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

The Lhonak glacier in the Sikkim Himalayas burst and started to overflow breaching one side of the lake on October 3 leading to the rise in the water levels in Teesta and inundate several areas of the state. The 1200 MW dam Teesta Stage III hydel power project in...

From Ukraine to Taiwan, satellite firms wrangle with geopolitics in space

by AIP Online Bureau | Oct 6, 2023 | International News, Risk Management, Technology

In March, Taiwan reported that two undersea cables to some of its outlying islands appeared to have been cut, although it stopped short of blaming Beijing. Taiwan media reported mounting interest in securing satellite internet connectivity immediately afterwards. Such...

Germany to Send Air Defenses for Kyiv to Guard Grain Routes

by AIP Online Bureau | Oct 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

While Kyiv has unilaterally created a temporary corridor for ships in the Black Sea, so far it’s mostly symbolic as mainstream shipping companies are wary of using it. Twelve ships have passed through it in recent weeks, but that’s very few compared with traffic via...
Aviva shares jump 8% as Times cites takeover talk

Aviva shares jump 8% as Times cites takeover talk

by AIP Online Bureau | Oct 6, 2023 | International News, Life, Non-Life

Names of potential bidders mentioned include Germany’s Allianz SE, Denmark’s Tryg AS, and Canada’s Intact Financial Corp, the Times said. LONDON: Shares in Aviva shot up almost 9% on Friday, after Britain’s Times newspaper cited talk of a possible takeover of...

SBI Gen appoints Rakesh Kaul as chief business officer

by AIP Online Bureau | Oct 6, 2023 | Briefs, Non-Life

SBI General Insurance has announced the appointment of Rakesh Kaul as chief business officer. In his new role, he will be responsible for developing and executing business strategies, overseeing sales and distribution efforts, and driving overall company...
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