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Star Health Insurance Q1 net profit rises 35 pc to Rs 288 cr

Star Health Insurance Q1 net profit rises 35 pc to Rs 288 cr

by AIP Online Bureau | Jul 28, 2023 | Health, Indian News

Gross written premium increased to Rs 2,949 crore in Q1 FY24 compared to Rs 2,464 crore in the same period a year ago Chennai: Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter. The...
7 airlines closed down in 5 years, 16 carriers operational now: Government Data

7 airlines closed down in 5 years, 16 carriers operational now: Government Data

by AIP Online Bureau | Jul 28, 2023 | Data, Eco/Invest/Demography

As per the data, seven airlines have been shut down in the last five years till July 21, 2023. Two airlines — Heritage Aviation Pvt Ltd and Turbo Megha Airways Pvt Ltd — were shuttered in 2022.Three carriers — Zexus Air Services Pvt Ltd, Deccan...

Indian-made cold syrup sent to Iraq contains poison, test shows

by AIP Online Bureau | Jul 28, 2023 | Health, International News

A bottle of Cold Out purchased at a pharmacy in Baghdad in March contains 2.1 per cent ethylene glycol, according to Valisure LLC, an independent US laboratory. That’s about 21 times the widely accepted limit. The compound is lethal to humans in small amounts and...
India has adequate and sufficient insurance coverage for nuclear incidents

India has adequate and sufficient insurance coverage for nuclear incidents

by AIP Online Bureau | Jul 28, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Jitendra Singh,Union Minister of State (Independent Charge) Science & Technology The minister informed that without any insurance or financial securities, the nuclear operator cannot operate the nuclear facilities, and the operator is also mandated to renew the...
Par panel asks govt to design framework to deal with cyber crimes

Par panel asks govt to design framework to deal with cyber crimes

by AIP Online Bureau | Jul 28, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management, Technology

Noting that current compensatory mechanism for victims of cybercrime in the financial sector has limited scope and coverage, the panel said financial institutions must play a supportive role as there is a fiduciary relationship between financial institutions and their...
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