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RCap resolution: NCLAT issues notices to Torrent Investments, others

by AIP Online Bureau | Feb 7, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life

On February 2, the Mumbai bench of National Company Law Tribunal (NCLT) had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital (RCap) and said the challenge mechanism for financial bids has already concluded....

Hackers who breached ION say ransom paid; company declines comment

by AIP Online Bureau | Feb 7, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The ransomware outbreak that erupted at ION on Tuesday has disrupted trading and clearing of exchange-traded financial derivatives, causing problems for scores of brokers, sources familiar with the matter told Reuters this week. The hackers who claimed responsibility...
Budget-2023-24:Beyond tax-saving-driven insurance sales

Budget-2023-24:Beyond tax-saving-driven insurance sales

by AIP Online Bureau | Feb 7, 2023 | Articles, Health, Non-Life, Policy, Reinsurance

Bhargav Dasgupta – MD & CEO, ICICI Lombard For a sector such as general insurance, where the industry has sought tax support for increased spend on home insurance or health, there is a message that they will have to strive for growth beyond tax-saving-driven...

Study: Everyday well-being improved by good interaction with a friend

by AIP Online Bureau | Feb 7, 2023 | Facts, Health, Workplace/Employee Benefits

“The types of communication we chose to study were ones shown in past research to make people feel more bonded through conversation.” There were seven:Catching up,Meaningful talk,Joking around.Showing care.listening,Valuing others and their opinions.Offering sincere...
Major earthquake kills 4,600 in Turkey and Syria, weather hits survivors

Major earthquake kills 4,600 in Turkey and Syria, weather hits survivors

by AIP Online Bureau | Feb 7, 2023 | Disaster & Management, Eco/Invest/Demography, International News

In Turkey, the death toll stood at 2,316, the Disaster and Emergency Management Authority (AFAD) said, making it the country’s deadliest earthquake since a tremor of similar magnitude in 1999 devastated the heavily populated eastern Marmara Sea region near...
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