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NCLT puts Hinduja’s RCap higher offer on hold, next hearing on Jan 12

by AIP Online Bureau | Jan 4, 2023 | Indian News, Life, Non-Life

The interim stay was provided after Torrent Group filed an interlocutory application with NCLT on Monday seeking its direction to RCap’s administrator not to accept Hinduja’s revised bids that were submitted a day after the e-auctions ended Earlier, Ahmedabad-based...

Climate data can help model spread of Covid-19: Research

by AIP Online Bureau | Jan 3, 2023 | Climate, Environment, Renewable Energy, Health, Pandemic

A rising number of studies indicate that the climate may have an effect on how Covid-19 spreads, however, it is unclear how much it alters risk and transmission According to a new study by a group of researchers from the Qatar Environment & Energy Research...

What is Omicron’s XBB.1.5 Sub-variant? Should India be worried?

by AIP Online Bureau | Jan 3, 2023 | Facts, Health, Pandemic

“Immune evasiveness is the ability of the virus to infect people who had prior infection or vaccination or both. XBB.1.5 achieved this by creating a rare type of mutation called F486P, located in its RBD (receptor binding domain). It is not known whether it...

Govt has pipeline of 44 port projects worth Rs 22,900 cr till 2024-25: Sarbananda Sonowal

by AIP Online Bureau | Jan 3, 2023 | Data, Eco/Invest/Demography

The Ports, Shipping and Waterways minister further said that under the National Monetization Pipeline (NMP), MoPSW has accorded approval to 22 projects worth Rs 12,222 crore. Out of the 22 projects, seven projects worth Rs 5,278 crore have already been awarded on PPP...
IRDAI allows auto-renewal of eligible CBRs by insurers

IRDAI allows auto-renewal of eligible CBRs by insurers

by AIP Online Bureau | Jan 3, 2023 | Indian News, Non-Life, Regulation, Reinsurance

To qualify for auto-renewal of a CBR, the insurer will ensure that credit rating of the CBR should not be less than ‘Standard & Poor’s A- or equivalent. The latest credit rating of the CBR should not be prior to 12 months from the date of application for...
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