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Cyclone likely to reach WB-Bangladesh coasts by Oct 25, skirt Odisha: IMD

by AIP Online Bureau | Oct 21, 2022 | Indian News, Non-Life

IMD Director General Mrutunjay Mohapatra said the IMD has not so far made any forecast on the possible landfall, intensity and wind speed of the cyclone. The system will pass through Odisha coast at a distance and there was no possibility of making landfall in the...
Competition Comm slaps Rs 1,337.76 crore on Google

Competition Comm slaps Rs 1,337.76 crore on Google

by AIP Online Bureau | Oct 21, 2022 | Eco/Invest/Demography, Indian News, Regulation

Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices New Delhi: The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple...
Govt seeks $7.7 billion value for IDBI Bank in stake sale

Govt seeks $7.7 billion value for IDBI Bank in stake sale

by AIP Online Bureau | Oct 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

After years of trying, the government has only been able to privatise national carrier Air India Ltd. and introduce outside backers to LIC, while its plans to sell refiner Bharat Petroleum Corp Ltd. hit a wall as bidders struggled to find partners. New Delhi: India is...
XBB subvariant of Omicron can cause another wave of infections in some countries: Swaminathan

XBB subvariant of Omicron can cause another wave of infections in some countries: Swaminathan

by AIP Online Bureau | Oct 21, 2022 | Eco/Invest/Demography, Health, International News

“Many people just think that it is just like the flu or any other respiratory infection, but more and more data is coming out on how COVID is affecting all organ systems and not just the respiratory route. It also affects the cardiovascular system and the...

Axis Bank says followed all rules in Max Life Insurance deal

by AIP Online Bureau | Oct 20, 2022 | Banking & Bancassurance, Indian News, Life

The statement comes against the backdrop of two orders by the insurance sector watchdog Irdai in the last few days, wherein Max has been fined Rs 3 crore while a penalty of Rs 2 crore has been imposed on the bank regarding the deal on concerns over valuations Mumbai:...
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