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Godfrey Phillips India receives Rs100 crore interim insurance payout after Andhra fire

Godfrey Phillips India receives Rs100 crore interim insurance payout after Andhra fire

by AIP Online Bureau | May 19, 2026 | Indian News, Non-Life, Reinsurance

The company informed stock exchanges that the interim payment was received against an insurance claim of Rs344.49 crore filed in connection with the fire that broke out in the early hours of October 10, 2025, at around 2.30 am.Godfrey Phillips said the actual loss...
AI London flight: DGCA directs 787 plane’s fuel switch inspection in presence of its officers

AI London flight: DGCA directs 787 plane’s fuel switch inspection in presence of its officers

by AIP Online Bureau | May 19, 2026 | Indian News, Regulation, Risk Management, Technology

On February 2, an Air India pilot reported a defect with the fuel control switch of the Boeing 787-8 plane VT-ANX after operating the AI132 flight. The plane faced a fuel control switch issue during engine start in London on February 1. New Delhi:A detailed...
AAIB proposes framework for aviation safety

AAIB proposes framework for aviation safety

by AIP Online Bureau | May 19, 2026 | Indian News, Regulation, Risk Management

In the report, AAIB said no formalised mechanism for the exchange of safety-related information exists between defence authorities, especially the Indian Airforce, Indian Navy, and Indian Army, with AAIB and DGCA. New Delhi:Aircraft Accident Investigation Bureau...
Women investors drive Rs 11.3 trillion mutual fund assets, 35% of inflows: Report

Women investors drive Rs 11.3 trillion mutual fund assets, 35% of inflows: Report

by AIP Online Bureau | May 19, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The report noted that equity remains the dominant investment choice among women, while hybrid and solution-oriented funds are witnessing faster growth, indicating increasing portfolio diversification. New Delhi:Women investors in India are emerging as a major force in...
EU to force companies to buy components from non-Chinese suppliers, FT reports

EU to force companies to buy components from non-Chinese suppliers, FT reports

by AIP Online Bureau | May 19, 2026 | Eco/Invest/Demography, International News, Policy

Under the new legislation companies would be limited to ​buying about 30% to 40% of components from a single supplier ⁠and would have to source the rest from at least three different ​suppliers not coming from the same country, the FT said. The European Union is...
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