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LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday

LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday

by AIP Online Bureau | May 7, 2022 | Indian News, Life, Wealth Management/ Philanthropy

Retail individual investors bid for 8.53 crore shares as against 6.9 crore shares set aside for this segment — translating into oversubscription of 1.23 times Of the total, the policyholders’ portion was subscribed a little over four times, while that for...

Global tech industry body seeks revision in India’s directive on reporting of cyber security breach

by AIP Online Bureau | May 6, 2022 | Eco/Invest/Demography, Indian News, Technology

ITI has raised concerns over the mandatory reporting of breach incidents within six hours of noticing, to enable logs of all ICT systems and maintain them within Indian jurisdiction for 180 days, the overbroad definition of reportable incidents and the requirement...
Financial firms face $225 billion in water-related losses, analysis estimates

Financial firms face $225 billion in water-related losses, analysis estimates

by AIP Online Bureau | May 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

The U.N. has warned of a 40% shortfall in supply by 2030 if water consumption and production patterns do not change and so-called water risk, through flood, drought or pollution, is set to become a growing issue for companies over the next decade By underestimating...
EU citizens may sue countries for health-damaging dirty air, top court adviser says

EU citizens may sue countries for health-damaging dirty air, top court adviser says

by AIP Online Bureau | May 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Policy

The opinion concerns a case brought by a Paris resident seeking 21 million euros in compensation from the French government, on the grounds that air pollution damaged his health and the government failed to ensure compliance with EU limits BRUSSELS: Citizens in...

Validity of models, methodology of data collection questionable: India on WHO COVID deaths report

by AIP Online Bureau | May 6, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

In a report released on Thursday, the WHO estimated that nearly 15 million people were killed either by the coronavirus or by its impact on overwhelmed health systems in the past two years, more than double the official death toll of 6 million According to the WHO...
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