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Three insurance-related firms to raise Rs 10,000 cr through IPOs

by AIP Online Bureau | Aug 22, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Adding more fire to the already-frenzied IPO market, three insurance sector companies are entering the primary market with initial public offerings in coming months to mop up over Rs 10,000 crore. These companies are — PB Fintech, which runs...

T-Mobile says hackers accessed data of another 5.3 million subscribers

by AIP Online Bureau | Aug 21, 2021 | International News, Risk Management, Technology

T-Mobile US Inc said on Friday hackers had accessed personal data of another 5.3 million wireless customers, widening the extent of a breach that has affected millions of current, former and prospective customers. The data includes address, date of birth and phone...

The cost of saving global economy: $834 million an hour for 18 months

by AIP Online Bureau | Aug 21, 2021 | Eco/Invest/Demography, Health, International News, Non-Life

Imagine spending $834 million an hour for 18 months. That’s how much central banks have spent buying bonds since the pandemic hit, according to Bank of America strategists, who estimate the Fed alone has put in $4 trillion. It’s a statistic that speaks to...

Class action against 9 firmsĀ for falling to refund payments during coronavirus pandemic

by AIP Online Bureau | Aug 21, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology

  New Delhi: For the first time, the Central Consumer Protection Authority (CCPA) has started “class action proceedings” against 9 firms ,including online travel companies, a social media firm, and an e-commerce firm. for failing to refund...

India says to exceed emission cut targets, further reduction hinges on climate fund

by AIP Online Bureau | Aug 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

New Delhi: India is set to exceed its targets for cutting greenhouse gas emissions and boosting the share of non-fossil fuels in electricity generation but any further commitment to reducing its carbon footprint will depend on climate finance from rich countries, a...
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