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‘Green’ funds shown to herd less, cutting climate shock risk: EU watchdog

by AIP Online Bureau | Mar 17, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  LONDON: Funds investing in “brown” or polluting companies would be hit far harder than environmentally-friendly “green” funds in a climate-related market shock, the European Union’s securities watchdog said on Wednesday in its...

Auto cos to be fined up to Rs 1 cr on mandatory recall orders for defective vehicles: Govt

by AIP Online Bureau | Mar 17, 2021 | Eco/Invest/Demography, Non-Life, Risk Management, Technology

  New Delhi: Automobile majors will have to shell out up to Rs 1 crore as penalty in case of mandatory recall orders by the government for defects in manufacturing from April 1, 2021, Ministry of Road Transport and Highways said on Wednesday. The ministry has...

IRDAI modifies norms to check arbitrary rise of health premiums by insurers

by AIP Online Bureau | Mar 16, 2021 | Health, Indian News, Non-Life, Regulation

  Hyderabad, Mar 16: In a bid to check any unjustified and arbitrary rise of health premiums by insurers, the insurance regulator IRDAI , on Tuesday, has revamped the existing regulations and has asked insurers to file its compliance reports to their boards...

SBI, ICICI, HDFC, Axis Bank, PNB and the Indian IT department targeted in phishing scam

by AIP Online Bureau | Mar 16, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: Cybercriminals are trying to lure Indian users into revealing important personal information with a new report on Monday warning that suspicious messages asking users to submit an application for the disbursement of income tax refund have been doing...

Automating day-to-day transaction processing among priorities for finance leaders: Survey

by AIP Online Bureau | Mar 16, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Day-to-day transaction processing, monthly management reporting and financial statement closing process are among the priorities for finance leaders in terms of automation and optimisation, according to a survey. Leading consultancy EY India's...
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