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UK-India investment treaty lets companies sue government

by AIP Online Bureau | May 3, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
Employee doesn’t have right to promotion but consideration if not disqualified: SC

Employee doesn’t have right to promotion but consideration if not disqualified: SC

by AIP Online Bureau | May 2, 2025 | Indian News, Policy, Workplace/Employee Benefits

“It is trite that the employee has no right to be promoted but has a right to be considered, when selections for promotions are carried out, unless disqualified; which right has been impinged, unjustly, in the above case,” it said New Delhi: The Supreme...

Harrods is latest British retailer to be hit by cyber attack

by AIP Online Bureau | May 2, 2025 | Workplace/Employee Benefits

British companies, public bodies and institutions have been hit by a wave of cyber attacks in recent years, costing them tens of millions of pounds and often months of disruption London: London department store Harrods said on Thursday hackers had attempted to break...

Denmark plans $1 billion war insurance for its merchant fleet

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Berkshire outguns market as Buffett reaches 60 years in charge

Berkshire outguns market as Buffett reaches 60 years in charge

by AIP Online Bureau | May 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Warren Buffet, chairman, Berkshire Hathaway Buffett took over Berkshire in a fit of anger in 1965, when management of the then-flailing textile company shortchanged him when he offered to sell back his shares. He later called Berkshire “the dumbest stock I ever...
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