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Presence of women directors in active companies grew three-fold in last 10 years, says FM Sitharaman
Women are also rising on the corporate ladder and in the startup...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional...
`Insurer can’t invest more than 10% of their outstanding debt in a single InvIT/REITs issue’
-The cumulative Investments in Units and Debt Instruments of InvITs and REITs shall not exceed 3% of total fund size of the Insurer at any point of time.
– No investment can be made in Debt instruments of an InvIT/REIT where the sponsor is under the promoter group of the insurer.
Investment in Debt Instruments of InvIT will form part “Infrastructure Investments”.
Over 21k tested positive for COVID after taking first dose of either Covishield or Covaxin: Gov
Of Covishield, 11.6 crore doses have been given. Ten crore received the first dose and 17,145 i.e. 2 per 10,000 people contracted the infection. About 1,57,32,754 individuals took the second dose of covishield and of that 5,014 (0.03 per cent) got infected. Two to four per 10,000 breakthrough infections have occurred, a very small number. This was mainly healthcare workers prone to more occupational hazards, he said
SC wants “national plan” on Covid-19 situation, including on oxygen supply; Del HC says “country being run by God”
While the top court ‘suo motu’ (on its own) took note of the “grim” situation in the country and the havoc caused due to shortage of oxygen cylinders in hospitals, the Delhi High Court observed, “We all know that this country is being run by God,” a day after it came down heavily on the Centre over the Covid-19 management.
Over 3.14 lakh new COVID-19 cases in India, highest-ever recorded in any country
A total of 3,14,835 fresh infections were registered in a span of 24 hours, while the death toll increased to 1,84,657 with a record 2,104 new fatalities, the data updated at 8 am showed.
India reports highest single-day spike with 3,32,730 new COVID-19 cases
The country has recorded 2,263 new deaths due to COVID-19 in the last 24 hours. As many as 1,86,920 people have succumbed to the viral infection in India so far. There are 24,28,616 active COVID-19 cases in the country now
Maharashtra: Real coronavirus horror may unfold in next 10 days
While Pune currently has an ‘active case’ load of 117,251, Mumbai follows next with 82,671 ‘active cases’.
These figures are likely to shoot up drastically – 185,162 in Pune and 146,065 in Mumbai ‘active cases’, respectively – by May 2, as per a projection made by the State Public Health Department.
Britain’s driverless car ambitions hit speed bump with insurers
Insurers are key players in the shift to automated driving, with some investing in a technology they believe will slash accidents and deaths, and save them billions in payouts.
But they are worried drivers might equate today’s lower levels of automation with fully self-driving vehicles, potentially causing more accidents in the short term and permanently damaging public confidence in the technology.
Bank of England sees potential risks from cloud data providers
Regulators globally have been tightening scrutiny of outsourced functions as they worry that core services financial firms provide to customers are vulnerable to outages at third parties.
Britain’s government is keen to promote fintech as an area of growth and hopes that nimbler regulation will enable it to steal a march over the European Union, where British financial firms now have reduced access due to Brexit.
On Monday, finance minister Rishi Sunak asked the BoE to work with the finance ministry on whether the central bank should set up a digital version of sterling to compete with cryptocurrencies, which he dubbed ‘Britcoin’.
Chinese military seen behind Japan Cyber-attacks, NHK Says
The cyber-security firm FireEye Inc., which characterizes Tick as a suspected Chinese espionage group with attacks dating to at least 2009, has seen it target hundreds of Japanese organizations. These include research institutions and government agencies, said John Hultquist, vice president of intelligence analysis at the firm.
Covid-19 resurgence threatens vigorous global economic growth momentum
Emerging and developing economies accounted for two thirds of global growth before the pandemic and around 86% of the world’s population. The World Bank told them just this week that they must prepare for the possibility of their recoveries losing steam.
A nascent economic revival in India — the world’s sixth largest economy — is being threatened by renewed movement curbs across provinces to stem a new wave of infections that have topped 200,000 daily for the last week.