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89 killed as storm, rain batter UP
Chief Minister Yogi Adityanath took cognisance of the loss of lives...
Willis launches integrated risk and insurance solution for carbon capture
Charlotte Watts, Head of Energy and Mining in Asia, added, “Carbon...
Uday Kotak appointed chairman of GIFT City
Uday Kotak,chairman, Gujarat International Finance Tec-City Company GIFT City in Gujarat is India's first operational smart city and hosts India's first and only International Financial Services Centre (IFSC).It's a hub for financial and IT companies from around the...
Spain’s Map Re receives approval for its branch office in India’s GIFT City
“The authorization to operate in India means we’ll be even closer to our clients and that we’ll also be able to leverage our technical knowledge and underwriting capacity in a market with high development potential,” stated Miguel Rosa, CEO of Mapfre Re Mumbai/GIFT...
InsuranceDekho weighs an IPO for raising as much as $250 million
The IPO is likely to include a mix of new share issuance and secondary sales by existing investors, and could take place later this year, they said. Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public...
China charges former AstraZeneca regional head with “unlawful collection of personal information and medical insurance fraud”
a former executive vice president and a former senior employee of AstraZeneca charged with “unlawful collection of personal information, illegal trade and medical insurance fraud,” the company said on Tuesday. China has officially charged AstraZeneca’s former regional...
BMW recalls hundreds of thousands of cars due to a potential fire hazard
BMW said that product inspections and customer complaints revealed that the starter motor in the identified vehicles could be defective, with an increase in wear and tear in the magnetic switch after a high number of starts, making it potentially harder or impossible...
Environmental Concerns:SC refuses to pass any order related to Adani group’s proposed thermal power plant in UP
CJI Kant said the difficulty is that sometimes concerns are raised for power plants, sometimes for forests and sometimes for rivers, but developmental projects cannot be stalled like this. The bench emphasised the need for robust enforcement machinery and scientific...
Competition Commission slaps Rs 27 cr fine on Intel Corp for unfair biz practices
The penalty has been imposed on the company for abusing its dominant position in the market for Boxed Micro Processors (BMPs) for desktops in India. New Delhi: Competition Commission has imposed a fine of Rs 27.38 crore on Intel Corp for indulging in anti-competitive...
India:Rich citizens live in cities with poor conditions
Last week’s budget made a song and dance about various new grants supposedly targeting smaller towns. But the reality is that vital lines of urban finance have been cut. Funding for affordable housing shrank by 6 per cent, for urban rejuvenation by 20 per cent, and...
SC refuses to entertain Jairam Ramesh’s plea on retrospective environmental clearances
The Environment Impact Assessment (EIA) rules 2006 make it mandatory for projects to get environmental clearances before commencement of the groundwork.Twice, in 2017 and 2021, the government had allowed some projects to seek clearances after the groundwork had...
No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including Odisha, Kerala, Tamil Nadu, Goa, Jharkhand, Chhattisgarh, Madhya Pradesh and Punjab.Public transport, markets, educational institutions, and business establishments were affected as major roads,...