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Ritesh Kumar moves to ERGO as dy COO, Anuj Tyagi will be new MD& CEO of HDFC Ergo from July 1
Anuj Tyagi, MD &CEO designate, HDFC ERGO General insurance...
Citrix hit by DDoS cyberattack, says working on a fix
According to ZDNet, victims of these Citrix-based DDoS attacks have mostly included online gaming services, such as Steam and Xbox.
India to bank on innovative ways to garner Rs 1.75 lakh crore investment in 2021 for renewable energy sector
“There is a fund requirement of Rs 1.75 lakh crore to achieve the balance capacity of 35 GW (under bidding/ to be bid out/ auctioned) to achieve an overall target of 175 GW,” Director General of Solar Power Developers Association Shekhar Dutt told PTI.
According to him, India needs to design innovative tenders with the inclusion of wind, solar and energy storage to ensure that renewable can replace fossil fuels to a great extent.This year has been challenging for the renewable energy sector but the industry has been able to withstand the crisis caused by the pandemic with support of the government.
COVID-19 had massive impact on Indian aviation sector in 2020
To survive the pandemic-induced crisis, all airlines took cost cutting measures like firings or pay cuts in 2020
Pandemic plus social exclusion equals slide into poverty for millions in informal sector
While the virus affected all classes, the economic fallout of the COVID-19 pandemic was particularly devastating for those in the informal sector who found themselves on the streets, without their livelihoods and sometimes without their homes too.
SpiceJet signs MoU with GHAC for Covid-19 vaccine delivery from Hyderabad
“SpiceJet on its part will keep a dedicated fleet of freighters, including wide-body aircraft, at the Hyderabad airport to handle all domestic and international consignments,” the release added.
As part of this MoU, SpiceXpress – the cargo arm of SpiceJet – envisions to provide efficient, speedy and reliable solutions for vaccine delivery, while also creating a sustainable cold chain network, according to the release.
Govt plans dry run for Covid vaccine administration in 4 states next week
India has eight Covid-19 vaccine candidates, including three indigenous vaccines, under different stages of clinical trials which could be ready for authorization in near future.
It includes AstraZeneca and Oxford university developed and Serum Institute of India manufactured Covishield, Covaxin by Bharat Biotech Limited, ZyCoV-D by Zydus Cadila and Russian vaccine candidate Sputnik-V.
First time since April, Mumbai’s Dharavi reports no new COVID-19 case
So far, 3,464 people have recovered in Dharavi, where 6.5 lakh people are crammed into shanty colonies spread over 2.5 square kilometers.
After RBI rap, fintech grouping comes out with code of conduct for industry
The RBI circular cited reports that spoke about excessive rates of interest and additional hidden charges demanded from borrowers, adoption of “unacceptable and high-handed recovery methods” and also misuse of agreements to access data on the mobile phones of the borrowers.
In a statement, FACE, which is formed by EarlySalary, KreditBee, Kissht, CashE, and LoanTap, said maintaining an ethical code of conduct with “larger accountability and transparency is essential for enabling robust financial inclusion in India”.
The code speaks on transparency, disclosure of all costs to customers, pricing and cost of credit, fair treatment, collection, fair treatment, data privacy and resolution of grievances.
Aurobindo Pharma to make COVAXX’s potential COVID-19 vaccine for India, UNICEF
COVAXX, a unit of privately-owned United Biomedical Inc, plans to pursue mid- and late-stage trials for the vaccine candidate from early 2021 in Asia, Latin America and the United States.
COVID-19: India records 24,712 new cases
The number of people who have recuperated from the disease surged to 96,93,173 pushing the national recovery rate to 95.75 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The COVID-19 active caseload remained below 3 lakh for the third consecutive day.
There are 2,83,849 active coronavirus infections in the country which comprises 2.80 per cent of the total caseload, the data stated.