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Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive
AGI wrote to its clients late last week to advise that its...
Automakers clock robust SUV sales in India in March amid resilient economy
Among the top performers, Maruti Suzuki, Mahindra & Mahindra,...
Govt to unveil revamping strategies for 4 PSU general insurers on Aug 27, allows each company to decide its own salary structures in next wage revision
CMDs and general managers of GIPSA member companies in the presence of Saurabh Mishra, joint secretary, DFS, will meet the union officials of the industry in Faridabad on 27th August to discuss the revamping plans of the companies on the basis of the diagnosis of...
Jury asks Ford Motor to pay $1.7 billion over an accident killing a Georgia couple
In Georgia, 75% of proceeds from punitive damage verdicts go to the state. The rest is split between the plaintiffs and the lawyers. Ford Motor Co. was told by a jury to pay more than $1.7 billion over a 2014 rollover accident that killed a Georgia couple, a lawyer...
Japan’s Hino Motors confirms a widespread data falsification scandal, suspends shipments of small trucks
Truck and bus maker Hino’s President Satoshi Ogiso told a news conference that during a transport ministry investigation additional misconduct regarding emissions was found that affects more than 76,000 vehicles Japan’s Hino Motors will suspend shipments of small...
Japanese chemical tanker ship crashes into a cargo ship off the coast of southwestern Japan
No one was injured among the six Japanese crew members aboard the tanker Ryoshinmaru and 14 Chinese crew members aboard the Belize-registered cargo ship Xin Hai 99 A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the coast...
Centre signs headquarters agreement with Coalition for Disaster Resilient Infrastructure
P K Mishra, Principal Secretary, Prime Minister's Office PK Mishra, Principal Secretary, Prime Minister's Office, and CDRI Governing Council Co-chair said, "It is a landmark moment for CDRI, to be recognized as an independent international organization, with a Charter...
IRDAI forms Mamta Suri panel on implementation of Ind AS/ IFRS in insurance sector
Among other things, the panel will recommend steps as may be taken towards effective implementation of Ind AS/IFRS along with phase-wise timelines, recommendations on key interpretations (best practices) while implementing, Ind AS/IFRSc,recommendation on proforma...
Safety, performance top concerns for electric scooter buyers: Survey
Consumers of various brands of these vehicles have reported fire incidents, which many of the manufacturers have attributed to the battery, LocalCircles said. Safety and performance of electric scooters remain top concerns for customers amid a spate of fire incidents...
Floods, landslides kill dozens as monsoon rains lash northern, eastern India
Heavy showers followed by landslides and flooding in the Himalayan state of Himachal Pradesh over the past three days killed at least 36 people, a state government official told Reuters. In the neighbouring mountainous state of Uttarakhand, an official government...
WTW appoints Sean Deehan as Leader of Hong Kong and Macau
Sean Deehan,Leader,Hong Kong and Macau, WTW Clare Muhiudeen, Head of Asia, WTW, said: “Hong Kong remains a major international financial centre in Asia, a gateway to and from Mainland China and a key market in our Greater Bay Area growth plans HONG KONG: WTW today...
Road transport and highways sector has maximum number of delayed projects: Govt report
The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing Rs 150 crore and above based on the information provided on the Online Computerised Monitoring System (OCMS) by the project implementing...