Srinivas Injeti Srinivas Injeti, former secretary of ministry of...
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Prasun Sikdar set to become the first CEO of Bima Sugam
Prasun Sikdar,MD & CEO designate, Bima Sugam India Federation...
Gen insurers sue govt for being ordered to fund treatment of accident victims of uninsured vehicles
To the consternation of the general insurers, who do motor...
Edelweiss General Insurance eyes 80-85 pc of business from health, motor segments: CEO
”Our focus areas remain motor and health and we believe that there are so many ways that we can simplify customers’ experiences and journeys. So our focus will remain motor and health, with 80-85 per cent of the business to come from these two segments,” Shanai Ghosh, Executive Director and CEO, Edelweiss General Insurance, explained.
Amazon launches IP Accelerator programme in India to help businesses secure trademark
Our Intellectual Property Accelerator Program enables businesses to protect their intellectual property, which in turn helps to ensure an authentic shopping experience for everyone,” said Mary Beth Westmoreland, vice-president, technology, brand protection at Amazon,.
To date, six IP law firms – Hasan and Singh, Lexorbis, Sujata Chaudhri IP Attorneys, Amitabha Sen & co, Remfry & Sagar, and H K Acharya & Company – have signed up to be service providers as part of the IP Accelerator programme to support sellers on Amazon.in.
IP Accelerator was launched in the US in 2019, and has since then expanded to Europe, Japan, Canada, Mexico, and now India.
Cadila Healthcare arm recalls 21,240 bottles of diabetes drug in US
The voluntary ongoing nationwide recall in the US is a class-II recall, it added.
As per USFDA, a class-II recall is initiated in a situation in which use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote.
Corporate payment delay trend stabilized, but risks and uncertainty remain:Coface Asia Corporate Payment Survey 2021
On economic improvement in 2021,Australian firms were the most optimistic, with 80% of respondents anticipating higher growth, followed by India (76%), China (73%), Malaysia (73%) and Taiwan (71%). In contrast, Japan was the only country where less than two-thirds of respondents (61%) expect an improvement in economic growth during 2021.
By sectors, automotive is the most confident regarding year-ahead sales, with 66% of respondents expecting an improvement. This was followed by energy (64%), metals (64%), paper (63%) and pharmaceutical (61%). The highest proportion of companies anticipating an improvement in cash flows over the next 12 months were found in automotive, agri-food, and pharmaceutical at 55% each, followed by metals (53%), paper (52%), and chemicals (51%).
New Saudi airline plan takes aim at Emirates, Qatar Airways
Crown Prince Mohammed bin Salman, who is pushing economic diversification to wean Saudi Arabia off oil revenues and create jobs, announced a transportation and logistics drive on Tuesday aimed at making the kingdom the fifth-biggest air transit hub.
Govt readies amendments to GIBNA for insurance PSU privatisation
The NITI Aayog was entrusted with the task of recommending a suitable candidate for privatisation of two public sector banks and one general insurance company. The government think-tank is believed to have suggested the name of United India Insurance to the Core Group of Secretaries on Disinvestment headed by the Cabinet Secretary.
Govt may issue guidelines for ‘flex-fuel’ vehicles by October
The government is also working on an incentive scheme to promote manufacture and use of flex engines in vehicles. The details would be specified when policy in this regard is unveiled.
The use of flexible fuel vehicles (FFVs) is being actively looked at by the government to ensure increased use of bio-fuels for running vehicles, Petroleum Secretary Tarun Kapoor had told IANS earlier.
Vaccinated & Covid-recovered tests positive for Delta+
Delta plus variant has also been traced in Maharashtra, Madhya Pradesh, Punjab, Jammu and Kashmir, Karnataka, Tamil Nadu and Kerala. The highest number of patients have been reported in Maharashtra with 21 cases.
Delta variant of Covid creates emerging market gap as outperformers hit
“Achievements in terms of vaccination will increasingly be a differentiation factor among emerging markets in the second half,” said Sebastien Barbe, head of emerging-market strategy at Credit Agricole. “The impact of the further spread of the virus variants will vary significantly depending on vaccination rates,” as well as economic and political factors, he added.
Heatwave claims over 17,000 lives in 50 years in India: Study
Heatwave is one of the extreme weather events (EWE). In 50 years (1971-2019) EWE killed 1,41,308 people. Of this, 17,362 people were killed due to heatwave — a little over 12 percent of the total deaths recorded, the study said.
The maximum heatwave deaths were in Andhra Pradesh, Telangana and Odisha, it added.
The research paper was authored by M Rajeevan, Secretary of Ministry of Earth Science, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri, earlier this year. Kamaljit Ray is the lead author of the paper.