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Tata AIA ties up with Federal bank, ICICI Lombard with Capital Small Finance Bank
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Insurance for safeguarding employee value:Lloyd’s report
COVID-19 has exacerbated many of the risks involving human capital value. With the pandemic impacting the entire workforce globally, and many organisations still operating under a remote working model, the value of employees in achieving productivity is vital for business continuity. It is becoming increasingly apparent that talent attraction and retention, and employee wellbeing are not just intrinsically linked, they also have a direct impact on business performance.
Truckers demand relief measures as losses mount to Rs 42,000 cr due to lockdowns
He said that the per day industry’s losses have gone up to Rs 1,600 crore in May from Rs 400 crore in the beginning of April as more states announced lockdown and lockdown-like restriction in the subsequent period amid the massive spike in Covid-19 infection cases in the country. ”In the first 15 days of April, the industry was facing Rs 400 crore per day, which rose to Rs 800 crore per day by April 30.
They have now doubled to Rs 1,600 crore per day till May 15. So, as of May 15, the industry’s cumulative losses were a whopping Rs 42,000 crore,” said Singh. He said that the rising diesel prices, besides the impact of the lockdown was adding to the woes of the industry.
Lufthansa to operate flights between India and Germany via Bahrain instead of Dubai
The German airline said in a statement, ”This change was made due to new UAE regulations that restrict flights between India and Dubai for passengers who were transiting there up to now for operational reason.” From May 16, all 10 weekly flights between Frankfurt in Germany and Delhi, Mumbai and Bangalore in India will transit in Bahrain, it said.
Indian hotel industry takes over Rs 1.30 lakh cr revenue hit in FY21, seeks govt support: FHRAI
”The Indian hotel industry’s total revenue in FY2019-20 stood at Rs 1.82 lakh crore. As per our estimates, in FY2020-21, approximately 75 per cent of the industry’s revenues got wiped off. That is more than Rs 1.30 lakh crore revenue hit,” the FHRAI said in a statement.
COVID-19 kills many young children in Brazil, baffling Doctors
But experts say the variant appears to be leading to higher death rates among pregnant women. Some women with COVID are giving birth to stillborn or premature babies already infected with the virus, said Dr. André Ricardo Ribas Freitas, an epidemiologist at São Leopoldo Mandic College in Campinas, who led a recent study on the impact of the variant.
No denial of vaccine, essential services for lack of Aadhaar, says UIDAI
In a statement, the UIDAI said there is a well-established exception handling mechanism (EHM) for Aadhaar, and that it should be followed to ensure delivery of benefits and services in the absence of the 12-digit biometric ID.
Appeals court upholds $25M award in Monsanto cancer case
The jurors found that Edwin Hardeman proved Roundup’s design was defective, it lacked sufficient cancer warnings and its manufacturer was negligent. They initially awarded Hardeman more than $80 million in damages but a judge later reduced the punitive portion of the award, bringing the total to around $25 million.
India records 3.11 lakh fresh COVID-19 cases in single day
A total of 3,11,170 new cases were reported in a day, while the death toll climbed to 2,70,284 with 4,077 daily fatalities, the data updated at 8 am showed.
The active cases have reduced to 36,18,458 comprising 14.66 per cent of the total infections, while the national COVID-19 recovery rate has improved to 84.25 per cent, the data updated at 8 am showed.
M&M announces Rs 1-lakh health insurance for new tractor customers
M&M President (Farm Equipment Sector) Hemant Sikka said the new ‘M–Protect Covid Plan’ is a new initiative targeted at farmers,” as we stand by them to drive positive change even in these tough times”.
When “self-lockdown” helps tribals of Idukki to beat COVID-19 Idukki
Edamalakkudy, the first tribal panchayat of the state located about 30 kms away from the tourist town Munnar here, is the only panchayat in the southern state now where there is zero positive case, thanks to the self isolation.