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Bima Manthan: Panda to address 2-day summit of industry CEOs on Thursday in Hyderabad
Debasish Panda, chairman, IRDAI Narendra Modi led NDA government...
World’s workers increasingly at risk as climate changes, ILO says
Workers, especially the world’s poorest, are more vulnerable than...
IRDA issues alerts on fraud company selling insurance policies “Digital National Motor Insurance”
The IRDAI has cautioned the public not to make any transaction related to insurance business with M/s DIGITAL NATIONAL MOTOR INSURANCE.
Poonawalla Group takes over Magma Fincorp in Rs 3,456 cr deal
Mumbai based Magma Fincorp began operations nearly three decades ago as a non-deposit taking NBFC offering a bouquet of products including commercial finance, agri finance, SME finance, mortgage finance and general insurance apart form affordable housing.
ICICI Lombard launches “Corporate India Risk Index”
Bhargav Dasgupta, MD & CEO, ICICI Lombard said “Effective risk management starts with having quantifiable risk measurement tools. As we embrace risk mitigation practices, we must have these basic building blocks in place.This initiative will empower India Inc. to gauge risks better, understand their level of preparedness and accordingly adopt effective risk management practices.”
Fines, jail term for breach of UK’s new Covid-19 travel rules
In a statement to the House of Commons, Health Secretary Matt Hancock unveiled the new rules to come into force from next Monday, which also include two additional compulsory PCR tests on arrival during a 10-day hotel quarantine as part of a 1,750 pounds pre-booked package covering accommodation, transport and testing.
“From Monday, all international arrivals will be required by law to take further PCR tests on day two and day eight of that quarantine,” said Hancock.
India achieves 60 lakh Covid-19 vaccinations in 24 days, fastest in world: Health ministry
Twenty-three deaths have been recorded till date which comprise 0.0004 per cent of the total vaccinations, the ministry said. Of these, nine people died in hospital while 14 deaths were recorded outside the hospital.
In 24 hours, a 29-year-old woman, a resident of Srikakulam in Andhra Pradesh, has died.
“None of these deaths have been causally linked with Covid-19 vaccination. No case of serious/severe AEFI/Death is attributable to vaccination, till date,” the ministry stated.
China, India, Indonesia, Malaysia among leaders in global logistics ranking
Asia Pacific experienced great turmoil in the beginning of 2020 due to the COVID-19 crisis, but it has rebounded strongly, led by the powerful performance of China and Vietnam. The region is on track for a full recovery this year,” says Andy Vargoczky, SVP of Sales & Marketing Asia-Pacific, Agility GIL.
“India, Indonesia, Malaysia, Thailand and Vietnam continue to improve their supply chain infrastructure and capabilities, showing why they are leaders in domestic and international logistics,” he said.
420 e-Hospitals established under Digital India initiative: Ravi Shankar Prasad
“e-Hospital is an initiative of #DigitalIndia that has made it easy for the citizens to take appointments in major hospitals. Now there is no need to stand in long queues to take appointments, when you can get it online,” the Minister said.
AXA XL appoints new global chief underwriting officer for Cyber
New Delhi: AXA XL announced that Michael Colao has joined as Global Chief Underwriting Officer, Cyber, reporting to the recently promoted Global Chief Underwriting Officer for Financial Lines, Libby Benet. Commenting on the development,Benet said: “Michael...
Intl passenger traffic fell by 90.56 pc in March-Dec 2020: Govt
”Revenues of major Indian scheduled carriers fell from Rs. 46,711 crore during April-September 2019 to about Rs. 11,810 crore during April-September 2020. Their full time and contractual employment which was 74,887 as on 31 March 2020 fell to 67,906 as on 30 September 2020,” Puri told Rajya Sabha in a written reply to a question.
UK company directors face personal liability for financial statements
Directors would have to vouch for the accuracy of financial statements in a version of the Sarbanes-Oxley regime introduced in the United States to crack down on accounting fraud after energy company Enron collapsed, the sources said.