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Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi
Financial Services Secretary Vivek Joshi said that the Assets Under...
Star Health Insurance sets up operations in GIFT City
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Global Covid-19 cases surpass 76 mn, death toll up by 1.68 mn: Johns Hopkins
The US is the worst-hit country with the world’s highest number of cases and deaths at 17,631,293 and 316,006, respectively, according to the CSSE.
India comes in second place in terms of cases at 10,004,599, while the country’s death toll soared to 145,136.
The other countries with more than a million confirmed cases are Brazil (7,213,155), Russia (2,792,615), France (2,516,957), the UK (2,010,077), Turkey (2,004,285), Italy (1,938,083 ), Spain (1,797,236), Argentina (1,537,169), Colombia (1,496,062), Germany (1,494,063), Mexico (1,301,546), Poland (1,194,110) and Iran (1,152,072), the CSSE figures showed.
Defence tech service provider firm’s data hacked, company claims Rs 50-cr loss
“It is, hereby, informed that on account of the hacking of my emails along with the emails of other members of my department, the company has incurred heavy financial losses and irreparable damage to its reputation,” a senior executive of the firm alleged in the FIR lodged. .
COVID-19: India reports 26,624 new cases with 341 fatalities
The number of people who have recuperated from the disease surged to 95,80,402 pushing the national recovery rate to 95.51 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The COVID-19 active caseload remained below 4 lakh for the 14th consecutive day.
There are 3,05,344 active coronavirus infections in the country which comprises 3.04 per cent of the total caseload, the data stated.
COVID-19-battered auto sector drives into 2021 with cautious optimism
”The biggest challenge is to sustain business operations and ensuring financial health of the organisation. Performance of the automotive industry is linked to each stakeholder in the value chain starting from vendors to our dealerships,” Kim said. Honda Cars India Senior Vice President and Director Marketing & Sales Rajesh Goel said with the health crisis expected to continue for some time, rise in personal mobility is likely to help the auto industry sustain sales momentum in the coming months.
Bharti AXA General Insurance records a net profit of Rs 95 cr in H1 FY 2020-21
“As the headwinds followed the COVID-19 pandemic, subsequent lockdowns and restrictions, we shifted our focus towards ensuring that customers’ plight is better managed in these trying times. The judicious investment made formerly in tech solutions across all touch-points reaped immense benefits in this period and helped us respond with the required agility. Further, efforts were made towards ramping up adoption of self-service options, building pro-active connect with customers especially in cases adjudication of claims remotely and reimbursement claims. The quick adaptation to the new normal, driven by digital realities and changed customer needs helped build a better customer connect and strong performance during this period. With the economic and business activities picking up post-lockdown,”he said.
European neighbours shut doors to Britain as new coronavirus strain spreads
“The United Kingdom has issued an alert concerning a new strain of Covid-19,” Di Maio wrote on his Facebook account. “As the government, our duty is to protect Italians and for this reason… we will sign, with the health minister, a decree suspending flights to and from Britain,” he said, without specifying when the measure would come into effect.
Ombudsman directs Bajaj General Insurance to pay full hospitalisation expenses for Covid treatment
After scrutinizing the documents produced on record coupled with the depositions of both the parties, Miland Kharat, Ombudsman, Mumbai & Goa observed that the policyholder has taken treatment in the insurer’s network hospital. However, it appeared that the hospital has not adhered to Preferred Provider Networ (PPN) rates and has overcharged the patient in violation of their agreement with the Bajaj Allianz General Insurance .
“Nevertheless, it would not be fair to penalise the policyholder for the same as he has genuinely incurred the expenses and has paid the charges as billed by the hospital. The policyholder is entitled to be reimbursed the entire hospitalization expenses barring non-medical items and the Bajaj Allianz General insurance may seek refund of the amount billed in excess of agreed rates directly from the hospital.” he directed.
Maharashtra cities under night curfew from Tue,Quarantine For Europe, Middle East Arrivals
The coronavirus situation in the state is under control, through not completely, said Maharashtra Chief Minister Uddhav Thackeray
Oxford/AstraZeneca vaccine set to get clearance by year-end: Report
In India, the vaccine is being produced as part of a tie-up with the Serum Institute of India.Health officials in the UK hope that the authorisation of the Oxford jab will prove a game-changer, allowing vaccines to be transported and administered far more easily compared to the Pfizer/BioNTech vaccine which must be stored at very cold temperatures.
Going forward health would be Govt’s top priority :Sitharaman
Government would look to provide not just buildings for hospitals but the technology and infrastructure apart from improving the availability of doctors and nurses to service the industry.
“Health and investment in health is going to be absolutely critical, not just to keep our lives safer but also to make health and health-related expenditures more predictable, for people not to do it out of pocket,” Sitharaman said.in a virtual address to a Confederation of Indian Industry conference, on Friday