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Federal judge in Texas strikes down Affordable Care Act

by AIP Online Bureau | Dec 21, 2018 | Health, International News

  Texas: A federal judge in Texas said on last Friday that the Affordable Care Act's individual coverage mandate is unconstitutional and that the rest of the law therefore cannot stand.   Legal experts say the ruling won't immediately affect...

Facebook users need Rs 70,000 to deactivate account for one year

by AIP Online Bureau | Dec 20, 2018 | International News, Risk Management, Technology

Boston:  Facebook users would require an average of more than $1,000 (Rs 70,000) to deactivate their account for one year, according to a study. The study, published in the journal PLOS ONE, assessed Facebook’s value to its users, in contrast to its market...

Gujarat best state in providing strong ecosystem for startups: DIPP ranking

by AIP Online Bureau | Dec 20, 2018 | Data, Eco/Invest/Demography

  Gujarat has emerged as the best performer in developing startup ecosystem for budding entrepreneurs, according to the ranking of states done by the department of industrial policy and promotion (DIPP).   Other top performers that followed the western state...

BoI eyes Rs 1200-cr from exiting life insurance arm Star Union

by AIP Online Bureau | Dec 20, 2018 | Banking & Bancassurance, Indian News, Life

  Mumbai: State-run Bank of India is looking to raise Rs 1,000-1,200 crore by selling its entire 28.96 percent stake in life insurance joint venture, Star Union Dai-Ichi Life Insurance, a source has said.   The bank will soon float a request for proposal for...

Govt to infuse Rs 830 bn in PSU banks, yet to decide on recapitalisation of 3 PSU general insurers

by AIP Online Bureau | Dec 20, 2018 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Finance Minister Arun Jaitley Thursday said the government will infuse Rs 83,000 crore in public sector banks in the next few months of the current fiscal.   Earlier in the day, the government sought Parliament's approval for infusion of an...
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