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Fiat Chrysler to pay $700M to U.S., States, car owners over diesel emissions claims

by AIP Online Bureau | Jan 13, 2019 | International News, Non-Life, Risk Management

Fiat Chrysler Automobiles NV will pay more than $700 million to resolve lawsuits from the U.S. Justice Department and diesel owners over claims it used illegal software to allow 104,000 diesel vehicles to emit excess emissions, three people briefed on the matter said...

Colorado Man Sentenced to 76 yrs of prison for $16mn securities fraud over Insurance Marketing Organisations

by AIP Online Bureau | Jan 13, 2019 | International News, Risk Management

  A Colorado man has been sentenced to 76 years in prison for securities fraud over soliciting investments for insurance marketing organizations.   The Denver Post reported 59-year-old Kelly James Schnorenberg was sentenced last month after a Douglas County...

169 complaints of sexual harassment at workplace in private industries: WCD Ministry

by AIP Online Bureau | Jan 13, 2019 | Indian News, Risk Management

  New Delhi: A total of 169 complaints of sexual harassment at workplace have been received in private industries since 2017, the Women and Child Development Ministry has said. The complaints were received through 'SHe-box', an online system for filing...

FPIs turn net sellers in January; withdraw Rs 3,600 cr in just 9 sessions

by AIP Online Bureau | Jan 13, 2019 | Data, Eco/Invest/Demography

  Mumbai: Foreign investors have pulled out more than Rs 3,600 crore from the Indian equity markets in the last nine trading sessions, adopting a cautious stance towards the country.   This comes following a cumulative net inflow of Rs 8,584 crore in the...

IMD working to give forecast on thunderstorms 6-12 hours in advance

by AIP Online Bureau | Jan 13, 2019 | Disaster & Management, Indian News, Technology

  New Delhi:  Scientists at the India Meteorological Department and other agencies are working to create models to forecast occurrence of thunderstorms six to 12 hours in advance, learning lessons from last year's deadly storms in pre-monsoon season that...
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