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Volkswagen gets relief as SC stays Rs 500-cr penalty imposed by NGT

by AIP Online Bureau | May 6, 2019 | Climate, Environment, Renewable Energy, Indian News, Risk Management

  New Delhi: Volkswagen gets relief as SC stays Rs 500-cr penalty imposed by NGT   The Supreme Court Monday said no coercive action will be taken against German auto major Volkswagen against whom the National Green Tribunal has imposed a fine of Rs 500 crore...

Forgers are forcing $9-trillion global trade financing into digital age

by AIP Online Bureau | May 6, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

The $9 trillion business of financing global trade needs to go digital, according to southeast Asia’s second-biggest lender.   Forgers have become so adept at faking documents used by banks that going paperless has become a necessity for the industry, said...

Boeing did not disclose 737 MAX alert issue for more than a year, says FAA

by AIP Online Bureau | May 6, 2019 | International News, Risk Management

  Chicago | Washington:  Boeing Co did not tell US regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s, but insisted on Sunday the...

41 feared dead after Russian passenger plane crash-lands in Moscow: Report

by AIP Online Bureau | May 5, 2019 | International News, Non-Life

Moscow: Forty-one people including at least two children are believed to have died when a Russian passenger plane made an emergency landing and was engulfed in flames at Moscow's busiest airport Sunday, investigators said.   Dramatic footage shared on social...

Income tax e-filers drop by 6.6 lakh in FY19

by AIP Online Bureau | May 5, 2019 | Eco/Invest/Demography, Indian News

Mumbai: In a first in the recent history of tax filings, income tax e-filings in FY2019 have dropped by more than 6.6 lakh, a trend that analysts said was surprising as tax base was expected to increase post demonetisation.   According to statistics put out on...
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