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Air traffic growth hits 5-yr low in FY19 at 11.6%; cargo at 6%

by AIP Online Bureau | May 2, 2019 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: The pace of growth in air traffic hit a five-year low at 11.6 percent in fiscal 2019, pulled down by low growth of 3.9 percent in the March quarter as against a healthy 14.9 percent in the first three quarters.   Cargo traffic growth also moderated in...

Standard Life off-load 1.78% stake in HDFC Life for Rs 1,404 crore

by AIP Online Bureau | May 2, 2019 | Indian News, Life

  Mumbai: Standard Life (Mauritius Holdings) will off-load 1.78 percent stake in HDFC Life Insurance Co for Rs 1,404 crore beginning on May 3.   The sale will be undertaken in two slots — non-retail investors on May 3 and for retail investors next...

11 sr PSU general insurers promoted as GMs in 2019-20

by AIP Online Bureau | May 2, 2019 | Indian News, Non-Life

  New Delhi: Eleven senior officials  of five state owned general insurance companies, GIC Re, New India Assurance(NIA), United India Insurance(UII), National Insurance Company(NIC) and  Oriental Insurance Company(OIC) , on Thursday, have been promoted...

Boeing’s legal woes over crashes mount with negligence suits by families

by AIP Online Bureau | May 2, 2019 | International News, Non-Life, Reinsurance

  The series of complaints, filed in a federal court in Chicago, allege that Boeing was negligent in its design and certification of the 737 Max, including a system on the jet that automatically pushes the aircraft’s nose down when sensor data indicate the...

To grow up healthy, children need to sit less and play more

by AIP Online Bureau | May 2, 2019 | Facts, Health

   Children under five must spend less time sitting watching screens, or restrained in prams and seats, get better quality sleep and have more time for active play if they are to grow up healthy, according to new guidelines issued by the World Health...
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