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Companies failing to comply with Aadhaar Act may be liable for up to Rs 1-crore fine

by AIP Online Bureau | Jan 2, 2019 | Eco/Invest/Demography, Indian News, Risk Management

New Delhi: The government has proposed a penalty of up to Rs 1 crore on entities that violate the provisions of the Aadhaar Act, with an additional fine of up to Rs 10 lakh per day in case of continuous non-compliance, sources said. Amid privacy concerns over Aadhaar,...

Generali hikes stake in Indian insurance JV to 49% from 25.5%

by AIP Online Bureau | Jan 1, 2019 | Indian News, Non-Life

  Mumbai: Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent.   Through this transaction, Generali has committed up to approximately €120 million...

Underestimating Climate Change Risks could hit iInvestors: Opinion

by AIP Online Bureau | Jan 1, 2019 | Climate, Environment, Renewable Energy, Facts

​​​​ As the effects of climate change unfold, its impact on business will grow more severe: altered rain patterns will affect agriculture, floods will disrupt supply lines, heat waves will prevent employees from working. If markets are to work well, investors need to...

Uber pledges to fight UK Court decision that drivers should be treated as workers

by AIP Online Bureau | Jan 1, 2019 | Eco/Invest/Demography, International News, Workplace/Employee Benefits

   London: Uber pledged [on Dec. 19] to challenge a U.K. Court of Appeal decision that drivers should be classed as workers rather than self-employed employees, a verdict that has potentially wide-ranging implications for the rapidly growing gig economy and...

India remains fastest growing economy ahead of China despite up/downs

by AIP Online Bureau | Jan 1, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI: India remained ahead of China to retain the tag world's fastest growing large economy withstanding several ups and downs, spike in oil prices and global trade war like situation during 2018. Indian economy's roller-coaster ride during the...
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