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China’s Bottled Water King Dethrones Mukesh Ambani As Asia’s Richest Person

by AIP Online Bureau | Dec 31, 2020 | Eco/Invest/Demography, Facts, Health

Dec 31: Zhong Shanshan is a private billionaire who's rarely quoted in the press. Now, after an improbable career spanning journalism, mushroom farming and health care, he's become Asia's richest person, eclipsing India's Mukesh Ambani and a group of...

Chinese regulators reviewing Ant Group’s equity investments: Report

by AIP Online Bureau | Dec 31, 2020 | Eco/Invest/Demography, International News, Technology

  HONG KONG, Dec 31: Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma's financial technology empire. Regulators...

Brexit ends Britons’ right to live and work in EU

by AIP Online Bureau | Dec 31, 2020 | Eco/Invest/Demography, International News, Policy, Regulation

  LONDON: So far, the large majority of British and EU citizens have not felt the realities of Brexit. Though the U.K. left the European Union on Jan. 31, it follows the bloc’s rules until the end of this year as part of a transition period to the new...

IDBI Federal Life Insurance rebranded as Ageas Federal Life Insurance after IDBI sells its 27 % stake in the life insurance JV for Rs 510 cr

by AIP Online Bureau | Dec 31, 2020 | Indian News, Life

  Mumbai, December 31:  IDBI Bank has completed execution of an agreement to sell up to 27 per cent  stake in its life insurance arm, IDBI Federal Life Insurance Company (IFLI), to the other JV partners Ageas. . Following this transaction,the...

US court shuts down fraud scheme targeting elderly Americans via India-based call centers

by AIP Online Bureau | Dec 31, 2020 | Eco/Invest/Demography, International News, Risk Management, Technology

  New York, Dec 30: (PTI) A US court has ordered the permanent shut down of a technical-support fraud scheme, masterminded by an American citizen and operated through call centres in India, that allegedly defrauded hundreds of elderly and vulnerable...
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