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AirAsia to sell 32.67% of stake in its Indian operations to Tata Sons

by AIP Online Bureau | Dec 29, 2020 | Eco/Invest/Demography, Indian News

  KUALA LUMPUR,Dec 29:  Malaysian budget airline AirAsia Group Bhd said on Tuesday it plans to sell 32.67% of its stake in its Indian operations to majority shareholder Tata Sons for $37.7 million. The airline, which until now owned 49% of AirAsia India as...

Govt proposes to make airbags mandatory for cars

by AIP Online Bureau | Dec 29, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

New Delhi: India on Tuesday sought public comment on a proposal to make airbags mandatory for the front passenger in all cars from next year, in a move that could raise costs for automakers slowly seeing a revival in demand. Carmakers are required to provide an airbag...

More COVID-19 vaccines in pipeline as US ramps up effort

by AIP Online Bureau | Dec 29, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Washington, Dec 29: A huge US study of another COVID-19 vaccine candidate got underway as states continue to roll out scarce supplies of the first shots to a nation anxiously awaiting relief from the catastrophic outbreak. Public health experts say more options...

2021 will witness lot of regulatory efforts channelled towards virtual assets: SBI official

by AIP Online Bureau | Dec 29, 2020 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

  New Delhi, Dec 29:  The use of crowdfunding websites create additional risk and the year 2021 will see a lot of regulatory effort channelled towards virtual assets, a senior SBI official said on Monday. Addressing a virtual 'AML/CFT Conference...

Coronavirus brought tourism to its knees in 2020

by AIP Online Bureau | Dec 29, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi, Dec 29: The year 2020 exposed the vulnerability of our cultural heritage which is dependent on tourism for its survival and forced the government to look at alternatives to keep not just the sites and monuments alive, but also to position India as...
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