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Airlines face headache over ‘use-by’ date on some jet parts as pandemic grounds fleets

by AIP Online Bureau | Mar 17, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Airlines with planes idled by the pandemic are cutting costs by delaying some maintenance tasks like changing life vests, testing oxygen bottles and checking emergency exits under COVID-19 waivers from airplane manufacturers and regulators. The move allows...

Subscribers under NPS, APY schemes rise 22 pc to 4.15 crore at Feb-end

by AIP Online Bureau | Mar 17, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: The subscribers under the flagship NPS and APY pension schemes grew by nearly 22 per cent to 4.15 crore at February-end 2021, government data showed on Wednesday. ''The number of subscribers in various schemes rose to 414.70 lakh by...

Buffett’s Berkshire opposes shareholders’ climate change, diversity proposals

by AIP Online Bureau | Mar 17, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Reinsurance

Warren Buffett’s Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion.The proposals were disclosed in Berkshire’s...

With 28,903 new cases, India records highest daily spike this year

by AIP Online Bureau | Mar 17, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: India recorded its highest daily tally of coronavirus cases this year with 28,903 new infections, taking the total COVID-19 tally to 1,14,38,734, according to the Union Health Ministry data on Wednesday. The death toll increased to 1,59,044 with 188...

Magma Fincorp to sell stake in insurance venture Magma HDI in Rs 525-cr deal

by AIP Online Bureau | Mar 17, 2021 | Indian News, Non-Life

Mumbai: Magma Fincorp will pare its shareholding in insurance venture Magma HDI by selling stake to ICICI Venture, Morgan Stanley PE, a Poonawalla Group firm and other entities in a Rs 525 crore-deal. Magma HDI is a joint venture between Magma Fincorp and...
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