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SBI Life Q4 net profit nearly flat at Rs 532 cr

by AIP Online Bureau | May 3, 2021 | Indian News, Life

  Mumbai: The life insurer had posted a net profit of Rs 531 crore in the corresponding quarter of the previous financial year 2019-20. Total income in January-March 2021 jumped multi-fold to Rs 20,897 crore, compared with Rs 5,675 crore in the year-ago period,...

75 lakh people lose jobs in April as lockdowns sprout; unemployment at a 4-month high: CMIE chief

by AIP Online Bureau | May 3, 2021 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

Mumbai: The second wave of COVID-19 and the resultant localised lockdowns have impacted over 75 lakh jobs, taking the unemployment rate to a four-month high of 8 per cent, the Centre for Monitoring Indian Economy (CMIE) said on Monday. The situation on the employment...

Aaditya Thackeray suggests creating paediatric Covid care ward anticipating next wave

by AIP Online Bureau | May 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai: Maharashtra tourism and environment minister Aaditya Thackeray on Monday chaired a meeting with the Additional Municipal Commissioner (MCGM) Mumbai Sanjeev Jaiswal and suggested creating a paediatric covid care ward anticipating the next wave of the...

Bajaj Allianz General net soars 33.2% to Rs 1,330 cr in FY21

by AIP Online Bureau | May 3, 2021 | Indian News, Non-Life

Pune: Bajaj Allianz General Insurance, which has has emerged as the fifth largest general insurance company in 20 years of its operations, has reported a massive 33.2 per cent growth in net profit at Rs 1,330 crore for the year to March 2021 compared to that of Rs 999...

China directs 33 apps to stop collecting users’ data

by AIP Online Bureau | May 3, 2021 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Beijing: China has listed 33 apps, including from tech giants like Baidu and Tencent, that reportedly collected users data. The listed apps have been directed to plug the loopholes in less than 15 days. Citing complaints from users, the Cyberspace Administration of...
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