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India ‘challenging place’ to do business, must ease hurdles: US State Dept

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Policy, Risk Management

  Washington: India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a...

Policybazzar to float Rs 6,500 crore IPO soon

by AIP Online Bureau | Jul 22, 2021 | Indian News, Intermediaries, Technology

  New Delhi: The Softbank-backed Insurance aggregator turned broker Policybazzar is planning to raise Rs 6,500 crore via an initial public offering (IPO), . PB Fintech, the parent company of Policybazaar in a regulatory filing approved a resolution to raise...

Work from home future fades in Asia as companies seek more office space

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Workplace/Employee Benefits

  As the pandemic rages in Asia, offices are making a comeback. More companies based in the region expect they will need to increase office space in the near future, according to a survey conducted by CBRE Group Inc. The study found that 66 per cent of Asia-based...

Saudi Aramco facing USD 50M cyber extortion over leaked data

by AIP Online Bureau | Jul 22, 2021 | International News, Non-Life, Technology

  Dubai: Saudi Arabia's state oil giant acknowledged Wednesday that leaked data from the company – files now apparently being used in a cyber-extortion attempt involving a USD 50 million ransom demand – likely came from one of its contractors. The...

Health drives non-life insurers back to black in Q1, premia growth up 13.8 pc: Report

by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life, Reinsurance

Mumbai: A 31 per cent growth in the health segment, driven by the pandemic, has boosted the gross premium collection for the non-life insurance industry by 13.8 per cent to Rs 44,436 crore over in the June quarter over the same period last year, a report said on...
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