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CCI approves deal for selling majority stakes in Magma General Insurance Company

by AIP Online Bureau | May 19, 2022 | Indian News, Non-Life, Regulation

CCI has approved “acquisition of 55.39 per cent of the total equity share capital of Magma HDI General Insurance Company Limited by Sanoti Properties LLP,” according to a tweet on Wednesday New Delhi: Fair trade regulator CCI has cleared the proposed...

Govt to press ahead with strict cybersecurity rules despite industry concerns

by AIP Online Bureau | May 19, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

New Delhi has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to investigate them was not always readily available from the service providers NEW DELHI: India will not change upcoming cybersecurity...

U.S. agency opens probe into fatal Tesla vehicle crash that killed three

by AIP Online Bureau | May 19, 2022 | International News, Non-Life, Risk Management, Technology

A total of 14 crash deaths have been reported in those Tesla investigations, including the three recent fatalities Tesla says on its website that Autopilot provides drivers assistance by enabling vehicles to steer, accelerate and brake automatically but “require...

UN marks first ever international day spotlighting women working in the maritime industry

by AIP Online Bureau | May 19, 2022 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“Women account for just 20 per cent of the workforce in the maritime authorities of Member States and 29 percent…across subsectors in the maritime industry,” International Maritime Organization (IMO) chief Kitack Lim told By raising the profile of women in maritime,...
Flood condition worsens in Assam, landlsides in Arunachal

Flood condition worsens in Assam, landlsides in Arunachal

by AIP Online Bureau | May 19, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Assam State Disaster Management Authority said that at present 1413 villages are under water and Nagaon is the worst hit district where 2.88 lakh people are reeling under the calamity. In Cachar nearly 1.2 lakh people ands in Hojai more than 1.07 lakh people were...
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