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Need to arrest prolific sale of counterfeit products on e-commerce platforms: Delhi HC

by AIP Online Bureau | May 4, 2022 | Eco/Invest/Demography, Indian News

New Delhi: The Delhi High Court has expressed its concern over the “prolific” sale of counterfeit and knockoff products on e-commerce platforms and said the practice has to be arrested to protect trademark owners as well as the customers. The observation was made by...
Fed hikes rates half point, biggest rise in 22 yrs to curb US inflation

Fed hikes rates half point, biggest rise in 22 yrs to curb US inflation

by AIP Online Bureau | May 4, 2022 | Eco/Invest/Demography, International News

Fed Chair Jerome Powell “The committee is highly attentive to inflation risks,” the Fed said in the statement, adding a reference to Covid-related lockdowns in China that “are likely to exacerbate supply chain disruptions.” That comes on top of Russia’s invasion of...

Jenny Lim appointed as CEO, Howden Singapore

by AIP Online Bureau | May 4, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Singapore/ London: Howden, the international insurance broker, today announces that it has promoted Jenny Lim to the role of CEO, Howden Insurance Brokers (S.) Pte. Ltd. effective 1 May. Singapore is an important market for Howden and it is Howden’s largest retail...
LIC IPO: Policyholders’ portion oversubscribed; overall subscription at 67 pc on day 1

LIC IPO: Policyholders’ portion oversubscribed; overall subscription at 67 pc on day 1

by AIP Online Bureau | May 4, 2022 | Indian News, Life, Wealth Management/ Philanthropy

Retail Individual Investor category picked up nearly 60 per cent of the 6.9 crore shares set aside for this segment However, demand from qualified institutional buyers (QIBs) and non-institutional investors was muted. The non-institutional investors’ portion was...
Allianz and Sanlam to merge their African business to form the largest pan-African insurer

Allianz and Sanlam to merge their African business to form the largest pan-African insurer

by AIP Online Bureau | May 4, 2022 | International News, Life, Non-Life

Combining Sanlam’s expertise in Africa with Allianz’s global capabilities and insurance solutions, particularly for multinational businesses, the partnership aims to increase life and general insurance penetration, accelerate product innovation and drive financial...
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