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Here is a masonry blog layout with no sidebarIndian Pharma majors rush to buy covers for developing Covid-19 solutions
The policy provides cover for legal liability arising out of lack of care or negligence resulting in injury or death of the subject participating in the trial,
’Raheja QBE General insurance, has issued 119 `Clinical Trial Liability Insurance’, policies including 53 covers exclusively for developing Covid 19 remedies from April till November 2020.
“Clinical trial premium is more expensive than other liability products. We have taken reinsurance support for this policy;; said Atul Sahay, CMD, New India Assurance..
, ICICI Lombard General Insurance is now getting ready to provide transit cover for transporting Covid -19 vaccine in India, said Sanjay Datta, Chief – Underwriting, Claims, Reinsurance and Actuarial.
BioNTech confident COVID-19 vaccine effective against new UK mutation
Microsoft, Google, Cisco, Dell join legal battle against hacking company NSO
The brief, filed before the U.S. Court of Appeals for the Ninth Circuit, opens up a new front in Facebook’s lawsuit against NSO, which it filed last year after it was revealed that the cyber surveillance firm had exploited a bug in Facebook-owned instant messaging program WhatsApp to help surveil more than 1,400 people worldwide.
Oxford/AstraZeneca vaccine set to get clearance by year-end: Report
In India, the vaccine is being produced as part of a tie-up with the Serum Institute of India.Health officials in the UK hope that the authorisation of the Oxford jab will prove a game-changer, allowing vaccines to be transported and administered far more easily compared to the Pfizer/BioNTech vaccine which must be stored at very cold temperatures.
Global cos, govt agencies among 200 victims of suspected Russian hacking
Recorded Future Inc., a cybersecurity firm based in Massachusetts, has identified 198 victims that were hacked using the SolarWinds backdoor, said threat analyst Allan Liska. Three other people said the inquiry so far has determined that the hackers further compromised at least 200 victims, moving within the computer networks or attempting to gain user credentials — what cybersecurity experts call “hands on keyboard” activity. The final number could rise from there.
Global Covid-19 cases surpass 76 mn, death toll up by 1.68 mn: Johns Hopkins
The US is the worst-hit country with the world’s highest number of cases and deaths at 17,631,293 and 316,006, respectively, according to the CSSE.
India comes in second place in terms of cases at 10,004,599, while the country’s death toll soared to 145,136.
The other countries with more than a million confirmed cases are Brazil (7,213,155), Russia (2,792,615), France (2,516,957), the UK (2,010,077), Turkey (2,004,285), Italy (1,938,083 ), Spain (1,797,236), Argentina (1,537,169), Colombia (1,496,062), Germany (1,494,063), Mexico (1,301,546), Poland (1,194,110) and Iran (1,152,072), the CSSE figures showed.
Defence tech service provider firm’s data hacked, company claims Rs 50-cr loss
COVID-19: India reports 26,624 new cases with 341 fatalities
The number of people who have recuperated from the disease surged to 95,80,402 pushing the national recovery rate to 95.51 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The COVID-19 active caseload remained below 4 lakh for the 14th consecutive day.
There are 3,05,344 active coronavirus infections in the country which comprises 3.04 per cent of the total caseload, the data stated.
Data sciences, tech need to be given due importance in every industry: Ritesh Agarwal
Similarly, in almost every other ecosystem, one would see this change that would come very quickly, and “my hope is that as young people consider looking at their skill sets and as educational institutions look at re-evaluating the programmes, data sciences and engineering will be given due importance,” Agarwal said.
Infosys to prefer flexible ‘hybrid’ work model for employees in view of pandemic
Parekh said that going forward the company will focus on putting in place a hybrid work model as it will depend on how the situation evolves. “However, the flexibility will remain critical,” he said.
There will be flexibility in the models that will allow employee work from different locations at different times, he added.
Public sector banks to raise Rs 25,000 crore in three months: DFS Secretary
Pandemic exposes vulnerability of Italy’s ‘new poor’
FPIs invest Rs 54,980 cr in Indian equities in Dec so far
Going forward, on the domestic front, the focus of FPIs would continue to be on the active COVID-19 case count coming further down and the economic getting back on growth trajectory, Himanshu Srivastava, associate director – manager research, Morningstar India said. There has been improvement in the macro-economic environment which has so far ensured that FPI flows remain intact.
COVID-19-battered auto sector drives into 2021 with cautious optimism
”The biggest challenge is to sustain business operations and ensuring financial health of the organisation. Performance of the automotive industry is linked to each stakeholder in the value chain starting from vendors to our dealerships,” Kim said. Honda Cars India Senior Vice President and Director Marketing & Sales Rajesh Goel said with the health crisis expected to continue for some time, rise in personal mobility is likely to help the auto industry sustain sales momentum in the coming months.
Bharti AXA General Insurance records a net profit of Rs 95 cr in H1 FY 2020-21
“As the headwinds followed the COVID-19 pandemic, subsequent lockdowns and restrictions, we shifted our focus towards ensuring that customers’ plight is better managed in these trying times. The judicious investment made formerly in tech solutions across all touch-points reaped immense benefits in this period and helped us respond with the required agility. Further, efforts were made towards ramping up adoption of self-service options, building pro-active connect with customers especially in cases adjudication of claims remotely and reimbursement claims. The quick adaptation to the new normal, driven by digital realities and changed customer needs helped build a better customer connect and strong performance during this period. With the economic and business activities picking up post-lockdown,”he said.
Home loan ticket size up to over Rs 26 lakh in 2020 on incentives, non-metro demand growth: Report
In credit card segment, non-metros remained ahead of metros with their contribution growing by over 20 per cent. There was 115 per cent rise in applications for premium credit cards and 240 per cent jump in applications by females in non-metros, showed the study. ”Habits once formed during the pandemic are likely to last. Credit card users have gotten used to accelerated rewards and cashback through online shopping. This will likely continue,” the report said.
“People are now more inclined to immunity-boosting products”
”Ayurveda-based preventive healthcare and hygiene — both personal and household — are gaining prominence in the consumer mind space. People are now more inclined to prophylactic health remedies, especially immunity-boosting products. This trend would sustain, going forward,” Dabur India CEO Mohit Malhotra said.
Echoing similar sentiments, Patanjali Ayurved MD Acharya Balkrishna said, ”this pandemic has helped to create faith in Ayurveda and Yoga among the section which does not believe in it. This is an opportunity for us as people are now having faith in Ayurveda and traditional system.” One of the biggest outcomes of the COVID-19 pandemic is the acceleration in the adoption of digital medium by FMCG companies, not just for distribution but also for marketing and advertising, Mayank Shah said.
Integrating ESG aspects in financial sector to benefit all stakeholders:E&Y report
Chaitanya Kalia, Partner and National Leader of Climate Change and Sustainability Services (CCaSS) at EY India, said the COVID-19 pandemic has ascertained the importance of ESG in businesses to manage risks, improve returns and build resilience for a crisis-resilient long-term value creation. ”As we look at the financial sector from the ESG lens, investors need to evaluate environmental and social issues that have a profound and direct role in the economic revival,” Kalia added.