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Amazon duped millions of consumers into enrolling in Prime, US FTC says
The consumer protection agency filed a lawsuit claiming that Amazon’s website manipulates users into enrolling in Prime, where subscribers pay $139 a year for privileges like speedy free delivery, video streaming and access to 100 million songs. The cancellation...
InLife Health Care partners with Munich Re HealthTech
With SMAART, IHC executives will be able to have detailed information about key performance indicators of the business, including loss ratio, ultimate loss ratio, burning costs, incurred claims and ultimate claims Athens: Munich Re HealthTech S.A. today announced that...
India climbs eight places to 127 in global gender index, says WEF report
''While there have been encouraging signs of recovery to pre-pandemic levels, women continue to bear the brunt of the current cost of living crisis and labour market disruptions,'' said WEF Managing Director Saadia Zahidi In India, while there has been uptick in...
Aon, Lloyd’s and VIG in pact to commit to Ukraine insurance
The commitment follows an announcement earlier in the day by British Prime Minister Rishi Sunak on a new framework for war risk insurance FRANKFURT: Aon PLC, Lloyd’s and Vienna Insurance Group will join forces to provide coverage for Ukraine to support its...
Indian government likely to offer assured pensions to its employees
Government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. The...
Ghosn to fight ‘to the end’ as sues Nissan in Lebanon
Carlos Ghosn,Former Nissan chairman Carlos Ghosn, once a titan of the global car industry, was arrested in Japan in late 2018 and charged with financial misconduct. He denied the charge and said his detention was part of a plot by Nissan executives to block a merger...
US Slips in supply-chain ranks after child-labor violations
The downgrade follows months of revelations first reported by the New York Times that companies have been employing children as young as 12 to work in dangerous conditions The composition of supply chains is set to play an increasingly important role for businesses...
TATA AIA announces its highest ever Bonus of INR 1,183 crores for policyholders
Tata AIA Life Insurance (Tata AIA) has declared a bonus of Rs 1,183 crore for 7,49,229 eligible participating(Par) policyholders for the FY2022-23. The company has been paying bonuses to its eligible policyholders over the years, and the FY23 bonus was 37 per cent...
Analysis- Record plane orders raise the stakes in India’s aviation boom
With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel, and new jets will help them grab a bigger share of international traffic The number of domestic...
Flood situation worsens in Assam, over 34,000 hit
At present, 523 villages are under water and 5,842.78 hectare of crop area has been damaged across Assam, ASDMA said Guwahati: The flood condition in Assam deteriorated marginally on Tuesday, with nearly 34,000 people reeling under the impact of the deluge across nine...
Exercise may cause strokes in persons who have blocked arteries: Study
Researchers from the Indian Institute of Technology Kharagpur found that an elevated heart rate can induce a stroke in patients with highly blocked carotid arteries Contrastingly, for healthy patients and those with only slightly blocked arteries, exercise is...
FSSAI warns HP nutraceutical firms; launches drive to curb menace of spurious products
The National Human Rights Commission (NHRC) has taken cognisance of reports claiming that an industrial area in Himachal Pradesh has become a hub for producing spurious vitamins, syrups, and drugs in the name of food supplements, and sent notices to the Health...
Climate-attributed U.S. Hurricane losses to increase by at aeast 10% over 20 yrs under selected scenarios: Aon
Aon plc has revealed how its academic collaborations are progressing climate science, enhancing catastrophe model development and helping organizations to fulfill Environmental, Social and Governance (ESG) mandates The 14 global academic collaborations are bringing...
Digital crop survey in 19 UP districts
The development comes less than a month after the Centre signed an agreement with six states, including Uttar Pradesh, Assam, Madhya Pradesh, Odisha and Rajasthan, to begin the digital crop survey Additional Chief Secretary (agriculture) Devesh Chaturvedi said that...
Reliance most valuable Indian company in Hurun 500 list
According to the list, Reliance Industries Limited is the most valuable company with a value of Rs 1,725,058 crore, up 3.6 per cent. TCS, HDFC Bank, Infosys, ICICI Bank, and Bharti Airtel, HDFC, ITC, Adani Total Gas, and Adani Enterprises followed Reliance Industries...