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Here is a masonry blog layout with no sidebarIDBI Bank to exit insurance JV by selling entire stake to Ageas for Rs 580 rore
With the stake buyout from IDBI Bank, AFLI will become the first company in the life insurance sector where the foreign partner will raise its stake to the maximum permissible limit of 74 per cent Mumbai: IDBI Bank on Friday said it has entered into a pact with Ageas...
Nine charred to death as fire breaks out after tanker-truck collision in Chandrapur
"A tanker loaded with diesel collided with a truck transporting logs of wood close to Ajaypur near Chandrapur city. After the accident, a fire broke out in which nine persons were charred to death on the spot," Chandrapur's Sub Divisional Police Officer, Sudhir...
Air India flight’s engine shuts down mid-air, makes emergency landing at Mumbai airport
The pilots of the A320neo plane received a warning about high exhaust gas temperatures on one of the engines just minutes after the aircraft's departure from the Chhatrapati Shivaji International Airport at 9.43 AM Air India flight's engine shuts down mid-air, makes...
PWC partners with due diligence tech startup Neotas to combat financial crime
The Neotas platform will enable PwC’s integrity due diligence “RADAR” service offering to scale, to address new risk domains including ESG, financial solvency, social media and more from a single centralised platform Global professional services giant PwC will combat...
‘We are going to die’: Sri Lanka warns of food shortages
"I sincerely urge everyone to accept the gravity of the … situation." Sri Lanka is facing a dire shortage of foreign exchange, fuel, and medicines, and economic activity has slowed to a crawl,''said Prime Minister Ranil Wickremesinghe Sri Lanka's prime minister has...
Indian, Chinese companies take lead in use of artificial intelligence: IBM
''Chinese and Indian companies are leading the way, with nearly 60 per cent of IT professionals in those countries saying their organisations already actively use AI, compared with lagging markets like South Korea (22 per cent), Australia (24 per cent) the US (25 per...
SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report
Elon Musk,CEO & Founder, SpaceX The attendant alleged that Billionaire Elon Musk exposed himself and propositioned her during a flight in a private room on the plane, according to the friend, the report said. Musk offered to buy the attendant a horse in exchange...
Part of under-construction tunnel in J-K collapses; 3 rescued, 10 trapped
Several machines and trucks have been damaged in the incident. "Around 10.15 pm on Thursday, the audit tunnel of T3 on the highway near Khooni Nallah in Ramban collapsed, trapping 11-12 labourers of Sarla Company working there," a senior official told PTI....
Covid linked with risk of developing Parkinson’s disease, finds US Study
SARS-CoV-2, the virus responsible for the Covid-19 pandemic, could increase the risk of brain degeneration as seen in Parkinson's disease, finds a study conducted on mice. The new research, published in the journal Movement Disorders, finds that the novel Coronavirus...
Covid linked with risk of developing Parkinson’s disease, finds US Study
"Parkinson's is a rare disease that affects 2 per cent of the population above 55 years, so the increase in risk is not necessarily a cause for panic," said Richard Smeyne, Director from the Thomas Jefferson University, US SARS-CoV-2, the virus responsible for the...
IRDAI asks motor insurers to stop ads displaying services
According to the IRDAI, though, general insurers enter into service agreements with motor workshops/garages for the purpose of providing motor insurance claim services for repair of accident vehicles,it is noticed that the service agreements in addition to claim...
SCOR to stop covering new oil field production projects from 2023
To double the coverage for low carbon energies by 2025 SCOR has a longstanding commitment to fighting climate change, undertaking numerous actions to help reduce greenhouse gas emissions and facilitate the just transition to a low carbon economy Paris: During the...
Tesla bets it can bring down insurance costs, make driving safer
The insurance offering — a passion project for CFO Zachary Kirkhorn — is currently available in just eight states, including California, Illinois and Texas. During the last earnings call, Kirkhorn said Tesla had become the second-largest insurer of its cars in the...
“Singh Vs Government of India” case adjourned to May 26, Govt firms up BBB’s alternative for PSU insurers
The outcome of the `Singh Vs Government of India case may impact the appointments of many existing CMDs of PSU general insurers, chairman and also managing directors of LIC, who were all selected by the BBB over the last four years `The alternative framework to BBB...
Munich Re offers new validation service for trustworthy AI
“The digitalisation megatrend is also transforming the risk landscape. Novel risks – be they in the area of cyber, data analytics, quantum computing or artificial intelligence – call for innovative solutions. CertAI will enable us to take the next step forward and...
Climate change made extreme heatwaves in India 100 times more likely: Study
"With temperatures exceeding 50 degrees Celsius in recent days, it is clear the current heat wave is an extreme weather event affecting communities and livelihoods," Professor Peter Stott, Met Office Science Fellow in Climate Attribution, said in a statement Climate...
Monkeypox infection: first 2022 US case identified in Massachusetts
If you get infected with monkeypox, it usually takes between five to 21 days for the first symptoms to appear. These include a fever, a headache, muscle aches, backache, swollen glands, shivering and exhaustion A case of the rare and potentially dangerous monkeypox...
India Inc improving ESG disclosures gradually: Crisil
Assessment of 586 cos shows 14 in ‘leadership’ category, 73 ‘below average’ and ‘weak’ Said Amish Mehta, Managing Director and CEO, CRISIL, “ The uptake of sustainability in decision making is very piecemeal in India Inc because of a lack of stewardship, and fiduciary...