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SpiceJet aircraft hits lightning pole at Delhi airport; DGCA begins probe
None of the passengers were injured and the Directorate General of Civil Aviation (DGCA) has begun an investigation into the matter, they said The Boeing 737-800 aircraft of SpiceJet was being pushed back Monday morning when its right wing hit the lightning pole in...
HDFC ERGO launches VAULT, a digitally-enabled rewards program
Taking advantage Regulatory Sandbox by IRDAI, HDFC ERGO general insurance has launched VAULT, that will incentivize its Optima Restore health insurance customers by way of reward points for performing certain activities like staying insured under the policy for more...
Bajaj Allianz Life launches guaranteed income product
Bajaj Allianz Life recently launched their value-packed product – Assured Wealth Goal – specifically designed to offer guaranteed income to help secure one’s long term life goals, such as building a house, going abroad for a vacation, paying for a child’s higher...
84 pc of Indian Firms Plan ASEAN HQ in Singapore: SC Survey
As of 2020, more than 8,000 Indian companies were registered in the country The top three identified risks are the COVID-19 pandemic or other health crises (85 per cent), the slow revival of the economy and drop in consumer spending (73 per cent), as well as...
Tata AIA Life expects total premium income to cross Rs 14,000 cr in FY22: CEO
''People forget about masks and social distancing, among others. They also forget about life insurance, which is why my point is that Covid is only a short term awareness builder. For the long term, we have to do our work ourselves,'' Naveen Tahilyani, MD & CEO,...
Nuclear fears in US amid Russia-Ukraine war: AP-NORC poll
Close to half of Americans say they are very concerned that Russia would directly target the U.S. with nuclear weapons, and an additional 3 in 10 are somewhat concerned about that, according to the new poll from The Associated Press-NORC Center for Public Affairs...
China mounting cyber-attacks to fulfill its political objectives, says think tank
Crowd strike, which provides cyber security for half the world's 20 biggest multinationals revealed that China is motivated primarily by a desire for commercial secrets and pursuit of its political objectives. Analysis of thousands of cyberattacks indicates that more...
Zurich Insurance removes Z symbol after letter used to show support for Ukraine war
"We are temporarily removing the use of the letter 'Z' from social channels where it appears in isolation and could be misinterpreted," the company told Reuters in a statement ZURICH: Zurich Insurance has removed its Z logo from social media after the letter became a...
Goldman Sachs pushes directors for more climate data
Since 2020 Goldman has engaged with 271 companies making insufficient emissions disclosures, Winner said. Less than 100 of them have made no improvement, making directors vulnerable A U.S. Securities and Exchange Commission rule unveiled Monday calls for more...
Tesla to halt Shanghai factory production amid COVID curbs, Bloomberg News reports
Tesla's production in the plant will be halted on Monday, the report said, citing people familiar with the matter, adding that the electric car maker hasn't yet informed workers if it would extend the suspension beyond Monday Tesla Inc is planning to suspend...
Regular international flights resume in India after two years
The government has revised the COVID-19 guidelines for international flight operations, including the removal of the requirement to keep three seats vacant on overseas flights for medical emergencies. Besides, the requirement for the crew for having a complete PPE kit...
China delays retirement of employees as population ages, exchequer runs dry
"The delayed retirement policy reflects that social welfare expenditures related to retirement and old age have become a heavy burden on the central government's financial expenditure, so it delays retirement to minimize this, its pay pressure," said Wu Jialong, a...
Adani, Tata AIG, ICICI Lombard among 54 prominent bidders for Reliance Capital
Anil Ambani According to the sources, a majority of the bidders, who have submitted EOIs, have bid for the entire company, while the others have bid for one or more subsidiaries of RCL Reliance Capital's subsidiaries include Reliance General Insurance, Reliance Nippon...
Govt mulls dropping pre-call announcements on phones after 2 yrs of Covid
Official sources said the Department of Telecommunications (DoT) has written to the Union Health Ministry requesting it to drop these pre-call announcements and caller tunes New Delhi; The COVID-19 awareness pre-call audio announcements set by telecom operators at the...
Shanghai to lock down in two stages for testing as COVID cases spike
The city houses factories belonging to the likes of Tesla , Volkswagen and the country's largest chipmaker SMIC, as well as the mainland China headquarters of many international companies China reported a total of 4,448 new asymptomatic infections on March 26, up from...
Banking services to be hit partially over 2-day nation-wide strike on Monday, Tuesday
A number of public sector banks, including country's largest lender SBI, have said that their services may get impacted to a limited extent due to the strike New Delhi: Banking services may be hit partially on Monday and Tuesday as a section of bank employees' unions...
Lamborghini sees ‘huge’ opportunity in India with rising number of HNIs
``What we can see in the Indian market is that we have more and more ultra high net-worth individuals entering the market… We already have the second generation of ultra high net-worth individuals, and their average age is younger than other countries,'' Winkelmann...
IMF prescribes tax raise, social safety measures to Sri Lanka for financial stability
Saying that the country was hit hard by the COVID-19 pandemic, the report highlighted that the country was highly vulnerable to external shocks owing to inadequate foreign currency reserves and high risks to public debt sustainability, exacerbated by the 'Easter...