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Here is a masonry blog layout with no sidebarPandemic-hit 2021 sees top cos’ valuation rise 68 pc
From a sectoral perspective, financial services leads with 77 names in the list, followed by healthcare at 64 Mumbai Top Indian companies by valuation saw their networth rise by 68 per cent this year despite the pandemic, which has otherwise had a disastrous impact on...
Equity MF inflows surge to 4-month high in Nov on strong SIP book
Overall, the mutual fund industry registered net inflows of Rs 46,165 crore in November as compared to Rs 38,275 crore in October. The inflow pushed the assets under management (AUM) of the industry to an all-time high of Rs 38.45 lakh crore at November-end, from Rs...
Covid-19 disrupted critical mental health services in 93% countries
Worldwide, more than 13 per cent of adolescents aged 10 to 19 are affected by deteriorating mental health. UNICEF reported that by October 2020, critical mental health services in 93 per cent of countries were disrupted or halted due to coronavirus spread....
WHO panel outlines recommendations for Covid-19 booster shots
The World Health Organization's (WHO) vaccine advisory panel recommends that people who are immunocompromised or received an inactivated vaccine should receive a booster dose of a COVID-19 shot, it said on Thursday. Many countries have been rolling out booster shots,...
Kotak General Insurance partners Vasai Vikas Sahakari Bank to offer insurance solutions
Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) and Vasai Vikas Sahakari Bank Ltd. (Scheduled Bank) today announced a strategic alliance to provide the bank’s customers access to a range of insurance solutions. Under this agreement, Vasai...
ICICI Lombard-MedPay Connected Care Network for cashless OPD service
ICICI Lombard policyholders can now avail cashless OPD solutions at their neighborhood clinic, pharmacy or diagnostic centre through MedPay’s Connected Care Network (Medpay CCN).Additionally, through this partnership, stand-alone pharmacies will also be a part of the...
Paytm Payments Bank receives Scheduled Bank status from RBI
Paytm Payments Bank Limited today announced that it has been included in the Second Schedule to the Reserve Bank of India Act, 1934. Being a Scheduled Payments Bank, Paytm Payments Bank can now explore new business opportunities. The bank can participate in government...
AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry
Motor insurance, which accounted for 63% of non-life direct premiums in 2019, decreased significantly to 54% as of September 2021. With the combined impact of the economic fallout from the COVID-19 pandemic during the first half of 2020, and the implementation of the...
AM Best Maintains Stable Outlook on Global Reinsurance Industry
“Unfavorable loss cost trends and high catastrophe activity continue to dampen returns on capital, which should keep the industry focused on the need to push for more rate increases,” said Greg Dickerson, associate director AM Best has maintained its market segment...
Federal Bank and Star Health Insurance tie up for bancassurance
Federal Bank has joined hands with India’s first standalone health insurance Company, Star Health and Allied Insurance Co Ltd as a corporate agent to provide a wide range of innovative health insurance products for the Bank’s 8.90 million customers spread over 1,291...
Over 93% of villages in country have mobile broadband coverage: Chauhan
"As per data provided by TSPs (telecom service providers) and field units of Department of Telecommunications as on December 2020, it is estimated that out of 5,97,618 inhabited census villages (as per Census 2011) in the country, a total number of 5,58,537 villages...
New Zealand plans lifetime ban on cigarette sales to stamp out smoking
That would make New Zealand's retail tobacco industry one of the most restricted in the world, just behind Bhutan where cigarette sales are banned outright. New Zealand's neighbour Australia was the first country in the world to mandate plain packaging of cigarettes...
Few Europeans want a return to 9-5 at office after pandemic, survey shows
"We are likely to see tech stepping in to monitor our mental health and happiness as much as our physical health, with smart devices becoming our wellbeing assistants," said Meik Wiking, chief executive of Denmark's Happiness Research Institute, which is collaborating...
India to provide technical support on disaster resilience of infrastructure systems to 58 Small Island Developing States: Govt
Jitendra Singh,union minister of state (Independent Charge) Science & Technology India, UK, Australia, Fiji, Jamaica and Mauritius jointly launched an initiative, Infrastructure for Resilient Island States (IRIS) to provide technical support on disaster resilience...
PM-Ayushman Bharat Health Infrastructure Mission launched to fill gaps in healthcare system Govt
With the objective of delivering comprehensive primary health care closer to the homes of people, 1.5 lakh health and wellness centres (HWCs) are being set up. More than 80,143 HWCs are functional as on November 21, she stated New Delhi: The government launched the...
Can’t let children with rare diseases die no explanation by Centre for not utilising fund HC
The court was hearing a batch of petitions on behalf of children suffering from rare diseases, including Duchenne Muscular Dystrophy (DMD) and Mucopolysaccharidosis II or MPS II (Hunter Syndrome), and seeking direction to the Centre to provide them uninterrupted and...
Sanjeev S, former MD & CEO of Bharti AXA General joins ACKO
Sanjeev S, former MD & CEO of Bharti AXA General Insurance, has joined the board of directors of ACKO Insurance and will have some leadership role in the company's day to day operation., Sanjeev has over 20 years of experience working with leading companies such...
Cos revamping employee benefit strategy in view of pandemic, says Willis survey
''The employee benefit strategy in India has traditionally focused on market competitive and benchmarked benefits which subsequently moved towards differentiation. However, the pandemic has driven employers in India towards an introspective benefit strategy built...