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Gallagher to acquire Willis Towers Watson plc Treaty Reinsurance Brokerage operations
Sompo Global Risk Solutions to offer Epidemic and Pandemic protection
Triggered by civil authority restriction resulting from international public health emergencies declared by the World Health Organization, the new Sompo GRS Epidemic and Pandemic Protection Program provides insurance based on a number of available pre-set coverage options including loss of income, extra expense, debt servicing, supply chain disruption and other fixed costs.
In its first year, limited capacity for the program is available to Sompo GRS clients and their captives in the real estate, hospitality, financial services, professional services, technology and life sciences industries, as well as the unit’s Asian-interest accounts.
NGT refuses to modify order on deregistration of 10-year-old diesel vehicles
As noted in the order dated July 18, 2016, appeal against order dated April 7, 2015 directing that more than 10 years old diesel vehicles be not allowed to ply on Delhi-NCR roads was dismissed by the Supreme Court.
The basis of prayer in the present applications was that the COVID-19 period should be excluded for calculating the period of 10 years.
The NGT had earlier declined to lift its ban on such vehicles in Delhi-NCR, noting that emissions from diesel vehicles were carcinogenic.
National Health Authority teams up with IIT Delhi to strengthen India’s response to COVID-19 crisis
Through this partnership, the National Health Authority (NHA) will be a technical collaborator on the US Agency for International Development (USAID)-supported SAMRIDH Healthcare Blended Financing Facility, a statement by the NHA said.
SAMRIDH Healthcare Blended Financing Facility aims to catalyse market-based health solutions to improve access to affordable and quality healthcare services for low-income and vulnerable communities, particularly for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) beneficiaries.
IIT Delhi serves as the hosting entity for SAMRIDH. This initiative is implemented by a Technical Support Unit managed by IPE Global.
COVID-19: India reports 40,120 fresh infections, active cases lowest since March 2020
UN experts call to impose moratorium on sale of surveillance technology
Two years ago the then UN Special Rapporteur on Freedom of Opinion and Expression published a report on the dangerous impact of surveillance technology on human rights and recommended an immediate moratorium on its sale and transfer until international regulations incorporating human rights safeguards were adopted. The international community failed to heed his call.
Scrappage policy will help phase out unfit, polluting vehicles: PM Modi
New method for modelling COVID-19 spread incorporates real-time data on people’s movements
Ransomware attacks increased by 64% in last one year: Report
“Ransomware criminals have refined their tactics to create a double extortion scheme. The initial steps towards safeguarding an organisation from any possible ransomware attack involve assuming vulnerability and setting a goal of not paying the ransom,” said Murali Urs, Country Manager, Barracuda Networks India, in a statement.
Covid-19: China’s port shutdown raises fears of closures worldwide
The shutdown at Ningbo-Zhoushan is raising fears that ports around the world will soon face the same kind of outbreaks and Covid restrictions that slowed the flows of everything from perishable food to electronics last year as the pandemic took hold. Infections are threatening to spread at docks just as the world’s shipping system is already struggling to handle unprecedented demand with economies reopening and manufacturing picking up.
India set to clear Boeing 737 MAX to fly again soon -report
Boeing said in a statement it continues to work with global regulators to safely return the 737-8 MAX and 737-9 MAX to service worldwide, and deferred the timeline to India’s air safety regulator.
If the U.S. plane manufacturer gets the go-ahead in India it would end a nearly two-and-a-half-year regulatory grounding of the model in a key travel market.
Govt probes L&T’s employee welfare arm for alleged fraud
The probe follows complaints by a group of employees who alleged that the company deducted contributions from their salaries with the assurance of giving them equity shares of Larsen & Toubro, India’s biggest engineering conglomerate, but instead gave them redeemable preference shares of LandT Welfare Co. The funds collected for employee welfare were allegedly used for expansion by L&T, according to the complaint.
US FDA okays Covid booster dose for those with weak immune system
The third dose will be administered at least 28 days following the two-dose regimen of the same vaccine to individuals 18 years of age or older (ages 12 or older for Pfizer-BioNTech) who have undergone solid organ transplantation, or who are diagnosed with conditions that are considered to have an equivalent level of immunocompromise, the agency said in a statement on Thursday.
Covid-19 infection linked to problems in thinking, attention: Study
“Our study adds to an increasing body of research that is looking at different aspects of how COVID-19 might be impacting the brain and brain function,” said study first author Adam Hampshire from Imperial College London in the UK.”This research is all converging to indicate that there are some important effects of COVID-19 on the brain that need further investigation,” Hampshire said.
Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment
Irrespective of what the regulator decides, the dispute could become a legal headache ahead of the much-awaited IPO of Paytm, which counts China’s Alibaba and Japan’s SoftBank among its investors. Neither responded to a request for comment.
At the heart of the dispute is a one-page document signed between Saxena and Paytm’s billionaire CEO, Vijay Shekhar Sharma, in 2001. Seen by Reuters, it says Saxena was to get a 55% equity stake in Paytm’s parent, One97 Communications, with Sharma owning the rest.