Category

After losing a company to COVID, owners seek the next gig

International News       Feb 22, 2021

  NEW YORK: As airlines slashed flights and furloughs appeared inevitable in the early days of the coronavirus pandemic, Mike Catania sensed there would be little need for a service that helped airline crews find short-term housing. So, Catania and his fellow owners shut down Padloop...

WHO agrees compensation fund for serious COVAX vaccine side effects

International News       Feb 22, 2021

  LONDON: The World Health Organization has agreed a no-fault compensation plan for claims of serious side effects in people in 92 poorer countries due to get COVID-19 vaccines via the COVAX sharing scheme, resolving a big concern among recipient governments. The programme, which the WHO...

Manmade debris poses threat to space operations:Hiscox

International News       Feb 22, 2021

  London: The growing problem of manmade space debris has to be tackled as it could pose threat  to current and future space operations, said Hiscox, the specialist insurer . NASA reports that the International Space Station has had to maneuver away from orbiting debris 26...

Boeing recommends Airlines suspend use of some 777s after United incident

International News       Feb 22, 2021

  Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after US regulators announced extra inspections and Japan suspended their use while considering further action. The moves involving Pratt &...

Maharashtra imposes new COVID-19 lockdowns in some areas

Indian News       Feb 21, 2021

  Mumbai: India’s western Maharashtra state, home to the country’s financial hub Mumbai, said on Sunday it would impose new coronavirus-related restrictions in four districts, amid concerns about a second wave and slow vaccine rollout.India, with a population of about 1.4 billion, has reported 10.9 million...

Over 90% of tech employees continue to work from home: Azim Premji

Facts       Feb 21, 2021

  Bengaluru:  IT czar Azim Premji on Sunday said more than 90 per cent of the workforce in the technology industry of the country continue to work from home, and lauded the hybrid model of work. "Within the first few weeks of the (COVID-19-induced) lockdown, over...

Max Life outpaces pvt life insurance industry in Apr-Dec, expects over 11 pc biz growth in FY21: CEO

Indian News       Feb 21, 2021

  New Delhi: Outpacing the industry's growth at 11 per cent during nine months to December 2020 amidst the pandemic, Max Life Insurance hopes to post even better numbers at the close of 2020-21 on the back of strong distribution network and digital expansion, the company's...

Delhi reported steep spike in cybercrimes during lockdown period: Police

Indian News       Feb 21, 2021

  New Delhi: The number of cybercrime cases reported in the national capital spiked during last year's lockdown period, from nearly 2,000 in March to over 4,000 in May, as fraudsters adopted new methods to cheat people, the Delhi Police said on Friday. According to data...

Over 200 million vaccine doses administered globally

Facts       Feb 21, 2021

More than 200 million coronavirus vaccine doses have been administered in at least 107 countries and territories, according to an AFP count based on official sources on Feb. 20.     In total 201,042,149 doses had been given worldwide by 1000 GMT - a figure that does...

Govt may consider privatising Oriental Insurance or United India: Report

Indian News       Feb 21, 2021

  New Delhi: The government may consider privatising Oriental Insurance or the United India Insurance Co as their financial health has improved after a series of capital infusions, people aware of the development said. To further strengthen their financial health, the government is expected to infuse...