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Indian
Govt to file final papers for LIC IPO with Sebi soon, says official
The government is presently in the wait-and-watch mode because of...
Govt appoints Ex-financial services secretary Debasish Panda as new IRDAI chief
Debasish Panda, chairman, IRDAI The appointments committee of...
Rakesh Joshi appointed as member,Finance & Investment, IRDA
The appointments committee of the cabinet (ACC) has approved the...
Auto sales dip 23% in Feb as supply challenges continue: SIAM
"Continuing supply-side challenges like semiconductor shortages,...
International
Hollywood shutdowns to cost insurer millions
The disruption of entertainment companies has translated into a rush of claims seeking compensation from insurers for lost income. Allianz alone took a 1.2 billion-euro hit to earnings in the first half from virus-related claims. In response, some insurers have stopped selling coverage to protect against business losses in future pandemics.
Cisco ordered to pay $1.9 billion in U.S. patent lawsuit, plans appeal
Despite shift, energy giants fall short of U.N. climate goals: study
No company was set to meet the United Nations-backed Paris Agreement’s long-term goal of limiting global warming to “well below” 2 degrees Celsius above pre-industrial levels by reducing carbon emissions to net zero,
“Some (companies) might have made bigger statements so far than the others and the important thing is the direction of travel. But none of them are making net zero yet,” Bill Hartnett, stewardship director of ESG Investment at Aberdeen Standard Investments, a TPI member. told Reuters.
COVID-19 vaccine may be ready by year-end, says WHO’s Tedros
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