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Indian
HDFC Bank’s $40 billion deal may face regulatory hurdles over insurance, analysts say
HDFC Life and HDFC ERGO are among the leading life and general...
Govt may scale down size of LIC IPO to Rs 50,000 crore, may launch it in mid-May
The government and its advisers are considering seeking a valuation...
Passenger vehicle retail sales dip 5 pc in March to 2,71,358 units: FADA
''Passenger vehicles continue to see high demand and long waiting...
Sebi issues fresh guidelines to curb misuse of clients’ Power of Attorney
The use of DDPI will be limited only for two purposes. One is for...
International
Eli Lilly pauses trial of antibody drug Trump touted as COVID-19 ‘cure’ over safety concern
“Out of an abundance of caution, the ACTIV-3 independent data safety monitoring board (DSMB) has recommended a pause in enrollment.Lilly is supportive of the decision by the independent DSMB to cautiously ensure the safety of the patients participating in this study,”,” Lilly spokeswoman Molly McCully said in an emailed statement. “
World Bank approves $12B to finance Virus Vaccines, Care
The world’s richest countries have locked up most of the world’s potential vaccine supply through 2021, raising worries that poor and vulnerable communities will not be able to get the shots. Meanwhile, an ambitious international project to deliver coronavirus vaccines to the world’s poorest people, called Covax, is facing potential shortages of money, cargo planes, refrigeration and vaccines themselves.
Pay-per-part: TRUMPF and Munich Re plan new business model for the manufacturing industry
The jointly developed “pay-per-part model” enables customers to use a full-service laser machine without having to buy or lease any equipment.Instead, customers pay a previously agreed price for each cut sheet metal part – in other words, they only pay for what they need. This allows customers to make their production processes more flexible and react faster to market changes.
“The cooperation with TRUMPF is an outstanding example of how the combination of Munich Re Group’s various offerings – risk solutions, IoT technology and financing – makes it possible to develop innovative business models for the industry. We are convinced that such partnerships represent a forward-looking response to the challenges of an increasingly dynamic market environment,” said Torsten Jeworrek,Member of the Board of Management
Worried European nations revive curfews, lockdowns amid ‘exponential growth’ in virus
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