SIRC 26
Indian
Passenger vehicle retail sales increase 39 pc in August: FADA
Sebi bans 85 entities from capital mkts for fraudulent trading
The investigation was conducted to ascertain whether there was any violation of the provisions of the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices ) Regulations by certain entities while trading.
In its probe, Sebi found that pursuant to allotment of shares under the scheme of amalgamation, Sunrise Asian and its then directors had devised an arrangement whereby 83 connected entities had manipulated the price of the scrip in four patches of trading during the investigation period, thereby violating PFUTP norms.
12-year-old dies of Nipah in Kerala; 2 health workers show symptoms says health min
Two more people have been identified with symptoms of Nipah virus infection, Kerala health minister Veen George said here on Sunday.
The two are among the 20 high risk contacts of the deceased 12-year-old child, she said.
The Kozhikode Medical college hospital sources told PTI that they have since opened an exclusive Nipah ward to cater to any possible outbreak of the virus.
Atal Pension Yojna most popular social security scheme under NPS system
Out of 4.2 crore National Pension System (NPS) subscribers, over 66 per cent or 2.8 crore opted for the APY at the end of 2020-21, says the annual report of the National Pension Systems Trust (NPS Trust).The State Government Scheme ranks second with 11 per cent share, while the central autonomous bodies (CAB) continued to account for the least number of subscribers of NPS with a share of 1 per cent, followed by state autonomous bodies (SAB) with a share of 2 per cent.
“APY is the most subscribed plan among non-metro subscribers. This also reflects the demographic pattern in the country, where more unorganized population segments reside in the non metros, thus accessing the NPS self-initiated plan,” the report said.
International
Coronavirus fears drive up credit risk for Gulf crude exporters
US expands its reinsurance program,transfers $400 mn in flood risk to capital markets
As part of the agreement, FEMA will pay $50.28 million in premiums for the first year of reinsurance coverage. Additionally, the agreement will cover 3.33 percent of losses for any single flood event with losses between $6 and $9 billion, and 30 percent if that same flood event has losses that rise to $9 to $10 billion.
WHO warns of pandemic risk after coronavirus peaks in China
Aon aligns leadership team, appoints Andersen as President
Most recently, Aon has entered a new phase of its Aon United growth strategy with the rollout of a single colleague mission called the Aon Impact Model, the scaling of its Delivering Aon United client value and sales effectiveness program, the development of the Aon Business Services platform to improve delivery of middle- and back-office client services and the formation of the firm’s New Ventures Group to drive innovation at scale and expand its addressable market.
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