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Indian

World Bank signs $125 million to support Resilient Kerala Program

The Resilient Kerala Program will focus on two key areas.

First, it will incorporate disaster risk planning in the master plans of urban and local self-governments to ease financial constraints on the state government when faced with unexpected shocks. Second, it will help make the health, water resources management, agriculture, and road sectors more resilient to calamities.

Dabur India expects strong consumer demand for Ayurvedic healthcare products

Citing Expert Market Research consultant services data, the company said, ”The market for Ayurvedic products is expected to grow at a CAGR of 15 percent between 2021 and 2026”.”Moving forward on this mission to make Ayurveda more mainstream and accessible to every household, Dabur has now rolled out a new retail initiative christened ‘Ghar Ghar Ayurveda’,” the report said.

Expected to vaccinate 60 per cent population within two-three months: Kerala to SC

In an affidavit filed in the apex court in response to an application raising issue of relaxations granted by Kerala because of the Bakrid festival, the state said it has vaccinated 45 percent of its 18+ population with at least one dose and 18 percent have been vaccinated with two doses.

It said the state has taken a “scientific and pragmatic approach” for conceiving and implementing various measures for curbing the spread of pandemic and the strategy is based on a rational balance of life and livelihood.

International

Amazon sued by publishers claiming audible text service violates copyright

The lawsuit was filed by seven members of the Association of American Publishers (AAP), including HarperCollins Publishers, Penguin Random House, Hachette Book Group, Simon & Schuster, and Macmillan Publishers.
“Essentially Audible wants to provide the text as well as the sound of books without the authorization of copyright holders, despite only having the right to sell audiobooks,” AAP said in a statement.

Germany’s Allianz grows in Brazil with $734 million deal

The deal represents Allianz’ largest investment ever in Brazil, the insurer said. “Insurance in Brazil is expected to grow more than the GDP over the next years, as insurance penetration is very low,” said Eduard Folch, chief executive of Allianz’ Brazilian unit, in a phone interview

HSBC considering a bid for Aviva’s Asian operations, reports suggest

Aviva, the UK insurance conglomerate whose shares have dropped 27 per cent in the last 12 months, confirmed in August it’s examining options for its Asian business as new chief executive officer Maurice Tulloch’s turnaround takes shape. The company’s operations in the region could be valued at about $3 billion to $4 billion, with an official process slated to kick off later this year, Bloomberg News reported earlier.

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