Indian

Irrespective of co-morbidities, classified as deaths due to Covid: Centre

Jun 21, 2021

The MHA in its affidavit said: “All deaths with a diagnosis of Covid-19, irrespective of co-morbidities, are to be classified as deaths due to Covid-19. The only exception could be where there is a clear alternative cause of death, that cannot be attributed to Covid-19 (e.g. accidental trauma, poisoning, acute myocardial infarction, etc), where Covid-19 is an incidental finding.”

HDFC bank buys 4.99 % stake in HDFC Ergo Gen from HDFC, insurer’s share priced at Rs 536

Jun 20, 2021

With market share of 6.2 per cent, HDFC ERGO has been one of the fastest growing private General Insurers in the country, having grown its gross written premium at a 35 per cent CAGR over the last 13 years.

UAE’s Emirates airline to resume flights from India to Dubai from June 23

Jun 20, 2021

On Saturday, the Supreme Committee of Crisis and Disaster Management in Dubai said that the passengers from India with a valid residence visa who have received two doses of a UAE-approved vaccine will be allowed to travel to Dubai, Gulf News reported.

Cannot pay Rs 4 lakh compensation to Covid victims, Centre informs SC

Jun 20, 2021

” If ex-gratia of Rs 4 lakh is given for every person, who lost life due to COVID-19, the entire amount of SDRF may possibly be spent on this alone, and indeed the total expenditure may go up further”, said the affidavit.
The MHA contended that unlike floods, earthquake, cyclone, etc, during the ongoing COVID-19 pandemic, thousands of crores of rupees have been spent by Centre and states on prevention, testing, treatment, quarantine, hospitalization, medicines and vaccination, etc and it is still continuing.

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International

Tata Motors’ JLR recalls 44,000 cars over CO2 emission levels

Mar 14, 2019

The European Commission’s rapid alert system warned that JLR’s cars “may emit excessive levels of CO2 and may not conform with the certified condition”.

Boeing faces crisis with worldwide grounding of 737 MAX jetliners

Mar 14, 2019

The US Federal Aviation Administration (FAA) cited new satellite data and evidence from the scene of the recent crash near Addis Ababa for its decision to join Europe, China and other nations in suspending 737 MAX flights

Uber settles Driver Classification disputes for $20 mn

Mar 14, 2019

The drivers attacked the ride-sharing company’s business model of treating them as contractors to avoid the costs of paying a minimum wage, overtime, sick leave and health insurance.

Insurers face large claims after second Boeing 737 MAX crash

Mar 12, 2019

Willis Towers Watson was the insurance broker for Ethiopian Airlines, while Chubb was the lead insurer, a Willis spokeswoman said on Monday. A Chubb spokesman declined to comment.Britain’s Global Aerospace was the lead insurer for Boeing and also for Lion Air, which operated the plane that crashed in October, said Global Aerospace Chief Executive Nick Brown.’Insurers typically form a consortium to share the risks of large claims, with the lead insurer taking a larger proportion of the risk. The insured value of the plane itself was likely around $50 million (£38 million), according to industry sources.

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