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Pandemic to change Indian insurance sector’s landscape: IndiaFirst Life
“The amount of business that will happen through the protection portfolio will increase by leaps and bounds, and on the savings side people will prefer opting for guaranteed return based products because the minute the guarantee return is not there then you are dependent on the whims and fancies of the market and today because of the uncertainty very-very few people are open to bet on the market,”IndiaFirst Life deputy CEO Rushabh Gandhii said.
All citizens in the country to get free COVID-19 vaccine: union minister Sarangi
The governments of Tamil Nadu, Madhya Pradesh, Assam and Puduchchery have already announced free of cost COVID vaccines for the people of their states, while Delhi Chief Minister Arvind Kejriwal has demanded free vaccine for all citizens across the country.Prime Minister Narendra Modi has announced that all people will be provided free of cost vaccines. An estimated Rs 500 odd will be spent on vaccination of each person,
India’s coronavirus infections rise by 45,148
Amazon wins arbitration order against Future’s deal with Reliance
But Amazon’s investment came with contractual rights that include a right of first refusal and a non-compete-like pact, media had reported, and Amazon later started arbitration proceedings in Singapore.
“It’s a comprehensive victory for Amazon,” a source with direct knowledge of the decision said. “They’ve won an injunction to stop the deal.”
Future Retail on Monday hinted that it may challenge the arbitration award from the Singapore-based arbitration center before Indian legal forums, to ensure that its Rs 24,713 crore deal proceeds unhindered and without any delay.
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