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Ratan Tata to invest in Tork Motors

Oct 14, 2019

“In the last few years, there has been a sea of changes in the attitude towards electric vehicles. This industry is changing rapidly and I place good value on the sound logic and the approach that the team at Tork Motors has taken,” Tata Sons Chairman Emeritus Ratan Tata said in a statement.

UPL ordered to pay $31 mn to US-based AgroFresh in patent infringement case

Oct 14, 2019

A federal jury in Wilmington, Delaware, told UPL and its Decco unit to pay AgroFresh Solutions Inc. $31 million partly for infringing its patent on a technology that keeps apples fresh in storage after harvest. The award was less than a tenth of the $346.2 million AgroFresh had asked for.

IRDAI forms panel to review existing reinsurance norms

Oct 13, 2019

The committee will be headed byTR Alamelu, member, nonlife, IRDAI and would suggest amendments to reinsurance, investment, foreign reinsurance branches(FRBs) and Lloyd’s India regulations in the next two months. 

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