by AIP Online Bureau | Oct 26, 2026 | International News
“Preliminary information indicates that the rig experienced a punch-through event during preload activities, resulting in loss of stability and the subsequent sinking of the rig,” the offshore drilling contractor said. Borr Drilling’s Prospector 5 rig sank late on...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, International News, Technology, Workplace/Employee Benefits
Japanese Prime Minister Sanae Takaichi said the government planned to compile an emergency package of measures against cyberattacks by next week. Japanese companies are moving to pay compensation to users following waves of cyberattacks that have disrupted internet...
by AIP Online Bureau | Oct 26, 2026 | International News, Risk Management, Technology
The Washington and LA projects, which would take years to implement and still face financial and technical hurdles, come amid an already fierce debate over the safety risks and benefits of automated trains and whether the substantial upfront expense is worth the...
by AIP Online Bureau | Oct 26, 2026 | Indian News, Non-Life, Technology
“Where a passenger opts for insurance, the applicable premium shall be collected along with the ticket fare through digital means only. Staff shall ensure that where the person is opting for insurance, payment is done through digital means,” the Railway Board has said...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, International News, Technology
Delays due to grid capacity constraints, environmental sustainability concerns and zoning shifts “could increase downward pressure on the creditworthiness of data center projects,” analysts including Chris Mooney wrote in a Oct. 23 report. Data centers face potential...
by AIP Online Bureau | Oct 26, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance
The award includes ₹3,67,97,082 in special damages and ₹10 lakh for the mental agony, anguish and harassment suffered by Midha. The company has been directed to make the payment within 30 days of the judgment. In a separate development, Judge Shirin Javeed Ansari...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
According to the Gazette notification, the government has included E100 alongside E85 in the emission standards prescribed for flex-fuel vehicles, paving the way for vehicles designed to operate on nearly pure ethanol New Delhi: The government has allowed the use of...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
The extension of Component II of the RELIEF (Resilience & Logistics Intervention for Export Facilitation) initiative is aimed at encouraging exporters to obtain insurance cover from the Export Credit Guarantee Corporation of India (ECGC) for eligible shipments to...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
BPCL, which sourced about 37 per cent of its crude from Russia in the July-September quarter, has continued to diversify its procurement as geopolitical tensions disrupt shipping routes and push up freight and insurance costs. The company has nevertheless secured...
by AIP Online Bureau | Oct 26, 2026 | Eco/Invest/Demography, Indian News, Regulation
In one of the major financial penalties in recent cases, a Judicial Magistrate First Class Court in Bhiwandi, Maharashtra, imposed a total fine of Rs 34 lakh on importing firm Ador Welding Ltd and 16 of its directors and officials for violating mandatory BIS...
