by AIP Online Bureau | Oct 21, 2022 | Indian News, Non-Life
IMD Director General Mrutunjay Mohapatra said the IMD has not so far made any forecast on the possible landfall, intensity and wind speed of the cyclone. The system will pass through Odisha coast at a distance and there was no possibility of making landfall in the...
by AIP Online Bureau | Oct 21, 2022 | Eco/Invest/Demography, Indian News, Regulation
Besides, the fair trade regulator has directed the internet major to cease and desist from unfair business practices New Delhi: The Competition Commission on Thursday imposed a penalty of Rs 1,337.76 crore on Google for abusing its dominant position in multiple...
by AIP Online Bureau | Oct 21, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
After years of trying, the government has only been able to privatise national carrier Air India Ltd. and introduce outside backers to LIC, while its plans to sell refiner Bharat Petroleum Corp Ltd. hit a wall as bidders struggled to find partners. New Delhi: India is...
by AIP Online Bureau | Oct 21, 2022 | Eco/Invest/Demography, Health, International News
“Many people just think that it is just like the flu or any other respiratory infection, but more and more data is coming out on how COVID is affecting all organ systems and not just the respiratory route. It also affects the cardiovascular system and the...
by AIP Online Bureau | Oct 20, 2022 | Banking & Bancassurance, Indian News, Life
The statement comes against the backdrop of two orders by the insurance sector watchdog Irdai in the last few days, wherein Max has been fined Rs 3 crore while a penalty of Rs 2 crore has been imposed on the bank regarding the deal on concerns over valuations Mumbai:...
by AIP Online Bureau | Oct 20, 2022 | International News, Risk Management, Technology
The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant. Amazon is facing a USD 1 billion class action...
by AIP Online Bureau | Oct 20, 2022 | Indian News, Life, Policy
LIC had bought a 51 per cent stake in IDBI Bank in 2019 for Rs 21,624 crore at an average price of Rs 61 per share. Following a QIP issue in December 2020, the stake of LIC came down to 49 per cent New Delhi: State-owned insurance behemoth LIC is expected to recover...
by AIP Online Bureau | Oct 20, 2022 | Eco/Invest/Demography, Indian News, Technology
Maharashtra Deputy Chief Minister Devendra Fadnavis said, “Satellite-based crop damage assessment and compensation will be a game changer in this sector. The satellite images will decide the intensity of crop damage and go on to make compensatory payment to farmers.”...
by AIP Online Bureau | Oct 20, 2022 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Suruchi Bhadwal, director for earth science and climate change at The Energy and Resources Institute, said,” Extreme weather events in our regions have shown that the effects of climate change are increasing, and more and more people are being affected.”...
by AIP Online Bureau | Oct 20, 2022 | Briefs, Health, Life
Tata AIA life has tied-up with Medix to offer healthcare advice to Tata AIA policy holders. Medix has a team of 300 in-house physicians, and a global quality accredited network of over 4,500 world-leading and independent medical specialists. A study by Harvard...
