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Biden bill to help millions escape higher health care costs

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Health, International News

The sweeping climate, tax and health care bill sets aside USD 70 billion over the next three years to keep out-of-pocket premium costs low for roughly 13 million people, just before the reduced prices were set to expire in a year beset by record-high inflation Those...

“Impossible”, says Dolo 650 manufacturer on allegations of its Rs 1000 crore marketing budget

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

The Central Board for Direct Taxes has accused makers of the Dolo-650 tablet of distributing freebies worth Rs 1,000 crore to doctors as consideration for prescribing the tablet, said senior advocate Sanjay Parikh, appearing for the Federation of Medical and Sales...
Sebi joins account aggregator ecosystem

Sebi joins account aggregator ecosystem

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Under the framework, Financial Information Providers (FIPs) in the securities market, like depositories and asset management companies (AMCs) — through their Registrar and Transfer Agents or RTAs — will provide financial information pertaining to...

Insured assets worth Rs 150 crore affected in fire at Neemrana unit: Havells

by AIP Online Bureau | Aug 19, 2022 | Indian News, Non-Life, Reinsurance

There was no human loss/injury and the entire building, plant and machinery, and inventories at the Neemrana plant were fully insured, said a regulatory update from Havells India Assets worth Rs 150 crore, which were fully insured, were affected in the massive fire at...
Paytm’s billionaire CEO faces biggest test since IPO Dud

Paytm’s billionaire CEO faces biggest test since IPO Dud

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Indian News

Vijay Shekhar Sharma, CEO, Paytm’ Shareholders should vote against Sharma’s reappointment, and the board must bring in a professional to the role, Institutional Investor Advisory Services India Ltd. said last week. Before listing, Sharma, on several instances,...

Over 30 pc of Indian employees want to change jobs: PwC survey

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits

Millennials are the most likely to seek new employment, with 37 per cent indicating that they are likely to switch employers in the next 12 months While Gen Z employees are less likely to quit, about a third of them are extremely or very likely to ask for a reduction...

World coronavirus cases fall 24%; deaths rise in Asia: WHO

by AIP Online Bureau | Aug 18, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

The U.N. health agency said there were 5.4 million new COVID-19 cases reported last week, a decline of 24% from the previous week. Infections fell everywhere in the world, including by nearly 40% in Africa and Europe and by a third in the Middle East. COVID deaths...

GST investigation wing asks officers to refrain from summoning CEOs

by AIP Online Bureau | Aug 18, 2022 | Eco/Invest/Demography, Indian News, Policy

About the instructions with regard to summons, the guidelines said that senior management officials such as CMD/MD/CEO/CFO/similar officers of any company or a PSU (Public Sector Unit) should not generally be issued summons in the first instance New Delhi: The GST...

Govt holds interviews for appointing IRDAI’s non-life member, private sector professionals lead the race

by AIP Online Bureau | Aug 18, 2022 | Indian News, Non-Life, Regulation

From the public sector insurers, Madhulika Bhaskar, general manager and acting in charge of New India Assurance(NIA) was the lone candidate to have appeared for the interview. Some of the private sector professionals who had appeared for the interview today are-TA...
SC asks Centre to respond to pleas on unethical marketing practices by pharma companies

SC asks Centre to respond to pleas on unethical marketing practices by pharma companies

by AIP Online Bureau | Aug 18, 2022 | Health, Indian News

A bench of Justice DY Chandrachud and Justice AS Bopanna was informed that makers of Dolo-650 mg tablet had invested Rs 1,000 crore in freebies to have its anti-fever drug prescribed to patients The apex court then asked the Central government to file a reply within...
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