by AIP Online Bureau | Aug 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“The prohibition relating to coal and to certain fertilizers refers both to the “purchase” and the “transfer” of these goods, irrespective of final destination,” Arianna Podesta, a European Commission spokeswoman, told Bloomberg in an email. Those sanctions extend to...
by AIP Online Bureau | Aug 16, 2022 | Indian News, Wealth Management/ Philanthropy
Rakesh Jhunjhunwala Jhunjhunwala’s top holdings by market value include Star Health & Allied Insurance Co., footwear maker Metro Brands Ltd. and automaker Tata Motors Ltd. Jhunjhunwala held stakes of more than 10% in Star Health, IT firm Aptech Ltd. and...
by AIP Online Bureau | Aug 16, 2022 | Health, Policy, Technology
R S Sharma, CEO, NHA This performance-based fund allocation will help in structured implementation of ABDM at the state and UT level, with verified entries strengthening the key national registries being built under the scheme, an NHA statement said R S Sharma, CEO,...
by AIP Online Bureau | Aug 16, 2022 | Indian News
“You do not know what it is like to be lonely until you spend time alone wishing for companionship,” the 84-year Tata, a bachelor, said, appreciating Naidu’s ideation and also forgiving his mentee for the time he spends away from the office Mumbai:...
by AIP Online Bureau | Aug 16, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
“Last year saw actual salary increments being higher than budgets and this was largely due to better-than-expected business performance and the need to retain talent. Despite the economic headwinds, higher projections for 2023 reflect cautious business optimism and a...
by AIP Online Bureau | Aug 16, 2022 | Indian News, Non-Life, Wealth Management/ Philanthropy
Prem Watsa, CEO, Fairfax The proceeds from its fresh issuance are worth Rs 1250 crore and will be utilised for the augmentation of the company’s capital base and maintenance of solvency levels and general corporate purposes Fairfax owned by Indian born Canadian...
by AIP Online Bureau | Aug 16, 2022 | Disaster & Management, Eco/Invest/Demography, Facts, Risk Management
Even a relatively small-scale conflict would have devastating consequences for global food production. A localized battle between India and Pakistan would see crop yields decline by an estimated 7% within five years, the study suggested, while a US-Russia war would...
by AIP Online Bureau | Aug 15, 2022 | International News, Non-Life, Policy, Technology, Workplace/Employee Benefits
The update came after the tech sector – which counts India as its top source of skilled foreign workers – received a wake-up call in June 2020 when California’s employment regulator sued Cisco Systems on behalf of a low-caste engineer who accused two...
by AIP Online Bureau | Aug 15, 2022 | Data, Non-Life
”We are hoping that the demand for luxury cars will exceed the pre-pandemic level of 2019, which was the highest ever while the demand for Lexus in India has crossed our highest ever demand this July since the launch of operations in 2017,” Lexus India...
by AIP Online Bureau | Aug 15, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“We must turn India into a developed country in the next 25 years, in our lifetime,” said the 71-year-old Modi, wearing a turban in the colours of the Indian flag, in his 75-minute-speech in Hindi The World Bank currently categorises India as a...