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Johnson & Johnson drops talcum powder globally as lawsuits mount

Johnson & Johnson drops talcum powder globally as lawsuits mount

by AIP Online Bureau | Aug 12, 2022 | Health, International News, Risk Management

The health conglomerate has spent years seeking ways to contain its legal liabilities. It faces 40,300 lawsuits in the US over its talc-based powders, according to a company filing last month with the U.S. Securities and Exchange Commission Johnson & Johnson said...
Abu Dhabi Investment Authority to pick up 9.99% in Aditya Birla Health Insurance for Rs 665 crore

Abu Dhabi Investment Authority to pick up 9.99% in Aditya Birla Health Insurance for Rs 665 crore

by AIP Online Bureau | Aug 12, 2022 | Health, Indian News, Non-Life

Aditya Birla Health Insurance is a 51:49 joint venture between Aditya Birla Capital Limited and Momentum Metropolitan Strategic Investments (Pty) Ltd, a wholly owned subsidiary of South African based Momentum Metropolitan Holdings Limited (together “MMH”). After the...

Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1

by AIP Online Bureau | Aug 12, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

The government introduced APY on June 1, 2015, to provide social security to workers mainly in the unorganised sector. Subscribers of the scheme get a minimum guaranteed pension of Rs 1,000 to Rs 5,000 per month after attaining 60 years of age depending on their...
Assam govt planning universal health insurance: Himanta

Assam govt planning universal health insurance: Himanta

by AIP Online Bureau | Aug 12, 2022 | Health, Indian News, Policy

Himanta Biswa Sarma,Chief Minister,Assam “We are planning to come up with universal health insurance through Ayushman Assam for those left out of Ayushman Bharat. The scheme will cover senior citizens, journalists, people without NFSS ration cards, etc.” Assam Chief...

LIC sells 2% of its shareholding in M&M

by AIP Online Bureau | Aug 12, 2022 | Data, Life, Wealth Management/ Philanthropy

After the sale, the LIC holding in the passenger cars and utility vehicles company decreased from 8.430 per cent to 6.421 per cent, it said. Mumbai: Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its shareholding in automaker Mahindra...

India to start supplying petrol with 20 per cent ethanol from April 2023

by AIP Online Bureau | Aug 12, 2022 | Eco/Invest/Demography, Facts, Technology

Through the reduction in the burning of rice straw, the project will contribute to a reduction of greenhouse gases equivalent to about 3 lakh tonnes of carbon dioxide equivalent emissions per annum, which can be understood as equivalent to replacing nearly 63,000 cars...

U.S. CDC no longer recommends students quarantine for COVID-19 exposure

by AIP Online Bureau | Aug 12, 2022 | Facts, Health, Pandemic

The agency also said it is no longer recommending unvaccinated people quarantine after exposure, saying around 95% of the U.S. population has either been vaccinated or had COVID-19 already, or both The U.S. Centers for Disease Control and Prevention said on Thursday...
COVID fallout: Global youth unemployment set to reach 73 million, says ILO

COVID fallout: Global youth unemployment set to reach 73 million, says ILO

by AIP Online Bureau | Aug 11, 2022 | Articles, Eco/Invest/Demography, Technology

The report’s takeaways include the worrying finding that young women are worse off than young men when it comes to finding a job. This year, fewer than three in 10 young women globally are expected to be in work, compared to well over four in 10 young men The number...

Aviva India appoints Sumithasri Eranti Venkataramagupta as chairperson

by AIP Online Bureau | Aug 11, 2022 | Briefs, Life

New Delhi: Aviva India announced the appointment of Sumithasri Eranti Venkataramagupta as chairperson of Aviva Life Insurance Company India. She succeeds Mohit Burman, who served as the Chairperson for over 14 years and will continue to be a non-executive Director on...

Married daughters also entitled for compensation paid by insurers: HC

by AIP Online Bureau | Aug 11, 2022 | Indian News, Non-Life

The HC single judge bench of Justice H P Sandesh heard an appeal filed by an insurance company challenging the award of compensation to married daughters of one Renuka (aged 57) who was killed in an accident on April 12, 2012 near Yamanur, Hubballi, in north Karnataka...
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