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Stock market investors richer by over Rs 9.76 trn in five days

by AIP Online Bureau | Jul 21, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

“The return of FIIs into domestic equity markets in the last few sessions coupled with receding commodity prices and hopes that US Fed may not go for aggressive rate hikes in its next meeting has somewhat tempered the fears of investors,” Shrikant Chouhan,...

More than 1.3 mn vehicles recalled in FY22 due to safety issues: Gadkari

by AIP Online Bureau | Jul 21, 2022 | Data, Non-Life

Gadkari said total 47,984 people died due to accidents on national highways in 2020, while 33,148 died due to accidents on state highways Vehicle recalls in India rose to a three-year high in 2021-22, with more than 13 lakh two-wheelers and passenger cars recalled...

26.66 million people affected by floods in 2020; 1,365 lives lost: Union minister Shekhawat

by AIP Online Bureau | Jul 21, 2022 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance

Responding to a question in Lok Sabha, Jal Shakti Minister Gajendra Singh Shekhawat said Rs 21,190 crore of total damage of crops, houses and public utilities has been recorded in 2020 New Delhi: As many as 26.66 million people were affected by floods in the country...

Facebook’s growth woes in India: too much nudity, not enough women

by AIP Online Bureau | Jul 21, 2022 | Facts, Risk Management, Technology

Facebook has faced criticism globally from online safety campaigners for not doing enough to safeguard women from bullying or harassment. In 2019, the platform said it had a team of people focusing “just on making sure we are keeping women safe”, using...
Microsoft India most ‘attractive employer brand’ in India: Randstad

Microsoft India most ‘attractive employer brand’ in India: Randstad

by AIP Online Bureau | Jul 21, 2022 | Facts, Workplace/Employee Benefits

The 10 most attractive employer brands in India for 2022 include Hewlett Packard at fourth place, Infosys (5th), Wipro (6th), Tata Consultancy Services (7th), Tata Steel (8th), Tata Power Company (9th) and Samsung (10th), as per the survey released on Thursday...
China fines Didi Global $1.2 bln for violating data security laws

China fines Didi Global $1.2 bln for violating data security laws

by AIP Online Bureau | Jul 21, 2022 | Eco/Invest/Demography, Technology

The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally collected millions of pieces of user information over a seven-year period starting June 2015, and carried out data processing activities that seriously affected national...
Travelers reporting stranded luggage this summer jumped 30%: Mapfre

Travelers reporting stranded luggage this summer jumped 30%: Mapfre

by AIP Online Bureau | Jul 21, 2022 | International News, Non-Life, Reinsurance, Risk Management

More bags are going missing as short-staffed airports and airlines struggle to keep up with luggage handling alongside surging travel demand.Most stranded luggage ends up resurfacing, thus not triggering reimbursement, the insurer said The number of travelers...
Ship insurers seek more assurances on Ukraine grain corridor

Ship insurers seek more assurances on Ukraine grain corridor

by AIP Online Bureau | Jul 21, 2022 | International News, Reinsurance, Risk Management

Russia, Ukraine, Turkey and the United Nations are expected to sign a deal later this week aimed at resuming the shipping of grain from Ukraine across the Black Sea Insurance for the ships would be possible “if a sensible solution were offered,” said Rory Colacicchi,...
34 pc of coastline under varying degrees of erosion for past 28 years: Govt

34 pc of coastline under varying degrees of erosion for past 28 years: Govt

by AIP Online Bureau | Jul 21, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

“Indian National Centre for Ocean Information Services (INCOIS) has not estimated the percentage of loss specifically due to coastal erosion, however, INCOIS has estimated Coastal Vulnerability Index (CVI) for the Indian coastline, which is a cumulative impact...
Govt shortlists 7 GMs for selecting CMDs of New India and AIC

Govt shortlists 7 GMs for selecting CMDs of New India and AIC

by AIP Online Bureau | Jul 20, 2022 | Indian News, Non-Life, Policy

The general managers who have been shortlisted are- M Rajeswari Singh, Agriculture Insurance Company(AIC), BS Rahul,(AIC),N Ramaswamy, presently heading GIC Re’s London branch, Neerja Kapur, NIA, Girija Subramanian, GIC Re, Rashmi Bajpai, Oriental Insurance...
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