by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps. Based on the reports, we will issue necessary orders on the defaulting companies,” the road transport and highways minister Ntin Gadkari said New...
by AIP Online Bureau | Apr 21, 2022 | Workplace/Employee Benefits
SBI General Insurance, one of India’s leading General Insurance companies today announced its financial results for FY 2021-22. The company demonstrated strong growth in the health insurance segment with a 50% growth in GWP, whereas it has reported an overall growth...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Indian News
Although outages aren’t uncommon in India, the situation this year particularly points to a “looming power crisis,” said Shailendra Dubey, chairman of All India Power Engineers Federation, an advocacy group. An already sweltering summer and acute coal shortages are...
by AIP Online Bureau | Apr 21, 2022 | Indian News, Life, Wealth Management/ Philanthropy
The official said it would be a tough call to decide whether to go ahead with the retail and domestic investor demand or to wait for geopolitical tension to ease and FIIs to return to market. “A decision on timing the IPO would be taken this week,” the...
by AIP Online Bureau | Apr 21, 2022 | Workplace/Employee Benefits
For the global reinsurance market and the London market, the war itself represents a mid-sized catastrophe event, mostly affecting specialty lines such as aviation, marine, political risk, trade credit and cyber insurance London: Fitch Ratings has revised its global...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, International News, Policy, Regulation
“As investors pay increasing attention to diversity at the top of the companies they invest in, enhancing transparency at board and executive management level will help hold companies to account and drive further progress,” said Sarah Pritchard, executive director of...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic
The gap points to a double standard in return-to-office messaging — executives from Bank of America Corp. to Alphabet Inc.’s Google are prodding their workers to return in part to boost in-person collaboration, but bosses themselves are somewhat exempt. Companies are...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Indian News, Policy
“We lost 75 lakh man-days every year during the Left Front rule, but now no man-days are lost” West Bengal Chief Minister Mamata Banerjee Banerjee also revealed the state planned to set up a Rs 72,000-crore industrial zone in the densely forested and backward...
by AIP Online Bureau | Apr 21, 2022 | Disaster & Management, Indian News, Non-Life, Policy, Reinsurance, Risk Management
Explaining the basic objective of the initiative, Raju said that the GSI proposed to share relevant and timely data on landslides to the state disaster management authority, which would go a long way in saving lives and properties of people as and when such natural...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Technology
“This is a major milestone in our safe introduction of self-driving vehicles, which will revolutionise the way we travel, making our future journeys greener, safer and more reliable,” said Transport Minister Trudy Harrison “The technology could be...
