by AIP Online Bureau | Mar 14, 2022 | Briefs, Eco/Invest/Demography, Life
The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC.The Union Cabinet had last month approved the decision to facilitate disinvestment of the...
by AIP Online Bureau | Mar 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
By 2050, rising sea levels are expected to flood those parts of the city. In total, unabated climate change could cost the city $920 million Drawing on inputs from officials, citizens, researchers and companies, Mumbai’s plan lists changes across six domains. This...
by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Domestic equities opened flat but gained momentum during the session, extending the rally for the fifth consecutive day. Global markets were mixed amid hopes for a diplomatic solution to the Ukraine war, but cautiousness prevailed as uncertainty looms with the...
by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Insurance broker Willis Towers Watson also said on Sunday it would withdraw from Russia, following similar moves by rivals Marsh and Aon FRANKFURT: FRANKFURT/LONDON/ZURICH: Allianz and Swiss Re said on Monday they were cutting back on Russian business as European...
by AIP Online Bureau | Mar 14, 2022 | Indian News, Life
Life Insurance Corp.’s published embedded value will be valid for the IPO until May as per rules, said the people, who declined to be named as the information is not public yet. A delay beyond that would mean LIC would have to re-calculate the embedded value, a key...
by AIP Online Bureau | Mar 14, 2022 | Facts, Workplace/Employee Benefits
At the group-level, stereotyping by colleagues, preconceived notions and paternalistic attitudes of bosses are a major hindrance to the women employees, while at the firm-level, lack of mentoring opportunities and gender stereotypes by employers pose a grave challenge...
by AIP Online Bureau | Mar 14, 2022 | Health, Indian News, Policy
“The vaccination of children in the age group of 12 -15 years is most likely to begin from Tuesday. Also, the co-morbidity clause for administering precaution doses to those aged 60 years and above would be removed,” an official source said New Delhi: The...
by AIP Online Bureau | Mar 14, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance
Debasish Panda, chairman, IRDAI `Yes, he has assumed the charge of the chairman of IRDA in New Delhi today. In his initial wish-list for the IRDA employees, he has preferred digital, quick decision making and quick renewals of licenses,” confirmed IRDA sources...
by AIP Online Bureau | Mar 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries
The call comes as money managers demand better information on climate change, biodiversity and water security to help them analyse the performance of company boards as the world looks to come good on a plan to limit human-driven global warming This year, more than 680...
by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, International News
Kristalina Georgieva, Managing Director,International Monetary Fund The total exposure of banks to Russia amounted to around $120 billion, an amount that while not insignificant, was “not systemically relevant,” Russia may default on its debts in the wake...
