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India to have 1 billion smartphone users by 2026: Deloitte

by AIP Online Bureau | Feb 22, 2022 | Eco/Invest/Demography, Facts, Technology

”Higher internet adoption is expected to fuel demand for smartphones; this increased demand will be propelled by the need to adopt fintech, e-health, and e-learning,” it said. New Delhi: India will have 1 billion smartphone users by 2026 with rural areas...
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources

Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources

by AIP Online Bureau | Feb 22, 2022 | Life, Policy, Wealth Management/ Philanthropy

How effectively LIC and its investment bankers are able to address the investor concerns will help in determining the insurer’s valuation in the float, and consequently the state of finances of the Indian government which is banking on proceeds from the IPO to...

Insurtech player RenewBuy acquires Artivatic.AI for Rs 75cr

by AIP Online Bureau | Feb 22, 2022 | Indian News, Life, Technology

The acquisition will allow RenewBuy to extend its tech solutions across the entire value chain – from sales, to underwriting and claim solutions ”We pioneered the digital agent distribution model, by putting an app in the hands of an agent. This led to a new...

Maintain constant vigil on financial sector, work to achieve inclusive growth: FM to regulators

by AIP Online Bureau | Feb 22, 2022 | Eco/Invest/Demography, Indian News, Policy

On the appointment of a new IRDAI chief, Sitharaman said: “I share the concern of not having a chairman at IRDAI. Will soon decide on the appointment of IRDAI chairman.” Mumbai: The high-level FSDC headed by Finance Minister Nirmala Sitharaman on Tuesday...

Biological E. COVID shot gets India emergency approval for 12-18 age group

by AIP Online Bureau | Feb 22, 2022 | Health, Indian News, Pandemic

India has so far only started vaccinating children aged 15 and above. According to government figures, more than 76 million children between 15 and 17 have been inoculated mainly using Covaxin BENGALURU: Indian vaccine maker Biological E. Ltd said on Monday its...
AIA Launches “AIA One Billion” to engage a billion people to live healthier, longer, better lives by 2030

AIA Launches “AIA One Billion” to engage a billion people to live healthier, longer, better lives by 2030

by AIP Online Bureau | Feb 22, 2022 | Health, International News, Life, Pandemic

The pandemic has increased people’s awareness of the importance of health and wellness. Yet populations in Asia are seeing an increase in lifestyle-related diseases, accounting for more than 70 per cent of all deaths SINGAPORE: AIA Group Limited (AIA)...

SBI Life to reclassify BNP Paribas Cardif as non-promoter

by AIP Online Bureau | Feb 22, 2022 | Indian News, Life, Regulation

As per Sebi guidelines, a promoter or promoter group seeking reclassification should not hold more than 10 per cent of the voting rights in the company. SBI Life shares closed at Rs 1,129.15 apiece on BSE, down 1.86 per cent from the previous close Mumbai: SBI Life...

Women reluctant to join company boards, difficult to find those who are interested: Sitharaman

by AIP Online Bureau | Feb 22, 2022 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

”I have actually made a lot of attempts in my own level as a minister in calling up some people and saying please would you not want to come to a board? We want your experience. We want presence. No, I have not had enough women coming. So, there is a serious...

China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

by AIP Online Bureau | Feb 22, 2022 | International News, Regulation, Risk Management

Ant has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion was derailed by regulators in late 2020. Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure...

New study finds better treatment for Parkinson’s disease

by AIP Online Bureau | Feb 22, 2022 | Facts, Health

In Parkinson’s disease, nerve cells that produce dopamine progressively die. Since the 1960s, doctors have relied on medication to replace the missing dopamine, but it is notoriously difficult to fully control symptoms as the disease progresses Parkinson’s...
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