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EPFO invested Rs 2,500 cr in Reliance Capital’s bonds: FinMin

by AIP Online Bureau | Dec 15, 2021 | Indian News, Pension & Social Security

Reliance Capital had defaulted on payment of principal and interest obligations on bonds held by EPFO.The total interest default on the non-convertible debentures (NCDs) (secured) is Rs 534.64 crore as of November 30, 2021 Reliance Capital owes its creditors over Rs...

Paytm launches Paytm Wealth Academy, a tech-powered educational platform for traders and investors

by AIP Online Bureau | Dec 15, 2021 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

The Paytm Wealth Academy is a first-of-its-kind initiative to allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalog of courses and webinars along with personalized recommendations for users,...

IndiGo flight to Tirupati diverted to Bengaluru after technical snag

by AIP Online Bureau | Dec 15, 2021 | Indian News, Risk Management

Actor-turned-politician and YSRCP MLA Roja Selvamani said that she will file a defamation suit against IndiGo and its management for demanding excess money, changing the destination, and delay in travel A Rajahmundry-bound IndiGo flight for Tirupati was diverted to...
Tesla hit by string of US sex harassment lawsuits

Tesla hit by string of US sex harassment lawsuits

by AIP Online Bureau | Dec 15, 2021 | International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

“Tesla’s factory floor more resembles a crude, archaic construction site or frat house than a cutting-edge company in the heart of the progressive San Francisco Bay area,” several of the suits claim The lawsuits — filed within a month of two...

Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers:Allianz

by AIP Online Bureau | Dec 15, 2021 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” says Shanil Williams, Global Head of Financial Lines at AGCS London/New...

38℃ record Arctic temperature confirmed, others likely to follow: WMO

by AIP Online Bureau | Dec 15, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The furnace-like conditions also contributed to 2020 becoming one of the three warmest years on record, the WMO spokesperson explained, adding that the Siberian heatwave “would have been almost impossible without climate change”. UN : A new and disturbing...

Google says employees flouting vaccination rules will eventually be fired – CNBC

by AIP Online Bureau | Dec 15, 2021 | Facts, Health, Pandemic, Policy, Technology, Workplace/Employee Benefits

Employees who have not complied with the vaccination rules by Jan. 18 will be placed on “paid administrative leave” for 30 days, CNBC reported, followed by “unpaid personal leave” for up to six months and termination. Alphabet Inc’s...

HSBC says clients must have plan to exit coal by end-2023

by AIP Online Bureau | Dec 14, 2021 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Under its plan, HSBC will cut exposure to thermal coal financing by at least 25% by 2025 and 50% by 2030, although non-EU or non-OECD-based clients could be funded until a global phase-out by 2040, its sustainability chief told Reuters HSBC said its new policy would...

What the PM Modi Twitter breach tells us about hackers

by AIP Online Bureau | Dec 14, 2021 | Articles, Eco/Invest/Demography, Non-Life, Technology

The world might not be so lucky next time. A few hacks of Twitter has proven to the rest of the community that this is a target with vulnerabilities, and others — possibly with state backing or terrorist links — will think of better ways to abuse that weakness than...

Vedanta committed to decarbonise its aluminium business ops

by AIP Online Bureau | Dec 14, 2021 | Climate, Environment, Renewable Energy, Facts

”We are committed to the decarbonisation of our operations in the long term…As…aluminium producer, we are unrelenting in our pursuit of excellence in all aspects of business, including Environment, Social and Governance (ESG),” Sharma said. New Delhi:...
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