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Johnson & Johnson exploring ways to accelerate delivery of its COVID vaccine in India

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  New Delhi:  Johnson & Johnson on Tuesday said it is in talks with the Indian government to explore ways to accelerate delivery of its single dose COVID-19 vaccine in the country. The company also said as per a recent announcement by the Indian drug...

Sebi approves stricter independent dir norms, measures to attract more investors into mkt

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Regulation

  Mumbai: Seeking to strengthen the corporate governance practices as well as attract more investors, markets watchdog Sebi on Tuesday approved stricter norms related to independent directors, reduced the minimum subscription amount for REITs and InvITs and...

Cipla gets DCGI nod to import Moderna’s COVID-19 vaccine for restricted emergency use in India: Sources

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  New Delhi: India's drug regulator may soon grant restricted emergency use authorization for Moderna's COVID-19 vaccine, official sources said on Tuesday. Cipla filed an application on Monday seeking permission for import of Moderna's COVID-19...

SC orders implementation of ‘one nation, one ration card scheme’ by July 31

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

  The Supreme Court on Tuesday directed states and union territories to implement the 'one nation, one ration card scheme' till July 31, while asking the Centre to provide dry ration for free distribution among migrant workers till the COVID-19 situation...

India says will oppose ‘regressive proposal’ by rich nations on carbon tax

by AIP Online Bureau | Jun 29, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  New Delhi: India says will oppose 'regressive proposal' by rich nations on carbon taxIndia and other developing nations will oppose plans by the European Union and the US to penalize imports of carbon-intensive goods to curb emissions at the global...

GIC Re’s net profit rises 5 % to Rs 1260 crore, cuts gross premium 4% to Rs 8813 crore in Q4 Fy 21

by AIP Online Bureau | Jun 29, 2021 | Indian News, Life, Non-Life, Reinsurance

   Mumbai, June 29: With a higher investment income, state owned reinsurer GIC Re amidst Covid-19 pandemic, has seen its net profit rising by 5.25 per cent year on year(Y-O-Y) to Rs 1260.44 crore in last quarter(Jan-Mar) of FY 2021. The listed reinsurer...

Twitter faces three police cases amid growing challenges in India

by AIP Online Bureau | Jun 29, 2021 | Indian News, Risk Management, Technology

  New Delhi: Police in India have registered three new cases against Twitter Inc for allegedly hurting sentiments and promoting child pornography, marking an escalation in the row between the U.S. firm and Indian authorities. Police in the states of Uttar Pradesh...

17 pc dip in average fresh COVID-19 cases since 2nd Corona wave peak in May, says Union Health Ministry

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The number of COVID-19 cases has declined continuously since India reported its peak of the second wave on May 7, an Union Health Ministry official said on Tuesday. "With continued efforts of containment, there has been a constant decline in...

Devas joins Cairn Energy in trying to seize Air India’s overseas assets

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Devas Multimedia Pvt., a company seeking over $1.2 billion it won in international arbitration from India, has joined Cairn Energy Plc in seeking to seize Air India Ltd.’s assets abroad. Calling the flagship airline an “alter ego” of the Indian state...

Covea eyes take over of AXA XL Re

by AIP Online Bureau | Jun 29, 2021 | International News, Non-Life, Reinsurance

  Paris: After failing to take over SCOR and Partner Re, French based Covéa insurance group is now targeting the acquisition of Bermuda based AXA’ XL Re , AXA's non-life reinsurance operations, French insurance...
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