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HC refuses to stay CCI notice to Facebook, WhatsApp in privacy policy matter

by AIP Online Bureau | Jun 23, 2021 | Indian News, Regulation, Risk Management, Technology

New Delhi: he Delhi High Court has refused to stay the Competition Commission of India (CCI) notice asking Facebook and WhatsApp to furnish certain information in relation to a probe ordered by it into the instant messaging app's new privacy policy. A vacation...

India reports around 40 cases of Delta plus variant

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Around 40 cases of the Delta plus variant, classified as a variant of concern (VOC), have been detected sporadically in Maharashtra, Kerala and Madhya Pradesh, the Union Health Ministry said on Wednesday. Delta variant as well as all Delta...

Swiss Re sells 6.6% in Phoenix for $610 mlnmillion

by AIP Online Bureau | Jun 23, 2021 | International News, Reinsurance

  Zurich: Swiss Re announced today that it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling an approximately 6.6% stake for GBP 437 million through an accelerated bookbuilding process.  The sale...

‘If there is any fatality, we will hold state govt responsible’, SC tells AP

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: “If there is any fatality, we will hold the state responsible,” the Supreme Court told the Andhra Pradesh government on Tuesday on being informed of its decision to hold Class 12 board examination. A bench of Justices A M Khanwilkar and Dinesh...

SC reserves verdict on Rs 4 lakh ex-gratia compensation to kin of COVID-19 deceased

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: The Supreme Court Monday reserved verdict on the pleas seeking directions that ex-gratia compensation of Rs 4 lakh be paid to the families of those who have died of COVID-19. A special vacation bench comprising Justices Ashok Bhushan and M R Shah...

 Mongolia,Bahrain and Seychelles battling a surge in Covid-19 infections despite administering Chinese vaccine

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  NEW YORK: Mongolia promised its people a "Covid-free summer". Bahrain said there would be a return to normal life. The tiny island nation of the Seychelles aimed to jump-start its economy. All three put their faith, at least in part, in easily...

HDFC Life announces a bonus of Rs 2180 cr for its 15.49 lakh participating plans in FY 2021

by AIP Online Bureau | Jun 23, 2021 | Indian News, Life

  Mumbai: HDFC Life, the second largest private sector life insurer,on Wednesday, announced a bonus of Rs 2180 cr. on its participating plans for FY 2021.The amount exceeds the previous year’s bonus by 44 per cent. 15.49 lakh policyholders of...

India’s antitrust watchdog orders probe into Google in smart TVs suit

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

NEW DELHI:  India's antitrust watchdog on Tuesday ordered an investigation into allegations that Alphabet Inc's (GOOGL.O) Google abused its Android operating system's position in the country's smart television market. The Competition Commission of...

World Bank, African Union join forces to expand access to Covid-19 vaccines

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, International News, Non-Life

Washington: The World Bank and the African Union said on Monday they would work together to accelerate Covid-19 vaccinations for up to 400 million people across Africa, bolstering efforts to vaccinate 60% of the continent's population by 2022. In a joint...

IRDAI allows home treatment as add-on cover in health insurance

by AIP Online Bureau | Jun 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: The Indian insurance regulator IRDAI has allowed non-life insurers to offer "homecare/domiciliary treatment" or treatment at home as an add on cover afresh or to their existing policies. In a circular to all non-life insurers including...
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