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RBI orders MobiKwik to probe alleged data leak: source

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

  NEW DELHI: India’s central bank has ordered digital payments firm MobiKwik to probe allegations that data of its 110 million users was breached, and warned that the company will face fines if lapses are found, a source with direct knowledge of the...

India AstraZeneca shot delay could be ‘catastrophic’ for Africa: health official

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  ADDIS ABABA: India’s temporary hold on major exports of AstraZeneca’s COVID-19 shot will undermine Africa’s vaccination plans, and could have a “catastrophic” impact if extended, the head of the continent’s disease control...

Major auto firms log robust sales in March on pent up demand

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota...

WEF’s gender gap index: India slips 28 places, ranks 140 among 156 countries

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Facts, Health

  New Delhi: India has slipped 28 places to rank 140th among 156 countries in the World Economic Forum's Global Gender Gap Report 2021, becoming the third-worst performer in South Asia. According to the report, India has closed 62.5 per cent of its gender gap...

SpiceJet ties up with Avenue Capital for sales & lease-back of up to 50 new aircraft

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Indian News, Non-Life

Mumbai, Budget carrier SpiceJet on Wednesday said it has signed an initial pact with New York-based global investment firm Avenue Capital Group for financing, acquisition and sales & lease-back of up to 50 new aircraft to be ordered by the airline. The memorandum...

U.S. envoy Kerry heads to India to try and lift ‘climate ambition’

by AIP Online Bureau | Apr 1, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

NEW DELHI: U.S. climate envoy John Kerry will hold talks with Indian leaders during an Asian tour starting on Thursday in an effort to narrow differences on climate change goals to slow global warming.Prime Minister Narendra Modi’s government is facing calls...

April 1 Renewals:Market pricing remain firm in all classes and territories, Willis ReĀ 

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  London: International reinsurance renewals completed for 1 April 2021 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories, according to the latest 1st View renewals report from Willis Re. Capacity...

COVID-19: India records 72,330 new cases, highest single day rise

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India saw 72,330 new coronavirus infections being reported in a span of 24 hours, the highest single day rise so far this year, taking the COVID-19 tally of cases to 1,22,21,665, according to the Union Health Ministry data updated on Thursday. With...

India’s on its way to become the world’s pharmaceutical hub

by AIP Online Bureau | Apr 1, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic

The Covid-19 pandemic might have pushed several economies and businesses to the brink, but what stood strong at such a crucial period was India's pharmaceutical industry. The government's focus on supporting the growth of the domestic pharma sector amid the...

BioNTech owners in talks to invest in German cancer labs group

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Facts, Health

The billionaire Struengmann family behind Covid-19 vaccine maker BioNTech is in talks to take a stake in German diagnostics firm Munich Leukemia Laboratory (MLL) as it seeks to add investments in the healthcare sector, people close to the matter said. "We are...
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