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India a potential market for Panamera sedan: Porsche

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Facts

  Mumbai: Luxury sports car maker Porsche has said India is a potential market for its recently-launched new-generation Panamera sedan even as its focus will remain on all models across segments. Porsche India also said the launch of the new-format showrooms in...

Fire breaks out in govt hospital in Kanpur; no casualty

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  Kanpur: Afire broke out at the cardiology department of a state-run hospital here on Sunday, the Uttar Pradesh government said. No casualties were reported till the filing of the report. Chief Minister Yogi Adityanath has taken cognisance of the incident and...

IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Indian News

Mumbai: Global liquidity and bull run in domestic equity market helped Indian companies raise over Rs 31,000 crore through initial share-sale in the ongoing fiscal year and the IPO pipeline remains strong for 2021-22 too, experts said on Sunday. This also marks the...

Amid Covid surge, RBI to opt for status quo in monetary policy: Experts

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Indian News, Policy

Mumbai; Amid uncertainty created by surge in coronavirus cases, the Reserve Bank of India (RBI) is likely to maintain status quo at its next monetary policy review and wait for some more time before taking any action to spur growth. The RBI is slated to announce its...

Ship blocking Suez Canal moves slightly, unclear when it will refloat

by AIP Online Bureau | Mar 28, 2021 | Indian News, Non-Life, Risk Management

  Suez (Egypt):  Efforts to dislodge a giant container ship blocking the Suez Canal have allowed its stern and rudder to move, but it remains unclear when the vessel will be refloated, the head of the canal authority said on Saturday. The 400 metre (430...

Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Indian News, Policy, Risk Management

  New Delhi: UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas...

Over 40 mn old vehicles on Indian roads, Karnataka tops list at 700,000

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

New Delhi: Over four crore vehicles older than 15 years are plying on roads pan-India and fall under the ambit of green tax, with Karnataka occupying the top slot with more than 70 lakh such vehicles. The Ministry of Road Transport and Highways has digitised the data...

Majority want govt to suspend flights from UK, South Africa amid jump in COVID-19 cases: Survey

by AIP Online Bureau | Mar 28, 2021 | Uncategorized

  New Delhi: As many as two-thirds of the people want the government to suspend flights from the UK and South Africa amid a near sharp increase in the number of COVID-19 cases in the country in the recent weeks, according to a survey. At the same time, another 43...

COVID-19: Daily deaths over 300 for first time this year, 62,714 new cases

by AIP Online Bureau | Mar 28, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India saw 62,714 new coronavirus infections in a day, the highest single day rise so far this year, taking the nationwide COVID-19 tally to 1,19,71,624, while the daily deaths crossed the 300-mark for the first time in 2021, according to the Union...

Highways Ministry asks NHAI, automakers to tighten IT security after cyber attack threats

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: The Ministry of Road Transport and Highways on Sunday alerted NHAI, NHIDCL and its other wings besides automobile makers to augment their IT security systems after reports regarding threats of possible cyber attacks targeted at the Indian transport sector....
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