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Elon Musk targets telecom for next disruption with Starlink internet

by AIP Online Bureau | Jan 23, 2021 | Eco/Invest/Demography, International News, Technology

Elon Musk became the world’s richest person this month by upending the global auto industry and disrupting aerospace heavyweights with reusable rockets. Now he’s setting his sights on another business dominated by entrenched incumbents: telecommunications....

Tesla claims engineer stole secrets just days into the job

by AIP Online Bureau | Jan 23, 2021 | Eco/Invest/Demography, International News

  A erstwhile Tesla Inc. bundle technologist was ordered to look earlier a justice to look allegations that 3 days into his job, helium started stealing confidential files and transferring them to a idiosyncratic retention account. During his two-week employment...

Maruti Suzuki”s premium hatchback Swift India”s ”best-selling” car model in 2020

by AIP Online Bureau | Jan 23, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Maruti Suzuki India on Saturday said its hatchback Swift has emerged as the best selling car model in India in 2020 with 1,60,700 units. In 2020, the model has also crossed the cumulative sales milestone of 23 lakh units since its launch in 2005. It...

Cash for Covid? UK says no decision on reported plan for positive tests

by AIP Online Bureau | Jan 23, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Risk Management

LONDON: Britain's environment minister said on Friday no decision had been taken on plans to give everyone who tested positive for Covid-19 a payment after newspapers reported people could be given 500 pounds ($683.75) to incentivise them to take tests. Newspapers...

WHO says deal with Pfizer to allow poor countries to start vaccinating in February

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

GENEVA: The World Health Organization said on Friday it had reached an agreement with Pfizer for 40 million doses of its vaccine against Covid-19, allowing it to begin vaccinating people in poor and lower-middle-income countries under its COVAX programme next month....

Three govt agencies launch probe in Serum Institute fire causing Rs 1000 cr losses

by AIP Online Bureau | Jan 23, 2021 | Health, Indian News, Non-Life, Risk Management

Pune: Top officials from fire wings of three Maharashtra government agencies on Friday launched a probe to ascertain the cause of the blaze that killed five workers at Serum Institute of India's premises here. Heads of fire departments of the Pune Municipal...

At least five mine workers killed in blast in southern India

by AIP Online Bureau | Jan 22, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Workplace/Employee Benefits

BENGALURU: At least five mine workers were killed in southern India when their trucks carrying blasting material exploded, officials said on Friday. Local media said the toll could be higher. The workers were transporting gelatin sticks used commonly as explosive...

Bharat Biotech’s COVID-19 shot safe, produced immune response in early human trial – The Lancet

by AIP Online Bureau | Jan 22, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Indian drugmaker Bharat Biotech’s coronavirus vaccine, which has been authorized for use in the country, proved safe and produced an immune response in a small group of adults aged 18 to 55, according to a study published in The Lancet medical...

India proposes stricter regulations for large shadow banks

by AIP Online Bureau | Jan 22, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

  MUMBAI:  The Reserve Bank of India has proposed tighter, bank-like regulation of the so-called shadow lending sector to prevent the turmoil caused by the collapse of an infrastructure financing firm in 2018. The country’s central bank has gradually...

British PM says new variant may carry higher risk of death

by AIP Online Bureau | Jan 22, 2021 | Eco/Invest/Demography, International News

  London: Bitish Prime Minister Boris Johnson said on Friday the new English variant of COVID-19 may be associated with a higher level of mortality although he said evidence showed that both vaccines being used in the country are effective against it. Johnson...
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