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Reliance General Insurance and Reliance Nippon Life Insurance put on block, see large PE bidders

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega response with 60 bids being received. December 1 was the deadline for the submission of EOIs. Over 60 different bids have been received with SBI Capital...

Paytm quashes reports of stake sale by Ant Financial

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life

  New Delhi: Quashing rumours of a stake sale, sources close to India's leading financial services and payments firm Paytm said that global fintech giant Ant Financial is not planning to sell its shares in the company. While reports claimed that Ant Financial...

On World AIDS Day, South Africa finds hope in new treatment

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Facts, Health, Life, Non-Life

Health officials are hoping that new, long-acting drugs to help prevent HIV infection will be a turning point for the fight against a global health threat that's been eclipsed by the coronavirus pandemic. South African President Cyril Ramaphosa highlighted the new...

Mental health in the workplace, saved by bots and apps?

by AIP Online Bureau | Dec 3, 2020 | Articles, Eco/Invest/Demography, Health, Non-Life

  By Chris Taylor We are all familiar with the challenges of 2020, but we may still be underestimating how deep and wide they go. Seven in 10 employees say this has been the most stressful year of their working lives, according to a report from Workplace...

IMA calls for strike on Dec 11 over ayurveda surgery move

by AIP Online Bureau | Dec 3, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: The IMA on Tuesday gave a call to all doctors practicing modern medicine to withdraw non-essential and non-Covid services on December 11 in protest against a Central Council of Indian Medicine notification which authorises post-graduate practitioners...

EU warns of risks of Covid-19 vaccine race after UK approval of Pfizer shot

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

BRUSSELS, Dec 03: The European Union's drug watchdog and lawmakers warned against hasty approvals of Covid-19 vaccines on Wednesday, after Britain granted emergency authorisation to the experimental Covid-19 shot being developed by Pfizer and BioNTech. Britain is...

Japan residents to get free Covid-19 vaccine

by AIP Online Bureau | Dec 2, 2020 | Eco/Invest/Demography, Facts, Pandemic

TOKYO,Dec 03: Japan will give free coronavirus vaccines to all of its residents under a bill passed Wednesday, as the nation battles record numbers of daily cases. The bill, which says the government will cover all vaccine costs for Japan's 126 million residents,...

Battery costs fall, make electric vehicles cheaper – BMI

by AIP Online Bureau | Dec 2, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

LONDON: The cost of battery cells used for electric vehicles has fallen to an average of $110 per kilowatt hour (kWh), making such cars competitive with those using internal combustion engines (ICE), according to Benchmark Mineral Intelligence (BMI). One barrier to a...

Japan may ban sale of new gasoline-powered vehicles in mid-2030s – media

by AIP Online Bureau | Dec 2, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

TOKYO, Dec 03 Japan’s government is considering abolishing sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles in line with a global shift from traditionally powered cars, public broadcaster NHK reported on Thursday. The...

Cyclone Burevi slams into eastern Sri Lanka

by AIP Online Bureau | Dec 2, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Colombo: Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of 80 kph to 90 kph (50 mph to 56 mph) is expected to hit the island nation late on Wednesday. The cyclone is likely to damage coastal...
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