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Biden says he would push for $15 minimum wage

by AIP Online Bureau | Oct 23, 2020 | Eco/Invest/Demography, Facts

Washington: Former Vice President Joe Biden says he would push for a USD 15-per-hour minimum wage and rejects the idea that it would hurt small businesses. Biden said at Thursday's debate: There is no evidence that when you raise the minimum wage, businesses go...

UP family court orders wife to pay Rs 1,000 monthly maintenance allowance to husband

by AIP Online Bureau | Oct 23, 2020 | Eco/Invest/Demography, Facts

Muzaffarnagar: A family court here has ordered a woman, who is a government pensioner, to pay a monthly maintenance allowance to her husband, following a petition filed by the latter in this regard. The woman and the husband have been living separately for many years....

China’s Ant Group gets nod for the world’s largest IPO of $35 billion

by AIP Online Bureau | Oct 23, 2020 | Eco/Invest/Demography, International News, Technology

  China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle for its $35 billion dual-listing. Ant, the fintech...

Lloyd’s Approves Syndicate-in-a-Box, Picnic Syndicate 2460, to cover Mutuals

by AIP Online Bureau | Oct 22, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  London: The Council of Lloyd’s granted in-principle approval for the launch of Picnic Syndicate PIC 2460, a syndicate-in-a-box (SIAB), said Asta, the third-party managing agent at Lloyd’s. Picnic will commence underwriting on Jan. 1, 2021 and would...

FTLife and Munich Re announce collaboration on digital underwriting

by AIP Online Bureau | Oct 22, 2020 | International News, Life, Technology

  Hong Kong: FTLife Insurance Company Limited and Munich Re Automation Solutions, a leading provider of digital new business, underwriting and analytics solutions to the insurance industry, today announced a new collaboration focusing on the provision of a...

Tesla’s release of new ‘self-driving’ software closely watched by U.S. regulato

by AIP Online Bureau | Oct 22, 2020 | Eco/Invest/Demography, Facts, Non-Life, Technology

r The U.S. auto safety regulator on Thursday said it was closely watching Tesla Inc's TSLA.O release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the public against safety risks.Tesla on Tuesday night...

Kotak Life forays into health insurance;launches Kotak Health Shield

by AIP Online Bureau | Oct 22, 2020 | Health, Indian News, Life

  Mumbai: Kotak Mahindra Life Insurance Company Limited (Kotak Life) today announced its foray into health insurance with a new product launch – Kotak Health Shield. This product offers a fixed benefit, comprehensive health insurance plan, covering most...

India’s Dr Reddy’s isolates data center services after cyberattack

by AIP Online Bureau | Oct 22, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

BENGALURU:  Indian drugmaker Dr Reddy's Laboratories Ltd REDY.NS said on Thursday it had isolated all its data center services as a preventive measure following a cyberattack.Shares of the company, which has a partnership to run clinical trials of...

Doctors in Delhi see jump in breathing issues amid COVID-19, pollution

by AIP Online Bureau | Oct 22, 2020 | Uncategorized

NEW DELHI: Top doctors in New Delhi are reporting a jump in respiratory problems among its residents, coinciding with the onset of peak pollution season in India’s capital and raising concerns about complications for COVID-19 patients.Doctors from five different...

India has set aside $7 billion to vaccinate the world’s second Biggest Population

by AIP Online Bureau | Oct 22, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India has set aside $7 billion to vaccinate the world’s second biggest populationIndia’s government has set aside about 500 billion rupees ($7 billion) to vaccinate the world’s most populous nation after China against the...
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