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Electric vehicle charging network ChargePoint to go public at $2.4 billion valuation

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Technology

  DETROIT: ChargePoint Inc, one of the world's oldest and largest electric vehicle charging networks, said on Thursday it will go public by merging with Switchback Energy Acquisition Corp SBE.N in a deal that values the company at $2.4 billion. The deal is...

Maruti Suzuki launches car subscription plan in Delhi, NCR, Bengaluru

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Non-Life

  NEW DELHI: The country's largest carmaker Maruti Suzuki India Ltd on Thursday said it has launched its vehicle subscription program, Maruti Suzuki Subscribe, for individuals in Delhi, NCR region (Noida, Ghaziabad, Faridabad, Gurugram) and Bengaluru. The...

Govt notifies standards for safety evaluation of hydrogen fuel cell vehicles

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

  New Delhi: The government on Thursday said it has notified standards for safety evaluation of hydrogen fuel cell-based vehicles. The Ministry of Road Transport and Highways (MoRTH) has issued a notification in this regard. "The Ministry of Road Transport...

Munich Re issues first-ever green bond

by AIP Online Bureau | Sep 24, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Reinsurance

Munich: For the first time in its history, Munich Re has issued a subordinated green bond, with the volume issued amounting to €1.25bn. This bond highlights Munich Re’s commitment to using the capital markets to help achieve a climate-friendly...

Govt allows airlines to decide baggage limitations for domestic flights

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: The Civil Aviation Ministry has permitted airlines to decide baggage limitations for domestic passenger flights, stated an official order. When the domestic passenger flights resumed on May 25 after a gap of two months due to the coronavirus pandemic, the...

Shift towards digital banking is going to be permanent: SBI Chairman

by AIP Online Bureau | Sep 24, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology, Workplace/Employee Benefits

  Mumbai: State Bank of India Chairman Rajnish Kumar on Wednesday said the number of consumers moving away from branch level transactions and adopting digital modes is increasing, and this change is going to be permanent. He said currently only seven out of 100...

ONGC douses fire; gas supplies to industries hit

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  NEW DELHI/AHMEDABAD: A fire at an Oil and Natural Gas Corp (ONGC) plant caused by a pipeline rupture has cut gas supplies to customers including power and fertiliser companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd. The...

Microsoft develops ‘virtual commute’ for remote workers amid Covid-19

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Facts, Pandemic, Risk Management, Technology, Workplace/Employee Benefits

Millions of employees now commute from their bed to a desk at home. After the initial euphoria of skipping traffic jams and cramped train compartments, a new reality has dawned in which the work day blends into the rest of life, like a never-ending video call....

COVID-19 cases in India breach 57-lakh mark, recovery rate at 81.55 per cent

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Indian News

New Delhi,  India's COVID-19 caseload raced past 57 lakh, while over 46 lakh people have recovered from the disease pushing the national recovery rate to 81.55 per cent, according to the Union Health Ministry data updated on Thursday. The total coronavirus...

Catastrophic cyber event leading to claims of more than $10 billion has increased since the Pandemic:Willis Re

by AIP Online Bureau | Sep 24, 2020 | Eco/Invest/Demography, Health, International News

. LONDON: Risk professionals believe the overall level of cyber attacks will increase as a result of COVID-19. Of nearly 1,000 respondents to Willis Re’s 2020 Cyber Risk Outlook survey, 86% believe frequency will increase, and 54% believe severity will rise,...
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