by AIP Online Bureau | Feb 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Mumbai: Indian solar power projects worth $2.24 billion are at risk of higher costs, including fines, due to the coronavirus outbreak in China — a major supplier of modules, the local arm of ratings agency Standard and Poor's said on Monday. ...
by AIP Online Bureau | Feb 17, 2020 | Banking & Bancassurance, Indian News, Life
Mumbai: Life Insurance Corporation on Monday said there is no proposal to merge its subsidiary LIC Housing Finance Ltd (LICHFL) with any other entity. The statement came after some reports suggested that insurance behemoth LIC might expedite the process...
by AIP Online Bureau | Feb 17, 2020 | International News, Risk Management, Technology
San Francisco: Tech Mahindra Ltd., announced a collaboration with Virsec, a US based cybersecurity company delivering a radically new approach to protect against advanced targeted attacks. The organizations are working to provide first-of-its-kind cybersecurity...
by AIP Online Bureau | Feb 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life
Singapre: AIA Singapore today announced that all existing 1.4 million eligible customers1, its employees and tied representatives will automatically benefit from free additional coverage1 to eligible customers as part of the insurer's proactive efforts to protect...
by AIP Online Bureau | Feb 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
February 2020 will come to be remembered as a period of historic disruption to physical supply chains the world over, as the coronavirus wrecks trade. The death toll in China's novel coronavirus epidemic jumped to 1,770 on Monday after 100 more...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, International News
Dubai: The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow. "There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space," the...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Life, Policy
NEW DELHI : The government's ₹2.1 lakh crore sell-off target is achievable with half of this amount expected to be met through the spill-over deals of Air India, BPCL and Concor and the remaining ₹90,000 crore through just 6-7 per cent stake dilution in state life...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News
New Delhi: More companies in India are complying with corporate social responsibility norms under the Companies Act, 2013, with 76 per cent firms having spent 2 per cent or more of their profits on such initiatives during 2019, according to a report. The...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Policy
New Delhi: The government's proposal to introduce new optional tax regime without exemptions and deductions will adversely effect the savings in India, according to experts. Finance Minister Nirmala Sitharaman in Budget 2020-21 provided option to personal...
by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The GST Network on Sunday said around 92 per cent of large taxpayers with turnover of over Rs 2 crore have filed annual returns for 2017-18 fiscal. With Goods and services tax launches on July 1, 2017, this is the first time when businesses...
