by AIP Online Bureau | Apr 28, 2019 | Indian News, Risk Management
New Delhi: Even as Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in the IL&FS audit process, it appears that the Ministry of Corporate Affairs may invoke section 140 (5) of the Companies Act to...
by AIP Online Bureau | Apr 28, 2019 | Health, Indian News, Risk Management
New Delhi: Even as the apex child rights body has asked all states to stop sale of Johnson's baby shampoo after its sample was found to be of substandard quality in a lab test, the company has strongly rejected findings of a Rajasthan...
by AIP Online Bureau | Apr 28, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Foreign investors were net buyers in the Indian capital markets for the third straight month in April, pouring in Rs 17,219 crore on favourable macroeconomic conditions and ample liquidity. India has been one of the top recipients of foreign fund...
by AIP Online Bureau | Apr 28, 2019 | Indian News, Non-Life
New Delhi: The five-hour shutdown of Air India's check-in software, which occurred Saturday morning, is still causing its ripple effect as the airline said 137 flights will be running with a delay on Sunday. The average duration of delay — on these...
by AIP Online Bureau | Apr 28, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Pre-monsoon rainfall from March to April, a phenomenon critical to agriculture in some parts of the country, has recorded 27 per cent deficiency, according to the India Meteorological Department (IMD). The IMD recorded 43.3 millimetres of...
by AIP Online Bureau | Apr 28, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
Chennai: Cyclone 'Fani' is very likely to intensify into a "severe cyclonic storm" in the next 12 hours and further soar into a "very severe cyclonic storm" in the next 24 hours, the Cyclone Warning Division of the MeT department...
by AIP Online Bureau | Apr 28, 2019 | Eco/Invest/Demography, International News, Risk Management
LONDON: Britain’s credit rating remains at risk of a further downgrade despite the extended deadline for its departure from the European Union, ratings agencies S&P Global Ratings and Fitch Ratings said on Friday.“The agreement between the EU...
by AIP Online Bureau | Apr 28, 2019 | International News, Reinsurance
PARIS: Reinsurer SCOR’s shareholders on Friday blocked an attempt by an activist fund to oust the company’s CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three quarters of SCOR’s...
by AIP Online Bureau | Apr 26, 2019 | Non-Life
Mumbai: SBI General Insurance has achieved strong financial results with a profit before tax of Rs. 470 crores for FY 18-19 compared to Rs. 422 crores in the previous year. The company’s underwriting profit of Rs 79 crores in FY 18 – 19...
by AIP Online Bureau | Apr 26, 2019 | Eco/Invest/Demography, International News, Risk Management
The UK and Australia have advised their citizens not to travel to Sri Lanka unless their journey is essential as terrorists were "likely" to carry out further attacks in the country, following the deadly Easter Sunday bombings that killed 253 people...
