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India has huge potential, the real question is speed of growth: Indra Nooyi

by AIP Online Bureau | Mar 31, 2019 | Eco/Invest/Demography, Indian News

  New York: India has a huge potential and the real question is the speed of growth and how many roadblocks it is willing to remove, former PepsiCo chairperson Indra Nooyi has said.   Nooyi, in October last year, stepped down as the CEO of the global...

Foreign investors pull out Rs 44,500 crore from Indian market in 2018-19

by AIP Online Bureau | Mar 31, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Despite heavy fund infusion by FPIs over the past two month, the domestic financial market suffered a foreign fund outflow of over Rs 44,500 crore on net basis in the fiscal 2018-19 as macroeconomic headwinds weighed on investor sentiment through the...

Jeff Bezos’ phone hacked by Saudis to access personal data: Investigator

by AIP Online Bureau | Mar 31, 2019 | Uncategorized

  The investigator hired to look into the release of intimate images of Jeff Bezos said Sunday he has concluded that Saudi Arabian authorities hacked the Amazon chief's phone to access his personal data.   Gavin de Becker linked the hack to extensive...

Zuckerberg calls for global internet regulations to address harmful content

by AIP Online Bureau | Mar 31, 2019 | International News, Risk Management, Technology

  Facebook Inc. Chief Executive Officer Mark Zuckerberg called for new global regulations governing the internet on Saturday, recommending overarching rules on hateful and violent content, election integrity, privacy and data portability.   In a statement...

GIC Re’s move to hike reinsurance prm challenged in Telengana HC

by AIP Online Bureau | Mar 31, 2019 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management

  Mumbai: Hyderabad based Laurus Labs Limited has challenged the recent circular issued by the state owned GIC Re, hiking the reinsurance rates in the eight categories of industries, in the Telengana High Court.    GIC Re, in a circular issued on Feb 21...

India’s 82 % of the population suffers from high stress levels

by AIP Online Bureau | Mar 30, 2019 | Eco/Invest/Demography, Health, Indian News

  Mumbai: According to Cigna Corporation, almost 82 percent of India’s population are suffering from stress and those in the sandwich generation (aged 35-49) are most affected with around 89 percent reporting some level of stress.    The major...

Stall-prevention system got activated on its own, says Boeing crash probe

by AIP Online Bureau | Mar 30, 2019 | International News, Non-Life

The stall-prevention system on a Boeing 737 Max jet automatically switched on before the plane crashed in Ethiopia this month, the Wall Street Journal reported, citing initial findings from the plane’s flight data.   The conclusion was relayed at a briefing...

CPI announces assured pension of Rs 9k per month

by AIP Online Bureau | Mar 30, 2019 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: The CPI on Friday announced that it would give a minimum pension of Rs 9,000 per month, grant full statehood to Delhi and Puducherry and a one-time comprehensive loan waiver for farmers as part of its manifesto for the Lok Sabha polls.   The...

US Judge allows suit against Nestle over its claim on Poland Spring Water

by AIP Online Bureau | Mar 30, 2019 | International News, Risk Management

A federal judge on Thursday rejected Nestle SA’s bid to dismiss a revised lawsuit claiming that it defrauded consumers by filling bottles of its Poland Spring water with ordinary groundwater.   U.S. District Judge Jeffrey Alker Meyer said consumers from...

US court rules dating App not liable for harassing content

by AIP Online Bureau | Mar 30, 2019 | Facts, Risk Management

  A U.S. federal appeals court refused to hold Grindr liable to a New York man who said his former boyfriend used the gay dating app to post fake profiles, in a harassment campaign that caused more than 1,000 men to approach the victim for sex.   The 3-0...
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