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BlackBerry files patent infringement claims against Twitter

by AIP Online Bureau | Mar 4, 2019 | International News, Risk Management, Technology

  BlackBerry Ltd. on Wednesday filed a patent infringement lawsuit accusing Twitter Inc. of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker.   The lawsuit said Twitter wrongly sought to...

U.S. bans Lithium Battery Cargo on passenger planes

by AIP Online Bureau | Mar 4, 2019 | International News, Risk Management, Technology

The U.S. government said on Wednesday it is issuing new rules barring airlines from carrying potentially hazardous lithium-ion cells and batteries as cargo on passenger aircraft, and setting new requirements for transporting them on cargo planes.   The U.S....

What happened to MH370? Malaysia open to proposals to revive flight hunt

by AIP Online Bureau | Mar 4, 2019 | International News, Non-Life, Risk Management

   Kuala Lumpur:  Malaysia is open to restarting the hunt for Flight MH370 if firms come forward with credible leads and concrete proposals, the transport minister said Sunday, five years on from the plane's disappearance.   The Malaysia...

FPI inflows into Indian equities hit 15-month high of Rs 17,220 cr in Feb

by AIP Online Bureau | Mar 3, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Foreign investors poured in close to Rs 17,220 crore on a net basis into Indian equities in February this year, the highest since November 2017, amid clarity on government spending plans and positive sentiments. Foreign portfolio investors had pumped in...

Aadhaar can be used voluntarily as ID proof, President signs ordinance

by AIP Online Bureau | Mar 3, 2019 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: President Ram Nath Kovind has given his assent to an ordinance that allows voluntary use of Aadhaar as ID proof for obtaining mobile SIM cards and opening bank accounts.   The ordinance — necessitated because the Rajya Sabha could not...

Tomatoes May Help Fight Liver Cancer And Inflammation: Study

by AIP Online Bureau | Mar 2, 2019 | Facts, Health

Eating tomatoes could be associated with a decreased risk of liver cancer caused by high-fat diets, revealed a latest study. The study said that tomatoes are rich in lycopene- a strong antioxidant, anti-inflammatory and anti-cancer agent- adding them to your diet may...

Govt allows one more pension option for left over employees of PSU insurance cos

by AIP Online Bureau | Mar 2, 2019 | Indian News, Life, Non-Life, Pension & Social Security, Policy, Workplace/Employee Benefits

  New Delhi: Bringing cheers to almost 43,000 existing and retired employees of the public sector insurance companies, the center has at long last decided to allow one more opportunity to employees of Public Sector Insurance Companies (PSICs) who joined on...

Include special allowance in employees’ basic wage for PF deduction: SC

by AIP Online Bureau | Mar 2, 2019 | Indian News, Workplace/Employee Benefits

  New Delhi: The Supreme Court has held that special allowances paid by an employer to its employees have to be included in "basic wage" for deduction towards provident fund. The top court said this while dealing with a question on whether special...

Munich Re leads Pool Re’s £2.3bn terrorism retrocession placement

by AIP Online Bureau | Mar 1, 2019 | International News, Non-Life, Reinsurance, Risk Management

  London: Pool Re, Britain’s state-backed terrorism reinsurer, has today completed placement of its £2.3 billion retrocession programme with more than 50 international reinsurers, led by Munich Re. The programme, provided on a three-year basis, is one...

Carlyle Group acquires 9 % stake in SBI Life for Rs 4365 cr

by AIP Online Bureau | Mar 1, 2019 | Indian News, Life

  Mumbai: Global investment firm the Carlyle Group today announced it has acquired a 9 per cent stake from BNP Paribas Cardif,the foreign partner in SBI Life Insurance for  a consideration of Rs 4365 crore.   The Carlyle group paid Rs 515 per...
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