by AIP Online Bureau | Aug 28, 2018 | Indian News
Mumbai: Berkshire Hathaway Inc invested Rs 2500 crore ($356 million) in the Indian company behind digital payments firm Paytm, according to a source with direct knowledge of the deal, in a foray by the conglomerate into India and the financial payments...
by AIP Online Bureau | Aug 27, 2018 | Indian News
Mumbai: After taking over the IDBI Bank, the life insurance behemoth Life Insurance Corporation(LIC), with over Rs 30 trillion of assets and over 30 crore policies, has now set its eyes to develop itself as a `Global Financial Conglomerate’....
by AIP Online Bureau | Aug 26, 2018 | Indian News, Risk Management
New Delhi: The government will soon make it mandatory for unlisted companies to issue new shares only in the dematerialised form, senior officials said, amid intensified efforts to fight the black money menace. Besides, the unlisted corporates would have to...
by AIP Online Bureau | Aug 26, 2018 | Data
Mumbai: Foreign investors have pumped in a little over Rs 67 billion into the Indian capital markets so far this month on improvement on the macro front, better corporate earnings and correction in the mid and small-cap space. The latest inflow...
by AIP Online Bureau | Aug 26, 2018 | Health, Indian News
BHUBANESWAR: Union Health Minister J P Nadda today said 22 new AIIMS are coming up across the country and admitted that there was a shortage of skilled human resource in the health sector. He also said ensuring the highest standards of medical education...
by AIP Online Bureau | Aug 26, 2018 | Indian News, Risk Management
Mumbai: The Professional Risk Managers' International Association (PRMIA), having presence in 45 countries, launched its first chapter in India on Aug 21, 2018 in Mumbai. Delivering the inaugural address, Rabi N Mishra, Principal General...
by AIP Online Bureau | Aug 25, 2018 | Indian News
New Delhi: Non-life insurance firms registered a 20 per cent growth in their gross direct premium at Rs 11,714.87 crore in July 2018, according to the data by Insurance Regulatory and Development Authority of India (Irdai). The gross premium...
by AIP Online Bureau | Aug 24, 2018 | Climate, Environment, Renewable Energy, International News
Scorching summer heatwaves and downpours are set to become more extreme in the northern hemisphere as global warming makes weather patterns linger longer in the same place, scientists said. They said there was a risk of “extreme extremes” in...
by AIP Online Bureau | Aug 24, 2018 | Articles, Technology
Lending an impetus to financial inclusion A recent report by Boston Consulting Group (BCG) indicates that over the next five years, digital lending is an unmissable1 trillion-dollar opportunity. This has been spurred on by lending undergoing a massive transformation,...
by AIP Online Bureau | Aug 24, 2018 | Facts, Technology
Japan is making a push to develop flying cars, enlisting companies including Uber Technologies Inc. and Boeing Co. in a government-led group to bring airborne vehicles to the country in the next decade. The group will initially comprise 21 businesses and...
