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Health savings to outweigh costs of limiting global warming in India, China

by AIP Online Bureau | Mar 4, 2018 | Articles, Climate, Environment, Renewable Energy

Paris: The estimated cost of measures to limit Earth-warming greenhouse gas emissions can be more than offset by reductions in deaths and disease from air pollution, researchers said on Saturday.It would cost $22.1 trillion (17.9 trillion euros) to $41.6 trillion...

Last chance for medical devices firms to submit price data: NPPA

by AIP Online Bureau | Mar 4, 2018 | Health, Indian News

New Delhi: National drug pricing regulator NPPA has said medical devices makers and importers are being given the last opportunity to submit data regarding price movement of 19 medical devices notified as drugs by March 15, 2018. This is in order to monitor the price...

Axa in Advanced Talks to Buy U.S. Insurer XL Group

by AIP Online Bureau | Mar 4, 2018 | International News

Paris: Axa SA is in advanced talks to buy XL Group Ltd., a property and casualty insurer with a market value of $11 billion, people familiar with the matter said. A deal could be announced in coming days, said the people, who asked not to be identified because the...

Porsche could build flying taxis, says sales chief

by AIP Online Bureau | Mar 3, 2018 | Facts, Technology

FRANKFURT:   Volkswagen’s sports car maker Porsche could develop a flying passenger vehicle to compete with rivals in a possible market for urban air taxis and ride-sharing services, Porsche sales chief Detlev von Platen told a German magazine.  ...

Equifax says insurance covers $75 mn in breach costs, total losses to exceed $600 mn

by AIP Online Bureau | Mar 3, 2018 | International News

NEW YORK/TORONTO: Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year- offset by $75 million in insurance proceeds- suggesting the incident at the credit reporting bureau could turn out to be the most costly...

Antarctic Sea Ice Shrinks For Second-Straight Year

by AIP Online Bureau | Mar 2, 2018 | Climate, Environment, Renewable Energy, Data

SYDNEY:: Sea ice cover in Antarctica has dropped to its second-lowest on record, Australian authorities said Friday, adding that it was not yet clear what was driving the reduction after several years of record-highs.   The report came as scientists said earlier...

Videocon exits general insurance biz, sells stakes to DP Jindal and Axis’s Enam Sec

by AIP Online Bureau | Mar 2, 2018 | Indian News

Mumbai: Debt-laden consumer electronics group Videocon Industries Ltd has announced to sell its entire 51.32% stake in its insurance unit, Liberty Videocon General Insurance, to Diamond Dealtrade Ltd, part of steel pipe maker DP Jindal Group and financial services...

RMS appoints Karen White as CEO

by AIP Online Bureau | Mar 2, 2018 | International News, Risk Management

Mumbai:  RMS, the world’s leading catastrophe risk modelling and analytics company, today announces the appointment of Karen White as its new Chief Executive Officer, replacing current CEO and co-founder Hemant Shah.     Karen White is an...

Cabinet clears setting up a regulatory body NFRA to oversee auditors

by AIP Online Bureau | Mar 1, 2018 | Indian News

New Delhi: The Cabinet on Thursday approved setting up of the National Financial Reporting Authority (NFRA), which will be an independent regulator for the auditing profession.   The decision comes against the backdrop of various auditing lapses in the banking...

Maruti, Mahindra, Tata Motors post double digit growth in February

by AIP Online Bureau | Mar 1, 2018 | Indian News

NEW DELHI: Continuing the growth momentum, auto majors led by Maruti Suzuki India (MSI), Mahindra & Mahindra (M&M) and Tata Motors today posted a robust double digit growth in domestic sales in February.    While MSI reported 14.2 per cent increase...
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