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FPIs take out Rs 58,711 cr from equities in Oct, DIIs come to the rescue of stock market

FPIs take out Rs 58,711 cr from equities in Oct, DIIs come to the rescue of stock market

by AIP Online Bureau | Oct 12, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

The major trend in foreign portfolio flows in October, so far, has been the sustained selling by FPIs. This trend of FII selling and DII buying is likely to sustain in the near-term, the analysts added Mumbai: Foreign investors turned net sellers in October,...

Bridge Specialty International completes acquisition of Singapore-based Acorn International Network

by AIP Online Bureau | Oct 12, 2024 | Intermediaries, International News, Non-Life, Reinsurance

Tim Coles, Chief Executive Officer of Bridge Specialty International, said: “This acquisition establishes us in the Singapore insurance market, further expanding our Asia presence and enabling us now to build a leading wholesale and specialty hub in the region. David...

US sanctions Indian company for involvement in ‘Ghost Fleet’ transporting Iranian oil

by AIP Online Bureau | Oct 12, 2024 | Eco/Invest/Demography, International News, Regulation

Under the sanctions imposed on Gabbaro, all property and any in which it has interests are frozen in the US and this applies also to persons or entities with more than 50 per cent interest in the company, the State Department notification said New York: The United...

Ancient humans were so good at surviving last ice age they didn’t have to migrate like other species – new study

by AIP Online Bureau | Oct 12, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Populations of the same species that live in different places often have different genetics to each other. More recently scientists have studied how climate change has altered the distribution of these genetically distinct populations of species Humans seem to have...

All 140 aboard Trichy-Sharjah Air India Express flight safe; DGCA orders probe

by AIP Online Bureau | Oct 12, 2024 | Indian News, Risk Management, Technology

The aircraft, after experiencing a technical snag, circled for more than two hours before landing. Following the landing, the Directorate General of Civil Aviation (DGCA) grounded the aircraft and ordered a probe, said sources Tiruchirapalli: All 140 passengers on the...
Darbhanga Bagmati express collides with a stationary goods train near Chennai ,19 injured

Darbhanga Bagmati express collides with a stationary goods train near Chennai ,19 injured

by AIP Online Bureau | Oct 12, 2024 | Indian News, Risk Management

“It was not supposed to stop here (Kavarapettai station), so it was to pass through it. After leaving Chennai, green signals were given for this train. The driver was following the signals correctly, but the train should have taken the main line. Instead, it...
Jude Gomes appointed as MD & CEO of Ageas Federal Life Insurance

Jude Gomes appointed as MD & CEO of Ageas Federal Life Insurance

by AIP Online Bureau | Oct 11, 2024 | Banking & Bancassurance, Indian News, Life

Jude Gomes, managing director & Chief Executive Officer, Ageas Federal Life Insurance Jude Gomes said, “We will establish new benchmarks and strengthen our position in India’s insurance landscape. I look forward to our new journey of growth and success...
AM Best upgrades GIC Re’s rating, assesses its business profile as favourable

AM Best upgrades GIC Re’s rating, assesses its business profile as favourable

by AIP Online Bureau | Oct 11, 2024 | Indian News, Non-Life, Reinsurance

AM Best upgraded GIC Re’s Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) Singapore: After downgrading GIC Re’s rating four years ago, AM Best on Friday has upgraded...
Bots sharing Star Health data removed; actively monitoring any recreation: Telegram

Bots sharing Star Health data removed; actively monitoring any recreation: Telegram

by AIP Online Bureau | Oct 11, 2024 | Health, Indian News, Risk Management, Technology

Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation New Delhi:...

‘Severe’ solar storm arrives at Earth

by AIP Online Bureau | Oct 11, 2024 | Disaster & Management, Eco/Invest/Demography, International News

This storm could impact ongoing recovery efforts for hurricanes Helene and Milton in several critical ways, including communication disruptions, power grids stress, and degraded GPS services, according to NOAA Los Angeles: A powerful solar storm arrived at Earth on...
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