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April Heatwave: Calls for comprehensive heat action plans

April Heatwave: Calls for comprehensive heat action plans

by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Features, Health, Non-Life, Policy, Workplace/Employee Benefits

Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat Annu Mishra kept her modest food stall shut as temperatures in Odisha’s Bhubaneswar...

1 per cent of GDP lost, 49 per cent of young adults consume tobacco: KPMG report

by AIP Online Bureau | May 15, 2024 | Data, Eco/Invest/Demography, Health, Non-Life, Risk Management

Dr Narender Saini, Former General Secretary of the Indian Medical Association, said “Tobacco use affects both the health and economy. The burden of tobacco-related morbidity and mortality has been on the rise. Respiratory ailments, cardiovascular diseases and...

HDFC Life announces highest-ever bonus of Rs 3,722 cr on participating plans

by AIP Online Bureau | May 15, 2024 | Briefs, Life

HDFC Life has announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the company’s board meeting in April 2024 benefitting 22- 23 lakh policyholders. Out of the total bonus amount, Rs 2,798 crore will be disbursed to policies in the current...
Rushabh Gandhi to succeed R M Vishakha as MD&CEO of IndiaFirst life Insurance

Rushabh Gandhi to succeed R M Vishakha as MD&CEO of IndiaFirst life Insurance

by AIP Online Bureau | May 15, 2024 | Indian News, Life, Regulation

Rushabh Gandhi, MD&CEO designate, IndiaFirst Life Insurance Rushabh Gandhi has over 29 years of experience in the financial services industry and across national and international markets Mumbai: As planned earlier, the board of IndiaFirst Life Insurance has...
Sebi allows LIC 3-yrs from now to comply with 10% minimum public shareholding norms

Sebi allows LIC 3-yrs from now to comply with 10% minimum public shareholding norms

by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation

The corporation now has to achieve 10 per cent public shareholding on or before May 16, 2027 Mumbai: The capital market regulator Sebi has allowed Life Insurance Corporation(LIC) three more years from now to comply with its minimum public shareholding (MPS) norms of...

ISRO: Earth Impacted by Intense Solar Storm

by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

”This is the biggest geomagnetic storm since 2003 in terms of its strength, as the flaring region on the Sun was as big as the historically important Carrington event that took place in 1859,” ISRO said in a statement. Bengaluru: A powerful solar storm...

The Indian Chest Society unveils special booklet on cough management

by AIP Online Bureau | May 15, 2024 | Facts, Health

With dedicated sections on both dry and wet cough management, considerations regarding red flags, appropriate times for specialist referral, the relevance of fixed-dose combinations (FDCs), and a critical examination of banned FDCs in India, the booklet offers...

Asia’s extreme April heat worsened by climate change, scientists say

by AIP Online Bureau | May 15, 2024 | Disaster & Management, Eco/Invest/Demography, Health, International News, Risk Management, Workplace/Employee Benefits

“Heatwaves have always happened. But the additional heat, driven by emissions from oil, gas and coal, is resulting in death for many people.” In the Philippines, one of the worst-hit countries, authorities issued health warnings, shut down schools and...
Digit raises Rs. 1,176.59 crore from anchor investors

Digit raises Rs. 1,176.59 crore from anchor investors

by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to almost Rs 394.31 crore which is 33.51 per cent of the total anchor book...

Govt entrusts NIA’s financial and administrative powers to both of its EDs

by AIP Online Bureau | May 14, 2024 | Briefs, Non-Life

The government has made some temporary arrangements to manage the day to day functioning of New India Assurance after Neerja Kapur retired as CMD of the company in Apr end. The ministry of finance on Monday has entrusted the financial, administrative powers and...
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