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Staff warned off whistleblower hotlines, says global survey

by AIP Online Bureau | Jun 6, 2024 | International News, Risk Management, Technology

Against a backdrop of geopolitical and economic challenges, more employees would consider dishonest behavior than two years ago. Nearly 40% of all respondents – and two-thirds of board members – said they were willing to behave unethically to improve their career or...

Delhi ACB uncovers alarming discrepancies in 44 private hospitals

by AIP Online Bureau | Jun 6, 2024 | Health, Indian News, Policy, Regulation, Risk Management

The ACB inspected 62 medical facilities in Delhi, revealing several were operating without proper licenses, safety measures, or registration certificates New Delhi: The Anti-Corruption Branch (ACB) of Delhi has uncovered alarming discrepancies in 44 private hospitals,...

India’s monsoon hits key western state, may falter next week, sources say

by AIP Online Bureau | Jun 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life

“The monsoon will take a pause for few days. Except for the west coast, most of the other regions will receive less rain. Farmers need to wait for proper moisture levels in the soil before sowing summer crops and should not sow them in a hurry, the official...
ECB cuts rates even as inflation fight goes on, first time since 2019

ECB cuts rates even as inflation fight goes on, first time since 2019

by AIP Online Bureau | Jun 6, 2024 | Eco/Invest/Demography, International News, Risk Management

Christine Lagarde,President,ECB “We are not pre-comitting to a particular rate path,” ECB President Christine Lagarde told a press conference, reading from the Governing Council’s statement FRANKFURT: The European Central Bank went ahead with its...
Sensex jumps 692 points, Nifty closes above 22,800

Sensex jumps 692 points, Nifty closes above 22,800

by AIP Online Bureau | Jun 6, 2024 | Eco/Invest/Demography, Indian News, Policy

Indian equity benchmarks closed in green for a second consecutive day on Thursday as India VIX declined over 11 per cent Mumbai: Stock markets rallied for the second straight day on Thursday with the benchmark Sensex jumping nearly 693 points on easing political...
PNB MetLife India Insurance appoints Sameer Bansal as MD & CEO

PNB MetLife India Insurance appoints Sameer Bansal as MD & CEO

by AIP Online Bureau | Jun 6, 2024 | Indian News, Life

Sameer Bansal, MD and CEO designate, PNB MetLife , Bansal had joined PNB MetLife India insurance in 2007 and is currently chief distribution officer and a member of the leadership team New Delhi: PNB MetLife India Insurance announced today the appointment of Sameer...
Canadian billionaire Prem Watsa to step down as Fairfax India chairman, replaced by son Benjamin

Canadian billionaire Prem Watsa to step down as Fairfax India chairman, replaced by son Benjamin

by AIP Online Bureau | Jun 5, 2024 | Indian News, Non-Life

Benjamin Watsa, chairman, Fairfax India Holdings Corp The firm also hired insider Gopalakrishnan Soundarajan as its new CEO, with effect from July 1, replacing Chandran Ratnaswami, who will transition to the role of executive vice chairman Toronto: Fairfax India...

Climate change made deadly Brazil floods twice as likely

by AIP Online Bureau | Jun 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Factors besides climate change — such as poor flood-control infrastructure and deforestation — played a role in making the floods more destructive. But it was the interplay between climate change and El Niño, the occasional warming of the eastern equatorial Pacific,...
Google ad tech class action gets go ahead from London court

Google ad tech class action gets go ahead from London court

by AIP Online Bureau | Jun 5, 2024 | International News, Policy, Regulation, Technology

Should the claimants prove that the Alphabet Inc. unit preferred its online advertising services over competitors between January 2014 and November 2022 they estimate damages as high as £13.6 billion ($17.4 billion) The UK’s Competition Appeal Tribunal unanimously...

RBI approves Zurich Insurance deal to buy 70 per cent in Kotak General Insurance

by AIP Online Bureau | Jun 5, 2024 | Banking & Bancassurance, Non-Life, Regulation

In February, Zurich Insurance had said it would acquire a 70 percent stake in the insurance company for Rs 5,560 crore in a single tranche New Delhi: Kotak Mahindra Bank on Wednesday said it has received the Reserve Bank of India’s (RBI) approval to sell a 70...
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