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AIIMS Delhi conducting groundbreaking research on ageing

AIIMS Delhi conducting groundbreaking research on ageing

by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Health, Technology

Driven by a team of dedicated scientists and healthcare professionals, the research initiative seeks to delve deeper into the mechanisms underlying ageing, with a focus on identifying key factors that influence lifespan and quality of life in later years The...
Proactive measures essential to combat cyberattacks: RBI DG

Proactive measures essential to combat cyberattacks: RBI DG

by AIP Online Bureau | May 19, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology

”The potential impact of a successful cyberattack on a bank’s operations, reputation, and financial stability cannot be overstated, underscoring the critical importance of robust cybersecurity measures and proactive risk mitigation strategies,” RBI...
“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”

“Reliance Capital asks for extra 10 days for Hinduja group asset transfer”

by AIP Online Bureau | May 19, 2024 | Indian News, Life, Non-Life, Regulation

The deadline for the transfer of Reliance Capital’s asset to Aasia Enterprises, a Hinduja Group company, ended on Friday, they added. It may be mentioned that May 27 also happens to be the deadline for the implementation of the resolution plan by the Hinduja...

Mutual Funds invest Rs 1.3 lakh crore in equities in 2024 on strong mkt performance

by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“Additionally, the steady increase in SIP contributions, which reached a new peak of Rs 20,371 crore in April 2024, indicates that investors are becoming more disciplined and confident in the market,” Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd, said...

8 of 10 business leaders globally adopting AI for growth: TCS study

by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

Most, at 65 per cent, believe AI will augment and enhance human capabilities, enabling people to focus on higher-value activities that require creativity and strategic thinking. Harrick Vin, Chief Technology Officer, TCS, said, “2023 was a year of exuberance,...
Delhi’s outdoor workers, low-income households bear brunt of deadly heat

Delhi’s outdoor workers, low-income households bear brunt of deadly heat

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Features, Health, Risk Management, Workplace/Employee Benefits

Anna Walnycki, a principal researcher on IIED’s human settlements team, said the alarming rise in extreme heat events in India due to climate change is significantly impacting health, wellbeing and productivity of all, especially those living in low-income and...

ECB warns of stability risks from global elections, geopolitics

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

Global dangers have only increased since Russia invaded Ukraine on the euro zone’s border in 2022, with the Middle East representing the latest hot spot. Elections — including Donald Trump’s bid to return to the White House in November and European Parliament polls...

EU finalises investment fund labels to combat greenwashing

by AIP Online Bureau | May 19, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management

The European Securities and Markets Authority (ESMA) said a fund that has any environmental, social or governance (ESG) related words in its name must have at least 80% of assets that meet ESG objectives in accordance with the binding elements of its stated investment...
Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May

Digit’s Rs 2,614.65 crore IPO oversubscribed 9.6 times, to list on BSE on NSE on 23rd May

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
Promoters divest 1.8 % stake in PB Fintech for Rs 1,109 cr

Promoters divest 1.8 % stake in PB Fintech for Rs 1,109 cr

by AIP Online Bureau | May 19, 2024 | Indian News, Intermediaries, Wealth Management/ Philanthropy

The shares were picked up by a clutch of domestic mutual funds (MFs), insurance companies, and foreign investors. The entities that purchased stake are HDFC Mutual Fund (MF), Axis MF, HDFC Standard Life Insurance, ICICI Prudential Life Insurance, Abu Dhabi Investment...
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