by AIP Online Bureau | Feb 27, 2024 | Health, Indian News, Regulation
McDonald’s biggest India franchisee, Westlife Foodworld, has been defending its use of “real cheese” after media reported that state authorities last year found some products made use of so-called cheese analogues of vegetable oil, rather than real...
by AIP Online Bureau | Feb 27, 2024 | Indian News, Life, Non-Life, Regulation
However, no final decision on the matter can be taken by the lenders of RCL now as the Supreme Court’s stand on the Torrent Investment’s plea against the second round of auction held by the lenders of RCL is still pending with the apex court Mumbai: The...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...
by AIP Online Bureau | Feb 26, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Houthi assaults have continued despite waves of airstrikes by the US and the UK The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening. Hours...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Regulation, Technology
While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
by AIP Online Bureau | Feb 26, 2024 | Indian News, Life, Regulation, Technology
Karni Singh Arha, managing director, BFHL, said, “ Given Bandhan’s focus of making formal financial services available to masses, this acquisition further enhances that endeavour Mumbai: Aegon Life, a digital life insurance company, today announced the transfer of the...
by AIP Online Bureau | Feb 26, 2024 | Articles, Life, Non-Life, Regulation
It is important to note that IFRS 17 or Ind AS 117 do not alter the fundamentals of business. Good underwriting, expense efficiencies, good risk management and customer satisfaction will remain the core of business. The expected aim of the standard is to bring in more...
by AIP Online Bureau | Feb 26, 2024 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...
by AIP Online Bureau | Feb 26, 2024 | Briefs, Non-Life, Risk Management, Technology
ACKO has introduced Extended Battery Warranty plan tailored specifically for removable batteries for Electric Vehicles (EVs). The plan is available with the VIDA V1, the first EV launched under the emerging mobility brand VIDA, from Hero MotoCorp. The plan covers the...
by AIP Online Bureau | Feb 26, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Policy
“All the cities (53) should disclose the contribution by each polluting source in terms of identified pollutant as per source apportionment and progressive reduction on account of measures taken,” the tribunal said, adding that a complete report” has to be submitted...
