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US Indian national pleads guilty to defrauding telephone providers insurance firms of millions of dollars

by AIP Online Bureau | Aug 31, 2023 | International News

According to documents, from June 2013 through June 2019, Bhavsar was involved in a widespread scheme to defraud cellular telephone providers and insurance companies using the US Postal Service mail system, as well as other third-party mail carriers Washington: An...

NCLT reserves order on Torrent Investent’s plea against lenders on bidding

by AIP Online Bureau | Aug 31, 2023 | Indian News, Life, Non-Life

In its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL’s Rs 9,650 crore resolution plan it will become infructuous if the apex court rules against the Committee of Creditors (CoC) decision on the...
Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs

Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs

by AIP Online Bureau | Aug 30, 2023 | Indian News, Life, Non-Life

Mukesh Ambani,Chairman,Reliance Industries Limited Korn Ferry and Spencer Stuart Inc. are among the firms that have held talks with representatives from the petrochemicals-to-consumer conglomerate, the people said. Jio Financial will look to hire a chief executives...
Insurers have to provide key details of health policies separately to customers: IRDAI

Insurers have to provide key details of health policies separately to customers: IRDAI

by AIP Online Bureau | Aug 30, 2023 | Health, Indian News, Non-Life, Regulation

The separate information sheet accompanying a health insurance policy has to be also signed by the customer before policy is getting issued by the insurer Hyderabad: Further streamlining the customer friendly features in a health insurance policy, segment regulator...
Air pollution greatest global threat to human health: Study

Air pollution greatest global threat to human health: Study

by AIP Online Bureau | Aug 30, 2023 | Eco/Invest/Demography, Features, Non-Life, Risk Management

Globally, South Asia is the worst impacted region. Bangladesh, India, Nepal and Pakistan are in order the top four most polluted countries in terms of annualized, population-weighted averages of fine particulate matter, which are detected by satellites and defined as...

Human-caused climate change may lead to 1 billion premature deaths over next century: Study

by AIP Online Bureau | Aug 30, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

The study, published in the journal Energies, proposes aggressive energy policies that would enable immediate and substantive decreases to carbon emissions. It also recommends a heightened level of government, corporate and citizen action to accelerate the...
Compensation claims in road accidents need not be proven like criminal cases: HC

Compensation claims in road accidents need not be proven like criminal cases: HC

by AIP Online Bureau | Aug 30, 2023 | Indian News, Non-Life

“A holistic view of the evidence has to be taken into consideration by the tribunal and strict proof of an accident caused by a particular vehicle in a particular manner need not be established by the claimants. The claimants have to establish their case on the...

DFS asks GIPSA to include GIC Re and AIC as its members

by AIP Online Bureau | Aug 29, 2023 | Indian News, Non-Life, Policy, Workplace/Employee Benefits

The move by the DFS has come at a time when GIC Re had already expressed its desire to the DFS to be treated separately from the rest of PSU general insurers in some areas particularly deciding wages and allowances of its employees New Delhi: The Department of...

India braces for driest August since 1901 amid intensifying El Nino

by AIP Online Bureau | Aug 29, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Normal rainfall is critical for India’s agricultural landscape, with 52 per cent of the net cultivated area relying on it. Additionally, it plays a crucial role in replenishing reservoirs essential for drinking water and power generation throughout the country....

Gujarat witnesses 49% surge in crorepati taxpayers

by AIP Online Bureau | Aug 29, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Comparatively, the count of individuals with taxable income exceeding Rs 1 crore surged by 4,500, reaching a record-breaking figure of 14,000, as indicated by official statistics, in contrast to the 9,300 individuals in the same bracket in the preceding year of 2021....
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