by AIP Online Bureau | Mar 21, 2023 | Indian News, Life, Regulation
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) up to 141,299,422 equity shares by promoter and selling shareholders Bank of Baroda will offload about 89,015,734 equity shares, while Carmel Point...
by AIP Online Bureau | Mar 21, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
Around 70 per cent of the funds shall be invested for the development of the Cyclone Resilient Network which will ensure uninterrupted power supply to critical installations like hospitals, evacuation centres, water supply points, emergency control rooms and...
by AIP Online Bureau | Mar 21, 2023 | Facts, Non-Life, Risk Management, Technology
”Cybersecurity is a top priority for businesses as they continue their digitisation journey. With hybrid work becoming mainstay and services being application-driven, it is critical that organisations close the security readiness gap,” Samir Mishra,...
by AIP Online Bureau | Mar 21, 2023 | Data, Eco/Invest/Demography, Non-Life
The disposable income of middle and high-income households is rising much faster than the national average. India is going to have one of the largest young populations in the World, which usually has a greater propensity to travel,” he added “India will...
by AIP Online Bureau | Mar 20, 2023 | Indian News, Pension & Social Security, Policy
Vishwas Katkar, the striking unions coordination committee’s convenor, said the state government has ‘in principle’ agreed to extend monetary benefits equivalent to the OPS to employees who are part of the New Pension System (NPS). Mumbai:...
by AIP Online Bureau | Mar 20, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
London: Almost 20% of global corporates could face rating downgrades by 2035 due to climate vulnerabilities if such risks are not mitigated, Fitch Ratings says. “This represents the proportion of corporates that we estimate to have Climate Vulnerability Scores...
by AIP Online Bureau | Mar 20, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
“This insurance will allow Chile to receive pre-established compensation payments for up to the maximum coverage, in the event of certain high intensity parameterized seismic events that cause material damage to the country and public finances,” the ministry said. “If...
by AIP Online Bureau | Mar 20, 2023 | Health, Indian News, Pandemic
As per the revised Ccovid-19 guidelines, maintain “Physical distancing, indoor mask use, hand hygiene, Symptomatic management (hydration, anti-pyretics, antitussive) Monitor temperature and oxygen saturation (by applying a SpO probe to fingers) Stay in contact...
by AIP Online Bureau | Mar 20, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology
Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
by AIP Online Bureau | Mar 20, 2023 | Banking & Bancassurance, Data, Risk Management
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US’s top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State...
