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Salaries in India to increase by 10% in 2023,highest in APAC :WTW study

by AIP Online Bureau | Mar 2, 2023 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

Rajul Mathur, Consulting Leader, Work and Rewards, WTW India said, “ With a projected attrition rate as high as 24% for key talent segments, organisations need to look beyond pay increases and consider adjustments in their benefits, employee experience strategy,...
Adani-Hindenburg: SC orders setting up of panel headed by ex-judge Sapre to probe recent share crash

Adani-Hindenburg: SC orders setting up of panel headed by ex-judge Sapre to probe recent share crash

by AIP Online Bureau | Mar 2, 2023 | Eco/Invest/Demography, Indian News

The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani Group shares crash triggered by the Hindenburg Research’s fraud allegations and other regulatory aspects...
Mukesh Ambani to foray into genome testing with a $145 kit

Mukesh Ambani to foray into genome testing with a $145 kit

by AIP Online Bureau | Mar 2, 2023 | Health, Indian News, Regulation

The genome test, which is about 86% cheaper than other offerings available locally, can reveal a person’s predisposition to cancers, cardiac and neuro-degenerative ailments as well as identify inherited genetic disorders, he said. Billionaire Mukesh Ambani’s group is...

Close gender gap to increase global economic activity by $7 trn: Moody’s

by AIP Online Bureau | Mar 2, 2023 | Data, Eco/Invest/Demography

While shifting social norms is a lengthy and complex process, policies such as enforcing flexible working conditions and providing affordable childcare as well as paid maternity and paternity leave help to drive change in the right direction. Closing the gender gaps...
RCap Resolution: NCLAT allows Reliance Capital lenders’ plea for another round of bidding

RCap Resolution: NCLAT allows Reliance Capital lenders’ plea for another round of bidding

by AIP Online Bureau | Mar 2, 2023 | Indian News, Life, Non-Life

The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks The NCLAT order came on a petition filed by Vistra ITCL (India), one of the lenders of Anil Ambani-promoted Reliance Capital, challenging an order of NCLT...

Does the risk of stroke from common risk factors change as people age?

by AIP Online Bureau | Mar 2, 2023 | Facts, Health

“High blood pressure and diabetes are two important risk factors for stroke that can be managed by medication, decreasing a person’s risk,” said study author George Howard, DrPH, of the University of Alabama at Birmingham School of Public Health High...

Ensure sustainable fund for Lysosomal Storage Disorders, other rare diseases: MPs to Health Ministry

by AIP Online Bureau | Mar 2, 2023 | Health, Indian News, Policy

Nearly 50 per cent of new cases occur in children, causing 35 per cent of deaths before the age of one, 10 per cent between the ages of one and five years and 12 per cent between five and 15 years. New Delhi: Patients diagnosed with ultra-rare genetic conditions,...

Bajaj Finserv gets SEBI license to commence mutual fund business

by AIP Online Bureau | Mar 1, 2023 | Indian News, Regulation, Wealth Management/ Philanthropy

Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv, said, the approval from SEBI is strategically important for the company as it enables the firm to complete its suite of financial solutions for retail customers Mumbai: Financial services firm Bajaj...

Insurers pay Bangladesh owner $22.48 mln after ship explosion in Ukraine

by AIP Online Bureau | Mar 1, 2023 | International News, Non-Life, Reinsurance

Insurance was provided by Dhaka-based Sadharan Bima Corp. and reinsured through Lloyd’s of London player Beazley and broker Tysers, they added “All the formalities with the reinsurer are done. The amount will be remitted by tomorrow, if not today,” Syed Belal Hossain,...
Apple supplier Foxlink says working to resume production after India fire

Apple supplier Foxlink says working to resume production after India fire

by AIP Online Bureau | Mar 1, 2023 | Indian News, Non-Life, Reinsurance

Company had said that the site had been blocked off by the fire department and that four production lines were known to be damaged As the plant, equipment and inventory are covered by insurance, the fire has not yet had a significant impact on the company’s finances...
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