by AIP Online Bureau | Jan 7, 2023 | Eco/Invest/Demography, Regulation, Technology
Chinese billionaire Jack Ma Ma only owns a 10% stake in Ant, an affiliate of e-commerce giant Alibaba Group Holding Ltd, but has exercised control over the company through related entities, according to Ant’s IPO prospectus filed with the exchanges in 2020....
by AIP Online Bureau | Jan 7, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
The six entities are — Bahwan Cybertek, Crediwatch Information Analytics, enStage Software (Wibmo), HSBC in collaboration with Wibmo, napID Cybersec and Trusting Social Mumbai: Six entities, including HSBC and Creditwatch, have been allowed to test their fintech...
by AIP Online Bureau | Jan 7, 2023 | Eco/Invest/Demography
Last year, the U.N. organization’s Food Price Index hit the highest level since its records began in 1961, according to FAO data. Russia’s invasion of Ukraine in February exacerbated a food crisis because the two countries were leading global suppliers of...
by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Supratim Bandyopadhyay, Chairman,PFRDA On launching of the Minimum Assured Return Scheme (MARS) under the National Pension System (NPS), PFRDA Chairman Supratim Bandyopadhyay said the board is considering it and hopefully in the next 7-10 days, approvals can take...
by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said The Black Sea is crucial for the shipment of grain, oil and oil products....
by AIP Online Bureau | Jan 6, 2023 | Facts, Technology
The vehicle also fits into existing parking spaces and can be charged at home and at EV charging stations, according to the company The company said that the vehicle is also built to meet the highest safety standards US-based firm ASKA has unveiled the first...
by AIP Online Bureau | Jan 5, 2023 | Indian News, Non-Life
Singh, who is supposed to retire in June end, will now opt for VRS to take charge of his new assignment at the GI Council at the earliest. The council will also have a new chairman shortly as Anjan Dey, CMD, Oriental Insurance Company(OIC), who is also heading the...
by AIP Online Bureau | Jan 5, 2023 | Banking & Bancassurance, Indian News, Life, Policy, Regulation
The government had requested Sebi to treat its residual stake in IDBI Bank as a financial investment since it would not exercise any control over the bank or have any special rights The government would also not have any representation on the bank’s board The...
by AIP Online Bureau | Jan 5, 2023 | Eco/Invest/Demography, Facts, Health
“The China CDC analysis showed a predominance of Omicron lineages BA.5.2 and BF.7 among locally acquired infections. BA.5.2 and BF.7 together accounted for 97.5 per cent of all local infections per genomic sequencing.” Geneva: The World Health Organization on...
by AIP Online Bureau | Jan 5, 2023 | Data, Eco/Invest/Demography, Non-Life
The passenger vehicle (PV) category during this period continued to gain new grounds by clocking 34.31 lakh retails during the full year. This is by far, the highest retails which PV has done till date.” Singhania, however, lamented that the two-wheeler segment...
