businessfortnight

MUMBAI: May 22, 2019: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, has been conferred with the ‘Claims Excellence Award’ by the Federation of Indian Chambers of Commerce and Industry (FICCI). FICCI, the largest and oldest apex business organization in India, honored Bharti AXA Life Insurance with the prestigious recognition for its customer-friendly claims services, including dedicated claims handler and one of the best claim settlement ratios, in the life insurance sector during its 20 th Annual Insurance Conference- FINCON 2019*–recently here. Bharti axa life insurance winsficci claims excellence award ‘’The FICCI Claims Excellence Award is arecognition about our pledge to provide protection againstthe uncertainties of life and timely support to customers and their families in every possible manner in the hour of need. We have successfully maintained an improve

National, April , 2019 :Max Bupa, one of India’s leading standalone health insurance players, and HDFC Bank, one of India’s leading private sector banks, today announced the launch of ‘digital first’ propositions for the bank’s 40+ million customers, spread across its 5,000+ branches. Max Bupa is committed to provide the best bespoke and comprehensive health insurance solutions and services to HDFC Bank’s customers through a slew of digital touch points like AnyTimeHealth (ATH) machines, deep integration with HDFC Bank Net banking and digital seller apps like InstaInsure.   As part of the corporate agency arrangement with HDFC Bank, Max Bupa provides comprehensive and customisable product variants to the bank’s customers, through multiple digital touch points.The product offerings include Max Bupa’scomplete range of indemnity plans including Heartbeat, Health Companion, GoActive and Health Recharge . HDFC Bank and Max Bupalaunch Any Time Health Machines to distribute health insurance

London/ New Delhi, April , 2019 : CASE Construction Equipment, a brand of CNH Industrial N.V. (NYSE:CNHI /MI:CHI) today gave the public an insight into a sustainable, connected andtechnologically advanced future of construction at the Bauma trade show in Munich,Germany, with the unveiling of its methane-powered wheel loader concept –ProjectTETRA. Jointly developed by the CNH Industrial international design and CASE engineeringteams, this concept is a clear departure from anything seen to date in theconstruction industry. The concept reflects both the increasing importance ofalternative fuels, and demonstrates their viability in the construction environment:the concept wheel loader is powered by a proven methane engine, produced bysister brand FPT Industrial, and delivers exactly the same performance as its dieselequivalent. This is combined with cutting edge styling and an advanced operatorenvironment, which makes extensive use of touchscreen and voice control technologies. Furthermo

Mumbai, March , 2019:  For the fifth consecutive year, a global collaboration across 80 stock exchanges around the world plan to ‘Ring the Bell for Gender Equality’, to celebrate International Women’s Day 2019 (Friday, 8 March 2019). The events are a partnership between IFC, Sustainable Stock Exchanges (SSE) Initiative, UN Global Compact, UN Women, the World Federation of Exchanges and Women in ETFs, to raise awareness about the business case for women’s economic empowerment and the opportunities for the private sector to advance gender equality and sustainable development. NSE joins Global Exchanges in Ringing the Bell for Gender Equality As part of the events, participants are encouraged to make commitments to improve gender equality in their market, encourage implementation of the Women’s Empowerment Principles (WEPs), a joint initiative between UN Women and the UN Global Compact that provides holistic guidance to business on empowering women. NSE invited the women leaders from NSE

The member nations of RCEP bloc must empower their negotiators to adopt flexibility for resolving pending issues coming in the way of concluding the negotiations for the proposed mega trade agreement, Union Commerce Minister Suresh Prabhu said on March 2. The proposed mega trade deal, Regional Cooperation for Economic Partner (RCEP) agreement, is being negotiated by 16 countries — 10-member Asean group and India, Japan, China, South Korea, Australia and New Zealand. “We should empower our negotiators with mandate to show flexibilities and accommodation on outstanding and pending issues,” Prabhu said at the RCEP ministerial meeting at Siem Reap In Cambodia. He said that a lot of ground still needs to be covered this year “We should be mindful of the limitations ahead, given that there are only three more rounds this year at the technical level,” he said. So far 25 rounds of talks have been concluded but the members have yet to finalise the number of goods on which customs duty will be

China said on March 2 that it welcomed the release of language from the United State Trade Representative’s office (USTR) delaying a scheduled hike in US tariffs on $200 billion worth of Chinese goods. In a statement posted on the website of the Ministry of Commerce, citing an unidentified official at China’s State Council Tariff Commission, China said that it was aware of the USTR’s announcement to maintain tariffs at 10 percent until further notice, and welcomed the step. China says it welcomes delay on US tariff increase The USTR released language to delay a scheduled hike in tariffs on Chinese goods from 10 percent to 25 percent on Friday, ahead of the publication of a notice next Tuesday. President Donald Trump had announced the delay on Sunday as trade talks between the two sides had made progress. source: moneycontrol

The fourth edition of India Pharmaceutical Forum, held this week in Mumbai, that brings together industry leaders, regulators, and quality heads of various companies on a single platform was conspicuous with the absence of one person, who was ubiquitous and the driving force behind the industry’s most important calendar event. Weekly wrap: Indian pharma loses its powerful voice with demise of DG Shah That person is Dilip G Shah, the Secretary General of Indian Pharmaceutical Alliance (IPA), who passed away last week. Shah who was fondly called as ‘DG’, left the industry colleagues and journalists who interacted closely with him in a state of shock. The 77-year old Shah, who graduated from IIM – Ahmedabad, had a long stint at Warner-Lambert, which was later acquired by US drug giant Pfizer. In 1997, after 31 years of service, he took early retirement to start Vision Consulting Group to assist companies in evolving investor-friendly public policies and facilitate market share expansion.