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INDIAN (B) | Huewire | Opnion News | Forum |Diversity In America - Part 181

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INDIAN (B)

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INDIAN (B)

HDFC to buy Apollo Munich Health Insurance

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HDFC has said it will buy a 51.2% stake in Apollo Hospital Group’s insurance arm, Apollo Munich Health Insurance Company for Rs 1,347 crore. German reinsurance company Munich Re, which formed the joint venture with Chennai-based Apollo Hospitals, will pay Rs 294 crore to Apollo Hospitals Enterprise Ltd and Apollo Energy Ltd as termination fee.



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INDIAN (B)

GDP numbers: EAC-PM rejects ex-CEA's claims

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The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday rejected the claims of former CEA Arvind Subramanian regarding over-estimation of GDP numbers and said that India’s current methodology is at par with its global standing as a responsible, transparent and well-managed economy.



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INDIAN (B)

Bill to lift green card cap amended for US workers

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The US issues 1.40 lakh employment-based green cards annually but not more than 7% can go to nationals of any one country. With a high influx of the Indians in the US, it has resulted in a heavy backlog. Now the bill called ‘The Fairness for High Skilled Immigrants Act (S.386)’, has been amended to not only clear the backlog but to protect interests of American workers.



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INDIAN (B)

Anil Ambani may be out of billionaire club

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At Tuesday’s close of trading on Dalal Street, the combined market capitalisation of all of Anil Ambani-controlled Reliance Group companies was nearly Rs 5,400 crore, or about $773 million. Anil Ambani holds less than 75% stake in each of the six companies in his group. Younger of the two Ambani brothers, Anil’s worth much less than the billion-dollar mark.



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INDIAN (B)

What Air India chief said on crew's tiffin fight

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Air India chairman Ashwani Lohani said: “This nonsense has to stop and will stop”, taking a very strict view of the fight between a pilot and a flight purser on Bengaluru-Kolkata flight who have been summoned to Delhi HQ on Thursday for questioning. TOI reported on Wednesday how a captain and a crew member fought when the former reportedly asked the latter to rinse his tiffin.



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INDIAN (B)

ED may summon Naresh Goyal in Jet privilege case

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Jet Airways incorporated Jet Privilege Pvt Ltd (JPPL) as a wholly owned unit in 2012. After Etihad bought a 50.1% stake, it was hived off as an independent entity. Jet Airways holds the remaining 49.9%. In May, the ED called senior executives of the airline to question about the $150 million stake sale in JPPL. Now, the ED is likely to summon founder Naresh Goyal for the same.



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