The Digital Shift: Automation for Actuaries

De-risking the Risk Business webinar series - The Digital Shift: Automation for Actuaries

US-based Novelis Inc, which is part of Hindalco Industries, on Thursday said its indirect wholly-owned arm plans to raise USD 750 million through issuance of bonds.
Novelis intends to use the net proceeds from the proposed offering to repay USD 738 million of outstanding debt and any remaining proceeds to fund cash on its balance sheet.
"Novelis Inc...today announced that its indirect wholly-owned subsidiary Novelis Corporation has priced an offering of USD 750 million aggregate principal amount of 6.875 per cent senior notes due in January 2030, which represents an increase of USD 250 million from the offering size previously announced," it informed the bourses.
Novelis Inc, a sustainable aluminum solutions provider, had reported an 18 per cent decline in net income at USD 128 million in the September quarter of 2024-25.
The firm, which deals in aluminium rolled products, had reported a net income of USD 157 million in the same period of the preceding financial year, the company h

Novelis intends to use the net proceeds from the proposed offering to repay $ 738 million of outstanding debt

Airtel, with industry-leading ARPU and subscriber growth, may also see a 60 basis points (bps) growth in operating profit margin

In a video, the company's chief, Mark Zuckerberg, said fact checking had led to 'too much censorship' and added 'to get back to our roots around free expression'

Powered by the MediaTek Dimensity 8400 Ultra chip, POCO X7 Pro 5G is expected to be priced under the Rs 30,000 mark

Inspector Roshan Kumar Singh, team Commander of the National Disaster Response Force (NDRF), confirmed that despite searching the vertical area and using heavy pumps to remove water, the water level has not decreased at the mining accident site. The operation, supported by Sonar equipment, is ongoing as water continues to flow into the mine, hindering progress.Speaking to ANI, Singh said, "We have searched the vertical area but haven't been able to find anything. We are proceeding further with taking out water from the mine... The water level has only increased and not decreased. This is a joint operation of the Navy, NDRF, and Indian Army."He also added, "The Indian Navy team, Indian army and NDRF have jointly started the search  &  rescue operation with the help of sonar equipment for the third day at the coal mine site."Earlier today, rescue operations were underway at the coal mining site, where HPS Kandari, commandant of the 1st Battalion of the National Disaster Response ...

Joint rescue operation of the Indian Army, Assam Rifles, NDRF, SDRF teams and other agencies has been underway to rescue 8 people who have been trapped in a coal mine

A surge of devotees at the Lord Venkateswara temple caused chaos during token distribution for Vaikunta Dwara Darshanam, leaving six dead and many injured

In a significant reshuffle within the Finance Ministry, senior IAS officer Arunish Chawla has been reassigned from his position as revenue secretary to head the Department of Investment and Public Asset Management (DIPAM), a move which comes three weeks ahead of the Union Budget.
DIPAM secretary Tuhin Kanta Pandey has been appointed as the new revenue secretary in place of Chawla, according to a personnel ministry order. Pandey is also the finance secretary.
The changes come at a time when the Finance Ministry is working on the the Union Budget, scheduled for presentation on February 1. Wednesday's reshuffle is seen as the government's strategic adjustments as it gears up for the crucial financial planning period ahead.
Chawla, a 1992-batch Indian Administrative Service (IAS) officer of Bihar cadre, was appointed as the revenue secretary only on December 25 last year. He was then working as the Secretary, Department of Pharmaceuticals.
He will also hold additional charge of the pos

DIPAM secretary Tuhin Kanta Pandey has been appointed as the new revenue secretary in place of Chawla

CII President Sanjiv Puri said that exports are facing headwinds while suggesting measures such as minimum import and anti-dumping duty

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

De-risking the Risk Business webinar series - The Digital Shift: Automation for Actuaries

The Digital Shift: Automation for Actuaries

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