Much maligned in recent months after the Hyderabad-based software-services provider revealed it had defrauded investors and clients, the
As a result of the announcement, Bloomberg reports today that Satyam's shares rose 20%, valuing the company at 28.4 billion rupees ($550 million).
IBM has begun talks to buy Satyam, and brought in a team of lawyers and investment bankers to assess the deal, according to the Business Standard report.
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
Fortune and Great Place To Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
