Risk Management
Important to address concerns quickly in cyber era, Nestle CEO on Maggi crisis learning
Global food and beverage company Nestle said it is important to address concerns quickly in this era of social media and this has been a key learning from the 2015 Maggi crisis in India, said a top company official. The company also said staying closely...
Boeing defends 737 safety as first U.S. lawsuit filed over Lion Air crash
Boeing Co. has been sued in what may be the first U.S. claim tied to the crash of Lion Air Flight 610, which dove into the Java Sea after taking off from Jakarta Oct. 29. Irianto, the father of Dr. Rio Nanda Pratama, an Indonesian...
India won't achieve 2-degree cut in global warming by 2030, says report
New Delhi: India will not be able to reduce global warming by 2 degrees Celsius by 2030 as envisaged in the landmark Paris Agreement due to gaps between the projections and the current policies of the government aimed at achieving it, according to a new...
Draft Brexit deal ends Britain's easy access to EU financial markets
LONDON: The United Kingdom and the European Union have agreed a deal that will give London’s vast financial center only a basic level of access to the bloc’s markets after Brexit. The agreement will be based on the EU’s existing system of financial market access...
Mary Roth, CEO, RIMS, handing over ERM award to NKV Roopkumar, EVP, SBI Life in Mumbai
SBI Life bags RIMS first India ERM award
Mumbai: SBI Life Insurance has bagged the Enterprise Risk Management(ERM) Award of Distinction in 2018 from the RIMS, the US based risk management society, for its outstanding efforts to deliver enterprise-wide risk management solutions that address dominant risks while uncovering financial savings, presented . The...
El Nino may hit Indian Rabi Crop in Fy 2018-19:JBA Flood Model
Singapore: JBA Risk Management (JBA), a global leader in flood risk management, has launched a new India Crop catastrophe model for the (re)insurance market. More commonly known for market leading flood maps and models,JBA has collaborated with Chaucer through its platform in Singapore to develop...
Cyber-attacks, volatile weather top risks for India Inc:Marsh-RIMS study
MUMBAI: Large scale cyber-attacks, massive incidents of data theft, and extreme weather events are the top three risks for India Inc., says a joint study by Marsh, a global leader in insurance broking, and RIMS, the risk management society™. In fact, some 88 per cent...
Cyclone 'Gaja' to intensify in next 24 hours
Chennai: A deep depression in the bay of bengal has intensified into a cyclonic storm and is likely to cross the North Tamil Nadu and South Andhra Pradesh coast between Cuddalore and Sriharikota on November 15, regional weather office here said on November 11. The...
India witnesses over 4.36 lakh cyberattacks from Russia, US
New Delhi: Russia, the US, China and the Netherlands were the top countries from where cybercriminals attacked users in India, with over 6.95 lakh such incidents between January-June 2018, according to cyber-security firm F-Secure. Interestingly, the top 5 countries that cyberattackers from India targeted were...
IndiGo upgrades 125 orders of A320neo jets for a bigger sister model
Mumbai: Airbus SE's latest monthly order tally signaled a big change for India’s IndiGo. The planemaker’s biggest customer for the A320neo is upgrading 125 of its existing orders for the narrowbody’s bigger sister model. Indigo, one of the few Indian carriers with enough cash to...
