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Eco/Invest/Demography

Sex scandal in Alibaba sparks #MeToo moment in China

“An Alibaba executive raped his female employee, but the company has taken no action!” she screamed, handing out the leaflets to stunned colleagues until security guards forcibly removed her. “No one is taking responsibility!”

The allegations she printed on those pages, and in a lengthy post over the weekend that went viral on China’s tightly controlled internet, are now reverberating across the upper echelons of Alibaba and in C-suites across much of the country.

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Accenture says ransomware attack had no impact, withholds comment on data

Accenture said in a statement Wednesday that it had “identified irregular activity in one of our environments” and ” immediately contained the matter and isolated the affected servers.” It did not specify when the incident occurred — or acknowledge that it was ransomware. But the description of its response was consistent with ransomware.

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Govt ready to do everything required to revive economy, push growth: FM

Despite disturbances for political purposes, the finance ministry and corporate affairs ministry alone got seven important bills, including DICGC Amendment Bill 2021, Factoring Regulation (Amendment) Bill, 2021, Insolvency and General Insurance Business (Nationalisation) Amendment Bill, 2021, cleared in Parliament.

She also assured the industry that the government’s commitment to disinvestment and privatisation announced in the Budget 2021-22 will be met.

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Doctors, public health experts emphasise importance of consumer-friendly food, beverage warning labels

Dr Madhukar Mittal (Additional Professor, Department of Endocrinology, All India Institute of Medical Sciences (AIIMS), Jodhpur) stated that the evidence linking consumption of processed and packaged foods high in salt, sugar and fats – otherwise known as nutrients of concern – to diabetes, heart disease and various forms of cancer is irrefutable.

He further stated that “India is fast emerging as the diabetes capital of the world. Obesity is on the rise. The entire food system must act now to safeguard people’s health. The food industry tends to make its food products more palatable by adding excess sugar or salt. As a result, we are consuming unnatural levels of these harmful ingredients – far exceeding the recommended thresholds.”

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