A recent inspection by the Central Drugs Standard Control...
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Risk Management
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US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned
``The State Department imposed sanctions on approximately 40...
Minister of Communications cautions against AI’s unchecked risks
``Facial recognition systems have misidentified minorities with up...
Zurich Kotak General Insurance to scale up its commercial insurance portfolio, Ajey Hegde to head the unit
Sean Walker, Head of Commercial Insurance & Chief Technical Officer, APAC, said, “As Indian businesses continue to grow, Zurich Kotak is well-positioned as a key risk management partner, helping commercial customers better understand and navigate current and...
Audit bodies must address growing risks of privacy breaches, social exclusion: CAG Murmu
Girish Chandra Murmu, Comptroller and Auditor General of India "Whether during the pandemic, in the fight against climate change, or in advancing the Sustainable Development Goals (SDGs), the role of Supreme Audit Institutions(SoIs) in preserving integrity and...
Mercedes Benz fire incident may slow down EV transition in South Korea
Although batteries are a critical component in electric cars and can pose serious safety risks if not properly manufactured or managed, automakers have so far kept the identity of their battery suppliers confidential, not just in Korea but around the globe. A...
Thousands of fires are burning in the drought-wracked Amazon
Climatologists have warned for decades that events like this year’s would come to pass. Droughts in the last two decades have become much more severe and much more common. The last year — the hottest on record globally — brought Brazil’s extremes to a new level Much...
ICAI opposes proposed changes by NFRA in auditor responsibility for firms
The NFRA’s proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd., Dewan Housing and Finance Ltd. and IL&FS Group where a “mechanical reliance was placed by the principal auditor on the work of the...
Watching, mere storage of child pornography a crime: Supreme Court
The judgment authored by Justice J.B. Pardiwala suggested that the Parliament should seriously consider substituting the term “child pornography” with “child sexual exploitative and abuse material” (CSEAM) and in the meantime, the Union government may bring an...
EY-employee’s death: Experts say ‘compassion’ can reduce such incidents; demand specific policy
Stress cannot be avoided but it can be managed. In the corporate world stress is a part of our life…We need to understand how to react to that…We are the solution makers itself…" Associate Consultant at Tata Consultancy Services (TCS), Nikhil Badgujar said Pune: As...
NHRC issues notice to Labour Ministry EY-employee’s death
The National Human Rights Commission has also appointed a ‘Special Monitor’ to look into various practices and work environment leading to violations of human rights in business. The Commission has specifically constituted a ‘Core Group on Business and Human Rights’...
New Global Climate ‘Loss and Damage’ Fund names first director
Ibrahima Cheikh Diong,director-designate,The Fund for Responding to Loss and Damage This is a key step towards responding to loss and damage by bringing finance to millions of people in developing countries on the frontlines of climate change WASHINGTON: The board of...
FIR against some X users for spreading ‘misinformation’ that ‘Amul’ ghee used in Tirupati laddus
These X users spread misinformation that ghee sold under the Amul brand was used to prepare laddus which is then used as 'prasad' (offering) at the temple in Tirupati, thereby damaging the reputation of the co-operative organisation. The police also invoked provisions...