The planned fund would provide a clear legal mechanism to finance...
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Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must,...
UK police arrest man over hack that affected European airports
Ransomware gangs routinely publicise attacks and leak stolen data...
Canadian school boards sue social media giants for over C$4 bln in damages
The products are “negligently designed for compulsive use, have rewired the way children think, behave and learn,” a joint statement by the boards said. That has caused learning and mental health crises in students, resulting in the schools having to invest more in...
India’s most innovative cities are running out of water
Tech professionals are leaving India’s IT hub of Bengaluru amid an intensifying drought that has gripped the city as it sweats through another torrid pre-monsoon season, the Deccan Herald reported this month. More than half of the wells the city depends on for...
Apr 1 Renewals: Transitioning’ property catastrophe sector heralds buyers’ market, says Aon
George Attard, CEO of Asia Pacific for Aon’s Reinsurance Solutions, said, “The April 1st reinsurance renewals were more predictable and generally favorable to reinsurance buyers. As mid-year renewals get under way for the catastrophe-exposed markets of Florida,...
Apr 1 renewals: Surprisingly, Indian general insurance market turns soft, GIC Re bounces back with a larger capacity
``With a robust solvency ratio of 2.94 , we remain bullish and will grow our top line in this Apr 1 renewals. We have engaged with the market participants, especially the bigger ones. And my team is speaking to the reinsurance people to ensure that we understand what...
Building a new Key Bridge could take years and cost at least $400 million, experts say
The Key Bridge collapsed Tuesday, killing six members of a crew that was working on the span, after the Dali cargo ship plowed into one its supports. Officials are scrambling to clean up and rebuild after the accident, which has shuttered the city's busy port and a...
Delhi HC to examine Google’s advertising terms for legal remedies in India
Justice Pratibha M. Singh was hearing a plea filed by Startupwala Private Limited against Google India Private Limited, challenging the conditions under which their digital advertisements were disapproved or labelled as 'Limited' New Delhi: The Delhi High Court has...
Centre issues advisory against mobile calls impersonating DoT
The DoT also issued advisory about WhatsApp calls from foreign origin mobile numbers (like +92) impersonating government officials and duping the people. "Cyber criminals through such calls try to threaten/steal personal information to carry out cyber-crime/financial...
Deepfakes in a democratic country like India a big concern: PM Modi
Narendra Modi,Prime Minister "Someone can even misuse my voice to deceive people and such a deepfake can trigger widespread uproar. We need to think about creating robust dos and don'ts on deepfakes," the Prime Minister told Bill Gates New Delhi: Prime Minister...
Foreign firms’ losses from exiting Russia top $107 billion
Moscow demands discounts of at least 50% on foreign asset sales and has steadily tightened exit requirements, often accepting nominal fees as little as one rouble.So far this year, sales of assets owned by Shell, HSBC, Polymetal International and Yandex have been...
Sanlam Life Insurance sells over 59 lakh shares of Shriram Finance for Rs 1,427 crore
According to the block deal data available with the National Stock Exchange (NSE), Sanlam Life Insurance Ltd sold 59.80 lakh shares, amounting to a 1.6 per cent stake of the company Mumbai: Sanlam Life Insurance -- one of the promoters of Shriram Finance -- on...