The development comes as tensions between Iran and the United...
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Risk Management
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SEBI warns listed firms, regulated entities against ‘Boss Scam’ involving CEO, MD impersonation
According to SEBI, fraudsters are targeting CEOs and other senior...
El Niño poses weather-driven credit risks for LatAm transportation
The Panama Canal is exposed to specific hydrological risk, as...
Modernising Indian Insurers: Technology route to transformation
Organisations that are moving towards modular systems and AI-enabled decision tools are seeing faster product development, better pricing accuracy and stronger fraud detection, says a Deloitte India’s report India’s insurance sector is entering a new phase of...
Non-scheduled, general aviation players’ 176 planes do not have cockpit, flight data recorders: Govt
Minister of State for Civil Aviation Murlidhar Mohol said that a total 2,263 aircraft were registered and issued certificates of airworthiness (C of A) before January 1, 2016. New Delhi: As many as 176 planes operated by non-scheduled and general aviation operators do...
Rising geopolitical tech risks challenge corporate governance Industry body
"India is no longer an isolated economy. Businesses today operate across multiple geographies and are influenced by global geopolitical developments, cyber risks and rapidly evolving technologies. In such an environment, internal auditors are expected to continuously...
Hindalco denies extrusions operations halt report says overall operations largely unaffected
The Aditya Birla Group-owned metals producer declared force majeure to all of its extruded aluminium customers on March 11, the notice showed NEW DELHI:Hindalco Industries on Sunday said that it has not halted operations of its aluminium extrusions business and...
Wartime Marine Risks: Navigating insurance & supply chain disruptions
One of the most common misconceptions during times of crisis is that all stakeholders in the supply chain are automatically aware of evolving risks and that insurance protection continues seamlessly. However, marine insurance operates under specific contractual...
Food safety inspections more than double in 3 years with 56,000 risk-based checks: Govt
Prataprao Jadhav,Union Minister of State for Health and Family Welfare The RBIS framework determines the frequency of inspections based on the risk associated with different food businesses, with high-risk food categories required to undergo annual inspections. New...
D-Street investors poorer by Rs 33.68 lakh cr since West Asia conflict began
Since 27 February, the benchmark 30-share BSE Sensex has fallen 6,723.27 points, or 8.27 per cent. During the same period, the total market capitalisation of BSE-listed companies has declined by Rs 33,68,419 crore, slipping to Rs 4,29,82,252.27 crore (about USD 4.65...
Iranian Envoy confirms Tehran to give safe passage to vessels bound for India via Hormuz
Mohammad Fathali,Iran's Ambassador to India Answering a question on whether Iran would allow Indian-bound ships safe transit through the Strait, which is one of the critical routes for global energy trade, Fathali said,"Yes. Because India and I are friends. You can...
Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war
The escalating tensions will hurt earnings of the firm with operations in 27 nations “very directly” as investor flight hits global equity markets and as rising fuel prices trigger inflationary pressure, which will result in higher borrowing costs.You impact consumers...
Iran laying mines in the Strait of Hormuz:UK Defense Secretary John Healey
John Healey,UK Defense Secretary The narrowness of the Strait of Hormuz — it is less than 25 miles (40 kilometers) wide at the thinnest point — makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the...