This will enhance cyber protection and validation checks in case of...
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Sebi cautions investors on stock market scams through social media platforms
Sebi has observed that such entities use various strategies to gain...
Cyberattack costs Marks & Spencer $403 million in operating profit
The British retailer will try to mitigate the impact with cost...
Consumer Affairs Dept urges online platforms to refrain from adopting ‘dark patterns’ that harm consumer interest
"It is pertinent to note that dark patterns involve using a design and choice architecture to trick, coerce or influence consumers to make choices not in their best interest. Engaging in such deceptive and manipulative conduct by using dark patterns in online...
Sebi finalising draft discussion paper over guidelines for ‘finfluencers’
''We are crystalising a discussion paper to regulate financial influencers. The paper should be ready for public comments in the next couple of months,'' said Sebi chairperson Madhabi Puri Buch With the number of such people thriving on social media platforms like...
Businesses criticize new EU data rules, consumer group sees missed opportunity
DIGITALEUROPE, whose members include Airbus, U.S. tech giants such as Amazon and Google, GFK, Nokia, Qualcomm, Philips, SAP, Siemens and Sony, said the data agreement fell short of businesses’ expectations “The Data Act will place European industry at a disadvantage...
Global initiative launched to rate corporate carbon offset claims
The Claims Code of Practice launched by the Voluntary Carbon Markets Integrity Initiative (VCMI), backed by the British government, seeks to help investors establish whether claims made by companies using carbon offsets are credible A standard to assess companies’...
Indictment details plan to steal Samsung secrets for Foxconn China project
The unreleased 18-page indictment, reviewed by Reuters, provides details in the case against former Samsung executive Choi Jinseog, including how he is alleged to have stolen Samsung's trade secrets and details about the planned Foxconn plant. SEOUL: When former...
Audi ex-boss becomes first VW board member sentenced over diesel scandal
The case is among the most prominent in the aftermath of the diesel scandal, when parent group Volkswagen and Audi admitted in 2015 to having used illegal software to cheat on emissions tests Former Audi boss Rupert Stadler was handed a suspended sentence of one year...
Safety features top concern for buyers while purchasing car: Survey
As per the findings, car’s crash rating was the top driver of customer car purchase decision with an importance score of 22.3 per cent followed by number of airbags with a score of 21.6 per cent When it comes to crash rating for cars, maximum customer preference of...
Howden appoints Rowan Douglas as CEO, Climate Risk and Resilience
Rowan Douglas as CEO, Climate Risk & Resilience Howden’s climate and resilience capabilities will span physical risks, the risks associated with de-carbonisation, the wider risks stemming from the low carbon transition and growing legal liability risks faced by...
India antitrust body examining Air India, Vistara merger -source
The Competition Commission of India (CCI) has sent a so-called "show cause" notice to Air India to explain its position, expressing concern that on some routes and categories - such as business class travel - the merged entity could have a monopoly, the source said...
Australia regulator tells Medibank to set aside $167 mln after data breach
Medibank last year disclosed that a hacker stole the personal information of 9.7 million current and former customers and released the data on the dark web in one of Australia's biggest data thefts. At least three separate class action suits have been filed against...