E-commerce players need to submit an audit report to the department...
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Risk Management
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Royal Sundaram appoints Vedanarayanan Seshadri as its new MD
. Vedanarayanan Seshadri (Veda),MD&CEO, Royal Sundaram General...
Maritime Safety: New risks and challenges for Shipping Industry
“Although recent sanctions are making it harder for these vessels...
Zero tolerance on spurious medicines, 71 firms issued notices: Mandaviya on cough syrup row
Union Health Minister Mansukh Mandaviya said, ''We have conducted risk-based analysis at more than 125 companies and our squads have visited their facilities. Of these, 71 companies have been served show-cause notices and 18 have been given closure notices.'' New...
Behind aviation recovery, suppliers struggle to keep up
But there is an emerging consensus that the industry’s sprawling supply chain – strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic – will have to be remade before it can recover fully, a process that will take years...
Microsoft says early June disruptions to Outlook, Cloud Platform were cyberattacks
A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. It claimed responsibility on its Telegram social media channel at the time. Some security researchers believe the group to be Russian In early June, sporadic but serious...
Rising cyberttack on EU’s renewable sector, nightmares for European power chiefs
Sophistication of Russian cyberattacks against Ukraine had provided a wake-up call to how vulnerable digitalized and interconnected power systems could be to attackers. They’re nervously monitoring a hybrid war where physical energy infrastructure has already been...
Govt plans to ask lawyers to report clients’ dubious transactions- sources
"As jewellers, real estate agents, chartered accountants, and company service providers have been made reporting entities under PMLA, lawyers will be brought under the money laundering law next," one of the sources said NEW DELHI: The government is planning to ask...
How Europe is leading the world in the push to regulate AI
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
EU orders Google to break up digital ad business over competition concerns
It's the first time the bloc has ordered a tech giant to split up keys of business. The European Commission, the bloc's executive branch and top antitrust enforcer, said that its preliminary view after an investigation is that only the mandatory divestment by Google...
Emerging Risks: From frozen Arctic to hacking AI
Patrick Raaflaub, Swiss Re's Group Chief Risk Officer, said: "The concurrent increases in economic interests, environmental change and geopolitical tensions make the Arctic a hotbed for emerging risks and potential risk accumulation. With SONAR, we aim to proactively...
Gujarat braces for Cyclone Biparjoy; landfall likely on June 15, 7,500 moved to safety
Two of India biggest ports - Mundra and Kandla - are in the Gulf of Kutch, while the Jamnagar refinery, the world's biggest oil refinery complex owned by Reliance Industries, is based in Saurashtra Ahmedabad: A storm off India's west coast has strengthened to become a...
Reports of breach of data from CoWIN without any basis: Health Ministry
''It is clarified that all such reports are without any basis and mischievous in nature. Co-WIN portal of Health Ministry is completely safe with adequate safeguards for data privacy,'' it said. The ministry, however, said it has requested the Indian Computer...