The EU’s plan to simplify the Corporate Sustainability Due...
Category:
Risk Management
Latest
AAI says 32 airports to resume operations as tensions ease on India-Pakistan border
In a statement on Monday, state-owned AAI said the 32 airports that...
Re/insurers keep a close watch on elevated Indian risks
Industry sources have said risk perception of Indian market has...
Corporate financial health to worsen, says Janus Henderson
While companies’ financial metrics have been resilient so far, the second half of 2023 is when corporate margins will decline as weaker consumer confidence and higher interest rates bite, the study found The risk premium on euro and U.S. investment-grade corporate...
U.S. firms in Taiwan making ‘contingency’ plans amid China tensions
In a survey released on Tuesday, which took place between Nov. 15 and Dec. 16, AmCham Taiwan said 33% of respondents said their operations had been “significantly disrupted” by the increase in tensions, compared with 17% when it did a flash survey in August right...
Nepal plane crash probe reportedly shows both engines lost power
The disaster added to the Himalayan country’s reputation as the world’s most dangerous place to fly. According to Aviation Safety Network data, the fatal crash was the 11th in Nepal in as many years A Yeti Airlines plane that crashed in Nepal last month had no engine...
Rethink needed to regulate Big Tech in finance, says BIS official
Data-rich Big Tech companies such as Alibaba and Amazon have been involved for some time in financial services such as banking, payments, asset management and insurance, with some also providing cloud computing to run key services for banks Their size and reach in...
Banks’ exposure to Adani group “insufficient”, face limited risk: Fitch
''Fitch Ratings believes that Indian banks' exposure to the Adani group is insufficient in itself to present a substantial risk to the banks' standalone credit profiles,'' the rating agency said in a note. New Delhi: Indian banks' exposure to Adani group is...
Edelweiss General Insurance rebrands itself as Zuno General Insurance
Shanai Ghosh, MD & CEO, Zuno General Insurance, said, “Telematics is a silver lining for motor insurance industry in India. It allows us to offer personalized solutions and experience to our customers. Given the exponential growth of smartphone users in the...
Hackers who breached ION say ransom paid; company declines comment
The ransomware outbreak that erupted at ION on Tuesday has disrupted trading and clearing of exchange-traded financial derivatives, causing problems for scores of brokers, sources familiar with the matter told Reuters this week. The hackers who claimed responsibility...
50 govt websites hacked, 8 data breaches in 2022-23 alone: IT Minister informs Rajya Sabha
" There have been attempts from time to time to launch cyber-attacks on Indian cyberspace from both outside and within the country. It has been observed that such attacks compromised computer systems located in different parts of the world and use masquerading...
Citigroup wealth unit stops margin loans against India Adani’s securities – source SI
The group's flagship firm Adani Enterprises called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by the U.S. short-seller's criticisms wiped billions more off the value of the Indian tycoon's stocks. Singapore: Citigroup's...
Reputational Risk: Kidnapped for ransom, 26/11 survivor Gautam Adani faces his biggest challenge yet
Gautam Adani,Founder of Adani Group Hindenburg Research, a tiny New York firm that specialises in short selling, brought out a scathing report that has led to his group shedding more than USD 50 billion in market value in just two trading sessions and Adani himself...