It will also review the current safety rules and suggest new ways...
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India crash a wake-up call for aviation industry, alerts Airbus
“Safety is in everything that we do, so the tragedy in India, we...
DGCA orders detailed probe of AI’s Boeing Dreamliners, Black Box of ill fated air craft recovered
The Aircraft Accident Investigation Bureau (AAIB) has confirmed the...
Swiss Re faces $6.3 million claim over sexism, unfair dismissal
The lawsuit by Julia Sommer, 41, brought after a Swiss Re senior manager commented about her breasts, made references about sex and discriminated against her, swings the spotlight back on an industry struggling to shake off a reputation for sexism. London: A former...
Sebi to boost disclosure norms; do away with permanent board seats for individuals
Sebi also said that listed entities will be required to fill up the vacancy of Directors, Compliance Officer, Chief Executive Officer and Chief Financial Officer within a period of three months from the date of such vacancy to ensure that such critical positions are...
World Bank approves $100 million to improve disaster response in Odisha
"The Program will help Government of Odisha scale up existing social protection systems to better protect vulnerable households from climate shocks," said Auguste Tano Kouame, the World Bank's Country Director for India. Washington: The World Bank's Board of Executive...
Sebi puts in place cybersecurity framework for portfolio managers
Accordingly, all portfolio managers with asset under management of Rs 3,000 crore or more, under discretionary and non-discretionary portfolio management service taken together, as on the last date of the previous calendar month will comply with the provisions of...
Musk, experts urge pause on AI systems, citing ‘risks to society’
Elon Musk The concerns come as EU police force Europol on Monday joined a chorus of ethical and legal concerns over advanced AI like ChatGPT, warning about the potential misuse of the system in phishing attempts, disinformation and cybercrime. Elon Musk and a group of...
Sun Pharma’s income hit by ransomware
While the drugmaker is unable to determine other impacts of the breach, including cost to maintain insurance coverage and possibility of litigation, it said there would be expenses linked to the incident. Mumbai: Sun Pharmaceutical Industries expects revenue to fall...
France bans TikTok from govt devices amid cybersecurity risks
The ban brings the France in line with UK, the US, Canada and the European Union (EU) and also India – which banned TikTok entirely from the country, even as the company strongly denies sharing user data with the Chinese government. TikTok is bound by China's National...
Air India, Nepal Airlines aircraft almost collided over Kathmandu airport
The Civil Aviation Authority of Nepal (CAAN) has suspended two employees of the air traffic controller department for "carelessness", according to CAAN spokesperson Jagannath Niroula. Kathmandu: A major tragedy was averted on Friday when an Air India and a Nepal...
Hyderabad Police busts “biggest” cyber theft, apprehends 6 for selling personal data worth Rs 16.8 cr
As many as 12 mobile phones, 3 Laptops, 2 CPU's, mails and tax invoices and data of 138 categories containing sensitive information of government, private organisations and individuals were seized by police Hyderabad: Cyberabad Police apprehended a gang involved in...
ECB to publish first detailed carbon footprint
Carbon footprints measure the amount of carbon dioxide released into the atmosphere as a result of everyday activities ECB runs climate stress tests on the euro zone's commercial banks and has been increasing the penalties - or haircuts, in banking jargon - charged on...