Sources said that at least 18 airports in the northern and western...
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India reserves right to retaliate if UK’s proposed carbon tax hits exports: Official
According to economic think tank GTRI, India's exports worth $775...
Gallagher expands in Türkiye with acquisition of Aspera
This move marks further investment by Gallagher as the country...
Key management personnel of Indian auto firms have poor understanding of compliance obligations: Report
"…it was discovered that the KMPs (key management personnel) in Indian automobile companies have a poor understanding of compliance obligations in over 80 per cent of the instances," the report said, citing a survey conducted by TeamLease Regtech. As a result, it...
Govt-appointed appellate panels to be set up in 3 months for resolving social media users’ grievances
The IT rules changes have been in the works for months, though, ever since users red-flagged instances of digital platforms acting arbitrarily. The latest move will arm the users with a grievance appeal mechanism in the form of appellate committees that will look into...
Unilever recalls aerosol dry shampoos over cancer risk
The move once again raises questions about the safety of aerosols in personal-care products. In the past year and a half, a number of aerosol sunscreens have been pulled from shelves, such as Johnson & Johnson’s Neutrogena, Edgewell Personal Care Co.’s Banana Boat...
Amazon faces $1B class action lawsuit in the UK over Buy Box
The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant. Amazon is facing a USD 1 billion class action...
Global cost of cybercrime may reach $10.5 trillion by 2025: Interpol
Jurgen Stock,Secretary General,Interpol Interpol Secretary General Jurgen Stock said Interpol had developed its global stop-payment mechanism, the Anti-Money Laundering Rapid Response Protocol, which in the past 10 months alone had helped members recover more than $60...
DGCA asks SpiceJet to get engine oil samples of entire Q400 fleet examined
DGCA had initiated the probe after a SpiceJet flight made an emergency landing at Hyderabad airport after smoke was detected in the cabin on October 12. New Delhi: Following a recent incident of smoke in a SpiceJet plane cabin, the aviation regulator DGCA has directed...
Cyber attack hits IT systems of Tata Power
Tata Power Company Limited had a cyber attack on its IT infrastructure impacting some of its IT systems, a BSE filing said Mumbai: Tata Power on Friday said that a cyber attack has hit its Information Technology (IT) infrastructure and affected its systems. Tata Power...
Elon Musk under federal investigation, reveals latest Twitter court filing
Elon Musk,CEO,Tesla In the court filing, Twitter without delving into details of the matter, simply said that they are looking into Musk's "conduct" linked to the deal. The main scrutiny seems to be on Musk's legal team Tesla CEO Elon Musk is being investigated by the...
APAC life insurers’ large liquidity positions limit derivative exposure risks
Japanese life insurers’ derivative-related exposures are higher than those of other insurers in the region, primarily because of hedged foreign-exchange risks, mainly against the US dollar. Generally, 50%-90% of these currency risks are hedged and transactions are...
Crypto hackers set for record year after looting over $3 billion: Report
At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc. Most of the targets are...