While the UK Home Office has refused to comment on the issue, The...
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Insurers look to hike health premiums for Delhi as pollution stings
In India, insurers can vary health insurance premiums by city based...
Messages like ‘you are slim smart fair’ to unknown woman at night amount to obscenity: Court
Earlier, the accused was convicted by a magistrate court here in...
Tokio Marine Insurance hit by ransomware attack in Singapore
“At this time, we can confirm that there is no indication of a breach of any customer information nor confidential information of the group, We have appointed an external specialized vendor to perform a third-party analysis of the systems to verify scope of impact,”” said the group in the statement.
UK court sets scene for $14 bln-plus class action against MastercardL
Merricks alleges Mastercard charged excessive “interchange” fees – the fees retailers pay credit card companies when consumers use a card to shop – between May 1992 and June 2008 and that those fees were passed on to consumers as retailers raised prices.
China steps up tech scrutiny with rules over unfair competition, critical data
Specifically, the regulator stated, business operators should not use data or algorithms to hijack traffic or influence users’ choices. They may also not use technical means to illegally capture or use other business operators’ data.
Companies would also be barred from fabricating or spreading misleading information to damage the reputation of competitors and need to stop marketing practices like fake reviews and coupons or “red envelopes” – cash incentives – used to entice positive ratings.
U.S. opens formal safety probe into some 765,000 Tesla vehicles
The National Highway Traffic Safety Administration (NHTSA) said that since January 2018, it had identified 11 crashes in which Tesla models “have encountered first responder scenes and subsequently struck one or more vehicles involved with those scenes.”In a statement, the NHTSA reminded drivers “no commercially available motor vehicles today are capable of driving themselves … Certain advanced driving assistance features can promote safety by helping drivers avoid crashes and mitigate the severity of crashes that occur, but as with all technologies and equipment on motor vehicles, drivers must use them correctly and responsibly.”
Waiting for Cabinet approval, says FM on bill on cryptocurrency
The inter-ministerial panel on cryptocurrency under the Chairmanship of Secretary (Economic Affairs) to study the issues related to virtual currencies and propose specific actions has already submitted its report.
It has recommended that all private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India.
Air India cancels its only Kabul flight, diverts 2 US-Delhi flights
Senior Air India officials said the Afghanistan airspace has been declared “uncontrolled” by the Kabul airport on Monday and flights have been asked to avoid the airspace.
Retail sector top target for ransomware attack in 2020: Report
“The retail sector has always been an attractive target for cyberattacks, with its complex, distributed IT environments, including a multitude of connected point-of-sale devices, a relatively transient and non-technical workforce, and access to a wide range of personal and financial customer data,” said Chester Wisniewski, principal research scientist at Sophos, in a statement.
Sompo Global Risk Solutions to offer Epidemic and Pandemic protection
Triggered by civil authority restriction resulting from international public health emergencies declared by the World Health Organization, the new Sompo GRS Epidemic and Pandemic Protection Program provides insurance based on a number of available pre-set coverage options including loss of income, extra expense, debt servicing, supply chain disruption and other fixed costs.
In its first year, limited capacity for the program is available to Sompo GRS clients and their captives in the real estate, hospitality, financial services, professional services, technology and life sciences industries, as well as the unit’s Asian-interest accounts.
Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment
Irrespective of what the regulator decides, the dispute could become a legal headache ahead of the much-awaited IPO of Paytm, which counts China’s Alibaba and Japan’s SoftBank among its investors. Neither responded to a request for comment.
At the heart of the dispute is a one-page document signed between Saxena and Paytm’s billionaire CEO, Vijay Shekhar Sharma, in 2001. Seen by Reuters, it says Saxena was to get a 55% equity stake in Paytm’s parent, One97 Communications, with Sharma owning the rest.
Sex scandal in Alibaba sparks #MeToo moment in China
“An Alibaba executive raped his female employee, but the company has taken no action!” she screamed, handing out the leaflets to stunned colleagues until security guards forcibly removed her. “No one is taking responsibility!”
The allegations she printed on those pages, and in a lengthy post over the weekend that went viral on China’s tightly controlled internet, are now reverberating across the upper echelons of Alibaba and in C-suites across much of the country.