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Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers...
Sebi seeks greater access to social media records to curb market violations
In its latest letter sent last week, Sebi said companies such as...
Indian court deals blow to Amazon, Walmart’s Flipkart in antitrust case
Abir Roy, a lawyer for the Indian trader group Delhi Vyapar Mahasangh, told Reuters the judge’s decision effectively paves the way to restart the investigation against Amazon.com Inc and Walmart’s Flipkart , which has been on hold since February 2020.
When the competition watchdog ordered its investigation, it listed four alleged anti-competitive practices. These were exclusive launches of mobile phones by the e-commerce firms, promoting preferred sellers on their websites, deep discounting practices and prioritising some seller listings over others.
IMA to hold country-wide protest on June 18 against assault of doctors
The Indian Medical Association has termed ”extremely disturbing” a series of violence against doctors in the last two weeks in Assam, Bihar, West Bengal, Delhi, Uttar Pradesh, Karnataka, and other places.
It demanded the implementation of the central hospital and Health Care Professionals Protection Act with IPC and Code of Criminal Procedure (CrPC), standardization and augmentation of security in each hospital, and declaring hospitals as protected zones among others.
719 doctors have lost their lives due to coronavirus in the second wave of the COVID pandemic with Bihar recording the maximum fatalities.
Floods threaten financial system, Denmark says in climate report
The Copenhagen-based bank said that lenders should incorporate climate-related exposure in risk management for their real estate loans.
Deloitte sued over alleged role in Singapore trader collapse
Deloitte audited the books of Hin Leong Trading Ltd. for at least 16 years before the firm collapsed last year when founding tycoon Lim Oon Kuin admitted trading losses of $808 million weren’t reflected in the firm’s financial statements, according to a court filing.
NGT forms 3-member committee to evaluate risk over Nayara Energy expansion
“The committee may recommend safety measures to prevent accidents on account of operation of the activities by ensuring proper on-site and off-site emergency plans and hospital backup and awareness in the local residents,” said the bench, also comprising Justice M Sathyanarayanan.
China tells banks, insurers to prepare ‘living wills’ to deal with potential risks
Insurers with no less than 200 billion yuan of total on-book assets at home and abroad should also prepare such plans, it added.
Volkswagen to receive 270 million euro from its D&O Liability insurers in dieselgate settlement
The settlement marks a major milestone in Volkswagen’s efforts to turn a page on its biggest ever corporate scandal, which has cost it more than 32 billion euros in vehicle refits, fines and legal costs so far.
The scandal, which Volkswagen initially blamed on a small number of rogue engineers, also spurred it to launch a huge investment in electric cars.
Gmail blocks more than 100 million phishing attempts daily, says Google
“We are deeply concerned by these trends. Security is the cornerstone of our product strategy. We have dedicated teams like Project Zero who focus on finding and fixing vulnerabilities across the web to make the internet safer for all of us,” said Kent Walker, SVP of Global Affairs at Google.
Astra Covid vaccine linked with small risk of low blood platelets: Study
The increased risk of the condition, known as idiopathic thrombocytopenic purpura (ITP), is estimated to be 11 per million doses, similar to figures seen in vaccines for flu, and measles, mumps, and rubella (MMR), the researchers said.
Meatpacker JBS paid equivalent of $11 mln in ransomware attack
The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin. The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the attack.