Category:

Risk Management

Miscalculations may have ended ONGC vessels in cyclone whirlwind: Report

A drillship of Oil and Natural Gas Corporation (ONGC) and three barges of private contractor Afcons working on the state-owned firm’s oilfield went adrift after their anchors gave away in the storm on Monday night.

A massive day-night operation by the Indian Navy, Coast Guards and ONGC vessels helped save those on the drillship and two barges, but only 186 out of 261 onboard accommodation barge Pappa 305 could be rescued. 37 persons are confirmed dead so far, while the remaining 38 are still missing.

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Long working hours raises death risk from heart disease, stroke

“Teleworking has become the norm in many industries, often blurring the boundaries between home and work. In addition, many businesses have been forced to scale back or shut down operations to save money, and people who are still on the payroll end up working longer hours. No job is worth the risk of stroke or heart disease. Governments, employers and workers need to work together to agree on limits to protect the health of workers,” Ghebreyesus added.

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IT Ministry directs WhatsApp to withdraw new privacy policy: Govt sources

The IT Ministry believes that the changes to WhatsApp privacy policy and the manner of introducing the said changes undermines the sacrosanct values of informational privacy, data security and user choice and harms the rights and interests of Indian citizens, government sources said.

The government has given seven days to WhatsApp to respond to the notice and if no satisfactory response is received, necessary steps in consonance with law will be taken, sources informed.

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HX launches in Asia to bring its data, digital and analytics capabilities closer to clients and carriers across the region

Goh Chye Huat, CEO, Howden Asia, said: “Our businesses across Asia have experienced tremendous growth over recent years.  We have reached a scale where it is vital to have a market-leading engagement and distribution strategy.  HX’s data and analytics capabilities are unrivalled in the market and we are delighted to have that offering available for our clients and colleagues in Asia.”

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Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt

The assets identified range from Air India”s planes to vessels belonging to the Shipping Corporation of India, and properties owned by state-owned banks to oil and gas cargoes of PSUs, three people familiar with the matter said.

These assets are across several jurisdictions, they said without giving further details.

Cairn plans to move courts in the US to Singapore for seizure of the assets in absence of Indian government”s refusal to honour an international arbitration award.

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Facebook faces prospect of ‘devastating’ data transfer ban

The case stems from EU concerns that U.S. government surveillance may not respect the privacy rights of EU citizens when their personal data is sent to the United States for commercial use.
Meanwhile, Germany’s lead data protection regulator for Facebook is banning the social network from processing personal data from WhatsApp users because it views the messaging app’s new terms of use as illegal, it said on Tuesday.

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