As well as extending approvals for some sanctioned providers,...
Category:
Risk Management
Latest
Resilience is key to thriving in today’s volatile world: WEF CEO
According to the white paper, as volatility and compounding risks...
Govt issues draft rules to make e-com accountable, seeks comments by Feb 15
For imported goods, platforms must display importer, packer, and...
AIA to end all its coal exposure by 2028
AIA will not permit any new investments within businesses involved directly in either mining coal or generating electricity from coal.
Auto cos to be fined up to Rs 1 cr on mandatory recall orders for defective vehicles: Govt
In case of vehicles carrying over nine passengers and heavy good vehicles, a maximum penalty of Rs 1 crore will be levied if more than 50,000 vehicles are recalled.
Microsoft Teams, 365 services suffer global outage
There are at least 115 million people using Microsoft Teams globally.
In the latest tweet on Tuesday, Microsoft 365 team said: “Our monitoring indicates that majority of the services have fully recovered. However, we’re addressing a subset of services that are still experiencing some residual impact and delays in recovery”.
Swiss Re announces ambitious climate targets; accelerates race to net zero
Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “Climate change remains the biggest challenge we face as a society. The stakes are high and require immediate attention. Signing up to net-zero emissions by 2050 and setting concrete climate targets are important first steps. What needs to follow now is action. We are moving ahead in all areas of our business to accelerate the transition towards net zero.“
SBI, ICICI, HDFC, Axis Bank, PNB and the Indian IT department targeted in phishing scam
The suspicious links originate from the US and France, said the report, adding that the campaign is collecting personal as well as banking information from the user and getting into this type of trap could cause a massive financial loss for the users.
Govt to take care of job loss, other facilities in strategic divestment: Thakur
Four sectors of atomic energy, space and defence; transport and telecommunications; power, petroleum, coal and other minerals; and banking, insurance and financial services would be strategic sectors. The rest will be non-strategic sectors, he said.
Social media platforms’ staff not been threatened of jail term: IT Ministry
Reacting to reports that alluded to Facebook, WhatsApp and Twitter employees being threatened with jail term, the Ministry said social media platforms are “obliged to follow the laws of India and the Constitution of India, just like all other businesses in India have to.”
“The government welcomes criticism and dissent. However, of late, repeated instances of abuse of social media to foment hate, discord and violence by terrorist groups from outside India and circulation of morphed images of women, revenge porn posing threat to the safety of users especially women users have become grave concerns,” it said.
DGCA monitoring 737 Max performance, re-certification to take time
The Boeing 737 Max aircraft was grounded worldwide in 2019 after two fatal crashes.
In India, SpiceJet is the only operator of Boeing 737 Max aircraft. It has 13 such aircraft in its fleet.
Kumar said India’s aviation safety ranking is expected to improve as the International Civil Aviation Organisation will conduct an audit of the sector in the coming months.
10 Years After Nuclear Disaster, How Dangerous Is the Fukushima Plant?
The plant’s operator, Tokyo Electric Power Co., says the tsunami couldn’t have been anticipated, but reports from government and independent investigations and recent court decisions described the disaster at the plant as human-made and a result of safety negligence, lax oversight by regulators and collusion.
Bank operations may be hit on Mon, Tue due to nationwide unions’ strike
UFBU, an umbrella body of nine unions, in a statement claimed that about 10 lakh bank employees and officers of the banks will participate in the strike.
Many public sector lenders, including State Bank of India (SBI) have informed their customers that their normal working could be affected at the branches and offices if the strike materialises.