Higher war risk insurance premiums, paid when vessels sail through...
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HC quashes case against youth for riding bike without helmet, licence; orders community service
The FIR was registered on October 21, 2017, after the man, who was...
Maha minister admits irregularities in crop insurance scheme, says shrines shown as farmlands
Maharashtra Agriculture Minister Manikrao Kokate disclosed that...
Microsoft says ransom-seeking hackers taking advantage of server flaws
In Germany alone, officials have said that up to 60,000 networks remained vulnerable. All manner of hackers have begun taking advantage of the holes – one security firm recently counted 10 separate hacking groups using the flaws – but ransomware operators are among the most feared.
Deboard air passengers not wearing mask ‘properly’ despite warnings: DGCA
The DGCA said it has been noticed that some travellers undertaking air journey do not adhere to “COVID-19 protocols”, which essentially involve wearing of masks properly — not below the nose, right from entering the departing airport to exiting from the arriving airport.
German ‘insurtech’ Wefox plans risk-prevention product
Using data from mobile phones or digital smart homes will make it possible to warn of looming danger, for example, to drivers from poor road conditions, or from leaving a window open at home when a storm is looming.
The risk prevention product will not crunch personal data to price Wefox’s products – a common complaint among younger drivers who often have to agree to digital surveillance to get an affordable insurance deal.
Tesla in talks with India’s Tata Power for EV charging infrastructure – report
The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report said.
Tata Power’s electric vehicle charging business constantly explores growth opportunities but has not finalised any new agreements, the company said in a statement to stock exchanges.
Uber, Lyft team up on database to expose abusive drivers
To protect privacy, no passenger information will be shared in the database and the incidents that resulted in a driver’s dismissal will be listed in six broad categories: attempted non-consensual sexual penetration; non-consensual touching of a sexual body part; non-consensual kissing of a sexual body part; non-consensual kissing of a non-sexual body part; non-consensual sexual penetration; and fatal physical assaults.
China harvesting 20% of world’s data including from India
“If the CCP (Chinese Communist Party) has access to 20 per cent of the data going through the world’s VPNs generally, they should be expected to be using that data for a massive global spying operation that could translate into winning wars, shifting global power, and aiding the rise of an empire,” the expert warned.In India, approximately 129 million people use VPN to access the internet and we do not know how many of those now have data that has been compromised.
France’s biggest insurer dumps German power giant over coal
“By turning away one of Europe’s biggest utilities because they are too dependent on coal, AXA has set an important precedent for itself and other insurers,” said Peter Bosshard, finance program director at environmental nonprofit the Sunrise Project, adding that RWE must be an account worth millions of dollars a year in insurance.
Maharashtra:Two health officials test Covid postive after 2nd vaccine dose
Additional civil surgeon Padmaja Saraf said it takes around 42 days for the antibodies to develop after both the doses of the vaccine are administered.
“One must wear a mask and adhere to all COVID-19 protocols even after taking both the doses of the vaccine,” she said.
HSBC toughens stance on fossil fuel funding after shareholder heat
HSBC’s announcement reinforces how the world’s biggest financial firms are bowing to mounting public and political pressure to join the battle against climate change, by reducing their funding of fossil fuel companies and encouraging clients in other sectors to cut emissions.
Greensill, Gupta and the fragile tower of money and metal
The crisis began at Bond & Credit Company, the Sydney unit of insurance giant Tokio Marine Holdings Inc. last summer. It decided not to extend policies covering the loans Greensill made, and has fired a manager who had a key role in signing off on that business. Compounding Greensill’s problems, around the same time, the German regulator BaFin started a probe into his fast-growing bank in Bremen.
BaFin was concerned that too many of the assets of Greensill Bank were tied to the same source: Gupta. The investigation found irregularities, including that the bank had booked claims for transactions by Gupta that hadn’t yet occurred but which were accounted for as if they had. During this slow buildup of pressure, in late 2020 Softbank wrote down its investment in Greensill, though this only came to light in recent weeks.