With India projected to have 500 million online shoppers by 2030...
Category:
Risk Management
Latest
Meta outage hit Facebook Instagram WhatsApp
Meta’s outage is a timely reminder of the need to engineer critical...
Judges should refrain from using social media: SC
"Judicial officers should not go to Facebook. They should not...
Wealthy countries block COVID-19 drugs rights waiver at WTO – sources
Supporters of the waiver say existing intellectual property (IP) rules create barriers on access to affordable medicines and vaccines and they want restrictions to be eased, as they were during the AIDS epidemic.
Johnson & Johnson ordered to pay $120 million damages in New York baby powder case
Johnson & Johnson said it will appeal the verdict, citing “significant legal and evidentiary errors” at the trial.
“We deeply sympathize with anyone suffering from cancer, which is why the facts are so important,” the company said. “We remain confident that our talc is safe, asbestos free, and does not cause cancer.”
Will finalise data protection law very soon: Ravi Shankar Prasad
Prasad said major global companies, including from India, have committed to invest close to Rs 11 lakh crore in the next five years and proposed to manufacture mobiles and components, out of which Rs seven lakh crore would be only for exports.
‘Too soon’ to let Boeing 737 MAX fly again, say families of Lion Air crash victims
“This means they don’t prioritize safety, considering there have been fatal mistakes that led to these two airlines having terrible accidents,”
India ranks 77 in global bribery risk matrix
According to this year”s data, North Korea, Turkmenistan, South Sudan, Venezuela and Eritrea present the highest commercial bribery risk, while Denmark, Norway, Finland, Sweden and New Zealand present the lowest.
General Motors follows Tesla,launches its own auto insurance
GM said it will use data from its on-board concierge device OnStar, which connects drivers to human operators who help with navigation or emergencies, but also collects precise data on driving patterns, such as hard braking and acceleration.
Nasdaq to buy financial fraud detection firm Verafin for $2.75 billion
“The problem of detecting money laundering and fraud hasn’t been solved very well yet,” Valerie Bannert-Thurner, senior vice president and head of sell-side and buy-side solutions, market technology at Nasdaq, said in an interview. “With our acquisition we are doubling down on our belief this as an area that is being disrupted and where we can have a big impact.”
Up to $2 trillion is laundered globally each year, representing up to 5% of global GDP, according to the United Nations.
Roberts to lead Global Renewable Energy biz of Marsh JLT SpecialtyLondon:
“There is renewed political will as we approach the end of 2020 to move towards greater decarbonization and more sustainable energy sources.As traditional energy companies continue to decarbonize their footprints – and market challengers seek to redefine the energy landscape – Marsh JLT Specialty’s Global Renewable Energy team will play a key role in supporting our clients and communities as they transition towards more sustainable and carbon-neutral futures,”said Roberts
New internet rules to give Pakistan blanket powers of censorship
A service provider or social media company could face a fine up to 500 million rupees ($3.14 million) for non-compliance, which would in turn trigger a mechanism preventing the uploading and live streaming, particularly related to “terrorism, hate speech, pornography, incitement to violence and detrimental to national security”.
A platform has to act within 24 hours or, in case of an emergency, six hours to remove content. The rules also empower the telecom authority to block an entire online system.
Large Boeing 737 MAX customers signal caution on orders amid COVID-19
When the 737 MAX was grounded globally in March 2019 following two fatal crashes, airlines canceled flights because they lacked enough airplanes to meet strong travel demand.
Now many have parked jets or even gone out of business in the pandemic, creating challenges for Boeing as it tries to find homes for 737 MAX jets that are built but now lack buyers.