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Strengthen framework to curb unethical practices RBI Guv to bank boards
"While such practices may yield short-term gains, they ultimately...
DFC provides $50 million in new political risk insurance to expand War Insurance for Ukraine business
The facility will create a portfolio of war risk insurance policies...
Iran says black boxes from downed Ukraine jet show missiles hit 25 seconds apart
Iran’s investigation is being carried out under United Nations aviation rules calling for probes aimed solely at preventing future accidents, separately from any judicial process. But the probe has been swept up in regional and domestic tensions.
California governor calls wildfires ‘deadly moment,’ urges residents to flee
The state has been hit by its worst dry-lightning storms in nearly two decades as close to 12,000 strikes Some 175,000 people have been told to leave their homes.
Twitter privacy ruling delayed after dispute among EU regulators
Twitter had looked set to become the first big technology company to face a fine by Ireland’s Data Protection Commission (DPC) under tougher EU data protection rules after it submitted the decision to other member states in May.
Under the EU’s General Data Protection Regulation’s (GDPR) “One Stop Shop” regime introduced in 2018, regulators can impose fines for violations of up to 4% of a company’s global revenue or 20 million euros ($22 million), whichever is higher
Bayer to pay $1.6 billion to resolve U.S. claims for Essure birth-control device
Women have claimed in lawsuits that the device, which is implanted in the fallopian tubes to permanently block the passage of eggs to the uterus, could pierce the tubes, and that the device’s metal parts could become dislodged and migrate to other parts of the body.
US court upholds $140 million compensation in TCS-Epic Systems case
According to reports, Epic had filed the lawsuit in 2014 against TCS alleging that the IT services company had stolen its intellectual property. In 2016, Epic won a jury award of $940 million.
Nine killed in major fire in Telangana’s Srisailam hydel power plant
“The accident happened when a sudden fire broke out in the electric panels. Employees, who sensed danger made all efforts to extinguish the fire. The entrapped employees tried to save the plant from catching fire without even caring for their lives”
PETA moves HC for directions to AAP govt to take steps to prevent spread of glanders in the city
The People for Ethical Treatment of Animals (PETA) India, in its application, has also sought implementation of the National Action Plan for Control and Eradication of Glanders and immediate testing of all the horses, mules, ponies, donkeys in Delhi
DGCA starts special safety audit of all Indian airlines
“It will be a complete FOQA (Flight Operations Quality Assurance) audit,” he said.
The FOQA is the process of obtaining and analysing all kinds of data from flights to improve the safety and efficiency of future flight operations.
“All Indian airlines will undergo the special safety audit that has begun. In the first phase, we are auditing SpiceJet and Air India,” the DGCA official said.
Covid-19 Pandemic:Lloyd’s gets ready for reopening & business with restrictions
Lloyd’s has reduced capacity to 45% to ensure it can maintain social distances.In order to ensure it doesn’t go above this the working week will be split by class of business
From 1 September,face coverings will be mandatory in all public areas of the building.
14 hospitalised after ammonia gas leak in Andhra Pradesh
“We got the information that Ammonia gas was leaked at Hatson company milk process unit near Putalapattu at around 5 PM. 14 labourers who were working in that shift are brought to the hospital here in Chittoor. Among them, 3 people are serious and probably will be shifted to SVIMS or Ruia hospital in Tirupati,” Dr Narayan Bharat Gupta, Chittoor District Collector said.
“All are stable. All of them are women. It is to yet be ascertained whether this incident is a result of the negligence of management or the negligence of the workers. Industries department General Manager and fire department officials will review the ground-level situation on Friday,” he said.