“Yesterday, Lahore was declared the most polluted city in the...
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Act against unsafe helmet makers to boost road safety: Centre to district officials
"Helmets save lives, but only if they are of good quality. This...
FPIs withdraw Rs 85,790 cr from equities due to Chinese mkt valuation
Looking ahead, the trajectory of global events like geopolitical...
UK watchdog ask Big Four accountants to ring fence audit by June 2024
Audit practice culture should encourage ethical behavior, openness, teamwork, challenge and professional skepticism and judgment, it said.
Govt may appoint ecommerce regulator; impose stricter rules on Google, Amazon: Report
The suggested norms may mandate that online companies provide the government access to their source codes and algorithms, the report said.
Threat call to Mumbai’s Hotel Taj: FIR registered
The Taj hotel was one of the establishments targetted by Pakistani terrorists during the 26/11 terror attack on Mumbai.
Bajaj Auto unions demand factory halt after 250 workers catch COVID-19
Workers and union leaders say Bajaj has taken steps to ensure social distancing on the factory floor and in its cafeteria, besides arranging separated seating on its buses and providing masks and sanitisers for staff. But they say this is not enough.
At least 126 killed as Myanmar jade mine collapse buries workers
“There’s no hope for the families to get compensation as they were freelance miners.”
The government of Nobel laureate Aung San Suu Kyi pledged to clean up the industry when it took power in 2016, but activists say little has changed.
Official sales of jade in Myanmar were worth 671 million euros ($750 million) in 2016-17, according to data published by the government as part of an Extractive Industries Transparency Initiative.
Wirecard exposes Big 4 accounting lapses
The Big Four have each developed lucrative advisory arms to compete with McKinsey & Co. and other firms to provide the opportunity for revenue growth and brand building that accounting doesn’t. However, regulators say that creates an inherent conflict of interest and encourages the auditors to be restrained in their audits to protect consulting opportunities.
Facebook,YouTube,Twitter to face same EU rules on hateful content as broadcasters
“Online players will have to ensure, in a similar way to traditional media players,that users are protected against hate speech and that minors are protected from harmful content,” the Commission said.
“Online platforms must take action against flagged content, which incites violence, hatred and terrorism, and ensure appropriate advertising and product placement in children’s programmes,” it said.
The non-binding guidelines apply to social platforms where audiovisual content is seen as an essential but not principal part of their business. EU countries, which have until Sept. 19 to implement the rules, will have the final say on the list of companies.
3 new start-ups join Lloyd’s Lab for fast-tracked COVID-19 cohort
The purpose of this is to help Lloyd’s and the start-ups bring to market more quickly their COVID-19 related products and innovations. Lloyd’s wants to understand, model and create products that better protect customers against pandemics, and other systemic risks.
GIC Re unveils strategies to overhaul its financials and ratings,domestic exposure to Covid-19 claims extremely limited
“We have already addressed the the key issues within our control of profitability and portfolio size We have taken further action to strengthen our balance sheet by increasing our outwards reinsurance purchases on the domestic portfolio by 37.5 percent, growing in size from USD 2.1 billion for 2019-20 to USD 2.7 Bn for 2020-21, using high credit quality retro-cession counter parties,”said GIC Re
Cybersecurity top priority for Indian CIOs post Covid-19 pandemic:Adobe
“As we rapidly moved from functioning in an increasingly-digital world to one that is digital-only, CIOs have had to pivot their strategies to prioritise the online needs of their customers and employees,” said Scott Rigby, Head of Digital Transformation, Adobe Asia Pacific.
Nearly 98 per cent of organisations across India have seen Covid-19 impact business functioning, with CIOs facing challenges in helping their teams to communicate effectively and having the right technology deployment to ensure smooth business continuity.