Last month, Star Health had sent a legal notice to Telegram,...
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Hurricane Milton leaves at least 10 dead, millions without power in Florida
More than 3 million homes and businesses in Florida were without...
Catastrophe bonds dodge worst-case scenario after Milton
Overall, Icosa Investments AG now sees insured losses in the range...
U.S. sanctions advisory raises hurdles for global maritime industry
U.S. guidelines seeking constant location monitoring of ships, and investigations by insurers of gaps in that tracking, may also prove difficult, industry officials said. The advisory notes that weather often interferes with AIS transponders, and ship captains should have the discretion to go dark to avoid pirates or militants on the high seas.
Airbus opens investigation into plane crash in Pakistan
Initial reports have said the Pakistan International Airlines jet crashed after an apparent engine failure. Pakistani aviation authorities said Tuesday they have shared their initial findings with the visiting 11-member team from the European plane maker.
Pandemic forces virtual safety checks for oil tankers
With an estimated 160 million barrels of surplus oil being kept onboard dozens of tankers because on-land storage is full, the situation is pressing.
If restrictions on access to ships stay in place towards the final quarter of the year, tankers may be unable to store oil or sail until repairs can be carried out. This could drive up freight rates for shipping and storage, as fewer vessels will be seaworthy.
Major Indian states seek delay in restarting flights as coronavirus cases rise
Airlines are preparing to resume about a third of their domestic flight operations from Monday, even without clarity over which states will allow flights or what quarantine rules may apply to passengers.
India’s western state of Maharashtra, Tamil Nadu in the south and West Bengal in the east, major business hubs and home to the country’s busiest airports, have said they are not prepared to open for flights amid rising coronavirus cases, according to state government officials.
Spike in cyber crimes amidst lockdown: Maha home minister
He said that there has been “a big rise” in crimes like spreading provocative content, rumours and objectionable posts against women and creating communal divide using social media platforms like WhatsApp, Facebook, Twitter, Instagram and TikTok.
No evidence to show COVID-19 spreads through corpses HC
The bench added the corporation and other authorities concerned shall have to follow the guidelines prescribed by the Government of India and the World Health Organisation (WHO) for safe disposal of bodies infected with COVID-19.There is no scientific data to show that COVID-19 can spread through a dead body, the bench said while dismissing the petitions.
Australia clamps down on litigation funders following surge in class action lawsuits
Litigation funders provide financing for lawsuits in exchange for a share of any settlement or judgment. If the litigant loses, it does not have to repay the financial investor.
US class action lawsuit against Infosys & top brass dismissed
“The complaint, which was filed in the Eastern District of New York, was brought on behalf of a class consisting of persons or entities who purchased the company’s publicly traded securities between July 7, 2018 and October 20, 2019, and alleged claims for violations of the US federal securities laws,” Infosys said in a regulatory filing on Friday.
India plans scrutiny of new portfolio investors from China, Hong Kong:Report
The two sources added New Delhi is also considering the possibility of mandating a so-called “security clearance” from India’s home (interior) ministry for new FPI registrants from these nations.
“We are not saying that any investment would be stopped, we just want to add a layer of vetting to protect the value of our companies,” said one official who has direct knowledge of the discussions.
U.S. to mandate safety management for aircraft manufacturers
Boeing’s safety culture was harshly criticized in January after it released hundreds of internal messages about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys.”