"As of now, the spread is not rampant, but looking into the...
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Risk Management
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X to wind up operations in Brazil ‘effective immediately’ due to censorship
Earlier this year, Moraes ordered X to block certain accounts, as...
Govt to hire 2 pvt sector professionals as JSs to manage MoF’s Cyber Security and Investment assignments
This is for the first time, the government has advertised to hire a...
Data and alternative risk finance methods are boosters for risk managers:Report
“By effectively marshalling data and risk modeling tools, organizations can better understand changes in their risk profiles and risk bearing capacity allowing them to access the opportunities presented by the growing levels of capital available for risk finance,” said Brian Elowe, North American Chief Client Officer, Marsh.
S&P and Fitch warn UK rating still at risk from a no-deal Brexit
The delay averted the risk of an immediate no-deal Brexit which would deliver a shock to the world’s fifth-biggest economy but the uncertainty remains, weighing on many companies which have cut back on investment
Regulator orders J&J to stop using raw material to make Baby Powder in India
“We have confirmed to the Indian authorities that we do not add Formaldehyde as an ingredient in our shampoo nor does Johnson’s baby shampoo contain any ingredient that can release formaldehyde over time. Our products are safe to use and conform to all applicable standard under the D&C (Drugs and Cosmetics) Act and D&C rules,” it said.
IL&FS case: Govt likely to ban Deloitte for 5 yrs for alleged malpractice
In January, 2018, nine years after the Satyam scandal stunned corporate India, SEBI banned Price Waterhouse (PW) from providing audit services to listed companies and market intermediaries for two years in the Satyam fraud. Two PW partners were banned for three years. The regulator also imposed a disgorgement of Rs 130.9 million on Price Waterhouse, and two of its chartered accountants – S Gopalakrishnan and Srinivas Talluri.
Alphabet’s wing is first commercial Drone Unit certified as Airline
“It’s an exciting moment for us to have earned the FAA’s approval to actually run a business with our technology,” Wing Chief Executive Officer James Ryan Burgess said in an interview. He called it “pivotal” both for his company and the drone industry in general.
UK, Australia warns against travelling to Sri Lanka, sees further attacks
“Terrorists are very likely to try to carry out attacks in Sri Lanka. Attacks could be indiscriminate, including in places visited by foreigners.”
Boeing drops 2019 outlook after 737 MAX crisis, sees $1 bn in extra costs
Although safety experts have raised some questions over crew performance in both crashes, the regulatory fallout has been dominated so far by questions over anti-stall software known as MCAS, which Boeing has acknowledged was a common link in the separate chains of events leading to both crashes.
Driving in Georgia while sitting in California; remote control beats autonomy
Phantom Auto’s new line of business shows just how deep the current moment of disillusionment has become for the self-driving car industry. After years of development and more than $10 billion in investment, autonomous vehicles still aren’t ready for widespread public use. Phantom Auto’s original strategy was to fill gaps in robotaxi capabilities. But autonomous ride-hailing fleets have made little progress beyond testing and rarely operate without human safety drivers—sometimes working in pairs—sitting in the front seat.
Aadhaar never collected individual data, it’s just an ID: Nandan Nilekani
“It (Aadhaar) is a much simpler system because the privacy problem becomes more acute when there is an organisation collecting data on you. Aadhaar was never collecting data on you.All that Aadhaar was doing was giving an ID and doing the verification. So, it is not really a great candidate for this (surveillance),” Nilekani said.
Acko and Rapido tie-up to insure customers and captains
The comprehensive cover offered by Acko kicks in the moment a ride begins and secures the captain and customer against a multitude of risks. Besides death and disability where the sum insured is up to Rs 5 lakh, this cover also includes loan protection, medical expenses reimbursement and OPD treatment. Additionally, for captains, the insurance also covers child education, helmet and mobile damage