The bill is aimed to strengthen the efficient working of the...
Category:
Risk Management
Latest
Small Indian banks back online after ransomware attack, payments authority says
The attack had affected C-Edge Technologies, a technology service...
Boeing 737 MAX in India: No engine failures, Govt says
Out of the total fleet of 56 Boeing 737 Max aircraft registered and...
Did dam water mismanagement lead to Kerala’s once-in-century floods?
More than 5 million people in Kerala were affected and over 200 were killed amid torrential rain and floods in August. The flooding, dubbed the worst to hit the southern state in nearly a century, caused billions of dollars of damage to fields, homes and other infrastructure.
WhatsApp sets up system to store payments-related data locally in India
The data localisation mandate by RBI had drawn mixed response from the industry with domestic payment companies like Paytm and PhonePe welcoming the decision, while their global counterparts like Google (which offers Google Pay in India) have backed free flow of data.
Alphabet shuts Google Plus service after 500,000 users’ data breach
A memo, prepared by Google’s legal and policy staff and shared with senior executives, warned that disclosing the incident would likely trigger “immediate regulatory interest” and invite comparisons to Facebook’s leak of user information to data firm Cambridge Analytica, the WSJ report said
Limiting global warming to 1.5°C requires “rapid & far-reaching” transitions in land, energy, industry, buildings, transport & cities:IPCC
“One of the key messages that comes out very strongly from this report is that we are already seeing the consequences of 1°C of global warming through more extreme weather, rising sea levels and diminishing Arctic sea ice, among other changes,” said Panmao Zhai, Co-Chair of IPCC Working Group I.
Geopolitical tensions create significant increase in political risk losses up from 2017:Survey
Larger companies were more likely to report using avoidance strategies – among companies with more than $1 billion in revenues, 82% stated that they had scaled back investments, and 86% had avoided future investments. Companies most frequently reported scaling back investments in Nigeria, Iran, Russia and Venezuela.
Indonesia earthquake and tsunami: How warning system failed the victims
Palu – a city in Sulawesi located in a narrow bay – was hit by waves as high as six metres. The surging water brought buildings down and caused widespread destruction. Hundreds of people had gathered for a beachfront festival and it was was a scene of horror as waves powered over the beach – sweeping up everything in their path.
Govt plans to bring in stricter disclosure norms for independent directors
Independent directors have significant responsibilities under the Companies Act and are part of various committees, including those related to CSR and remuneration. The role of independent directors has come under the scanner in certain instances of corporate misdoings.
WhatsApp Message Destroys 71% of Indian E-Commerce Firm’s Value
The message was sent a few months ago by an Equirus analyst to some clients and resurfaced on the messaging platform Thursday .The record slump on Friday prompted the company to make a voluntary clarification to exchanges saying there was no pending information or announcement that may impact its share price.
Maruti’s Breeza & Tata’s Nexon clear crash tests with Stars
David Ward, Global NCAP Secretary-General, said,“The four star result for Maruti Suzuki’s Vitara Brezza is really impressive. It demonstrates clearly the safety engineering capabilities of India’s leading vehicle manufacturer. It also shows the beneficial effects of the Indian Government’s new crash test standards helping to raise levels of vehicle safety. We are getting very close now to seeing India’s first five star car. In contrast the zero star Renault Lodgy is extremely disappointing. Global NCAP had hoped that Renault had learned from the difficult experience they had with the Kwid. It’s time now for Renault to make front air bags standard across their entire Indian product range. “
Porsche first German carmaker to abandon diesel engines
Diesel car sales have dropped sharply as several German cities have banned them to bring down air pollution — a trend that Chancellor Angela Merkel was due to discuss with car company chiefs in Berlin later Sunday.