Union Labour and Employment Minister Mansukh Mandaviya said that...
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US court of appeals upholds USD 194 mn damages against TCS in CSC DXC trade secrets dispute
In June last year, a US court had ruled that TCS is liable for...
UN climate deal increases money to countries hit by climate change, but no explicit fossil fuel plan
“I cannot pretend that COP30 has delivered everything that is...
SEBI open to oversight of crypto trade, in contrast to Reserve Bank
Sebi said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). It could also issue licenses for equity market-related products, said the person aware of the panel's discussions Mumbai: India's...
Aurm Partners with TATA AIG to offer high-end safe vaults with up to Rs 25 lakh insurance coverage
Aurm, a Bangalore based firm securing vault services has announced a strategic partnership with TATA AIG General Insurance to provide comprehensive insurance coverage up to Rs 25 lakh to Aurm customers for their entrusted valuables. Aurm partners with banks and real...
SBI Gen unveils first industry-wide policyholder servicing e-platform
Kishore Poludasu, MD & CEO, SBI General Insurance This platform allows customers to aggregate their insurance portfolio through an electronic Insurance Account (eIA) and conveniently manage it through a one-stop digital platform-BIMA Central Mumbai: SBI General...
TATA AIG General launches India’s first satellite in-orbit 3rd-party liability policy
The Indian space industry is experiencing phenomenal growth, with a projected market size reaching into the tens of billions. With the privatisation of space launches, India targets a five-fold increase in its global launch market share, projected to reach $47.3...
Zoox, Amazon’s self-driving robotaxi unit, being probed by US after rear-end collisions
Both crashes happened during the daytime hours and the motorcyclists suffered minor injuries. In both cases, the agency confirmed that each of the Amazon vehicles was operating in autonomous mode leading up to the crashes Detroit: Zoox, Amazon's self-driving robotaxi...
EU says Booking must comply with strict tech rules, investigates X
The Commission said in March that Elon Musk's X, TikTok owner ByteDance and Booking.com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers Paris:The European Commission on Monday said it had designated Booking as a so-called "gatekeeper"...
Government mandates anti-fake review rules for e-commerce platforms
Nidhi Khare, Secretary, Consumer Affairs Ministry The government issued the new quality norms for e-tailers a year ago, prohibiting them from publishing paid reviews and demanding disclosure of such promotional content. But fake reviews of products and services on...
ADB’s $1.70 mn study to develop multi-hazard early warning system for glacial lake outburst floods(GLOFs) in Himalayan region
Pushpendra Johari, senior vice president, sustainability, RMSI ``There's some progress in the case of GLOF, with studies emerging and consultations sought from experts like in the case of Nepal. ADB study for Bhutan and Nepal will include climate and disaster...
Cyberattack diverts ambulances, cripples patient records at major US health system
Cybersecurity experts say ransomware attacks have increased substantially in recent years, especially in the health care sector. Increasingly, ransomware gangs steal data before activating data-scrambling malware that paralyzes networks. The threat of making stolen...
White House wants cybersecurity standards on hospitals
The proposal may extend beyond hospitals too. The administration intends to issue a notice of proposed rulemaking in coming weeks to bring in minimum cybersecurity requirements for entities that receive money from Medicare and Medicaid, according to a US official, who...