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India’s Supreme Court says favours controls on video streaming services

“We are of the view there should be some screening of these types (of content). What they are showing? They are showing pornography also,” Supreme Court Justice Ashok Bhushan said.

Traditional film viewing in India, home to the thriving Bollywood industry, has changed as fewer people go to cinema halls and web series have become common, Bhushan said.

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World’s 1st hybrid freezer for vax rolls out

Jayesh Ranjan, Principal Secretary, Government of Telangana for the Industries & Commerce (I&C) and Information Technology (IT), formally launched the new range of Covid-19 vaccines chillers, a simple plug and play standalone unit, powered by SolarMill, a hybrid (wind & solar) energy solution, manufactured by WindStream Energy Technologies ideal for remote areas where availability of electricity is not stable.

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Citi’s $900 million mistake prompts banks to seek new safeguards

After Citigroup inadvertently wired its own funds to Revlon lenders while serving as an agent and lost its fight to recover some of the money, it was forced to restate earnings after writing down the part of the loan it now owns. Reducing such risks for future deals makes sense, said Justin Forlenza, a senior covenant analyst at Covenant Review.
After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of the mistaken transfer, banks began inserting new language into loan deals that would require investors to return the money if such an error occurred again. The provisions, which were in the works before the decision, aim to strengthen the hand of administrative agents that oversee interest distributions and repayment schedules.

After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of the mistaken transfer, banks began inserting new language into loan deals that would require investors to return the money if such an error occurred again. The provisions, which were in the works before the decision, aim to strengthen the hand of administrative agents that oversee interest distributions and repayment schedules.

After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of the mistaken transfer, banks began inserting new language into loan deals that would require investors to return the money if such an error occurred again. The provisions, which were in the works before the decision, aim to strengthen the hand of administrative agents that oversee interest distributions and repayment schedules.

After last month’s surprise court ruling that let certain Revlon creditors keep $500 million of the mistaken transfer, banks began inserting new language into loan deals that would require investors to return the money if such an error occurred again. The provisions, which were in the works before the decision, aim to strengthen the hand of administrative agents that oversee interest distributions and repayment schedules.

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People can get vaccinated against Covid-19 24×7, says Harsh Vardhan

“The government has lifted the time restriction to increase the speed of vaccination. People can now get vaccinated 24×7 according to their convenience. Prime Minister Narendra Modi understands the value of health as well as the time of citizens,” Vardhan tweeted.
The next phase of the COVID-19 vaccination commenced from March 1 for people over 60 years of age and those aged 45 and above with specified co-morbid conditions.

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Aon to collaborate with Nayms and Relm to launch cryptocurrency pilot

Dan Roberts, CEO at Nayms, said: “As the digital asset space soars to $1 trillion, the need for appropriate insurance protection to scale alongside that growth will be vital for the sustainability of this innovative market. By working with Aon and Relm, we are enabling the collaboration between technology, regulation and the existing insurance marketplace, bringing a robust solution for the cover of digital asset risk to the market.”

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China declares war on cryptocurrency mining, stirring wider fear

China’s Inner Mongolia, the autonomous region, a favourite among the industry because of its cheap power, also banned new digital coin projects, according to a draft plan posted on the Inner Mongolia Development and Reform Commission’s website February 25.
The aim is to constrain growth in energy consumption to about 1.9 per cent in 2021.

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