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Indian
Maruti Suzuki recalls 9,925 Unit 3 models to rectify possible defect in brake assembly
Affected vehicles are manufactured between 3 August and 1 September...
Suitors raises concerns over bidding process as Reliance Capital resolution enters final stage
Foreign bidders have expressed apprehension regarding the rules...
Delhi air in ‘very poor’ zone, farm fire smoke may push it to ‘severe’
New Delhi: Delhi recorded its air quality in the 'very poor'...
Key management personnel of Indian auto firms have poor understanding of compliance obligations: Report
"…it was discovered that the KMPs (key management personnel) in...
International
Governments need to be ‘insurers of last resort’ to protect businesses from pandemic risks: Report
Jad Ariss, Managing Director, The Geneva Association, said: “It is a tragedy that businesses, particularly SMEs, have suffered so much financial loss during the pandemic as a result of the lockdowns, which were beyond their control. The public sector had to step in with multi-trillion dollar emergency relief measures. Governments and insurers must work together on how to close the massive protection gap exposed by COVID-19, with governments as the leading players.”
South Africa’s to set up vaccine compensation fund, could cost $17.5 mln in first year
Kenyan insurer Pula offers lifeline to African farmers hit by climate change, to foray into Brazil and India
CEO Thomas Njeru co-founded the company in 2015 with Dutch entrepreneur Rose Goslinga after the pair spotted a gap in the insurance market.
Because of climate change, farmers are having to contend with unpredictable rain patterns, frequent droughts and even the emergence of new pests and diseases, Njeru said.In January, Pula raised $6 million in a funding round led by London-based TLcom Capital, to invest in new markets, strengthen existing products and design new ones. Njeru said the company’s next targets are Brazil and India.
TikTok faces claim for billions in London child privacy lawsuit
Anne Longfield, the former Children’s Commissioner for England alleged that every child that has used TikTok since May 25, 2018, may have had private personal information illegally collected by ByteDance through TikTok for the benefit of unknown third parties.
“Parents and children have a right to know that private information, including phone numbers, physical location, and videos of their children are being illegally collected,” she said, as a website to detail the case goes live.
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