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Indian
Indian Oil plans to install electric vehicle charging facility at 100 outlets in Maharashtra
Ajay Kumar Shrivastav,General Manager (Retail Sales),Indian Oil is planning to install nearly 100 electric vehicle charging facilities across the state by the end of this financial year.
”Five will be installed in the Marathwada region. Wherever needed, the charging guns will be upgraded from 15 KW capacities to 45 KW. If needed we can install a new facility also.”
Govt targets connecting all Indians through internet by 2025: Rajeev Chandrasekhar
NGT refuses to modify order on deregistration of 10-year-old diesel vehicles
As noted in the order dated July 18, 2016, appeal against order dated April 7, 2015 directing that more than 10 years old diesel vehicles be not allowed to ply on Delhi-NCR roads was dismissed by the Supreme Court.
The basis of prayer in the present applications was that the COVID-19 period should be excluded for calculating the period of 10 years.
The NGT had earlier declined to lift its ban on such vehicles in Delhi-NCR, noting that emissions from diesel vehicles were carcinogenic.
Govt probes L&T’s employee welfare arm for alleged fraud
The probe follows complaints by a group of employees who alleged that the company deducted contributions from their salaries with the assurance of giving them equity shares of Larsen & Toubro, India’s biggest engineering conglomerate, but instead gave them redeemable preference shares of LandT Welfare Co. The funds collected for employee welfare were allegedly used for expansion by L&T, according to the complaint.
International
Insys founder John Kapoor sentenced to 5 1/2 years for orchestrating opioid scheme
Kapoor and others were accused of paying millions of dollars in bribes to doctors across the United States to prescribe the company’s highly addictive oral fentanyl spray, known as Subsys. The bribes were paid in the form of fees for sham speaking engagements that were billed as educational opportunities for other doctors.
Global economic losses from natural disasters top $232 bn in 2019, as the costliest decade on record comes to a close:AON
From a climate perspective, 2019 was the second warmest year on record for land and ocean temperatures since 1851. Notably, record temperatures of 46.0°C were seen in France and 42.6°C in Germany, while the January to May period was the wettest on record in the United States, with 15.71 inches (399 millimeters) of rainfall.
Annual natural Cat loss costs decline again in 2019
Real-time payments platforms have increased fraud losses for 4 out of 5 APAC Banks:Survey
“While the convenience of real-time payments is great news for customers, increasingly, banks have zero time to clear a transaction or payment. AI can’t slow down the clock, but it can help create systems that are radically quicker to recognize a transaction that smells likely to be fraudulent,” said Dan McConaghy, president of FICO in Asia Pacific.
“Banks will need to move beyond passwords and OTPs and add biometrics, device telemetry and customer behavior analytics to keep up with the changing payments landscape,” he said.
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