Indian

“No Need To Panic”: AIIMS chief says Human-To-Human Bird Flu transmission rare

“There is no need to worry if one is eating properly cooked poultry products. There is no evidence so far that it can be spread to people through properly cooked food. The virus gets destroyed when the food is cooked at high temperature. One should avoid contact with infected poultry, especially ill or dying chickens,” he said.

Infosys reopens offices as India Inc eyes long road back to work

In its memo, Infosys said the country’s safety situation seems to be improving, with growing vaccination coverage.
Tata Consultancy Services Ltd, the country’s biggest outsourcer, said earlier this month that it hoped to vaccinate all its employees and their families by September.

“Recognizing that vaccination was our best bet to an early return to normalcy, we undertook a pan-India vaccination drive that began in May,” said Chief Executive Officer Rajesh Gopinathan, adding that 70% of the company’s staff had been fully or partially vaccinated so far.

Maruti crosses 50 lakh cumulative sales milestone in rural markets of India

Stating that rural markets have a very special place in the company’s business, he said, ”over the years, we have carefully studied the needs of this segment… We remain committed to delivering products and services that match the customer needs in rural India.” While the aspirations of upcountry customers are very similar to those at metros, they demand more attention and care, he added.

International

Lloyd’s selects 11 Insurtechs to help support its Future-at-Lloyd’s project

The start-ups are focused on finding ways to enhance data sharing and provide new sources of risk insight as well as pricing and risk models to help Lloyd’s market participants better understand threat scenarios. They also will be developing methods to reduce the cost of processing claims as well as the burden of compliance and regulation

Oil tankers cut navigation risks in Strait of Hormuz by vanishing from tracking systems

Ships go dark when they want to avoid prying eyes — Iranian vessels have been doing it on and off for years because of sanctions that penalized buyers of the nation’s oil. Tankers occasionally turn off their signals when rounding the Arabian peninsula, near flash points in Yemen. This doesn’t make vessels invisible or hide them from radar, though it does make their movements harder to track

Companies Act amended to include penal provisions for CSR norm violations

Stating that the bill provides for better clarity related to CSR, she said if a company is unable to spend the earmarked amount for CSR activities within a particular financial year, it shall transfer the same to an CSR or an escrow account to be spend within the next three fiscal years.

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