Indian

Sebi approves stricter independent dir norms, measures to attract more investors into mkt

Jun 29, 2021

Under the proposed changes, a listed company will be required to disclose the resignation letter of an independent director and there will be a one-year cooling period for an independent director transitioning to a whole-time director in the same company/ holding/ subsidiary/ associate company or any company belonging to the promoter group.
The new norms will be effective from January 1, 2022.

Five Indian drugmakers to jointly start local trial of Merck & Co’s COVID-19 drug

Jun 29, 2021

Between March and April, each of these companies, including Sun Pharmaceutical Industries, Torrent Pharmaceuticals and privately held Emcure Pharmaceuticals, partnered with Merck to expand production of the drug, molnupiravir, hastening its availability in India to address a new wave of infections in the country.

Doubling time of coronavirus cases in India improves to 17.4 days: Health ministry

Jun 29, 2021

During the meeting with the cabinet secretary, the states were advised to focus on containment, testing and tracing, upgrading health infrastructure, clinical management and community engagement for effective management of COVID-19.

India’s vaccine shortage eases as inoculations outpace new registrations

Jun 29, 2021

Nearly half or 49% of the 60 and above population has been vaccinated with the first dose of Covid-19 vaccine. The percentage is 42% for those between 45 to 59 and 15% for those between 18-44 years. Total vaccine doses administered so far crossed the 33 crore mark on Tuesday.

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International

Microsoft tools ease access to Blockchain, Artificial Intelligence for businesses

May 4, 2019

The company is also introducing a cloud-based blockchain service. The block chain, a ledger for keeping track of transactions among many participants, is used in the financial technology space, and Microsoft said it is working with JP Morgan Chase & Co on the bank’s Quorum offering.

UN praises India’s zero casualty policy, evacuation of 1 million

May 4, 2019

“The almost pinpoint accuracy of the warnings, the early warnings from the IMD, allows them to conduct a very well targeted evacuation plan which resulted in 1.1 million people mainly moving to about 900 cyclone shelters.”

Boeing’s legal woes over crashes mount with negligence suits by families

May 2, 2019

“If they deny theSave ir negligence, we are going to seek every single email, text message between them and the FAA,” Robert Clifford, attorney for Njoroge and Vaidya, told reporters in Chicago on Monday.

Cybersecurity Costing Large Financial Firms $3,000 Per Employee: Survey

May 2, 2019

Some of the largest banks tripled cyber-defense budgets in the last three to four years amid a surge of attacks on client information, accounts and other data. The finance sector was the focus of 19 percent of all attacks monitored by International Business Machines Corp. last year, the technology firm said in a February report. Spending more on security doesn’t necessarily translate to better defenses, Deloitte said.

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