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Extending his greetings to people of Meghalaya, the prime minister said the state is known for its remarkable kindness and spirit of brotherhood. "Youngsters from Meghalaya are creative and enterprising. May the state keep scaling new heights of progress in the times to come," he added. … [Read more...] about PM Modi extends best wishes to people on statehood days of Manipur, Tripura, Meghalaya

Philip Thomas, chairman, Cannes Lions and president, Ascential marketing division told Prasad Sangameshwaran, editor, ETBrandEquity.com over a freewheeling discussion at the inaugural edition of the Event Tech Virtual Summit 2021 hosted by ETBrandEquity.com. Speaking about the virtual free-to-access Lions Live and how technology has been an advantage during the pandemic Thomas highlighted the various aspects of digital events and the need for hybrid events. Edited excerpts.In the previous years, there has been some debate about moving the festival out of Cannes, but even the naysayers couldn't have seen it coming in the shape or form that it took in 2020.That's right. I've done many presentations about Cannes Lions to boards and to other key stakeholders. And one of the things I say is, in order to understand the business of Cannes Lions, you need to understand that the most important thing is the Lions themselves. The brand and the business is built on the work that wins the Lions and … [Read more...] about Event Tech Summit: A Lions Festival for every continent, Philip Thomas, Cannes Lions

Customers who have gone for loan restructuring between December and March 31 will be roughly about 1-1.2% of our portfolio, says Shyam Srinivasan, MD & CEO, Federal BankEarlier, you had projected that Rs 3,500-crore loans will need to be restructured but the request has come for only Rs 1,500 crore. It is great news but how did this drastic fall come about?The big difference between last quarter and this quarter is the reality. People have started seeing businesses doing better and generally the preference is not to be a restructured customer. December end is one milestone as in the retail and corporate customers had a chance to seek restructuring and we have seen experientially people have not opted to. Either they have paid or the situation is too bad for restructuring. I think this has worked out quite well. Customers who have the ability and belief that they will do well and will recover have sought restructuring and that number thankfully for us between December and March 31 … [Read more...] about Shyam Srinivasan on why Federal Bank restructured book is half of estimates

Washington: President Joe Biden returned the United States to the worldwide fight to slow global warming in one of his first official acts and immediately launched a series of climate-friendly efforts that would transform how Americans drive and get their power. "A cry for survival comes from the planet itself," Biden said in his inaugural address on Wednesday. "A cry that can't be any more desperate or any more clear now." Biden signed an executive order rejoining the Paris climate accord within hours of taking the oath of office, fulfilling a campaign pledge. The move undoes the US withdrawal ordered by predecessor Donald Trump, who belittled the science behind climate efforts, loosened regulations on heat-trapping oil, gas and coal emissions, and spurred oil and gas leasing in pristine Arctic tundra and other wilderness. The Paris accord commits 195 countries and other signatories to come up with a goal to reduce carbon pollution and monitor and report their fossil fuel emissions. … [Read more...] about Biden puts US back into fight to slow global warming

The coming year will see cyber defenders having to seek new ways to protect data, according to cybersecurity firm Cyfirma, which had made a few predictions on the emerging cyber threats in 2021.Nation-state hackers for hireSophisticated state-sponsored cybercriminals will increasingly hire other nation cybercriminals to execute their agenda, the firm said.“There will be a blurring of lines between state and non-state threat actors as more players enter the hacking trade. Hackers-for-hire marketplaces have seen a rampant increase in activity, and this will result in more prolific attacks in 2021,” according to the report.Intellectual property, trade secrets and research data will be of particular interest to hackers. State-sponsored cybercriminals may also look to accelerate corporate espionage in support of their national agenda to create competitive advantages for local businesses, it said.Particularly, transactional and user behavioural data will be high on hackers’ … [Read more...] about Emerging cyber threat predictions in 2021