United Nations Commission on International Trade Law Model Law on Cross border Insolvency (1997) is the most widely accepted legal framework on cross-border insolvency.
The scheme has provided benefits to about 11.78 Crore farmers and funds amounting to Rs 1.82 lakh crore in various instalments have been released to the eligible beneficiaries.
The International Business Machines Corp. (IBM) has announced the launch of its new cybersecurity hub based in India, to address the growing threat of cyberattacks in the Asia Pacific (APAC) region. The multi-million dollar IBM Security Command Center will be located at the IBM office in Bengaluru in Karnataka.