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MC Explains | Air India’s new system to identify drunk passengers

January 26, 2023 by www.moneycontrol.com

Air India reviewed its inflight alcohol service policy on January 24 and made some adjustments after embarrassing onboard incidents that triggered fines and public anger. As part of the review, the airline said it will adopt the US National Restaurant Association’s traffic light system to tactfully refuse alcohol to passengers if they seem to be at risk of behaving inappropriately. What is the National Restaurant Association’s traffic light system? The National Restaurant Association’s traffic light system asks servers to determine whether a customer needs to be cut off from being served liquor. The system categorises passengers into green, yellow or red stages based on their behaviour, body language, facial cues, and ability to comprehend instructions. Read More COVID-19 Vaccine Frequently Asked Questions View more How does a vaccine work? A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to … [Read more...] about MC Explains | Air India’s new system to identify drunk passengers

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Sequoia-backed DeFi app Flint discontinues flagship yield service: Report

January 27, 2023 by www.moneycontrol.com

In its yield offering, Flint promised users a fixed return on their deposits of Ethereum, Bitcoin or several of its listed options. Decentralised Finance (DeFi) startup Flint, which is backed by investors like Sequoia Capital and Coinbase, has decided to discontinue its flagship yield offering service amid regulatory uncertainty, YourStory reported on January 27 citing an internal mail. "Today we are announcing the regrettable but necessary decision that Flint will be phasing out its services due to regulatory clarity around crypto deposit-taking companies like ours," the company said in the email to users, the report stated. The development comes after the DeFi startup had in November last year informed that it has "moved out" its funds from crypto exchange FTX, which recently became bankrupt. The saga that shook the crypto world last year began with FTX filing for US bankruptcy court protection from creditors and founder Sam Bankman-Fried resigning as chief executive … [Read more...] about Sequoia-backed DeFi app Flint discontinues flagship yield service: Report

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