Wednesday morning news brief, March 28

Wednesday morning brief Mar 28 2018
Good morning!
Here’s everything you need to know to start your day…
China said it won a pledge from North Korean leader Kim Jong-un to denuclearise the Korean peninsula. After two days of speculation, China announced on Wednesday that Kim Jong-un had visited Beijing and met Xi Jinping during what the official Xinhua news agency called an unofficial visit from Sunday to Wednesday. The Chinese president has pledged in return that China would uphold its friendship with its isolated neighbour. Read.
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Steven Smith, David Warner and Cameron Bancroft will be sent back to Australia for their role in the ball-tampering scandal. Cricket Australia (CA) has announced that Smith, Warner and Bancroft will have no further role to play in the ongoing tour of South Africa. The CA CEO James Sutherland said that the board will be “in a position to announce sanctions” in the next 24 hours and the quantum of punishment for the trio will be revealed too.
Pakistan’s Prime Minister Shahid Khaqan Abbasi had to undergo a routine security check at a US airport. Abbasi was in the US last week on a private trip to meet his ailing sister. He also met vice-president Mike Pence in an unscheduled engagement at which he was bluntly told Pakistani has to do more to address concerns about its nurturing of terrorist groups.
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I-T department has frozen some of the bank accounts of Cognizant to recover Rs 2,500 crore DDT to the government. Cognizant was required to pay DDT to the extent of Rs 2,500 crore in 2016-17, but has not paid so far, a senior tax official said. The department said that Cognizant purchased its own shares from shareholders in May 2016 under the scheme of arrangement and compromise between them and the company.
Supreme Court has expressed concern over the potential misuse of Aadhaar data by private companies for commercial use. The apex court said that safety measures put by UIDAI may not be sufficient to deal with the problem as there is no data protection law in the country. Meanwhile, UIDAI CEO gave SC a 4-hour presentation on how data was well protected and could not be breached.
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