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M Saraswathy

Assistant Editor

Moneycontrol News

Saraswathy has been covering stories in the areas of insurance, HR and education for the past 10 years, having worked in the past with Business Standard.

One exam topper, many claimants — the reality behind a booming coaching institute craze

BUSINESS

One exam topper, many claimants — the reality behind a booming coaching institute craze

Students who top competitive exams often find themselves as the face of coaching institutes where they have not enrolled.

Bajaj Electricals CFO believes worst is over, expects festive sales to lift Q3 show

BUSINESS

Bajaj Electricals CFO believes worst is over, expects festive sales to lift Q3 show

Anant Purandare, CFO of Bajaj Electricals said that sales demand has picked up across the consumer appliance lines.

Explained: Here’s why the TV or AC you wanted to buy may be out of stock this Diwali

BUSINESS

Explained: Here’s why the TV or AC you wanted to buy may be out of stock this Diwali

Import curbs on certain items, coronavirus-induced restrictions on flights and closer scrutiny on shipments from China have led to delays in arrival of components and finished goods

ANSR acquires AI-platform FastNext in all-stock deal

BUSINESS

ANSR acquires AI-platform FastNext in all-stock deal

FastNext is a two-year-old AI- recruitment platform incubated by boutique product and technology services firm CoffeeBeans.

WFH impact: Wonderchef eyes Rs 120 crore revenue from festive sales

BUSINESS

WFH impact: Wonderchef eyes Rs 120 crore revenue from festive sales

Cooking at home is the new-normal and appliance brand Wonderchef is reaping the benefits of this trend.

Your non-life-cover premium to get costlier as insurers face Covid-19 losses, reinsurance charges

BUSINESS

Your non-life-cover premium to get costlier as insurers face Covid-19 losses, reinsurance charges

Premiums across the fire, health and motor segments are likely to be hiked by 10-30 percent in 2021. This is due to the hike in insurers’ claims expenses, especially due to Covid-19

Lessons from lockdown: Smartphone replaces books for Indian school children

BUSINESS

Lessons from lockdown: Smartphone replaces books for Indian school children

Academic continuity during school closure has meant that students have to rely on online lessons to stay tuned to the classroom. But, does everyone have access?

Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore

BUSINESS

Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore

According to sources, 2014-2020 has been the worst six years for the aviation insurance segment. The recent Air India Express crash in Kerala resulted in an insurance loss of $89 million, one of the highest claims in the industry. As claims increase, insurers will increase premium rates.

Explained: For the first time in its 98-year history, a Delhi University VC is  suspended. What were Yogesh Tyagi’s faults?

BUSINESS

Explained: For the first time in its 98-year history, a Delhi University VC is suspended. What were Yogesh Tyagi’s faults?

Tyagi’s tenure was to have ended in March 2021. The education ministry has brought into the open the brewing discontent between the ministry and the VC on the vacant faculty positions. It was also not happy with the way Tyagi handled the 2019 teachers’ protest.

SBI General CFO says diversified business, SBI brand helped beat industry growth

BUSINESS

SBI General CFO says diversified business, SBI brand helped beat industry growth

Private general insurer SBI General posted 53 percent year-on-year (YoY) increase in its net profit for H1FY21 at Rs 300 crore.

COVID-19: Rising fear of death, diseases see rise in PM Jeevan Jyoti Bima Yojana enrollments

BUSINESS

COVID-19: Rising fear of death, diseases see rise in PM Jeevan Jyoti Bima Yojana enrollments

Between April 1 and October 9, 6.1 million new policies have been sold in FY21 between under the PM Jeevan Jyoti Bima Yojana scheme. This shows that 1.01 million policies have been bought every month in FY21.

WFH opens up new avenues, reorients career paths for women

BUSINESS

WFH opens up new avenues, reorients career paths for women

The new workaround is working for those who would otherwise have had to ditch successful careers

Here’s why risk-taking has worked well for Star Health Insurance

BUSINESS

Here’s why risk-taking has worked well for Star Health Insurance

Unlike other health insurers, who focus on covering only healthy individuals, Star Health covers even those who have ailments such as cancer, diabetes or cardiac disease. Despite this being a risky strategy, the insurer has done well, and is on course to record 45% YoY growth in premium collection this year

Here is how you can 'kill' coronavirus through these appliances

BUSINESS

Here is how you can 'kill' coronavirus through these appliances

A slew of appliances claim to kill the coronavirus present on surfaces, food, air and even water in a few minutes. But are they the need of the hour?

As placement season approaches, jobless old students seek option to sit for interviews again

BUSINESS

As placement season approaches, jobless old students seek option to sit for interviews again

Though institutes can allow old students to come back and sit for placements within 2-3 years of passing out, it is only meant for students who opted out of placements to pursue entrepreneurial activities. Now, many institutes are looking at special arrangements.

How HUL is dealing with sexual harassment and ensuring women are safe at the workplace and beyond

BUSINESS

How HUL is dealing with sexual harassment and ensuring women are safe at the workplace and beyond

Women employees are encouraged to complain about any sexual harassment without fear of retaliation. To prevent harassment and ensure their safety, women are encouraged to avoid late working hours. When one does work late, her line manager gets an automated alert. Female employees also have the option of having a male colleague escort them home if they leave office after 8:30 pm.

Zero-interest EMIs, gifts, extended warranty and cashbacks: White goods makers go all out this festive season

BUSINESS

Zero-interest EMIs, gifts, extended warranty and cashbacks: White goods makers go all out this festive season

Every year, sales worth Rs 4,500 crore are clocked between August and December. Owing to COVID-19, there was a 65 percent decline in revenue in April, May and the first half of June. Appliance makers are hoping to make up for it in October and November.

GRE exam cost up by 3.9% but competitor rates higher, says ETS official

BUSINESS

GRE exam cost up by 3.9% but competitor rates higher, says ETS official

the cost increase for the exam was due to the fact that ETS reviews test fees worldwide on a regular basis and adjusts fees when necessary, the official added.

Why there has been an 8% increase in sexual harassment complaints at Nifty50 firms

BUSINESS

Why there has been an 8% increase in sexual harassment complaints at Nifty50 firms

The rising number of such cases signals a growing awareness among women workers about their rights, forcing several companies to ensure safer workplaces

Explained: Here’s how scores will be calculated in the new colour-coded health insurance plans

BUSINESS

Explained: Here’s how scores will be calculated in the new colour-coded health insurance plans

Products with a score of 2 or less will be classified green, more than 2 and less than 4 will be orange, while those above 4 and up to 6 will be red. Seven parameters will be considered for the coding system.

Explained: Here are the changes LIC will have to undergo before it gets listed on exchanges

BUSINESS

Explained: Here are the changes LIC will have to undergo before it gets listed on exchanges

For one, the LIC Act, 1956, will have to be amended to increase the capital base. Simplification of investment books and additional public disclosures are the other steps. A combination of Indian and international listing is expected to be the model.

Helloverify's HelloV: Get instant background verification on WhatsApp

BUSINESS

Helloverify's HelloV: Get instant background verification on WhatsApp

Helloverify's new service is targeted at both individuals and small businesses, and people can use this service to verify their tenants, employees, drivers, nannies, security guards, cooks or other domestic help instantly. The service even checks for criminal records apart from identity and address checks.

Exclusive: No single pension regulator; retirement, annuity plans will remain under IRDAI purview: Finance Ministry

BUSINESS

Exclusive: No single pension regulator; retirement, annuity plans will remain under IRDAI purview: Finance Ministry

In 2015, PFRDA had sought permission from the government to be the sole regulator for all pension products, including those sold by insurers. With this decision, pension products across the financial sector will continue to be overseen by various regulators

New RFPs for selection of pension fund managers likely by mid-December: PFRDA chairman

BUSINESS

New RFPs for selection of pension fund managers likely by mid-December: PFRDA chairman

PFRDA chairman Supratim Bandyopadhyay said that an internal committee will work out the floor cap and charge structure for pension fund management.

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