BUSINESS
Huì xué zhōngwén: I want to learn Chinese, say Indians as demand for the language picks up after lockdown dip
There may be tons of trouble at the border and Chinese apps may have been booted out unceremoniously, but Mandarin remains the most popular foreign language in India. Reason: it opens up job opportunities for teachers, translators, businessmen, lawyers and finance professionals
BUSINESS
Here are some devices that can kill Coronavirus on objects
UV Sanitech from Orient Electric can even be applied on food items. Anti-viral ovens and virus-free air conditioners are also helping people to either kill or contain the spread of the virus. In fact, a slew of consumer appliances that can fight the virus are there in the market now.
BUSINESS
Acko to invest $1.2 million in car servicing platform Pitstop
Pitstop’s technology-enabled garages will be fully integrated with Acko’s claim settlement platform to offer automated and transparent claims assessment and disbursal.
INDIA
NLAT explained: Why NLSIU is holding its own entrance test, the exam format, and what happens to CLAT scores
NLAT explained: Why NSLIU is holding its own entrance test, the exam format, and what happens to CLAT scores
BUSINESS
Mahindra Insurance Brokers launches digital insurance portal PayBima
PayBima will enable insurance customers to visit the website, compare products and buy online.
BUSINESS
Explained: Why companies are giving employees well-being leave
Employee burnout is very real, with long hours of working from home taking a toll on many. A few companies are now trying to do something to alleviate the stress.
BUSINESS
Fee issue: More students’ names axed from online classes in schools
Schools across states are securing court orders to allow students to be removed from online classes for non-payment of fees. They continue to argue that while they understand the plight of jobless parents, they need money to run classes.
BUSINESS
Opinion | For an insured India, FDI cap in sector needs to be hiked to 74 percent
Increasing FDI is a low-hanging fruit in terms of reforms. It will bring in much-needed capital, increase jobs and boost insurance penetration
BUSINESS
Students will have to take open-book exams till schools reopen, here’s why
For a school, setting up a basic online exam platform could cost Rs 30,000-70,000 per year; completely online proctored tests with AI assistance could cost Rs 5-10 lakh. And nobody wants to foot the bill
BUSINESS
Cover story: Why Acko General Insurance refuses to follow the herd
Varun Dua, the company’s CEO, outlines his plans to help the digital-only non-life insurer achieve success by focussing sharply on retail consumers
BUSINESS
Demand for combination products in life, health to rise: Bharti AXA survey
There is a rise in demand for products that offer protection against loss of life and also cover for medical expenses.
BUSINESS
Market value of life insurers’ equity assets declines 26.3% in FY20
The decline in market value of equity assets of life insurance companies on a quarter on quarter basis was steeper.
BUSINESS
India Inc needs a work-from-home rejig for leave policies
Amidst remote working due to the coronavirus-led lockdown, Indian companies seem to be subtly indicating to staff that sick leaves are to be largely avoided unless there is a serious ailment or hospitalisation.
BUSINESS
Lockdown impact? Dishwashers turn hot favourites for Indians working from home
Brands like LG, Bosch and Voltas Beko are seeing a rise in demand for dishwashers as more Indians cook at home amidst the remote working during the COVID-19 pandemic.
BUSINESS
COVID-19: Schools, parents still fight over fee payment, denial of access to online classes
As charges and counter-charges fly thick and fast, the Union HRD Ministry is yet to issue a list of dos and don’ts to schools for academic year 2020 -21.
BUSINESS
Under Make in India for electronics, semiconductor fabs to be first category
Financial and tax incentives would be provided to a registered entities who agree to set up semiconductor water fabrication units in India.
BUSINESS
AI could take over day-to-day legal work from lawyers in 3-5 years, shows survey
A survey by BML Munjal University (BMU) School of Law and legal search/consulting firm Vahura showed that 90 percent of the respondents (lawyers) foresee use of digitization and technology in the sector.
BUSINESS
Expect exports to be 10% of our topline over the next 3-5 years: Polycab CFO
Polycab has also set up subsidiaries in Australia and United States to expand the international business.
BUSINESS
DU Admission 2020: Removal of trials for sports, extracurricular activities quota sends students into a tizzy
University cites COVID-19 as the reason. Every year, students skilled in sports or classical music, dance, musical instrument and the like are admitted after a live trial in front of a panel of judges
BUSINESS
How are students planning their future?
To answer that question, Moneycontrol interviewed seven young students after the coronavirus pandemic upset exam schedules and hobbled job prospects. Here are their accounts.
INDIA
Undergraduate admissions: Higher cut-offs expected across DU colleges
The average marking system across boards like CBSE would lead to cut-offs increasing by 0.5-2 percent this year
BUSINESS
Meet 18-year-old Anurag Tiwari from UP's Sarasan village who will be studying at Cornell University
A farmer's son, Tiwari scored 98.2 percent in the CBSE Class XII board exam and will be studying at the Ivy League school on a 100 percent scholarship.
BUSINESS
Polycab India chief executive R Ramakrishnan puts in papers
Ramakrishnan, whose last day in the company was June 30, will be taking a sabbatical to pursue his personal interests.
BUSINESS
Fight between UGC, states over final-year exams leaves students confused, anxious
University Grants Commission insists end-term examination for all final-year students would have to be held by the end of September 2020. Even as states say it is not at all safe now, some universities express willingness.
