BUSINESS
Coronavirus pandemic | Say goodbye to salary hikes for now
Cost saving is the primary focus among Indian companies as they grapple with revenue downfall due to the COVID-19 outbreak.
BUSINESS
Coronavirus pandemic | Don’t worry! No COVID-19 death claim will be rejected, assures insurance body
There was a confusion on whether the ‘Force Majeure’ clause will be applicable in case of COVID-19 deaths. Life insurers have now clarified that no such clause will be invoked
BUSINESS
Coronavirus pandemic | White goods summer season demand set for a washout
A report by Emkay Global Financial Services said that even after country returns to normalcy, demand for summer products will not take off.
BUSINESS
COVID-19 | As IIT, IIM students lose job offers, institutes appeal to recruiters to keep promises
V Ramgopal Rao, Director of IIT Delhi in a LinkedIn post said companies should consider the fact that these students are bright enough to help them get out of a recession faster than they can imagine.
BUSINESS
Coronavirus pandemic| Amidst remote working, technology poses unusual challenges
On one hand while there are privacy concerns, on the other professionals not used to video calls and meetings are making hilarious mistakes.
BUSINESS
Coronavirus pandemic| Staff shortage leads grocery firms to seek talent elsewhere
The entire retail industry (including grocery stores) is seeing a slowdown over the last two weeks. Talent shortage has amplified the problem
BUSINESS
Coronavirus pandemic | Want to get job-ready before lockdown ends? Here’s what to do
The government's Job Readiness programme will benefit students eyeing a job at top IT firms.
BUSINESS
Coronavirus pandemic | Jobseekers turn to remote working roles
Jobseekers keen to make use of the lockdown to update their CVs and apply for jobs online.
BUSINESS
Coronavirus pandemic | Insurers say no to COVID-19 cover; film producers, event managers count losses
Any losses due to cancellations of marquee events or film shoots may not get claims settled because pandemics have been excluded.
BUSINESS
Coronavirus pandemic | MHRD asks CBSE to conduct board exams only for 29 main subjects
Union HRD Minister Ramesh Pokhriyal Nishank said in a tweet that these are the subjects that are required for promotion and are crucial for admission into higher education institutions
BUSINESS
Coronavirus pandemic| Tele-checkups to e-claims: Here’s how ICICI Lombard is managing the lockdown
The company is using tele-calling services for several services, including pitching policies to clients, renewal reminders as well as to ascertain medical history of prospective customers
BUSINESS
Coronavirus pandemic | Life insurers race against time to meet sales targets
Lockdown due to COVID-19 has kept customers away from bank branches while agents are also unable to make sales visits due to suspension of public transport across the country.
BUSINESS
Coronavirus pandemic | Now you may be allowed to defer date of journey beyond April 30 in your travel insurance
While IRDAI has asked insurers to provide this option, policy holders should check with their respective companies for the facility.
BUSINESS
Coronavirus pandemic: Brace for another round of price hike in consumer appliances
A constant slide in the Indian rupee against the US dollar has led to a rise in appliance manufacturing costs.
BUSINESS
Coronavirus pandemic | Worried about pink slips, execs now ready to move jobs with pay-cut
Candidates are ready to take lower pay hikes or even cuts due to the looming threat of job losses
BUSINESS
Brace for insurance premium hikes in post COVID-19 era
As claims mount due to COVID-19 cases globally, insurers will begin hiking premiums once the cases subside
BUSINESS
Coronavirus pandemic | AC makers now have a unique problem
There is a perception that switching on a room air conditioner will lead to COVID-19 infection.
BUSINESS
Coronavirus pandemic | Not topline, but customer service, employees top priority right now: IDBI Federal Life CEO
While IDBI Federal Life has seen a decline in new premium collections, CEO Vighnesh Shahane said that it is not merely topline but customer centricity, keeping employees safe, ensuring claims settlements on time, persistency and having less complaints is what their focus would be,
BUSINESS
Coronavirus pandemic| Has your insurer rejected a COVID-19 claim? Here's what you can do
Insurers who reject claims will be required to explain on what basis the repudiation was done.
BUSINESS
Coronavirus pandemic | Recruitment firms stare at bleak future due to freeze in hiring activity
Recruitment consultants told Moneycontrol that while a few companies have adopted technology to hire people, rest have put hiring plans on the backburner.
BUSINESS
Coronavirus pandemic| Here is a list of the exams postponed in India
CBSE, ICSE, ISC as well as JEE Mains have been postponed to a date later than March 31. NEET (UG) 2020 is still on schedule for May 3.
BUSINESS
Will not bid for any rural electrification project: Anant Purandare, Bajaj Electricals CFO
In an interaction with Moneycontrol, he talks about the Q3 numbers and the way forward.
BUSINESS
LIC employee union planning nationwide protest against stake sale
LIC employees are opposing the stake sale of the government, saying that the money will go in the hands of crony capitalists
BUSINESS
Budget 2020: PSU insurers’ recapitalisation may be inadequate; delay merger, IPO
The merger and subsequent IPO of Oriental Insurance, United Insurance and National Insurance could be further delayed due to lower funds
