BUSINESS
Returning from Middle East? It may be tough for you to find a job here
Apart from the fact that the skill levels are low, the salaries that they demand has also been a deterrent for companies hiring them for vacant position.
BUSINESS
Global reinsurers to face litmus test in Dec as GIC Re's rights come up for review
International reinsurers will face a review in December this year with respect to the right to first refusal.
BUSINESS
Companies are hoping govt gives them time to adjust to GST: Tax expert
L Badrinarayanan, Partner-Tax of law firm Lakshmikumaran & Sridharan India, said that with 3-4 billion transactions a month expected, companies are concerned about unintentional wrongdoing.
BUSINESS
Insurers to line up products to be sold by point of sale persons
As per the IRDAI guidelines, life insurers can sell pure term insurance products, immediate annuity products and non-linked non-participating endowment products through the point of sale persons.
BUSINESS
Extra funding to educational varsities will be linked to govt ranking: HRD Minister
BUSINESS
Payouts to senior executives should be in line with rest of staff hikes: HR consultants
Human resource consultants say while higher salary hikes are an attractive tool to retain C-suite executives, they should be proportional to the salary increases other employees get.
BUSINESS
Insurers get a panel of 13 actuaries to review products
The insurance industry will now have access to a panel of 13 actuaries who will be assisting them in a range of services. The panel has been put together by IRDAI from a list of candidates who had applied for the post.
BUSINESS
Beyond conventional careers: Opt for niche courses for a change
There may be many career options but students get stuck with select few. But, as niche career options are in trend individuals are opting to be corporate stylist or try their hand at puppetry or glass usage.
BUSINESS
IIT Jammu, IIM Vizag get maximum funds from govt
The government has disbursed Rs 258.54 crore of funds to new IITs and Rs 133.65 crore for new IIMs.
BUSINESS
If your policy claim is up to Rs 10 crore, seek help from insurance brokers
In its draft norms on insurance brokers, IRDAI said that brokers can offer limited consultancy services for claims upto Rs 10 crore
BUSINESS
No resume, no interview, no biases: Will this new hiring concept catch on?
Blind hiring is slowly making its way into the Indian recruitment market, where an applicant will be hired solely on the basis of analytical tests online.
BUSINESS
Eyeing synergy with Aditya Birla Health; losses to be wiped out soon: Birla Sun Life
BUSINESS
Higher premiums, dearer products to pinch insurance policyholders from April
BUSINESS
Fees soar at top business schools, others expected to follow suit
Business school officials said that unlike earlier when fees were increased once in every two to three years, now the hike is almost on an annual basis.
BUSINESS
For Indian students, UK and US are no longer only education destinations
Overseas education consultants are now seeing an increase in applications to Canada, Australia, France and Germany amid tightening of visa rules in the US and Britain.
BUSINESS
Even if you have Aadhaar, linking it to PAN is easier said than done
The income tax department then verifies your name, date of birth, gender as per PAN and Aadhaar number with UIDAI. Only if the data matches, it will be linked.
BUSINESS
Expect non-technical talent to move from telecom to pharma & FMCG: ManpowerGroup
Rao said hiring in the telecom sector is currently muted due the consolidation that is taking place in the industry, resulting in a reduction in the number of players.
BUSINESS
Insurance cover for HIV/AIDS patients a distant dream, expensive despite Bill
Insurers consider HIV-positive patients a risky proposition and are likely to charge high premiums.
BUSINESS
IRDA seeks segment-wise balance sheets to clean up insurers' books
Public sector insurers had Rs 10,862 crore of underwriting loss for 2015-16, compared to Rs 7,169 crore in 2014-15.
BUSINESS
Indians like their jobs but one in every two wants to quit in the next year
According to Mercer’s 2017 Global Talent Trends Study, even employees not planning to leave their current roles feel like they can't be themselves at work.
BUSINESS
Life insurers' assets rise 23% in 2 years; fixed income beats equity growth
While life insurance is considered to be a capital-intensive sector, the capital deployed has in fact come down as of December 2016 to Rs 35,127 crore compared to 2014.
BUSINESS
Companies, consultants grope in the dark to meet GST deadline
While the government wants to rollout GST from July 1, lack of clarity on tax rates has made it difficult for companies to set aside funds for future tax liabilities.
BUSINESS
Soon, an online account will become mandatory for storing your insurance policies
The regulator is rolling out a road-map for the insurance sector to have a smooth transition of policies from physical to digital format.
BUSINESS
Longer maternity leave may not mean good news for women
HR experts said that there are several loopholes that need to be bridged to ensure that no biases crop against employment of women in smaller companies.
