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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.

XL Catlin to acquire 20% stake in Mahindra Insurance Brokers

BUSINESS

XL Catlin to acquire 20% stake in Mahindra Insurance Brokers

In a press statement, the company said that XL Group will help support MIBL’s endeavours to increase insurance awareness and penetration in under-penetrated markets and across under-served customers in rural India.

6 sectors to hire big in next 6 months; fin services to be in thick of action: Report

BUSINESS

6 sectors to hire big in next 6 months; fin services to be in thick of action: Report

According to TeamLease's Employment Outlook Report for H2FY18, the net employment outlook for the coming 6 months (October 2017 to March 2018) will see an incremental increase of 2 percentage point.

IPOs of 3 public sector general insurers may be pushed to second half of FY19

BUSINESS

IPOs of 3 public sector general insurers may be pushed to second half of FY19

It is likely that the IPOs of New India Assurance and General Insurance Corporation of India (GIC Re) will be out in this financial year.

Fitch Learning to offer training programmes for banking sector as RBI deadline nears

BUSINESS

Fitch Learning to offer training programmes for banking sector as RBI deadline nears

Under the new Reserve Bank of India (RBI) policy of higher standards and capacity building for financial professionals, the Indian Banks Association (IBA) has selected Fitch Learning to provide training programmes.

Why risk-based capital is still some time away in insurance

BUSINESS

Why risk-based capital is still some time away in insurance

The idea behind having RBC was to ensure that companies which have been found to be engaging in risky business practices and offering unsustainable pricing will be required to maintain a higher level of capital.

IRDAI debating feasibility of PE investments in insurance companies

BUSINESS

IRDAI debating feasibility of PE investments in insurance companies

There are several PE firms invested in insurance companies and concerns have been raised about their investments since some of them are short-term in nature and exits are also being planned.

This festive season, corporate gifting for employees goes digital

BUSINESS

This festive season, corporate gifting for employees goes digital

Moving away from cash incentives and physical gifts, more number of companies are now turning to digital gifting options including online coupons and gift cards.

Unemployment topmost risk cited by Indian businesses: WEF survey

BUSINESS

Unemployment topmost risk cited by Indian businesses: WEF survey

Huge job losses fuelled by automation, robotics and artificial intelligence has been a source of concern in markets like India. Professionals are engaged in upskilling to ensure that they stay relevant to their job roles.

LIC topped list in agent productivity in FY17

BUSINESS

LIC topped list in agent productivity in FY17

The report said that while the number of exclusive or tied agents engaged by life insurance companies has seen fluctuation over the years, but the number of agents in FY17 was lower than that in FY13.

Almost 100,000 temp jobs up for grabs this festive season

BUSINESS

Almost 100,000 temp jobs up for grabs this festive season

While there was a fear that the goods and services tax (GST) would led to retail, FMCG and e-commerce scurrying for cover and try to get the systems in place, the transition has been smooth leading to robust hiring numbers for temp workers.

1 day earlier, 8 weeks now: Why India Inc is getting serious about paternity leaves

BUSINESS

1 day earlier, 8 weeks now: Why India Inc is getting serious about paternity leaves

Compared to a mindset that bringing up a child is only a woman’s job, both individuals as well as organisations have realised that it is the joint responsibility of both the father and mother.

Volatility of our business is much lower than our peers: HDFC Life chief

BUSINESS

Volatility of our business is much lower than our peers: HDFC Life chief

Amitabh Chaudhry, MD & CEO, HDFC Life, is of the view that comfort level around consistency of insurers' performance going forward has improved leading to better valuations

Returning from Middle East? It may be tough for you to find a job here

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.

Global reinsurers to face litmus test in Dec as GIC Re's rights come up for review

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.

Companies are hoping govt gives them time to adjust to GST: Tax expert

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.

Insurers to line up products to be sold by point of sale persons

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.

Extra funding to educational varsities will be linked to govt ranking: HRD Minister

BUSINESS

Extra funding to educational varsities will be linked to govt ranking: HRD Minister

Payouts to senior executives should be in line with rest of staff hikes: HR consultants

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.

Insurers get a panel of 13 actuaries to review products

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.

Beyond conventional careers: Opt for niche courses for a change

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.

IIT Jammu, IIM Vizag get maximum funds from govt

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.

If your policy claim is up to Rs 10 crore, seek help from insurance brokers

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

No resume, no interview, no biases: Will this new hiring concept catch on?

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.

Eyeing synergy with Aditya Birla Health; losses to be wiped out soon: Birla Sun Life

BUSINESS

Eyeing synergy with Aditya Birla Health; losses to be wiped out soon: Birla Sun Life

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