BUSINESS
Sachin Bansal is hiring! Navi Technologies eyes 10-fold increase in recruitment in 2021
For Navi, which operates in the fintech space, the time is opportune to hire as segments such as health insurance and digital lending have seen close to 15 percent annual growth over the last two years
BUSINESS
Distance education programmes likely to see an overhaul in 2022-23
As part of the National Education Policy — 2020, the government wants to standardise rules so that the quality of programmes offered by universities is uniform across all courses. For students, this means distance education will not be available for some degrees, while others will have fully online, fully offline or hybrid options
TRENDS
As employees leave traditional style of working, gigs continue to be a hit
Freedom to decide work timings, flexible leave system and no reporting managers the lure. With no dearth of gig workers, one home services firm is planning to service 3 million ACs, covering 1.5 million households across the country, in the next 2-3 months.
BUSINESS
Deepak Chhabria vs Prakash Chhabria: A tale of gift deed vs will
The FIR has named siblings Prakash and Aruna as the main culprits. It has alleged that the gift deed was forged and was an attempt by one side of the family to take over the entire group; it is not the first legal engagement between the two groups
BUSINESS
Will Llistosella’s sudden refusal to lead Tata Motors hurt the company?
The last time when Tata Motors faced a leadership vacuum, it lost market share. Llistosella’s abrupt rejection of the top job comes at a time when Tata Motors is on a smooth ride, with its shares being among the top performers in the Nifty index this year.
BUSINESS
Fee hike for 2021-22: Round 2 of parents vs schools begins
The script is the same this year as well. Schools argue that only classroom electricity bills have come down and not maintenance costs, parents say there are no extra costs since children are studying online. Many court cases have been filed.
BUSINESS
Pandemic forced career switch? Here’s how to update your resume
The same resume that you created for your job a few years back should be tweaked whenever you are shifting to a new sector for employment.
BUSINESS
Google wants to change the future of hiring with its career certificates. Will it work in India?
The tech giant’s certification programme can revolutionise the job market, making it skills oriented and inclusive, but experts say its success requires a change in mindset as Indian companies would still prefer people with conventional degrees although Google’s certificates as an add-on would give job seekers an edge.
BUSINESS
LED makers want ban on Chinese lighting product imports to India
They say Chinese lights are inferior in quality and hence priced significantly cheaper, which is impacting their business; call for 50 percent customs duty imposition on imported products
BUSINESS
NEP 2020: Maths with History, Accounting with Physics could be among à la carte subjects in senior school
Pilot schemes under the New Education Policy will allow students of Class XI and XII to opt for any subject of their choice to promote holistic education but there are concerns that medical and engineering colleges may prefer those with traditional combinations of subjects.
BUSINESS
Location no bar: Smalltown talent finds favour among employers as remote working helps cut costs
It’s a mutually beneficial arrangement. While the companies save on their overheads, the candidates working from Tier 2 cities such as Jaipur, Chandigarh and Ahmedabad save on rent and travel costs. But the question is whether this will continue once Covid has been eradicated.
BUSINESS
Explained: Why Commerce and Arts students can now become engineers
The AICTE’s new handbook implies that students need not study physics, chemistry and maths to get into an engineering college. Simply put, even students from the Commerce and Arts streams, studying subjects such as Marketing, Floriculture and Food preparation, are now eligible for admission into engineering institutes. While the goal is to provide flexibility even to students from a non-Science background, the final admission decision will rest with the institutes.
BUSINESS
Facial analysis and health score for buying insurance? This company is offering a CIBIL-like solution
Bengaluru-based predictive health analysis firm Fedo’s system can tell insurance companies how healthy a person is and set the premium accordingly. A Fedo score of 600 and above would mean that a person is healthy, and they could be offered an insurance policy without a medical test.
BUSINESS
Appraisal season: Here are the do’s and don’ts to get the best hike
You must be truthful while stating your achievements in the appraisal forms. But don't make the mistake of being too modest.
BUSINESS
National Education Policy: PCM, PCB may not be compulsory for undergraduate engineering degree admissions
Students will get flexibility to study subjects other than Physics, Chemistry, Mathematics and Biology at Class 12.
BUSINESS
Explained: Why term policy premium rates are rising from FY22
Rising death claims due to Covid-19 and a hike in reinsurance rates have pushed private insurers to hike premiums. However, LIC, the country’s largest insurer, will not be hiking premiums because of its wide policy base and higher bargaining power with reinsurers.
BUSINESS
Vocal for locals: After Haryana's 75% diktat, more companies look to hire locals in India's manufacturing hubs
Companies now want to hire up to 25% workers from manufacturing hubs in nearby areas. This enables them to save costs and also convince state governments to give faster approvals for upcoming projects.
BUSINESS
MBA Placement report card: Consulting jobs dominate 2021 hiring at business schools
The salary of fresh graduates rose 10-15 percent to an average of Rs 19 lakh in the domestic category, but toppers got 1-2 job offers, down from 3-4 last year, signalling cautious optimism after the economic downturn
BUSINESS
Explained: Here’s how twinning programmes will look like in Indian institutes
The government will soon set up a formal structure for collaboration between Indian and foreign educational organisations on dual and joint degrees
BUSINESS
Insurance deal: Vidal Health TPA acquires Vipul Medcorp TPA
The merged entity of Vipul Medcorp with Vidal Health will make it the second largest third-party administrator in the Indian insurance sector.
BUSINESS
Haryana reservation: Knee-jerk reaction will disrupt businesses, competitiveness of state, says Quess Corp’s Lohit Bhatia
Haryana government has passed a law, stating that there would be 75 percent reservation in private jobs for domicile residents of the state. This is applicable for job roles with monthly salary up to Rs 50,000.
BUSINESS
TV prices set to rise again, from April 1, calls increase for inclusion in PLI scheme
Chinese manufacturers that are the sole source of obtaining panels for making televisions have arbitrary increased prices again.
BUSINESS
Insurance Ombudsman online case hearings: Better later than never
The new changes will mean that customers can file complaints and also attend hearings for claim rejections from their own homes via video conferencing.
BUSINESS
These women CEOs are leading the way in the path to 'insured' India
Women have started rising to the top of insurance companies, marking a significant progress in the sector that once had some branches without a ladies washroom. But there’s still a long way to go, as the extent of male domination increases with every step up the corporate ladder.
