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.

Twists in COVID-19 cover: Here’s why your insurer can no longer deny, delay hospitalisation claims

BUSINESS

Twists in COVID-19 cover: Here’s why your insurer can no longer deny, delay hospitalisation claims

Customers will not have to worry about claims delays in Coronavirus hospitalisation incidents after IRDAI nudging insurers to make settlements quickly.

Too much technology at home not a good thing - here is why

TECHNOLOGY

Too much technology at home not a good thing - here is why

Smart homes with connected appliances is the new trend in India. But, are ignoring the dangers of leaving technology unattended?

Explained: Here’s what a standard drone insurance policy will look like in India

BUSINESS

Explained: Here’s what a standard drone insurance policy will look like in India

Among other things, regulator IRDAI has said that drone insurance policies should cover an operator’s legal liabilities and damages. Insurers will also have to pay for repair/replacement of insured drones. Optional covers related to cyber liability, invasion of privacy, and night flying can also be offered by insurers.

Board exams amidst COVID-19: Students juggle online school, tuitions and self-study

BUSINESS

Board exams amidst COVID-19: Students juggle online school, tuitions and self-study

The pandemic has turned out to be nightmare for board students struggling to keep up with the syllabus, battling exam stress, virus fears and admission worries

Explained: Why are top business leaders betting big on education institutes?

BUSINESS

Explained: Why are top business leaders betting big on education institutes?

The corporate honchos will access skilled quality-talent at the entry level, while their own big names will brighten the employment prospects of the candidates, who will also acquire real-world-problem-solving-skills

EXCLUSIVE: We are working towards the Q3 timeline for our IPO, says LIC chairman MR Kumar

BUSINESS

EXCLUSIVE: We are working towards the Q3 timeline for our IPO, says LIC chairman MR Kumar

Since the Finance Ministry is looking at having Life Insurance Corporation’s IPO in Q3FY22, says LIC chairman MR Kumar, the first step will be to get the state-owned life insurer’s valuation carried out. Meanwhile, amidst the challenging business environment, LIC is eyeing 15 percent growth in new premiums this fiscal year

EXCLUSIVE: LIC gross investments will exceed Rs 5 lakh crore in FY21, says chairman MR Kumar

BUSINESS

EXCLUSIVE: LIC gross investments will exceed Rs 5 lakh crore in FY21, says chairman MR Kumar

LIC's`contrarian’ strategy when investing in equity markets, to sell when the sentiment is bullish and buy when the mood is bearish, has paid rich dividends

New Labour Code: Will companies offer four-day workweek?

BUSINESS

New Labour Code: Will companies offer four-day workweek?

The proposal appears unworkable in manufacturing, where machines need to be operated round-the-clock, and project-based sectors like real estate; longer hours may also deter women workforce.

Explained: Why the Union Budget's hike in customs duty in LED components may end up helping Chinese imports

BUSINESS

Explained: Why the Union Budget's hike in customs duty in LED components may end up helping Chinese imports

Customs duty hike is imposed only on components used in LED light manufacturing and not on fully imported LED lighting.

Work-from-home allows employees to juggle home chores with office work; what is your problem?

BUSINESS

Work-from-home allows employees to juggle home chores with office work; what is your problem?

While Work from home has turned out to be cost-effective and efficient for companies, there is still a mental block In India towards corporate staff doing household chores.

Budget announcement on Ulips won’t impact us: HDFC Life Insurance CEO Vibha Padalkar

BUSINESS

Budget announcement on Ulips won’t impact us: HDFC Life Insurance CEO Vibha Padalkar

Earlier, the maturity proceeds of Ulip policies were tax free irrespective of the premium paid. However, Budget 2021 has said that this tax exemption will be applicable only on the maturity proceeds of Ulips having an annual premium up to Rs 2.5 lakh.

Revenue from consumer products fuelled Q3 profit growth, says Bajaj Electricals CFO

BUSINESS

Revenue from consumer products fuelled Q3 profit growth, says Bajaj Electricals CFO

The Earnings Before Interest and Tax for the CP segment stood at Rs 142 crore, showing a 115 percent rise over the year-ago period.

Explained: Here's why your favourite laptop could be out of stock

BUSINESS

Explained: Here's why your favourite laptop could be out of stock

The Coronavirus-induced lockdown had shut down all production facilities globally. The sudden demand for laptops, thanks to work-from-home, has triggered an acute shortage of chips that are crucial for running PCs

Union Budget 2021: Inadequate allocation for skilling, digital learning a concern

BUSINESS

Union Budget 2021: Inadequate allocation for skilling, digital learning a concern

Despite the government’s stress on NEP, a 6.1 percent drop in total allocation for the Ministry of Education is considered baffling for the sector’s premier stakeholders

Budget 2021: Industry welcomes insurance FDI limit hike to 74%; management control clause remains a concern

BUSINESS

Budget 2021: Industry welcomes insurance FDI limit hike to 74%; management control clause remains a concern

While announcing the proposal to hike FDI limit to 74 percent for the insurance sector, Finance Minister Nirmala Sitharaman said there would be 'safeguards'. Keeping management control with Indians could dissuade infusion of fresh investments from abroad.

Is it time to expand maternity leave for adoption of children across age groups?

BUSINESS

Is it time to expand maternity leave for adoption of children across age groups?

Women are entitled to maternity leave for adoption, only if the child is below three months of age at that time. This has posed several challenges to women who chose to adopt.

Boomers show that age is no barrier for upskilling in India

BUSINESS

Boomers show that age is no barrier for upskilling in India

From photography and video editing to artificial intelligence and machine learning, those over 50 are dabbling in everything. Professionals in the 30-45 age group form the bulk of India’s $2.5 billion online upskilling industry. But industry sources say the above 50-year category saw the fastest growth — a whopping 40 percent — over the last year

Taskmo's task-based pricing model complements our offerings, says Quess Corp Group CEO

BUSINESS

Taskmo's task-based pricing model complements our offerings, says Quess Corp Group CEO

Under the agreement, Quess can acquire upto 49 percent stake in in digital gig worker platform Taskmo. In the first tranche, Quess is buying 16.1 percent stake for Rs 2 crore.

Shortage due to pent-up demand, having fabs in India will help, says NXP Semiconductors India boss

BUSINESS

Shortage due to pent-up demand, having fabs in India will help, says NXP Semiconductors India boss

The situation could normalise over the next three-six months, Sanjay Gupta, Vice President and India Country Manager, NXP Semiconductors, has said.

IIT-Massachusetts? Under Joe Biden that could soon be a reality

BUSINESS

IIT-Massachusetts? Under Joe Biden that could soon be a reality

Last year’s National Education Policy proposed allowing Indian Institutes of Eminence to set up campuses abroad, and the regime change in the US may well lead to that becoming a reality. President Joe Biden has stated that he plans to increase grants for new and existing higher education institutes to improve graduation rates and reduce income disparities in the US

Polycab to launch IoT-based FMEG products under new brand HOHM

BUSINESS

Polycab to launch IoT-based FMEG products under new brand HOHM

In an interaction with Moneycontrol, Gandharv Tongia, Chief Financial Officer of Polycab, said that HOHM would have products that could be operated from any device, be it a mobile phone or laptop.

Exclusive | Covid vaccine reluctance: Adverse reactions covered under health insurance

BUSINESS

Exclusive | Covid vaccine reluctance: Adverse reactions covered under health insurance

If a policyholder experiences any discomfort after taking the COVID-19 vaccine and needs to be hospitalised for treatment, it will be covered under health insurance. However, vaccination costs or treatment/medication for minor fever, body ache by local doctors after taking the vaccine will not be borne by insurers since this does not involve hospitalisation.

Virtual cover: Buying insurance against cyber crimes gets simpler, but conditions apply

BUSINESS

Virtual cover: Buying insurance against cyber crimes gets simpler, but conditions apply

For phishing, online fraud or cyber stalking, insurance covers could be widely available at affordable rates in India soon. But individuals would ensure that they are up-to-date with anti-virus security to avail of these products.

Insurance FDI hike: Centre may face opposition from allies over dilution of Swadeshi tag

BUSINESS

Insurance FDI hike: Centre may face opposition from allies over dilution of Swadeshi tag

There is a view that hiking the FDI limit in the insurance sector from 49 percent to 74 percent could lead to foreign partners in insurance JVs taking all major business decisions, affecting nationalist interests.

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