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Investor climate group to go for assets in private equity, debt
The Net-Zero Asset Owner Alliance, whose pension fund and insurer...
LIC’s stake in HUL crosses 5%
Life Insurance Corporation of India (LIC) on Monday said its stake...
UK Supreme Court to consider landmark Equal-Pay case against Walmart’s Asda
The fallout from the coronavirus pandemic has put renewed pressure on equality in the labor market. But British firms have made mixed progress to narrow the pay gap since the government forced companies to disclose wage data in 2018. On average, men make about 14% more than women.
Google ties more work tools into Gmail, aiming to get ahead of Microsoft
Google has been trying for more than a decade to catch up with Microsoft Corp’s Office, which dominates the global market for corporate email and document-editing tools.
Both companies have been adding video-calling features and other collaboration tools to attract new business from companies operating from home during the pandemic.
India has now less stunted children but more obese adults
More Indian adults became obese between 2012-16, the report said.
The number of adults (18 years and older) who are obese grew from 25.2 million in 2012 to 34.3 million in 2016, growing from 3.1 per cent to 3.9 per cent.
’58 Indian-origin executives employ over 3.6 mln globally, account for $1 trillion in revenue’
Indiaspora said that many of these diaspora executives have led their companies in advancing social change by addressing racial injustice, climate and sustainability justice, and the disproportionate effects of COVID-19 through policy and financial commitments.
IRDAI forms panel to explore possibility of an “Indian Pandemic Risk Pool”, to address BI risks arising out of a Pandemic event
There is a need to examine long-term solutions to address the various risks which have been triggered by the current pandemic and offer protection in case of a future similar crisis.Some of the risks like Business Interruption losses without concurrent material damage loss,loss of employment would result in huge losses much beyond the capacity of government /insurers /reinsurers, said IRDAI.
The panel will examine the the need for setting up a Pandemic Risk Pool giving rationale for the same,recommend the structure and operating model for the Pool within eight weeks. .
Insurers can now offer mandatory Arogya Sanjeevani Policy without Rs 5 lakh cap in sum assured: IRDAI
Hyderabad:: The insurance regulator IRDAI has now allowed the general and health insurers to offer mandatory,“Arogya Sanjeevani Policy” for a minimum sum insured of less than Rs.1 lakh and maximum sum assured of above Rs 5 lakhs . According to the...
Bajaj Auto unions demand factory halt after 250 workers catch COVID-19
Workers and union leaders say Bajaj has taken steps to ensure social distancing on the factory floor and in its cafeteria, besides arranging separated seating on its buses and providing masks and sanitisers for staff. But they say this is not enough.
France to rein in reduced-time work scheme as covid crisis eases
From Oct.1,workers will get 60% of their normal gross wages under the scheme, down from 70% currently, President Emmanuel Macron told employers and unions. Meanwhile, the state will reimburse employers up to 60% of the cost, instead of 85% currently.
However, a company can only tap the existing furlough arrangements for up to six months, and on Wednesday the government also outlined a new longer-term programme that is more generous for the employee and company, but demands commitments to safeguarding jobs.
The programme will allow workers to receive up to 70% of gross wages, with the state reimbursing firms up to 85% if the programme is tapped before July and 80% afterwards.
Insurers need to be flexible with customers following unemployment spikes,says GlobalData
“Insurers need to be flexible with their customers in order to reduce the impact of rising unemployment. Payment holidays can help for a limited time period. Insurers should also be flexible and allow their customers to adjust their level of cover to one that is more affordable for them. The development of usage-based policies and short-term, on-demand policies with lower premiums will also help insurers retain some of their customers during difficult times, said Yasha Kuruvilla, Insurance Analyst at GlobalData
Work-from-home:Best Practices
According to Northwestern Medicine, a lack of routine can cause people to experience stress, poor sleep, poor eating, poor physical health, and perhaps most importantly for remote work — an ineffective use of time. Find a routine that works for you and follow through consistently.