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Tata iPhone component plant halts production indefinitely after fire
The fire broke out at the plant in Tamil Nadu state early on...
SBI plans to introduce innovative products to boost deposit growth: Setty
C S Setty, chairman, SBI "We are trying to bring innovation in some...
Finance ministry asks CPSEs, govt depts to exempt PSU gen insurers from 1.5 solvency requirement in official tenders
The Government has recently infused capital in these three general insurers and stands committed to provide more capital, as may be required, said an ``office memorandum'' signed by Mandakini Balodhi , director(Insurance), MoF. High solvency ratio makes three of the...
RNRC is covering nearly all Russian reinsurance business
Igor Yurgens, head of the All-Russia Union of Insurers, told the same meeting on Friday that insurance companies from India and China are also staying away from Russia amid fears they will fall under secondary sanctions State-controlled Russian National Reinsurance...
Over 50K startup employees stare at job loss as India prepares for 200 unicorns
Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more Industry experts say...
LIC may unveil its new embedded value by July 15
Further to its earlier announcement on May 30th 2022, the corporation has informed that the exercise of determining the IEV as on March 31, 2022, may take some more time to get completed. Once completed and after requisite approvals, the required public disclosures of...
Employees in India feel showing more emotions at work boosts productivity: LinkedIn report
Globally, Indian and Italian workers come out on top as the funniest workers globally, with over a third (38 per cent) cracking a joke at least once a day Mumbai: Majority of employees feel that showing more emotions at work makes them more productive and boosts their...
The 5-day UN Ocean Conference took off today with the Governments of Kenya and Portugal being the co-hosts. Leaders from over 130 countries from across the world will deliberate for five days to find an international agreement on protecting the world’s oceans, seas...
NITI pegs India’s gig workforce at 2.35 cr by FY30; pitches for social security measures
According to the report, it is estimated that in 2020-21, 77 lakh workers were engaged in the gig economy and they constituted 2.6 percent of the nonagricultural workforce or 1.5 percent of the total workforce in India New Delhi: India's gig workforce is expected to...
Russian oil tankers get India safety cover via Dubai company
Certification by the Indian Register of Shipping (IRClass), one of the world's top classification companies, provides a final link in the paperwork chain - after insurance coverage - needed to keep Russian state-owned Sovcomflot's tanker fleet afloat and delivering...
Calif. top court to consider employer liability for COVID infections
It was the first ruling of its kind. Business groups have said allowing employers to be held liable for so-called "take-home" COVID infections will prompt lawsuits not only by workers' family and friends but by anyone infected by that circle of people. Companies...
Wage Revision: PSU general insurance Confederation seeks Sitharaman’s intervention for pay parity with LIC
Nirmala Sitharaman,union finance minister In a letter to finance minister Nirmala Sitharaman, National Confederation of General Insurance Officers’ Association has said the initial offer from GIPSA is disturbing and demoralizing to the workforce ‘’It is matter of...