Finance

In a fresh set of guidelines, the insurance regulator has asked general and health insurers to offer two products specifically for Covid-19 by July 15. One will be an indemnity-based product (Covid-19 standard health policy) and the other one will be benefit based product (Covid-19 standard benefit-based policy). While the policy wordings and the benefits received will be uniform across all insurers, the pricing of the product has been left to the insurers. Experts say, the standard product will be cheaper than other comprehensive health products and the benefit based Covid product will be priced higher than the indemnity…

Coming down heavily on IKF Technologies Ltd, its two officials and Clifford Capital Partners AG SA for manipulating the issuance of global depository receipts (GDR), markets regulator Sebi has slapped a total fine of Rs 15.1 crore on the firm. During the course of investigation, Sebi noted that IKF Technologies had come up with GDR issues on two occasions–on March 30, 2007 and May 15, 2009– amounting to $ 11 million and $ 10.98 million respectively, accoding to Sebi order passed on June 24. In this regard, Pan Asia Advisors was…

June 24, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. If you want your own business to grow and prosper as the world reopens and a new sense of normalcy settles in, getting to know TikTok is a good first step. The video-sharing platform has emerged from relative obscurity to become one of the leading social media companies in the world, and one of the most business friendly for entrepreneurs who know how to make it work.  TikTok is particularly custom-made for personal-brand building, and many entrepreneurs are using it in just that way. By way…

In the first two quarters of 2020, much of the global workforce was suddenly, if reluctantly, thrust into a dependence on virtual work. Employees at all levels learned to hold videoconferences for everything from sales prospecting to exit interviews. For many, the technology was as new as their workspaces: kitchen tables and makeshift desks in bedrooms. Employers are still working out how to monitor and assess how this sudden shift is affecting employee performance and how to evaluate what these workers are doing. The assessment approach known as 360-degree feedback can help. It’s a peer-review system that includes data on…

Oil prices fell $2 a barrel on Wednesday, as investors worried about record high crude inventories and feared that a second wave of the coronavirus pandemic could stall the reopening of global economies and cut fuel demand. Brent crude was down $2.04, or 4.8 per cent , to $40.59 a barrel by 11:03 a.m. EDT (1503 GMT), a day after hitting its highest since prices started plunging in March. US West Texas Intermediate (WTI) crude fell $2.04, or 5.1 per cent , to $38.33 a barrel. US crude oil inventories swelled…

June 23, 2020 9 min readOpinions expressed by Entrepreneur contributors are their own. This article was written by Alex Sixt, an Entrepreneur NEXT powered by Assemble expert. If you are looking to take the NEXT step in your business then we encourage you to check out Entrepreneur NEXT powered by Assemble. How many promotional emails do you read every day? If you’re like most people, it’s probably only a few if any, plucked out from the 50 you receive just within the early morning hours. This is the reality many brands face with email marketing: the challenge of standing…

In a fresh set of guidelines, the insurance regulator has asked general and health insurers to offer two products specifically for covid-19 by July 15. One will be an indemnity-based product (Covid-19 standard health policy) and the other one will be benefit based product (Covid-19 standard benefit-based policy). While the policy wordings and the benefits received will be uniform across all insurers, the pricing of the product has been left to the insurers. Experts say, the standard product will be cheaper than other comprehensive health products and the benefit based covid product will be priced higher than the indemnity…

Markets regulator Sebi on Tuesday restrained 20 entities from accessing securities market for conducting fraudulent trading in the scrip of Pyramid Saimira Theatre, thereby violating market norms. The regulator has also directed two entities to disgorge unlawful gains of over Rs 21 lakh, made while dealing in the scrip of the firm. Sebi found that as per media reports published in December 2008, the regulator had directed one of the promoters of Pyramid Saimira Theatre, P S Saminathan, to make an open offer for an additional 20 per cent stake at…