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Bajaj Allianz launches product to provide global health insurance coverage

Bajaj Allianz General Insurance announced the introduction of its Global Health Care product, which intends to offer health insurance coverage to all of its policyholders. According to a statement from the company, the product enables insured members to arrange any treatment without anxiety, whether it be in India or overseas, taking use of the world’s greatest medical facilities. The company added that Bajaj Allianz General Insurance and Allianz Partners worked together to give its clients a seamless claims experience through the company’s distinctive and large worldwide network of health care providers. One of the widest sum insured ranges offered on the Indian market is provided by the Global Health Care plan, which spans from Rs. 37.50 lakh to Rs. 3.75 crore (USD 1,00,000 to USD 10,00,000). The product comes with two plans, the “Imperial Plan” and the “Imperial Plus Plan,” both of which provide domestic and worldwide coverage. In-patient hospitalisation treatment, pre- and post-hospitalization costs with benefits like ambulance (air and road), living donor medical costs, modern treatment methods and technological advancement, mental illness treatment and rehabilitation, among other things, are covered by the domestic coverage for the “Imperial Plan” and “Imperial Plus Plan.” “The product addresses these exact reservations and provides you that relief in opting for best-in-class treatment anywhere in the world without worrying about the financial burden,” said Tapan Singhel, MD and CEO at Bajaj Allianz General Insurance. “Many of us want to look at international treatment options for our loved ones and ourselves, but we rarely opt for it because of the massive expenses anticipated, and it can potentially deplete the life savings of an individual. Indian residents of the country are offered the product, which has an individual sum insured available for a one-year policy cover period. The entry age ranges from 18 to 65 years for adult members and three months to 30 years for dependent children with a lifetime renewal option.

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In what ways will the new labour laws impact workers: Explained

admin / Blogs

The new labour laws, which are scheduled to go into effect on July 1st, will significantly alter the nation’s workplace culture. If the new labour codes are put into place, a number of areas of employment and workplace culture—from working hours to in-hand pay—are anticipated to change. By announcing their impending adoption, the Ministry of Labour and Employment has finalised the provisions under the four labour laws, opening the way for reforms to become a reality. After receiving the President’s assent, the four major codes on wages, industrial relations, social security, and occupational safety, health, and working conditions (OSH) have already been informed. However, the regulations must be notified in order to implement these four codes. Let us look at the laws and the proposed changes: Laws On September 29, 2020, the Center announced four labour codes: Code on Wages, Industrial Relations Code, Social Security Code, and the Code on Occupational Safety, Health, and Working Conditions. These 29 labour laws, which have not changed since Independence, are expected to be replaced. To enforce these laws in their separate jurisdictions, states must notify rules under the four codes. The drafted guidelines for the Code on Wages have only been issued by 23 states and Union Territories. When all states agree to the codes, they will be put into effect. Working hours The proposed new labour laws provide companies the option of having four working days each week rather than five or six. Four days at work do not, however, mean less effort. If the number of working days is decreased, the hours of work will increase. Employees will be required to complete the 48-hour work week. This indicates that they must put in 12 hours every day of work rather than the usual eight. There is no reduction in paid holidays due to the fewer working days. Those working four days would get three paid holidays every week. In hand salary The take-home income is anticipated to decrease under the new laws as Provident Fund (PF) contributions from both the employer and the employee rise. It is mandatory that the PF contribution be equivalent to 50% of gross pay. Leaves eligibility The number of working days needed to qualify for leave has been lowered from 240 to 180 under the new labour laws. A new employee must work 240 days in accordance with the law before they are qualified to take a leave. The minimum number of days an employee must work to qualify for leave under the new labour laws has been lowered to 180. One day of leave is gained for every 20 days of employment, yet the amount of leave earned does not alter. There will continue to be 30 leaves that can be carried forward. Lay-offs The new industrial relations code would make conducting business easier by allowing businesses with up to 300 employees to proceed with layoffs, retrenchments, and closures without obtaining authorization from the government. According to The Business Standard, all companies with up to 100 employees are currently immune from needing government approval for layoffs, retrenchments, and closures. Work from Home The purpose of the new regulations is to enhance employee welfare. They are familiar with the work-from-home (WFH) concept that was used when the COVID-19 pandemic was in effect. To ensure that the work-life balance is not impacted, companies must have some fundamental WFH policies and practises in place. What is meant by “workers”? Employees who are classified as workers will benefit from the new labour laws. The new laws’ definition of “workers” is similar to that found in the Factories Act. This does not imply, however, that factory-based blue-collar workers are the only ones eligible for the benefits. The service industry is included in the scope of the new labour laws. According to The Economic Times, every individual contributor (a person who is not primarily involved in managerial, administrative, or supervisory roles, with the exception of supervisors, who have a monthly wage cap of Rs 18,000 specified) should be considered a worker under the new labour laws, regardless of the task that is given to them or the compensation they receive. With inputs from Agencies The author, Pratik Ghosh is associated with ArdorComm Media

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Akash receives the reins of Reliance Jio from Mukesh Ambani

admin / Human Resource Community

Akash M. Ambani, a non-executive director and Mukesh Ambani’s son, has took charge of the board of directors of Reliance Jio Infocomm Ltd, RIL’s digital and telecom division, in a momentous succession for the Reliance Industries (RIL) empire. Following Mukesh Ambani’s resignation as the company’s Director with effect from June 27, Akash was elevated. Mukesh Ambani will however continue to serve as chairman of Jio Platforms Ltd, the parent company of all Reliance Jio digital services brands. Akash, who is currently leading the creation of the “convergence dividend” for more than 500 million consumers, has played a key role in the disruptive and inclusive growth path that the Reliance Group’s consumer retail and digital services have mapped out. This path is highly inclusive across geographies and income levels. Reliance Jio Infocomm, a division of Jio Platforms, is the country’s largest 4G and mobile broadband digital service provider. Akash played a crucial role in the international investments made by tech giants and investors in 2020, which helped Jio become well-known among investors worldwide. In order to promote an ecosystem that will advance digital solutioning and make the power of data and technology more available to everyone, including those who are still on the margin, he is required to continue operating at the forefront of innovation and technology. Officials from RIL say that Akash personally oversaw Jio’s most significant digital acquisitions in recent years. He has also been actively involved in the creation of new technologies and capabilities, such as blockchain and AI-ML. In the meantime, Pankaj Mohan Pawar was appointed as the company’s managing director for a five-year term beginning on June 27 by the Reliance Jio board. Additionally, it authorised the appointment of K.V. Chowdary and Raminder Singh Gujral as additional directors of the firm who will serve as independent directors for a five-year term. An announcement regarding the appointment of Isha, Akash’s twin sister, as chair of Reliance’s retail division is anticipated as soon as Wednesday, according to people with knowledge of the situation. However, the company opted not to comment. Source: PTI

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Himachal Pradesh Board announces the class 10 results for 2022

admin / Education Community

Class 10 results were released today, June 29, by the Himachal Pradesh Board of School Education (HPBOSE). This year, 87.5 percent of students passed the exam overall. The HPBOSE board’s official website, hpbose.org, has the HP Class 10 result for 2022. The login information, which includes the admission card numbers and dates of birth, will be utilised to access the HP 10th result 2022. For almost a lakh students, the Himachal Pradesh board result 2022 for Class 10 has been declared. Between March 26 and April 13, the HPBOSE board conducted the HP 10th Class exams. Similar to CBSE and CISCE, the Himachal Pradesh Board conducted the exams this year over two terms. The HPBOSE term 1 results were made public on February 10. However, there won’t be a separate notification for the HP 10th result for Term 2 in 2022. The final HP 10th exam results will be made public today. The HPBOSE Class 10 results were released on July 5 of the previous year. A 99.7% pass rate was achieved overall. Last year’s HPBOSE 10th grade results were released without tests. Because of the COVID-19 pandemic, the matric exams were postponed until April. The board used an alternative technique of assessment to generate the results.

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PM Modi pitches India’s emerging clean energy market at G7, urges investment from member nations

admin / Article/Stories

In the midst of the Russia-Ukraine conflict and while attending the G7 Summit in Germany, Prime Minister Narendra Modi urged the Group of Seven (G7) countries to consider supporting and investing in India’s emerging markets for clean energy technologies. The US, UK, Canada, France, Germany, Italy, and Japan make up the G7, an informal alliance of industrialised economies. German Chancellor Olaf Scholz extended an invitation to PM Modi to join the G7 Summit this year as a partner country. Along with India, partner countries Indonesia, Argentina, Senegal, and South Africa also attended the summit. India is currently developing into a significant market for sustainable energy technologies. The G7 nations can spend money on manufacturing, research, and innovation in this area. At the G7 Summit at a session on “Investing in a better Future: Climate, Energy, Health,” Modi emphasised that the scale that India can provide for every new technology can make it accessible for the entire globe. The fundamental concepts of the circular economy are deeply ingrained in Indian culture and way of life. “When a large country like India shows such ambition, other developing countries also get inspiration. We hope that the rich countries of G7 will support India’s efforts…” he said. Modi reaffirmed the pledge made by India at the COP26 summit of the United Nations on climate change in Glasgow in November 2021: that the nation will reduce its emissions to net zero by 2070, not adding to greenhouse gases. “All of you will agree that energy access should not be the privilege of only the rich,” Modi added, alluding to the Russia-Ukraine conflict, which has caused energy costs to rise globally. “A poor family also has the same rights on energy. And today, when energy costs are sky-high due to geopolitical tensions, it is more important to remember this.” Modi met with all of the G7 leaders outside of the meeting, where the major topic of conversation was how to get energy as a result of the global fuel crisis brought on by the Russia-Ukraine war. As Europe looks for methods to wean itself off Russian gas, the PM and Scholz discussed ways to improve their energy cooperation during their one-on-one discussion. India has received harsh criticism from Europe for continuing to purchase Russian oil despite the country being subject to western sanctions, but India has retaliated. Modi praised Scholz in a tweet for the “warm hospitality during the @G7 Summit.” “We discussed cooperation in key sectors like commerce and energy. We also had deliberations on furthering environmentally friendly growth for our planet,” he continued. The two leaders met for the second time this year at this gathering. The previous meeting took place on May 2 during the PM’s trip to Berlin for the India-Germany Inter-Governmental Consultations.

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Cipla to invest Rs. 26 crores in GoApptiv, increasing its stake to 22%

admin / Health & Wellness Community

Cipla, a pharmaceutical company, has agreed to pay approximately Rs 26 crore for an additional stake in digital technology firm GoApptiv Private, bringing its ownership to 22.02 percent, the company announced on Monday. According to Cipla, the investment will be made in equity shares and compulsorily convertible preference shares, and it will probably be finished within 30 days or on any other date that the parties may agree upon. Since investing in GoApptiv in June 2020, Cipla has seen growth and increased channel reach in lower-tier Indian towns. “This investment will further strengthen our partnership with GoApptiv enabling wider patient reach with affordable and quality drugs and end-to-end brand marketing and channel engagement across tier 2 – 6 towns in India. ‘Caring for Life’ is at the heart of what we do and will guide us towards making such strategic investments to help make a difference in the lives of our patients,” Cipla Limited’s MD and Global CEO, Umang Vohra, said. GoApptiv is a digital technology company that works with pharmaceutical companies to increase patient reach through digital solutions. For healthcare organisations, it provides end-to-end business solutions, including as distribution, digital solutions, integrated brand sales management, digital marketing, patient assistance, and healthcare data analytics. Source: PTI

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Editors Guild of India condemns the arrest of AltNews Co-founder Mohammad Zubair

admin / Media Entertainment & Art Community

The arrest of Mohammad Zubair, a co-founder of AltNews, on suspicion of injuring religious emotions, was described as “very distressing” by the Editors Guild of India on Tuesday, and they requested his immediate release. The Guild said in a statement that “It is apparent that AltNews’ alert vigilance was resented by those who use disinformation as a tool to polarise society and rake nationalist sentiments.” The co-founder of the fact-checking website was detained by the Special Cell of the Delhi Police on Monday on suspicion of encouraging animosity amongst various groups based on religion and engaging in intentional acts to incite religious sentiment in violation of the Indian Penal Code. “Zubair has been arrested under sections 153 and 295 of the Indian Penal Code. This is extremely disturbing because Zubair and his website AltNews have done some exemplary work over the past few years in identifying fake news and countering disinformation campaigns, in a very objective and factual manner,” the Guild said. It demanded Zubair’s immediate release from custody by the Delhi Police. The Guild released a statement that said, “This is necessary to buttress the commitments made by Prime Minister Narendra Modi in the G7 meet in Germany to ensure a resilient democracy by protecting online and offline content.” Zubair’s detention had already been denounced by a group of digital news media outlets, who demanded that the Delhi Police withdraw their charges against him right away. It is unacceptable that such strict laws are used as weapons against journalists, who have been given the responsibility of acting as watchdogs against the misuse of state institutions, in a democracy where everyone has the right to exercise their freedom of speech and expression, according to a DIGIPUB statement. Source: PTI

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NSUI President request a postponement of NEET UG 2022 in a letter to Dharmendra Pradhan

admin / Education Community

Neeraj Kundan, the national president of the National Students Union of India (NSUI), has written to Union Education Minister Dharmendra Pradhan requesting that NEET UG 2022 be postponed. He wrote that the NEET UG 2022 examination process shouldn’t start or end “in a hurry” given the large number of students who will take the test. Additionally, he said that the notice’s delay had drastically shortened the window for preparation and urged the postponement of NEET UG 2022 by at least 45 days. He listed five reasons for delaying NEET UG 2022 in a letter to Union Education Minister Dharmendra Pradhan. NSUI National President @Neerajkundan ji wrote a letter to Education minister Shri @dpradhanbjp ji regarding NEET UG Postponement. All centralised exam at the same time with no gap is injustice with students. @DG_NTA should consider students’ request.#JUSTICEforNEETUG pic.twitter.com/1vBe5kDkXM — NSUI (@nsui) June 27, 2022 Neeraj Kundan, the national president of the NSUI, continued in his letter by saying, “There are lakhs of students who prepare for medical examinations every year and this number is increasing every year. With millions of hopes sticking, the process should not be start or end in a hurry.” He further requested that the exam be postponed, “Considering the genuine reasons stated above. Kindly defer the NEET UG examination atleast for 45 days. So that students are both mentally & psychologically fit to appear in the examination,” he wrote.

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Anurag Thakur estimates that the media and entertainment sector will generate Rs 7.5 billion annually by 2030

admin / Media Entertainment & Art Community

The media and entertainment ecosystem is a rising sector that, according to Union Minister Anurag Singh Thakur, will produce Rs 4 lakh crore annually by 2025 and Rs 7.5 lakh crore by 2030. The rapidly growing digital infrastructure in the nation and the ongoing developments in the AVGC (animation, visual effects, gaming, and comics) sector, according to the Minister for Information and Broadcasting, have the potential to turn India into the preferred post-preferred post-production hub of the media and entertainment industry. At the National Conference on the “Changing Landscape of Media and Entertainment 2022,” which was held in Pune and organised by the Symbiosis Skill and Professional University, he gave the keynote speech. “The media and entertainment ecosystem is a sunrise sector, which is expected to generate Rs 4 lakh crore annually by 2025 and reach USD 100 billion or Rs 7.5 lakh crore industry by 2030. The government has designated audio-visual services as one of the 12 Champion Service Sectors and announced key policy measures aimed at nurturing sustained growth,” he stated. “Many job roles have emerged in the field – video editing, color grading, visual effects (VFX), sound design, rotoscoping, 3-D modeling, etc. Each job role in this sector requires a specific set of skills and competencies. It is imperative for the industry and academia to come together and design programs relevant to the needs of this sector,” Thakur added. According to the minister, the government is also looking at new collaborations with the private sector to make sure Indian students are up to date with the latest technological developments. According to Thakur, who said that “Digital India” had significantly improved the Indian content sector, “With quality content, easy access and an eager audience, India is ready to narrate its own success story and become a content creation hub.” According to him, India was selected as the first-ever Country of Honor at the Cannes Film Festival, and the Indian delegation walked the red carpet with a pan-Indian feel rather than what they refer to as Bollywood. “I don’t like Bollywood, Tollywood terms, it should be Indian film industry. There the diversity was visible,” he added. Even during the pandemic, according to Thakur, India added as many as 50 unicorn start-ups, “which speaks volumes about India’s entrepreneurial spirit,” he stated in reference to the developing start-up eco-system in India. Thakur expressed his desire to see an increasing number of start-ups come from the talent pool created by prestigious film institutes like FTII and SRFTI. Source: PTI

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ArdorComm – Education Leadership Symposium 2022 held on 24th June at Mumbai #ELS2022 #EducationLeadershipSymposium

admin / Blogs

ArdorComm Media Group in association with Adobe India hosted the “Education Leadership Symposium” as Maharashtra’s 1st physical ‘Roundtable Meet’ featuring ‘Design & Creative Education’ on 24th June 2022 at The Westin Mumbai Garden City, Mumbai. The session’s theme focused on ‘Accelerating Creative Careers’ This knowledge forum invited academicians, educators, and industry leaders from Animation, Architecture, Engineering, Design Education and Creative Education. They came under one roof to discuss the next & best practices on the creative career opportunities at this roundtable symposium. Chandan Anand, Founder, CEO & Group Editor of ArdorComm Media Group, emphasized on the event theme saying, “In a scenario where we are heading towards Education 5.0 with the socio-digital transformation taking place. In this digital age, educators and academicians have an important role to play to adopt digital transformation which impacts the performance of traditional business models for creating value in the overall design education sector i.e. engineering, architecture, designing courses, fashion, arts, animation, gaming, and VFX. It’s the need of the hour to reimagine the creative curriculum for the learners to equip them with the plethora of new-age creative career opportunities. It’s high time that the industry and academia come forward with a solution in order to benefit the learners at large by providing an industry-ready curriculum and more.” The Eminent Speakers who graced the event with their presence at this Roundtable Meet of ‘ArdorComm – Education Leadership Symposium 2022’ were: Ashish Kulkarni, Founder, PUNNARYUG ARTVISION PRIVATE LIMITED Artvision Pvt Ltd, Chairman, FICCI-FRAMES for Animation, Visual Effects, Gaming & Comics Forum Pravin Mishra, Dean, Vijaybhoomi School of Design Rajiv Mishra, Principal, Sir J.J College Of Architecture Rajesh R Turakhia, Founder & Director, Frameboxx Animation & Visual Effects – India & Visual Effects Pvt Ltd, Mumbai V. N. Rajasekharan Pillai, Vice- Chancellor, Somaiya Vidyavihar University Dr.Anant Chakradeo, Pro-Vice Chancellor, MIT ADT University, Pune Rajendra D Shinde, Principal, St. Xavier’s College, Mumbai Manoj Parmar, Director, Kamla Raheja Vidyanidhi Institute for Architecture and Environmental Studies Alka Tawari, Principal, Chembur Trombay Education Society’s College of Architecture Anand Achari, Principal, Vivekanand Education Society’s College of Architecture (VESCOA) Mandar V. Parab, Principal, L.S.Raheja School of Architecture Amol Bapat, Principal, Vasantdada Patil Pratishthan’s Manohar Phalke College of Architecture Alam Shaikh, Campus Director, Padmabhushan Vasantdada Patil Pratishthan’s College of Engineering Chaitanya Chinchlikar, VP & Business Head, CTO & Head of Emerging Media, Whistling Woods International Abir Aich, Sr. Vice President, Aptech Rohit More, Enterprise Account Manager, Adobe Mohd Yaman, Solution Consultant, DMe, Adobe Suhas Bendre, Director – Cognizant Interactive Cognizant Technology Solutions Vinayak Nabar, Principal, Asmita College of Architecture Benti Singh, Dean- Research, Kamla Raheja Vidyanidhi Institute for Architecture and Environmental Studies Supreeth Nagaraju, Head Education, Digital Media – India & South Asia, Adobe Chandan Anand, Founder, CEO & Editor, ArdorComm Media Ashish Jain, Co-Founder & COO, ArdorComm Media The Key Objectives/ Discussion touch-points of the symposium were: Thought-provoking talks to understand the role of technology in creative, skill & design education. Brainstorming the need for an industry-ready curriculum to ease the job opportunities. Industry expert speaking on emerging hiring trends, and how creative education to make the students industry-ready. Opportunities & challenges in creating a culture of creativity to impact learning Outcomes. ‘ArdorComm – Education Leadership Symposium 2022’ in association with Adobe was an important knowledge-sharing platform of the education community that cared deeply about the Design & Creative Education. It highlighted a glimpse of the education fraternity comprising India’s top academicians, educators, and industry leaders from Animation, Architecture, Engineering, Design Education and Creative Education, who came under one roof to discuss their next & best practices and views. Let’s vow to be the game-changers in the education community in 2022. Thank you for participating & witnessing Maharashtra’s 1st physical Roundtable Meet on 24th June 2022 at Mumbai, ‘ArdorComm – Education Leadership Symposium 2022’. Visit website: https://ardorcomm-media.com/els-mumbai/ Glimpses: https://ardorcomm-media.com/els-mumbai-glimpses/

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