V BhatiaIn September 2019, Uber India announced an insurance cover for all its riders, whether they chose to commute in a 4-wheeler, Uber Moto or Uber Auto. It covered riders from bodily injury while on an Uber trip in the event of an accident.Uber capped the accidental hospitalization and accidental disability (permanent or partial) amount to INR 5 lakh, while the upper limit for accidental hospitalization was set at INR 2 lakh. The coverage started from the time a rider entered the vehicle booked on the app, till they exited it at their destination. They could claim for insurance on the app itself.Close Uber, which operates in over 40 Indian cities, partnered with Bharti AXA to provide insurance for car rides and with TATA AIG for auto and moto rides. related news BharatPe the only Indian fintech selected for Mastercard’s Accelerate program US lawmaker says Uber must take action after disclosing sexual assault reports While Uber offers this service for free to its … [Read more...] about Do you know Uber rides insure customers against bodily injury?
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The team at Allbirds, the sustainable shoe brand, knows a thing or two about products that can literally help make the world a better place. Here, employees from the green shoe company share their favorite environmentally friendly gifting ideas for your holiday season—so you can gift well and be a good steward. advertisement advertisement Counterman by Beauty Counterpersonal care items and kits (try the beard oil!) are free of harmful chemicals that are ubiquitous in the traditional beauty industry. The company is also led by one of the best CEOs in America.” —Joey Zwillinger, cofounder and co-CEO (Complete kit $188) Zero Waste Fur Baby Kit from Package Free ShopThis kit is a fun way to add a bit of sustainability into a mundane task we have to do daily with our dogs.” —Jade Broomfield, visual designer ($41) National Parks Pass nature.” —Hana Kajimura, sustainability lead ($80) Coyuchi Farmhouse Napkinssuper nice napkins, … [Read more...] about The best gifts for the environmentally conscious, according to Allbirds employees
As an investor, based on investment goals, you can choose to invest in two kinds of mutual fund systems: growth-oriented and dividend-oriented. A growth-oriented mutual fund invests in a potential-showing company's stocks. The main goal of the investment is to achieve maximum capital appreciation.On the other hand, you can choose to invest in a dividend yield fund. The fund house invests in stocks of businesses paying a large dividend in this situation. These firms produce high earnings that enable dividends to be declared. Investments are therefore made in stocks of businesses that have proven track records of earnings being declared. If you've invested in dividend-oriented funds, you might want to learn about these dividend mutual funds. Types of Dividend Mutual FundsDividend mutual funds can be categorized into two classifications based on asset distribution: Dividend Yielding Mutual Funds (Equity) and Dividend Yielding Mutual Funds (Debt) fund.Close In the case of a dividend … [Read more...] about Dividend mutual funds: Advantages, types, how it works
From opening a bank account or buying an insurance policy to fighting cancer or even buying a pair of shoes, we are increasingly being helped or influenced by artificial intelligence (AI). In Mumbai, designers Falguni and Shane Peacock used AI to create their latest collection. In Bengaluru, a startup is using AI to improve detection of breast cancer and also make treatment cheaper. And in the Tata Motors plant in Pune, a robot is skilled enough to do 30 different tasks — that's artificial intelligence again.The world around is changing much faster than we can imagine, and this six-part series goes behind the scenes to understand how. Part I dealt with AI's impact on the auto sector, Part II on insurance segment, while Part III dealt with medical diagnostics. Today, we look at how artificial intelligence could be a threat to independent financial advisors.Robo-advisers are nothing but financial planning through artificial intelligence. … [Read more...] about AI disruption: Is robo-advisory a threat to financial planners?
BNP Paribas Mutual Fund’s equity portfolio is largely inclined towards consumption and domestic growth story, said Deputy Chief Executive Officer and Head of Investments, Anand Shah.In a freewheeling chat with Moneycontrol, Shah said that the fund house is overweight on consumer-facing companies such as like FMCG, retail, select auto, media and entertainment as he feels that these companies are seeing an uptick in demand in rural due to near normal monsoons and government spending.BNP Paribas Mutual Fund is also positive on financials particularly on private banks, life insurance sector and select retail focused stocks.Close Among NBFCs, the fund house prefers industry leaders with the right asset-liability match and the ones that have the ability to raise funds competitively.Himadri BuchAssistant Editor|Moneycontrol.com AMFI monthly report: Outflows from credit risk funds rise, inflows into equity funds plummet 85%UTI AMC-PSUs-SEBI Saga: Is it a special case treatment of SEBI … [Read more...] about Anand Shah says macros not as bad as in 2013, portfolio skewed toward consumption, auto