Buying health insurance is an essential item in a personal finance to-do list. If you have already bought one then you are supposed to renew it every year. Over a period of time, the quantum of health insurance required goes up, and so does the premium payable. Rising health insurance premium rates further inflate the bill. That makes many look for larger cover at relatively less price. Some end up buying super top-up policies. Of late, many insurance companies are offering restoration benefit that makes many believe that their existing covers are enough to take care of large hospitalisation expenses.Insurance industry officials tell us that these days some first time insurance-buyers typically want to buy policies with restoration benefit and want to settle for a sum-assured they otherwise would have thought inadequate. At the time of renewal, these insurance buyers may end up opting for the renewal of their base health insurance plan and not renew their super top-up insurance plan as … [Read more...] about Restoration benefit: Should you dump your super top-up policies?
The fine print
Infosys has imposed a Rs 950,000 fine on Lead Independent Director Kiran Mazumdar-Shaw for inadvertently trading 1,600 shares of the company without getting a pre-clearance for trade, Infosys said in its BSE filing on February 28.According to the statement, the trade was carried out by the portfolio manager of Mazumdar-Shaw without her knowledge during an open trading window period on February 13.“In portfolio management services, the investor does not generally monitor the day-to-day investment decisions. In this case, as well, Ms Mazumdar-Shaw had given no instruction to conduct the Trade and she also had no knowledge of the Trade having occurred. The portfolio manager unilaterally took the decision to conduct the trade,” the statement said.Close Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth … [Read more...] about Infosys board fines Kiran Mazumdar-Shaw for inadvertently trading shares without nod
Cincinnati-based startup 3DLT, home of the “the first store for 3-D objects,” has gone global with the launch of a new storefront on Amazon. The storefront showcases an array of 3-D printed products, from lampshades to jewelry, and, according to the company’s CEO, John Hauer, is part of a pilot program by Amazon to introduce 3-D printed products to a wider market. In an interview with Upstart Business Journal, Hauer explained how the deal came together. “When we began feeding the products into Amazon, we got a call from them: ‘what are you doing?’” Hauer said. “We said, ‘We’re putting some products in your marketplace.’ They said, ‘That’s all well and good, but we don’t have a category called 3-D printed products.’ We said, ‘We’d like to help you create one.’” The move by Amazon points to an increased belief that 3-D printing tech can actually be used by the average … [Read more...] about Amazon’s First 3-D Printed Products Marketplace Is Now Open For Business
A typical prosthetic leg looks pretty utilitarian–a thin metal or carbon fiber pylon rod that, unsurprisingly, many amputees would rather hide under clothing than show off. But why shouldn’t prosthetics look as good as any other technology we buy? Working along with an orthopedic surgeon, designer Scott Summit came up with a 3-D printed custom fairing, a covering for a prosthetic that each customer can design themselves. advertisement advertisement Someone with a tattoo can design an intricately carved fairing that matches. Or someone with a classic motorcycle can design a chrome fairing that looks almost like part of the bike. (The name “fairing” comes from a term used in motorcycle design). Suddenly, something that might have once been a source of awkward glances from other people becomes cool enough to get positive attention instead. “It creates conversations,” says Chad Crittenden, who works on the fairings in the Bespoke division of … [Read more...] about These 3-D Printed Covers Make Prosthetics Stylish
Dutch fashion designer Iris Van Herpen, the mastermind behind many of Bjork and Lady Gaga’s futuristic costumes, has grown dresses from magnet filings and based an entire collection on photos of vermin and lice taken under a microscope. The first to 3-D print haute couture, her avant-garde, otherworldly designs fuse fashion with science and tech. Now, she’s made her first foray into the world of print as guest editor of A Magazine Curated By, a Belgian fashion publication that taps a top designer to develop personalized content for each issue. Her ultra-modern aesthetic shocks and awes as usual, starting with the cover image, shot by photographer and director Pierre Debuscherre: model Hane Gabby Odiele has A Magazine Curated By tattooed to her gums, exposed by a golden ring peeling her lips apart, like high-fashion orthodontia. Debuscherre shot digitally manipulated pieces from Van Herpen’s sculptural collections as well as pieces by Christian Dior, haute-goth capes … [Read more...] about Here’s What Happens When Iris Van Herpen, The Alexander McQueen Of Tech, Curates A Magazine