Reduction of Selling Fees by Amazon

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Tata AIA Life Insurance Launches Sampoorna Raksha with Instant Payout

A new term insurance policy has been launched by Tata AIA Life Insurance named “Sampoorna Raksha” which provides immediate payment of up to ₹3 lakh towards urgent expenses on intimation. Unlike traditional term plans that offer coverage only after the settlement of claims, this is its differentiating factor in its favor.

The plan provides a lump sum amount to the nominee upon the death of the policyholder, an optional income benefit. Sampoorna Raksha also offers policyholders a return of premium option where they can reclaim all paid premiums if they outlive the policy term.

Image Credit: The info edge

In this innovative term plan, Tata AIA Life Insurance aims at giving complete financial protection to families. By providing instant payments, the company enables nominees to have ready cash for coping with difficulties during hard times. Catering for changing client demands and reaffirming commitment to client-oriented options has always been part of Tata AIA Life Insurance’s mission statement.

Reduction of Selling Fees by Amazon up to 12% to Support Seller's

On September 9, Amazon reduced the selling fees in its Indian marketplace in various product categories in response to Union minister Piyush Goyal’s criticisms. The decrease in fees, which ranges between 3% and 12% will greatly benefit sellers with cheaper commodities priced below Rs.500. For example, previously a seller of printed t-shirts was paying 13.5% referral fee but now he is going to pay 2%; thus saving him Rs.34 per unit.

The major change will be felt by sellers’ fees across 59 sub-categories with different price bands. According to Amazon, this is aimed at making their partnership with the various sizes of sellers deeper so that they may expand their product list and increase their sales especially during festive season as well as increasing competitiveness among themselves on the market; it shows more than anything else that it is long-term as opposed to being just a temporary response and lets one create a perfect environment for all types of vendors throughout history whose contribution towards building a better world we still remember today.

Construction of Amaravati Scheduled to Start on the First day of December With an expected cost of Rs 60,000 crore

Minister Narayan has mentioned that construction will be carried out for Amaravati proposed capital city for Andhra Pradesh starting from December 1st. He made this announcement during CREDAI South Con 2024 event organized at Vijayawada city. The present government is examining Amaravati situation and a completion study is likely to take three months.

Image Credit: The Hindu Business Line

Chief Minister N Chandrababu Naidu has stressed on completing capital city project within four years’ time frame. Furthermore Narayan assured real estate developers that approvals for layouts and constructions would be simplified but warned them against flouting regulations. In addition to this, plan to establish a single window system for all such grants has been articulated as policy document itself suggests better approach using suggestions provided by other states’ plans related to urbanization process.

In addition, Minister also talked about ongoing infrastructural projects such as 360 kilometers roads network plan and Blue-Green Projects which are quite attractive examples; one such marvelous proposal being a boating reservoir of 50 acres area in Sakhamuru Central Park.

Haryana Lokayukta has summoned CVO of urban local bodies department in connection with a property surveyscam.

It has requested a comprehensive report detailing the irregularities and actions taken by the department on this issue. The scam involves irregularities in the property survey conducted by the department resulting into considerable amounts of revenue loss for state government. It has taken note of this case based on a complaint filed by an activist.

Image Credit: Tribune India

The CVO was asked to present himself/herself before the Lokayukta and provide an elaborate account of how the investigation was carried out as well as what measures are being undertaken to prevent such incidents from occurring again. The Lokayukta's involvement emphasizes the importance of transparency and accountability with regard to government activities especially those related to collection of revenue and management of properties.

Ola Founder Questions MapmyIndia’s Claims, Wants Legal Clarity

Bhavish Aggarwal, the founder of Ola, is openly questioning the reliability of MapmyIndia’s assertions about their mapping technology. He disclosed that he had sent a legal notice to MapmyIndia but was ignored. According to him, there need to be more openness in tech sector since they have repeated inaccuracies and unreliable claims.

This disagreement brings to light the ongoing feuds between the two companies especially with MapmyIndia being identified as being a forerunner of digital mapping and localization services in India. Aggarwal’s remarks bear broader implications about skepticism against vainglorious statements made by technology companies and validation of such statements among rivals.

It also shows how important it is for businesses to hold frank discussions and clear any legal problems quickly or else lose the faith of their communities. The outcome could determine how these two players steer through the changes happening within Indian technology space.

Malayalam film body dismisses casting couch allegations in Hema committee report

The Kerala Film Chamber of Commerce (KFCC) has dismissed allegations of a “casting couch” culture within the Malayalam film industry as mentioned in Hema committee report. The report that was meant to address issues of sexual harassment and misconduct referenced a “power group” that was involved in exploitative practices. However, KFCC stated that there is no evidence supporting these claims emphasizing that such allegations are unfounded.

Image Credit: Mathrubhumi English

KFCC’S President A. V. Anoop asserted that thus organization is committed to creating a safe place for all artists and crew members by urging film industry stakeholders to engage in constructive conversations instead sensationalizing matters through media discourse. This controversy raises questions about workplace safety and ethics in the entertainment industry which continue being addressed by the concerned parties concerning the issues regarding harassment and exploitation – the KFCC’s position reflects its commitment to integrity within Malayalam cinema as well.

“There will always be hurdles in life, but if you want to achieve a goal, you must continue.”- Malala Yousafzai