Tapan Singhel on Transforming Insurance in the Era of Digital Revolution
Digitisation has touched all industries, and the insurance sector is not far behind. There have been many changes post-Covid, but it is time to understand the next step in this journey. Digitisation has touched all industries, and the insurance sector is not far behind. There have been many changes post-Covid, but it is time to understand the next step in this journey. Tapan Singhel, MD and CEO of Bajaj Allianz General Insurance, speaks about how digitisation can enable the interchange of data to develop capabilities that can benefit customers and save millions of lives. Edited excerpts:
Nidhi Sinha - February 29, 2024
Getting Her Priorities Right
Smita Jatia, vice chairperson of Westlife Foodworld, has donned many a hat—she is a wife, mother, grandmother, businesswoman, mentor and philosopher. While she feels there is no work-life balance for women, she believes it is important to set priorities and say no when necessary
Chitra Nair - March 01, 2024
GenAI Will Make Creativity More Precious: B.K. Kalra
Change is difficult, but it also brings agility, says B.K. Kalra, president and CEO of global IT services company Genpact, referring to the disruption in businesses brought about by generative artificial intelligence. In an exclusive interview, he gives details of Genpact’s focus on becoming an AI-first company, its AI-assisted learning platform Genome, its strategy for growth in coming years and more. Edited excerpts:
Nishant - March 01, 2024
A Nation Stuck Between Missing Jobs and Growth Ambitions
India grapples with a job crisis fuelled by factors including high youth unemployment, educational and skill imbalance and low female participation, among others. In their book, The Elephant Moves: India’s New Place in the World, Amitabh Kant and Amit Kapoor explore India’s economic evolution through the lens of competitiveness, stressing the need for, and challenges to, policy changes in its run to becoming a developed economy by 2047
March 01, 2024
The Rich Are Getting Richer, but the Poor Are Not Getting Poorer: T.V. Somanathan
Increasing consumption among the middle class and the poor in India is a valid policy challenge, the answer to which lies in creating more jobs, says T.V. Somanathan, finance secretary and secretary of expenditure in the Union Ministry of Finance. In an exclusive interview, he also discusses why the current income tax rates are reasonable and why he finds the 3% fiscal deficit target questionable among other issues. Edited excerpts:
Neeraj Thakur - February 29, 2024
An Indian Apartheid
Ideals of the proletariat, their commune and a proletariat dictatorship lay fossilised as painful photos of scores of migrant labourers walking many hundred miles to reach the safety of their village hit headlines in India in the early days of the first wave of Covid-19 in 2020
Suchetana Ray - February 01, 2024
A Deeper Alliance With Deepfake
While it has gained notoriety for its unethical use, deepfake technology has the ability to revolutionise businesses in areas like advertising, education and political campaigning. Regulatory support and greater inclusion in the formal IT sector can lend it the much-needed legitimacy
Nandini Keshari - February 01, 2024
Rage of the Fast and Furious
Southern states are angry despite being beneficiaries, along with western states, of the country’s unequal industrial development. In their rush to gather new forms of industrial opulence, they continue to benefit from the cheap labour of central and eastern regions. Will the former share their riches for a more equitable growth of the union of states?
Abdul Haleem Sherif - February 02, 2024
Time for Sunrise in the East, Says Amit Mitra
The eastern region has been dealt a raw deal for a long time, says former West Bengal finance minister Amit Mitra. The oversaturation of economic activities in the western and southern regions will push investors towards the cheaper, resource-rich east, he believes. Edited excerpts:
Parth Singh - February 02, 2024
Wipro's No to Narayana Murthy: A Rejection That Changed Indian IT Sector’s Face
Before he set up what was to become one of Indian IT sector’s biggest success stories, Narayana Murthy was rejected by Wipro chairman Azim Premji. The Infosys chairman later found out that Premji considered this one of his gravest errors of judgement. In her latest book An Uncommon Love Story, Chitra Banerjee Divakaruni explores little known facets of Murthy’s life and the influential role his wife Sudha played in it
February 01, 2024