While the coronavirus pandemic has led to a surge in consumption of online streaming platforms, Singapore-based Hooq recently announced that it is filing for liquidation and has shutdown its services. According to a TechCrunch report, the five-year-old on-demand video platform has reportedly terminated its partnerships with Disney’s Hotstar, Grab and Indonesia’s VideoMax. A joint venture…
The ongoing coronavirus pandemic has claimed more than 1,000 lives of people from all walks of life in India. The virus has become a major health crisis in the country with the Central government imposing nationwide lockdown to contain the virus. In times like these, the government has asked insurance companies to not reject any…
Zoho Corporation, a global technology company, recently announced that is introducing its Vertical Relief Plan (VRP) comprised of programs and tools to assist businesses and organizations in need across three verticals severely impacted by the crisis: Education, Non-Profit & Government, and Retail. “We are so grateful to all the workers who are helping us weather…
Chennai-based software company Zoho recently announced the launch of a new mobile app, Zoho Classes, to facilitate educational and training institutes to serve their students online. The platform is currently free for all government schools in India and for all other schools outside India it is free for up to 100 students. For every additional…
As the government issued guidelines for companies to resume operations after April 20, employees in the IT sector seem to be returning to work. Recently, Rashid Premji, the Chairman of Wipro through a tweet announced that his company has resumed operations at its Kochi campus with 120 employees joining the office. However, he also highlighted…
The Government of India recently announced that it has extended the relaxation of VPN norms till the end of July enabling employees in the IT sector to continue working from home as the nation fights the coronavirus pandemic. The recent decision was communicated by the Union Minister for Information Technology and Telecommunication Ravi Shankar Prasad…
In an attempt to strengthen its 4G network and build a strong and enhanced 5G network in the country, telecom operator Airtel recently announced that it has signed a $1bn multi-year deal with Nokia. As part of the transaction, Nokia will deploy its 5G-ready solutions for Airtel across nine circles in the country. Nokia is…
India’s largest airline by market share IndiGo, recently announced that it has decided to not go ahead with its earlier decision of employee salary cut for the month of April. The airline said that the decision is in deference to the Central government’s wishes. “In deference to our Government’s wishes of not reducing pay during…
In an attempt to promote employee welfare and the company’s relationship with dealers and franchise owners, Bharti Airtel will reportedly pay the April month salary of nearly 25,000 employees belonging to its dealers, distributors and franchisees. According to a report by Mint, the company has told its partners to pay their employees full salaries for…
The airline industry has long been in a soup due to the novel coronavirus outbreak. But things got even worse for the sector post the governments imposing nationwide lockdowns and travel-bans. It is being predicted that if the lockdown gets extended any further, several budget carriers will have to file for bankruptcy. In an attempt…
The airline industry has long been in soup due to the novel coronavirus outbreak. But things got even worse for the sector post the governments imposing nationwide lockdowns and travel-bans. It is being predicted that if the lockdown gets extended any further, several budget carriers will have to file for bankruptcy. In an attempt to…
Hindalco-owned Novelis recently announced that it has completed the acquisition of Ohio-based aluminium rolled product manufacturer Aleris Corp. The deal, which was signed two years back, has finally been completed at a value of $2.8bn. The deal has also made Hindalco the world’s largest aluminium maker. In an official statement, Kumar Mangalam Birla, Chairman of…
Alphabet and Google CEO Sundar Pichai has donated ₹5Cr to non-profit Give India, thus matching Google’s earlier donation of ₹5Cr to the online NGO donation platform. Thanking Pichai, Give India in a tweet said, “Thank you @sundarpichai for matching @Googleorg’s Rs 5 crore grant to provide desperately needed cash assistance for vulnerable daily wage worker…
The state of Maharashtra has become the worst affected state in India due to the coronavirus pandemic. The state so far has confirmed 1,619 positive cases and about 140 people have lost their lives. The state’s capital Mumbai, which is also the financial capital of India has since last month came to halt. Organizations which…
In an attempt to provide essential commodities to Indians stuck at their homes due to the lockdown, E-commerce platform Flipkart and TataConsumer Products Limited has signed a partnership. As part of the partnership, Tata Consumer Products’ distributors will list as marketplace sellers on the Flipkart platform. Consumers can use the Flipkart platform to buy different…