India’s largest budget carrier IndiGo recently said that it has further deepened pay cuts for its senior employees and pilots by 10-13%. The recent development at the budget carrier comes just a week after it announced plans to lay off staff to tide over the coronavirus crisis. According to a Mint report, the salary cuts…
As the country was under complete lockdown till May 3, all manufacturing operations were shut down nationwide resulting in great loss to the companies involved in manufacturing. However after May 3, the central government has lifted lockdown in few areas which are categorised as Green Zones, but the manufacturing operations are run in accordance to…
The ongoing coronavirus pandemic has crippled the world economy to the extent that many are estimating that this could spark a recession worse than the 2008 financial crisis. Many sectors of the economy like travel and airlines have come to a total standstill with the travel restrictions imposed by various governments globally. In an attempt…
The coronavirus pandemic has not only affected human interaction but has brought the economy to a complete halt. The impact of the crisis can be seen taking a toll on several new-age startups and SMEs who have now resorted to cost-cutting measures. Companies like OYO, Swiggy, Meesho, Bounce, Udaan, and Paytm have either laid off…
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…
Intuit QuickBooks announced the launch of the Small Business Relief Initiative, in collaboration with Milaap, to help small and micro businesses in India to raise money to tackle the challenges arising from the COVID-19 lockdown. Intuit’s QuickBooks Online is the world’s leading financial management solution for small businesses and accountants. The Small Business Relief Initiative…
Indus Towers, India’s independently managed company offering passive telecom infrastructure to all telecom operators, announced that it has contributed Rs 35 crore to the PM Cares Fund in order to support the country’s fight against COVID-19. “Indus Towers’ teams on the frontline are playing a crucial role in enabling essential services of keeping India and…
Intuit QuickBooks announced that it is starting a program called Consult an Expert to support small businesses and accountants in India during the COVID-19 pandemic. Intuit’s QuickBooks Online is the world’s online leading financial management solution for small business owners and accountants. The Consult an Expert program will provide free, timely, relevant and virtual advice…
The Coronavirus pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight against the pandemic. Pharma major Lupin Limited (Lupin) announced a contribution of Rs 21 crores for relief efforts directed towards mitigating…
In order to make the nationwide lockdown successful so that the coronavirus crisis can be contained, companies are taking initiatives to provide all essential products delivered at home. Marico Ltd, India’s leading consumer goods company announced it will be delivering essential products in Delhi NCR and Bangalore, and soon will be starting this service in…
More than 1 million people have been infected and at least 51,000 have died in more than 170 countries from the coronavirus. According to the health officials, social distancing remains the best way to slow the spread. In India, when the country is under complete lockdown for 21-days, all efforts are made to contain the…
The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight against the pandemic. Simpolo Ceramics announced its contribution of Rs. 50 lakhs to PM & CM Care funds to fight the COVID…
MOIL, a state-owned manganese-ore mining company, announced it will be contributing Rs 45 crore to the PM-CARES fund to support the cause for the fight against Covid-19 pandemic that has already impacted millions of lives in the world. The company in its press statement mentioned how it has been following the impacts of coronavirus in…
Honda India Foundation, the Corporate Social Responsibility (CSR) arm of Honda group companies in India, announced it has pledged Rs 11 crore aid towards COVID-19 relief and prevention measures. The foundation will immediately supply 2,000 units of high pressure backpack sprayers to various government agencies. These light-weight powerful sprayers will be used for disinfectant fumigation…
The Ramco Cements has joined the battle against the coronavirus that has already caused immense destruction of lives across the world. The fight against the virus is not easy but the way people are uniting and showing support, it seems the world is ready to take on this battle in order to defeat the coronavirus.…