The novel coronavirus, which began from Wuhan in China last year, has now spread to every continent except Antarctica. The virus, which was originally expected to be China’s problem, has now become a global headache. So far the virus has infected 360,327 people and claimed more than 15,000 lives worldwide. The outbreak is now termed…
Tag: Coronavirus impact India
Coronavirus: Central government relaxes leave rules for employees over 50 years
by
•The Personnel ministry in its order released on Friday, said that the central government employees above the age of 50 years can go on a leave without producing a medical certificate to avoid unnecessary burden on the healthcare system amid ongoing coronavirus scare. As part of its effort to relax leave norms for the employees,…
Coronavirus kindness: Western Union meets customers’ needs in challenging times
by
•Western Union, a global leader in cross-border, cross-currency money movement and payments, informed its money transfer customers that the Company’s money movement network stands ready to help customers deliver vital financial support to friends and families around the world in these challenging times. Customers can choose to send funds via Western Union’s increasingly adopted digital…
Coronavirus kindness: India’s FarEye offers zero-fee technology to handle surge and execute contactless home deliveries
by
•FarEye–predictive logistics platform, announced that it will work with companies globally and equip them with its home delivery optimization software to handle surge in home deliveries with available drivers, quickly onboard part-time drivers and make deliveries contactless. FarEye will provide its solution – FarEye SERVE, free of cost – To organizations making home deliveries of…
Coronavirus: Tata Motors to shut Pune manufacturing plant
by
•As India witnesses, a spike in coronavirus positive cases, organizations around the country have started increasing their precautionary measures to safeguard their employees during the time of a pandemic. The novel coronavirus, which originated in the Wuhan City of China is now spreading really fast in the state of Maharashtra. Responding to the increasing tensions…
Coronavirus: Hero MotoCorp shuts down manufacturing plants globally
by
•Hero MotoCorp, the world and India’s largest two-wheeler company, recently announced that it is temporarily shutting down all its manufacturing facilities globally with immediate effect. The recent closure of the manufacturing is a result of the ongoing coronavirus pandemic. The company announced the closure through an official BSE filing, which read, “With the safety and…
Corporate Action: How FMCG majors are contributing in times of coronavirus pandemic
by
•The coronavirus pandemic has now spread its fears to India, the government and the private sector are both taking steps to make personal care, hygiene and sanitation products more affordable as they up the ante to combat the rapidly spreading coronavirus. The novel coronavirus which originated in the Chinese city of Wuhan has now transmitted…
Tata Sons to give full payment to daily wage earners amid coronavirus pandemic
by
•Tata Sons recently announced that it will ensure full payments to temporary workers and daily wage earners for the month of March and April in view of the coronavirus pandemic. Tata’s temporary workers across offices and production sites in India will be eligible for the payment even if they fail to report to work due…
88% of organizations are encouraging remote working due to coronavirus, says report
by
•Since the coronavirus pandemic has taken its toll on businesses, organizations have been forced to go for the world’s largest work from experiment. Companies around the globe are asking their employees to work remotely in the crisis in an attempt to prevent the transmission of the virus. While many companies are still struggling to pace…
Impact of COVID-19 across sectors in India
by
•Colliers Research highlighted the impact of COVID-19 across sectors that are mentioned below: Office Sector In 2020, Colliers Research forecasts 54.3 million sq feet (50.4 million sq meters) of gross absorption, and does not foresee any major impact on office demand due to COVID-19. However, some delayed decision making by occupiers who depend on clearances…