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Corporate

Tata Consumer partners with Flipkart to provide essential commodities amid coronavirus lockdown

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 […]

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Insights

Coronavirus Impact: Travel industry becomes ground zero for job losses

The coronavirus pandemic has now started to impact the world economy to another level. The novel virus outbreak, which was once considered to be China’s “internal problem”, has now become a global headache. The World Health Organization has now termed the outbreak as “pandemic”, forcing governments to act on war footing to combat the disease […]

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Insights For Employers & HR Professionals

52% of CEOs fear job losses post lockdown: Survey

The coronavirus pandemic and the subsequent government-imposed 21-day nationwide lockdown have deeply impacted the domestic economy, with a majority of firms expecting a significant decline in their top line and bottom line in the current and previous quarters, demand to decline and jobs getting impacted, according to a CEOs’ Snap Poll conducted by the Confederation […]

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News

Air Deccan ceases operations, all employees put on “sabbatical without pay”

The coronavirus pandemic has hit the airline industry really hard. With the government imposing a 21-day lockdown and putting a ban on all kinds of travel, airlines have been forced to ground their flights and send employees home. Many experts are even predicting that if the situation prevails longer than expected, several domestic airlines will […]

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Investment

Nykaa raises ₹100Cr from Steadview, operations halted due to coronavirus

Mumbai-based online beauty retailer Nykaa recently announced that it has raised ₹100Cr from existing investor Steadview Capital. Nykaa had earlier raised ₹100Cr from Singapore-based investment firm TPG Growth at a valuation of $724mn in March 2019. It was also being speculated for quite some time now that Nykaa has been planning for larger funding round […]

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News

Asian Paints pledges Rs35 cr towards Covid-19 relief

Industrialists and companies across the globe are coming together to fight these unprecedented situations created due to the coronavirus pandemic. Every day companies and leaders are joining the fight against Covid-19, announcing their contribution to contain the further spread of the coronavirus in India and the world.  Asian Paints has announced its contribution of Rs. […]

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News

HCL Technologies’ statement on the coronavirus situation

HCL Technologies, an Indian multinational information technology service and consulting company, releases a statement to update its employees and others associated with the company on how it is dealing with unprecedented situations caused by the coronavirus pandemic. According to their statement: “HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and […]

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News

TVS Group announces Rs 25 cr donation to PM-CARES fund to fight Covid-19

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers and its Group Companies TVS Credit Services Ltd, Sundaram-Clayton Ltd., and others announced their commitment to donate Rs. 25 Crores to the PM’s Relief Fund (PM-CARES) to aid the battle against COVID-19. This is in line with the company’s recent announcement of Rs 30 crore […]

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News

Coronavirus: Biocon & Biocon Biologics ensuring manufacturing of life-saving medicines

Biocon Ltd. and Biocon Biologics have activated business continuity plans across their functions to meet the needs of patients, partners, customers and other stakeholders who depend on its products. As a global company, it has presence across India, UAE, Malaysia, Singapore, Europe, U.S. and are adjusting all operations to fully comply with regulations issued by […]

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News

Coronavirus: Housing sales in India dips to 42% in Q1 2020

India is under complete lockdown due to the coronavirus epidemic. Despite different measures taken by the government on all levels, the number of coronavirus cases in the country are still on the rise. The central government of India has recently announced an economic bailout package to deal with the ongoing crisis. Many sectors are severely […]

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News

Bacardi initiates global production of hand sanitizers for local communities

Family-owned Bacardi has expanded its commitment across countries and brands to help produce more than 267,000 gallons (1.1 million liters)of hand sanitizers, as worldwide demand continues to exceed supply in efforts to reduce the risk of COVID-19. This week, eight Bacardi-owned manufacturing sites across the United States, Mexico, France, England, Italy and Scotland are joining […]

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News

NIIT develops actionable roadmaps, toolkits and packaged services to help learning and development organizations

The COVID-19 pandemic is an ongoing global crisis. As the situation continues to evolve, businesses around the world find themselves in uncharted territory as they scramble to manage through the crisis. This includes learning and development organizations who will have to make major changes in their delivery approach almost overnight. In response to this unprecedented […]

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News

Coronavirus: Coca-Cola India complies with Govt regulations during lockdown

According to the Company’s statement: The COVID-19 outbreak has proven to be a global pandemic of an unprecedented scale and resulted in a challenging time for all of us across nations. At this moment, the health, safety and well-being of our employees is of paramount importance to us. Therefore, in compliance with the Government directive, […]