Germany’s flag carrier Lufthansa is reportedly looking for a new Chief Financial Officer in the midst of a crisis created by the global coronavirus pandemic. Lufthansa recently announced that its Chief Financial Officer Ulrik Svensson has resigned citing health reasons. The 58-year old executive had been a member of the company board since January 1,…
Tag: Coronavirus lockdown
Air Deccan ceases operations, all employees put on “sabbatical without pay”
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•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…
Marico partners with Zomato, Swiggy to home deliver essential products
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•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…
LT Foods says ready to meet growing global demand amid coronavirus
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•Many nations are implementing complete lockdown to contain the coronavirus from further spreading, resulting in the temporary shutdown of many manufacturing units across industries in different regions. LT Foods, an 80-year old consumer food company, announced that all its facilities are operational and it is committed to meet the growing global demand for essentials. In…