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.…
Tag: Covid 19)
FabHotels lays off up to 80 employees, slashes salary across levels: Report
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•The novel coronavirus pandemic has crippled the entire travel and hospitality industry. With a complete lockdown enforced in countries around the world and travel bans put in place by governments and organizations, all travel-related businesses have to come to a halt. The hospitality industry is suffering so badly that it has now resorted to layoffs…
Uday Kotak and Kotak Mahindra Bank allocate Rs. 60 Cr. for Covid-19 relief operations
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•Kotak Mahindra Bank has announced a commitment of Rs. 35 Cr., to support the central and state government in their fight against Covid-19. Apart from this Uday Kotak, has offered his personal commitment of Rs. 25 Cr. to the PM CARES fund. The funds will be directed at supporting the governments initiative towards preventive, curative,…
Coronavirus: CXOs of major corporations forego their salaries to keep business going
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•The coronavirus pandemic has hammered industries into a wall of troubles. Organizations are now calling the impact of this pandemic worse than any other pandemic or war has ever caused. The novel virus which originated in China has now become a global problem. So far the virus has claimed more than 19,000 lives and infected…
Coronavirus: Manufacturing shutdown in India’s industrial sectors
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•Markets across the globe are severely impacted from the coronavirus pandemic, resulting in shutdown of manufacturing facilities in various countries including China, which is the largest exporter of goods in the World. Many industry experts and historians say that the shutdown of heavy industry is unlike any seen since the 1940s. According to the Organisation…
88% of organizations are encouraging remote working due to coronavirus, says report
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•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…
Entrepreneurs write to Prime Minister saying “Coronavirus Doesn’t Discriminate, Need Lockdown”
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•The coronavirus has impacted many businesses worldwide. The novel virus which originated in China has now spread to 160 countries while 180 positive cases and four deaths in India alone. Businesses have been forced to resort to cost-cutting measures and put a halt on expansions. Some are even asking the government to step in. A…