The economic impact of the Covid-19 pandemic calls on business leaders and the Board to meet the challenges on multiple fronts, ensuring the health of the business and positioning the enterprise to thrive at a new normal while attending to customer expectations and people’s needs.
Tag: Covid-19 business threats
Nykaa raises ₹100Cr from Steadview, operations halted due to coronavirus
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•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…
SpiceJet employees at mid and senior level to face pay cuts
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•37% Of small businesses in the US are struggling to stay afloat
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•Coronavirus pandemic has engulfed the entire world, creating nation lockdowns in most countries which have put immense impact on businesses of all forms, creating job losses and shutting down manufacturing operations across the globe. However, there is news from China that its industries have started operating as the country has no new coronavirus cases. But…
Coronavirus: Arthur D. Little unites international CEOs to help combat COVID-19 business threats
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•Global management consultancy Arthur D. Little (ADL) has initiated an international platform for CEOs to exchange crisis management experiences while dealing with COVID-19. Under the motto, “Learning from each other and coping with the crisis together,” the aim of the pro bono initiative is to build a pool of experience and provide companies and public…