On World Youth Skills Day 2021, LinkedIn, an online professional network, has launched the ‘Career Aspirations Gen Z India’ study by research firm GfK that focuses on insights of 1,000 Gen Z students and professionals in the age group of 18 to 24 years, across June 2021. The survey captures their current sentiment, changing perceptions, and future outlook towards jobs,…
To help address urgent healthcare needs in India brought about by the second wave of the COVID-19 pandemic in the country, Ericsson announced its support to UNICEF’s COVID-19 humanitarian response in the country. As part of their support, Ericsson made an upfront donation to UNICEF and launched a month-long company matching employee donation drive globally…
US-based networking solutions provider Cisco is making a “one-off payment” of about Rs 63.5 crore towards supporting staff in India during the second wave of the COVID-19 pandemic, according to PTI report. A Cisco India employee shared a post on LinkedIn saying the company is providing a ‘crisis financial assistance’ under which employees in the…
Global pharma major, Lupin Limited (Lupin) announced that it has signed a royalty-free, limited, non-exclusive voluntary licensing agreement with Eli Lilly and Company (Lilly) for manufacturing and selling of Lilly’s drug Baricitinib in India. Lilly has received permission from Central Drugs Standard Control Organization (CDSCO), Ministry of Health, for restricted emergency use of Baricitinib in…
Sun Pharmaceutical Industries Ltd. announced that it has entered into a royalty-free, non-exclusive voluntary licensing agreement with Eli Lilly and Company (Lilly) for expanding access to Lilly’s drug, baricitinib in India. Sun Pharma will manufacture and distribute the drug in India, the release said. Baricitinib is used in combination with remdesivir for the treatment of…
The pervasive sentiment of fear due to the Covid has hampered the overall economy and chances of full economic recovery look bleak…The focus now should be on restoring employment to those who have become unemployed
Magma Fincorp Limited, a Mumbai-based asset finance company, announced the launch of pro-bono business consulting services for Small and Medium Enterprise (SME) customers under a partnership with Wadhwani Foundation. Under the program Magma will provide business consulting, digital learning management, program management office support and impact assessment to upto 1000 SME customers initially, to help…
Laws related to industrial disputes, occupational safety, health and working conditions of workers, laws related to trade unions, contract and migrant workers may stay suspended for 3 years.Uttar Pradesh government has approved an ordinance that exempts businesses from from almost all labour laws. The overall economy has been badly hit considering the Covid-19 pandemic, and…
Directives on Covid-19 management for workplaces, as per the most recent MHA order.
Covid-19 has severely impacted businesses across the globe, and amid lock down, supply chains going off and customer demand dried up a number of businesses have had to undertake drastic measures including salary cuts, furloughs, as well as job cuts. The impact has been seen globally and for businesses across industries. To understand the impact…
to prevent violence against them: Union Home Minister Union Ministry of Home Affairs (MHA) had issued advisories to all States/UTs to ensure adequate protection to healthcare professionals, medical staff and frontline workers by augmenting their safety and security cover. In spite of these advisories, some incidents of violence have been reported from different parts of the…
As per the International Labour Organisation’s prediction, the world will witness a loss of about 2.5 million jobs due to the coronavirus pandemic. Most of these job losses are coming from new-age startups and small scale industries who are being tested the most by the economic situation. After hospitality startups like Treebo and Fab Hotels,…
The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation from major corporations, philanthropists, and business leaders to support the fight against the pandemic. The Indian Energy Exchange (IEX) has also contributed Rs five crores to the PM’s Citizen Assistance and Relief in…
Wipro, Wipro Enterprises and Azim Premji Foundation have together committed Rs 1,125 crore towards supporting the fight against the novel coronavirus pandemic. The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight…
The Coronavirus pandemic has seen the world almost coming to a standstill. The pandemic has seen corporations and business leaders committing sizable amounts towards supporting the impacted people, communities as well as funding government initiatives towards fighting the pandemic as well implementing preventive measures. Indiabulls Group, a diversified financial services group, has announced a commitment…