Tag: COVID-19 outbreak

Online grocery firm Grofers is in talks to raise $60-$70 mn funds

Grofers, a low-price online supermarket that provides grocery delivery, said that it is on track to rack up $60-$70 million in new funding, according to an ET report. Currently, the company has registered a major demand surge with more Indians shopping online for essentials amid a continued nationwide lockdown to stem the spread of the…

Covid-19 Pandemic: Ramco Systems unveils advanced facial attendance system embedded with temperature recording

The Ramco Innovation Lab in Singapore unveiled an advanced facial recognition based Time & Attendance System -RamcoGEEK, embedded with Temperature recording and IoT sensor doors to enable organizations move towards a ‘Touch -less’ attendance and workplace access, in the wake of the COVID-19 outbreak. COVID-19 has brought the focus back on ‘Hygiene’. With the Virus…

US labor market on solid footing as COVID-19 impact starts to materialize: The Conference Board

The US economy added 273,000 jobs in February and the unemployment rate fell slightly to 3.5 percent. Previous months’ employment numbers were revised up significantly, reflecting a strong labor market heading into a period of increased uncertainty around the coronavirus outbreak. Some of the strongest employment gains were seen in education and health services, leisure…