Larsen & Toubro (L&T), an engineering and construction company, has announced that it is planning to intensify its efforts to retain the company’s workforce, in light of the second wave of COVID-19, according to a company official. “What has happened after the first wave (of COVID-19) is that much of the labourers went back to…
SWELECT Energy Systems has closed its offices, units in Tamil Nadu, Karnataka amid lockdown. “In view of the second wave of the COVID-19 pandemic, followed by the lockdown announced by the Government of Tamil Nadu and Karnataka, the operations of the office/ units of the company are closed today onwards and respective office employees are allowed to attend…
Since the imposition of nationwide lockdown by the Indian government, layoffs and furloughs have become a piece of common news. In an attempt to tide over the crisis erupted due to the coronavirus pandemic and subsequent lockdown, businesses have been resorting to tough measures to prevent cash burn. The Government of India had imposed a…
Flipkart, India’s e-commerce firm, announced that it has tied up with Meru, an app-based ride-hailing cab operator, to deliver grocery and essential items to customers during the nationwide lockdown. Grocery and essential items will be delivered to Flipkart customers across Bengaluru, Delhi-NCR and Hyderabad through a safe and sanitized supply chain, the company said in…
Employees’ Provident Fund Organization (EPFO) announced that it has settled a total of 12.91 lakh claims, including 7.40 lakh COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. This also involves a disbursal of Rs 4684.52 crores which includes Rs 2367.65 crores COVID-19 claims under PMGKY package. “It is heartening to note that the…
While everybody is hoping for the lockdown to get over on May 3rd and businesses start functioning like usual, a senior Haryana govt official has recently said that Gurugram might have to wait a little longer for that sight. According to Gurugram Metropolitan Authority Chief Executive Officer and Haryana Government Additional Chief Secretary V.S Kundu,…
The coronavirus pandemic has forced businesses and organisations to close campuses and halt all operations. It all started with the first phase of lockdown when Prime Minister Modi had asked for the cooperation of citizens to combat the virus. But due to the increase in cases and as a measure to prevent community transmission, the…