Ford Motor Company and Mahindra & Mahindra have mutually and amicably determined they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the Dec. 31 “longstop,” or expiration, date of a definitive agreement the organizations entered into in October 2019. According to the companies, the […]
Tag: pandemic
Google plans to extend work from home for employees till September, 2021, according to a report by Reuters quoting New York Times. The company is testing the idea of a ‘flexible workweek’ once it is safe for staff to return to offices physically. An email was sent by Chief Executive Officer Sundar Pichai to the […]
Digital payments platform, PhonePe is looking to fill 700 open job positions in the coming few months, as per reports, owing to the business growth on account of the increased usage of digital payment platform due to the coronavirus pandemic. Manmeet Sandhu, Chief People Officer, PhonePe told to ET – “We have over 700 open positions […]
E-commerce company, Flipkart, headquartered in Bangalore, has asked its employees to continue to work from home due to COVID-19 pandemic, till May 2021. According to an internal email sent by the company to its employees, the retail giant has decided to extend the phase two of the ‘back to office plan’ till the May of […]
Daffodil Software, a software solutions company is set to create 500 jobs over the next few months. The move comes after the IT services provider witnessed a growth during the COVID-19 outbreak with a 45% growth in business. The announcement puts Daffodil with other Indian IT companies that witnessed an upward curve despite the economic […]
The Delhi government has issued Work from home orders for 50 per cent of its employees in the non essential services and has also provided advice to private organisations to follow the same owing to a spike in the cases related to COVID-19 in the city. DDMA executive committee chairman and Delhi Chief Secretary, Vijay […]
The novel coronavirus pandemic has brought the global economy on its knees. Business is not as usual and layoffs or salary cuts have become a daily routine now. The pandemic has impacted several businesses and organizations so much that some are even planning on to file bankruptcy if the crisis is not solved easily. Starting […]
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 […]
When the first case of Coronavirus was reported, nobody expected it to engulf the whole world in fear, causing a recession-like situation. The pandemic has so far has claimed more than 4,000 lives worldwide and infecting 100,000 people. As we speak today, the virus has begun spreading in India and the Ministry of Health and […]
The novel coronavirus has engulfed the world in fear of its rapid spread and lack of medication. The virus which was first discovered in Wuhan City, China has so far claimed more than 3,000 lives and put at risk the lives of 90,000 people worldwide. As we speak today, the virus has entered India and […]
Since it’s first reported case in Wuhan City, China, the novel coronavirus or the COVID-19 has now spread to multiple parts of the world impacting businesses and economies globally. According to the World Health Organisation, the virus has infected about 90,000 people and has claimed more than 3000 lives. What might have been perceived as […]
Indian software major, Wipro recently announced that it has suspended employee travel to coronavirus-hit China, Hong Kong, and Macau. The Bengaluru-based company on Wednesday told news agency IANS in a statement that, “Wipro has suspended travel to and transit through mainland China, including Hong Kong and Macau, until further notice. Employees have also been advised […]
Last year came down very hard on businesses due to the global economic slowdown which impacted millions of jobs and closure of several organizations. When the new year began, corporations were hopeful of a steady recovery. But we’re just 61 days in 2020, and the novel Coronavirus outbreak in China has crippled the entire economic […]