Friday, March 27, 2020

March 27, 2020 - Oppo, Vivo say to ensure timely disbursement of salary to factory workers

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TradeBriefs Editorial

From the Editor's Desk

How the Pandemic Will End

The U.S. may end up with the worst COVID-19 outbreak in the industrialized world. This is how it’s going to play out.

After the pandemic, people who recover from COVID-19 might be shunned and stigmatized, as were survivors of Ebola, SARS, and HIV. Health-care workers will take time to heal: One to two years after SARS hit Toronto, people who dealt with the outbreak were still less productive and more likely to be experiencing burnout and post-traumatic stress. People who went through long bouts of quarantine will carry the scars of their experience. "My colleagues in Wuhan note that some people there now refuse to leave their homes and have developed agoraphobia," says Steven Taylor of the University of British Columbia, who wrote The Psychology of Pandemics.

Continued here


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Telecom
Oppo, Vivo say to ensure timely disbursement of salary to factory workers

Chinese handset makers Oppo and Vivo said that they will ensure timely salaries to their employees working in Greater Noida factories, which suspended..


Telecom


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Advt: Work for the best employer - Yourself
reseller
Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification.


Finance


Finance
India's 21-Day Lockdown May Not Necessarily Contain Coronavirus: Raghuram Rajan

India’s weak infrastructure could also make transferring money, food, and supplies to the poor difficult, says Raghuram Rajan. 


taggit



Finance

The Dollar Crunch Is Europe's Gift to Asia

The last crisis shook up banking in the region. So could this one.  


Finance
Govt has to play a big role to ensure firms don't go bankrupt: Apollo Tyres MD

India has much to gain if govt can develop country as a global automobile hub, says Apollo Tyres MD. Kanwar said the business environment is "very difficult" currently. In Europe, which accounts for a third of the revenues at Apollo Tyres, several vehicle and component manufacturers — Volkswagen, Renault, FCA, Magneti Marelli — have suspended operations.


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Food/FMCG
Parle to donate 3 crore packs of Parle G biscuits through government agencies

The company said its manufacturing units are functioning with 50 per cent of workforce keeping with government advisories to curb escalation of the co..


Food/FMCG
Here's Why Online Grocers Still Can't Deliver Despite Clearance

Clearing the backlog of orders from 22 March onwards will take time, while sourcing of goods is also an issue.


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Software
Pandemic's impact on Indian IT can be different from previous crisis

If more and more clients are affected by lockdowns and social distancing, and their impact on the global economy, Indian IT firms would soon witness another round of price resets.Investors appear to be a bit sanguine about the impact of Covid-19 on IT demand


Software
Firms may delay fresh hiring for a quarter, few withdraw offers

Human resource firms for startups and IT services companies are seeing an early trend where companies, especially the smaller ones, are also withdrawi..


Software
Inside Udaan's push to digitize India's B2B retail market

During a recent visit, Microsoft chief executive Satya Nadella reiterated his company's commitment to India and revealed a new fund to help SaaS startups in the country. And then Nadella and Anant Maheshwari, president of Microsoft India, discussed the success story of B2B platform Udaan in three s…


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Digital
How Indian IT is keeping lights on for global businesses

The scale of transitioning work from office to home is staggering for Indian IT.


Digital
Tech Mahindra to shut all offices, manage critical services from home

Most Tech Mahindra employees had started working from home in view of the Covid-19 outbreak and the consequent nationwide lockdown, but staff supporting critical and essential services had to be present in its offices. Soin said Tech Mahindra was working to ensure that the transition to work from home would be smooth.


Digital
Deeply concerned with 'inappropriate' social media post on coronavirus; probing the matter: Infosys

Infosys on Thursday said it is deeply concerned with an "inappropriate post" on social media related to the coronavirus outbreak being attributed to a company employee, and vowed to take necessary action based on its investigation.


Digital
Ten digital technologies helping humans in the fight against COVID-19

The past few days have been grim and difficult for businesses and people, and the uncertainty of the future has only added to the anxiety.


Digital
Why India has opted for a China-style lockdown and not like the one in Italy

China implemented harshest form of lockdown in Wuhan after 30 deaths, while Italy effected gradual, less stringent nationwide lockdown that began after 800 deaths.


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Franchise
Chain restaurants are asking to skip paying rent in April because of coronavirus closures

REUTERS/Fred ProuserA Cheesecake Factory in Glendale, California.Restaurant chains including the Cheesecake Factory, Wendy's, and Subway are trying to help


Franchise
Top 10 Tips To Maintain A Strong Relationship With Your Franchisees, Part 1

10 tips for building a stronger franchisee-franchisor relationship, part 1.


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HR
SBI staggers bank branches timings. Check new working hours

SBI has resorted to staggered working hours to maintain social distancing in the wake of coronavirus outbreak.The bank is also running mobile ATM services so that customers can easily take out money


HR
Hundreds of Zomato employees take deep salary cuts, says CEO Deepinder Goyal

Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown.Get latest Business online at cnbctv18.com


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Logistics
Will Indigo's reign over the Indian skies expand post COVID-19?

InterGlobe runs IndiGo, India's largest airline with a 48% market share for domestic air travel.Even though IndiGo remains better placed in riding this tide, things are hardly going to be easy


Logistics
Pharma distribution chains trip over hurdles to logistics

Chemists worry that disruption may worsen as local authorities hamper shipments.Shipments from factories affected as staff is either not turning up or being stopped by police


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Construction
FM announces Rs 31,000 crore fund for construction workers

The FM said this fund is aimed at supporting and assisting the construction workers so that they "stay at home and don't expose themselves to the risk because everything has come to a halt."


Construction
Back-office realty with MNC tenants to be least hit by virus

India Business News: Commercial real estate catering to back-office operations for multinationals is expected to be the least affected by the current economic crisis trigg


Construction
The best YouTube channels for architects to watch

My most recent blog discussed podcasts for people with an interest in architecture (Faris Mousa: The best podcasts for architects to listen to).


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Marketing
Unilever could help support smaller agencies with early payment | Marketing

FMCG giant has unveiled range of measures to assist global effort to tackle COVID-19, including €100m in donations.


Marketing
Indians make most of lockdown as libido conquers social distancing at homes;

There is a phenomenal rise in the demand for products like adult sex toys, condoms in the sexual wellness industry


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Politics
21-day lockdown a 'watershed moment' in battle against coronavirus, must extend support to Centre, says P Chidambaram
21-day lockdown a 'watershed moment' in battle against coronavirus, must extend support to Centre, says P Chidambaram
Chidambaram also suggested a 10-point plan to put money in the bank accounts of the poor and the marginalised, including farmers and labourers


Politics
Madhya Pradesh Economic Offences Wing closes forgery case against Jyotiraditya Scindia and family members
Madhya Pradesh Economic Offences Wing closes forgery case against Jyotiraditya Scindia and family members
On 12 March, when the Congress was in power in the state, the Economic Offences Wing decided to verify facts afresh into the complaint against Scindia and his family of allegedly indulging in wrongdoing while selling a land in Gwalior in 2009


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Sports
Rafael Nadal calls on Spain's athletes to raise 11 million euros to fight coronavirus
Rafael Nadal calls on Spain's athletes to raise 11 million euros to fight coronavirus
Spain is one of the most badly affected countries in the world with over 56,000 cases and the parliament voted to extend the coronavirus lockdown to at least April 12 after the death toll rose to over 4,000 by Thursday.


Sports
Tokyo Olympics postponement could delay retirement for Leander Paes
Tokyo Olympics postponement could delay retirement for Leander Paes
Leander Paes is contemplating to extend his career by another year to bid for an eighth Olympic appearance following the postponement of the Tokyo Games to 2021 due to the coronavirus pandemic.


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Entertainment
Ten animated films guaranteed to lift your spirits
Ten animated films guaranteed to lift your spirits
Films affect our mood and if watching something cute and adorable can get you through these anxious times, you should probably give it a shot. Here are ten animated films guaranteed to lift your spirits.


Entertainment
Amit Trivedi starts his own music label to release independent music
Amit Trivedi starts his own music label to release independent music
Amit Trivedi, who started composing music for films since 2007, has given some of the most acclaimed music in films like Dev D, Udaan, Queen and Mannmarziyaan.


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Work
The US just crossed a dangerous threshold
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US infection has spread faster than in any other country


Work
Zoom Became the Most Important App in the Business World Overnight. Here Are 5 Reasons Why
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Everyone is using the videoconferencing platform right now. The reasons are a lesson for every business.


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Life
Coronavirus: Why some countries wear face masks and others don't
Coronavirus: Why some countries wear face masks and others don't
Step outside without a face mask in Hong Kong and you'll get looks. That's not true elsewhere. Why?


Life
FM Nirmala Sitharaman announces Rs 1.7 lakh crore relief package for poor
FM Nirmala Sitharaman announces Rs 1.7 lakh crore relief package for poor
The FM announced a slew of measures to ease the burden on the poor who will be hit hard by the lockdown.


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Retail
Pharmacies seek a cure for panic buying as customers rush to stockpile medicines
Pharmacies seek a cure for panic buying as customers rush to stockpile medicines
People want to buy medicines in bulk for various general ailments fearing a supply shortage in future


Retail
Lodha waives retail rentals from Mar 15
Lodha waives retail rentals from Mar 15
India Business News: Mumbai: The Lodha Group on Thursday announced full waiver for its retail partners as the Covid-19 crisis continues to deepen in India.


Retail
Traders' hail Delhi govt.'s move to allow stores to operate 24x7
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The Confederation of All India Traders (CAIT) welcomed the Delhi government's announcement to allow groceries store to run 24/7, on Thursday."It is a much-needed step at this time of unprecedented cri


Retail
Retailers hit by low employee attendance even as customers line up
Retailers hit by low employee attendance even as customers line up
While shoppers swelled in numbers, low staff strength and transportation issues at warehouses and distribution centres caused hiccups


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