BUSINESS
COVID-19 impact? Companies move to cap fixed salary costs
Companies are increasing the variable pay share in the annual salary package by 10-15 percent in a bid to save costs amidst uncertainty over resuming business operations due to Coronavirus.
BUSINESS
Sitting on AC inventory, waiting for lockdown to lift: Carrier Midea India MD
Carrier Midea is also awaiting a nod from the government to resume servicing and maintenance activity of air conditioners for its customers
BUSINESS
Coronavirus pandemic| Study abroad consultants feel the pinch as foreign education takes a backseat
The COVID-19 outbreak has led to a pause in the study abroad dreams of Indian students. This has impacted the business of overseas education consultants.
BUSINESS
Coronavirus 2.0 lockdown guidelines: Day 1 turns out to be damp squib for appliance makers
With the number of hot zones widening, permission delays and staff shortage, consumer durables firms are now planning to wait till the lockdown is completely lifted.
BUSINESS
Coronavirus pandemic | General insurers to negotiate new package rates for COVID-19
Unlike regular surgical procedures, COVID-19 treatment requires interventions of varied kinds that cannot be covered under one single package
BUSINESS
Coronavirus impact | Best time to buy life insurance is now
Documentation would be lower while buying an insurance product right now because companies are eager to quickly onboard new customers.
BUSINESS
Coronavirus impact: Remote working could become the new normal in India
For cost saving and safety reasons, companies in India may continue to offer remote working to employees even post May 3 lockdown.
BUSINESS
India can overtake China in finished goods market: Ajanta-Orpat Group MD Nevil Patel
He said the company has now started receiving enquiries from other countries as they are reluctant to buy from China.
BUSINESS
Coronavirus impact | Hospitals feel the pinch of infection control measures
Hospitals said that the insurance companies are not covering the additional costs.
BUSINESS
Coronavirus pandemic | Foreign education plans of Indian students go for a toss
Indian students are cancelling their plans due to shutdown of college campuses across the world and uncertainty related to resumption of physical classes.
BUSINESS
Coronavirus impact | In a feet-on-street industry, here's how Bajaj Allianz Life Insurance has shifted to virtual sales
Tarun Chugh, MD & CEO of Bajaj Allianz Life said that employees are being re-trained on using the virtual medium. He added that not a single person will be fired.
BUSINESS
Coursera launches CourseMatch, tool offers seamless experience for students and educational institutes
CourseMatch is a machine learning solution that takes an institute’s on-campus course catalogue and matches each course to the most relevant courses in Coursera’s catalogue of 3,800 courses.
BUSINESS
Coronavirus Lockdown 2.0 Guidelines: Appliance makers to resume operations
The Ministry of Home Affairs said manufacturing and industrial establishments in special economic zones, export oriented units, industrial townships and industrial estates will be allowed to operate from April 20 if they fall under non-containment zones
INDIA
Coronavirus lockdown | From photography to fitness -- check out free online courses to keep you busy
Locked up at home and wondering what to do in your idle time? These free online courses might just be the perfect answer
BUSINESS
Coronavirus pandemic | Not only entry and mid-level roles, leadership hiring too is frozen
These search firms are now looking at alternate pricing models and greener pastures to tide over the crisis.
BUSINESS
Worried about spread of COVID-19 infection through surfaces? Here's a device that could kill it
Two IIT Bombay alumni startups have jointly developed a UVC lamp-based sanitisation box prototype for essentials. This could be priced between Rs 1,000-1,500.
BUSINESS
Coronavirus pandemic | White goods makers inch towards the ‘red zone’
If production does not resume by May 2020, this would be the first time in the history of white goods industry in India that inventory supply dries up.
BUSINESS
Airlines ask leasing companies for rental holiday, but lessors play hard
Lease rentals can make up to 60 percent of an airline's fixed costs
BUSINESS
Coronavirus pandemic| Will hoarding be the new normal in India?
With a fear of running out of supplies, a trend of buying more than what is required of essential goods is being seen across India.
BUSINESS
Coronavirus pandemic | With appliance service centres shut, it's time for DIY videos
To ensure that appliance servicing is not hampered, white goods makers are helping customers make use of Do-It-Yourself videos to keep the products in shape
BUSINESS
Coronavirus pandemic | Parents seek waivers, rollback of fee hikes as schools suspend classes
Parents want schools to be flexible with their fee structure as they grapple with uncertainty related to their income.
BUSINESS
Coronavirus impact | Here are some job roles companies are still hiring for
Apart from healthcare jobs that are in demand, e-helpdesk managers, therapists and cyber security professionals are in high demand.
BUSINESS
Coronavirus pandemic | After banks, insurers can also offer three-month moratorium on term loans
Insurers are permitted to grant a moratorium of three months towards payment of instalments falling due between March 1, 2020 and May 31, 2020.
BUSINESS
Coronavirus pandemic| As schools shift classes online, a lot to learn and unlearn, for teachers, students & parents
Schools have tried to ensure that academic continuity is maintained through virtual classes, but technical glitches, unstructured lessons, lower engagement and connectivity issues are concerns.
