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Nokia shuts plant in TN after 42 test positive for Coronavirus

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Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive...

Tata Group top execs to take up to 20% salary cut

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Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s...

An employee at Maruti plant tests positive for Covid-19

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An employee at Maruti Suzuki’s Manesar plant has tested positive for COVID-19, according to a company spokesperson. The company is also looking at “a possibility...

IBM confirms global layoffs, India employees hit with it too

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IBM confirmed, it is cutting an unspecified number of jobs, but wouldn’t provide details related to location, departments, or the number of employees involved. The...

HCL to pay bonuses, no pay cuts, honour existing offers

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IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000...

Indiabulls asked nearly 2000 employees to resign till 31 May

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Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and...

Industry reactions on Rs 20 lakh crore economic package

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PM Modi has announced Rs 20 lakh crore economic support package, intended to help the economy tide over the Covid-19 crisis.  His strategy for...

After Zomato, Swiggy Announces 1,100 Layoffs

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Food delivery company Swiggy said today that it will lay off 1,100 employees over the next few days, as the coronavirus pandemic hit its...

MHA extends lockdown till 31 May with new guidelines

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Centre government extends lockdown till 31 May with new rules and guidelines, States are given more power Centre government has released the guidelines for the...

Zomato to lay off 13% of the workforce

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Zomato to lay off 13% of the workforce and temporary pay cut of up to 50% for remaining employees Indian online food delivery platform Zomato...