The second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a comeback in the current fiscal after witnessing the two consecutive challenging years, ratings agency ICRA said on Thursday. Unlike the first wave where infections were largely localised to urban clusters, the second wave has seen deeper and wider penetration, including into rural hinterlands. Accordingly, outlook for various segments has been revised downwards, it said.
The Vogue cover girl talks about the things that matter to her the most.
'A large number of people are suddenly waking up to the fear of losing jobs,' says Shyamal Majumdar.
US-India Business Council President Nisha Biswal believes once the economic activity and demand resumes, India could hold the potential for diversification of supply chains and manufacturing.
The 71-year-old heir to the British throne had been self-isolating on the Queen's Balmoral estate in Scotland after he had been tested by the National Health Service (NHS) in Aberdeenshire last week.
'I saw an opportunity to provide people with employment, enabling them to sustain themselves and, in the process, help alleviate society's suffering.'
An order issued by Chief Secretary Ajoy Mehta on Monday said wearing face covers or masks, maintaining social distancing, restricted gatherings, and other measures shall continue to prevail.
'From the start, we have sought to put in the right measures at the right time. We will not hesitate to go further if that is what the scientific and medical advice tells us we must do'
Formula One's August shutdown will be brought forward and extended to a mandatory 21 successive days in March and April as a result of the coronavirus outbreak, the governing body FIA said on Wednesday. The 2020 race calendar has already been suspended, with last weekend's Australian season opener in Melbourne cancelled and the next three races at least postponed. The sport hopes to race again at the end of May.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
IT spending in India is projected to rise 6 per cent to $81.9 billion in 2021 compared to this year on the back of growth across segments like enterprise software and IT services, research firm Gartner said on Monday. IT spending in 2020 is expected to total $79.3 billion, down 8.4 per cent from 2019. "The COVID-19 pandemic stalled many digital transformation projects for Indian enterprises, mainly because of the market uncertainties and reduced cash flows," Gartner research vice president Arup Roy said.
From the middle of next week, shops, personal care, gyms and churches can reopen as part of a bolstered three-tiered system. As part of the restrictions, people will be expected to continue to work from home if they live in a Tier 1 region; in Tier 2, alcohol can only be served with a meal; and in Tier 3, all forms of hospitality except takeaways will have to close.
With 56,794 COVID-19 cases and 1,742 deaths so far, the Mumbai Metropolitan Region, which includes Mumbai city, Mumbai suburban, Thane, Palghar and part of Raigad district, is the worst affected by COVID-19 in the state.
'It has been a wonderful experience since she independently manages the show without much of interference,' says IT professional Baudhayan Lahiri.
Master tailors, textile manufacturers and custom clothiers, however, say the upcoming festive season, reinvention in the form of new collections and digital outreach are salvaging the situation somewhat.
One thing is clear, that anyone can be infected, Milind wrote. 'Even if you have had the vaccine,' he pointed out.
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
India came out top with over 41 per cent of workers citing the lack of separation between work and personal life as negatively impacting their wellbeing, resulting in increased stress levels.
Mumbai Dabbawala Association is skeptic about resumption of services in full capacity amid the COVID-19 pandemic.
Till now, only 33 per cent of such employees were asked to attend office due to the novel coronavirus-triggered lockdown. Minister of State for Personnel Jitendra Singh said the move will help towards normal functioning of central government offices.
Exercise daily. Reduce screen time. Stand often, sit less.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
HR Guru Mayank Rautela offers practical advice.
India's swashbuckling opener Rohit Sharma took a dig at the ICC on Sunday after his name did not feature in a poll, initiated by the apex body, on who has got the best pull shot in international cricket.
'We are going to be overwhelmed by the need for hospital beds. There are simply not enough beds in government hospitals.' 'We will need a large number of medical professionals and without the private sector's involvement, the government won't be able to expand capacity.'
It is important to find a room with optimal lighting, preferably near a window or a blank wall where YOU are the only point of focus.
Mahatransco (Maharashtra State Electricity Transmission Company Limited - MSETCL) Chairman and Managing Director Dinesh Waghmare said Tata Power's plants took time to start generating electricity following the grid collapse on Monday morning, resulting in the specially created 'islanding' system not working.
Do not ignore tendencies of procrastination, lethargy and fatigue impacting productivity. Watch out. Be open to talk. Seek help, says Dr Samir Parikh.
'Everyone is confused, lost, worried and unsure about the future.' 'Regular communication from the owners or leaders will keep anxiety at bay for employees.'
Madhu shares the key lessons she learned from her first internship at Micron's Global Development Center in Hyderabad.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
Khan's spokesman Dr Shehbaz Gill said that the prime minister has just a slight fever and cough.
Thackeray held a meeting on the issue and instructed authorities concerned to ensure there is no recurrence of the episode, an official statement said.
Internshala is inviting applications from students, freshers across the country.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
'Virtual is the new Ritual and my mind often wonders: Did it have to take a microscopic inert organism to bring families closer?'
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
Candidates need to be agile to understand the situation, be receptive to unlearn and learn and adapt accordingly, advises Sanjeev Verma, vice president-HR, STT GDC India.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
