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Coronavirus: Companies Halt Work, Offer Unusual Help To Staff In India Covid Crisis

Some companies in India are offering unusual assistance to employees. Some companies in India are temporarily halting business or offering unusual assistance to employees as a devastating wave of the coronavirus sickens and kills hundreds of thousands. Feng Tay will suspend its Indian factories for 10 working days to keep its employees safe, the Nike-supplier told the Taiwan stock exchange Wednesday. It follows firms including Honda Motor Co. and Suzuki Motor Corp. that have announced similar decisions in recent days. Developer Godrej Properties Ltd. extended a long weekend by three days to offer its employees time to heal. The Lodha Group one of India s biggest property companies will pay 12 months salary to the family of any of its associates who dies of Covid while in the service of the firm. Borosil Ltd. will pay two years worth of pay and support the education of the deceased s children until they graduate.

Coronavirus Effect: Companies temporarily halt work to offer employees help

Safety of the employees (Image: Pixabay) New Delhi : Some of the major companies in India are suspending their work by few days to offer unusual assistance to their employees during a devastating second wave, which has extremely impacted the nation. According to a report by Mint, Feng Tay will suspend its Indian factories for 10 working days to keep its employees safe, the Nike-supplier told the Taiwan stock exchange Wednesday. Companies like Honda Motor Co. and Suzuki Motor Corp. have also announced a similar decision to ensure safety of their employees. Developer Godrej Properties Ltd. extended a long weekend by three days to offer its employees time “to heal. The Lodha Group one of India’s biggest property companies will pay 12 months salary to the family of any of its associates who dies of Covid while in the service of the firm. Borosil Ltd. will pay two years worth of pay and support the education of the deceased’s children until they graduate.

Sinovac Shot Seen Very Effective; Singapore Cases: Virus Update

EU Seeks Bans on India Travel; WHO Overhaul Urged: Virus Update Bloomberg 5/12/2021 © Bloomberg Philippine GDP Shrinks More Than Expected Amid Virus Fight (Bloomberg) A group of medical experts said children ages 12 to 15 years old can safely take the vaccine made by Pfizer Inc. and BioNTech SE, opening an important new phase of the U.S. immunization effort. Popular Searches The European Union’s executive arm asked the bloc’s 27 member states to ban all non-essential travel to and from India. The World Health Organization should be overhauled and given more authority to investigate global disease threats, a new report recommended.

Businesses Suspend Operations, Help Staff as Virus Ravages India

Businesses Offer Employees Time ‘to Heal’ as Virus Ravages India May 13 2021, 8:51 AM May 12 2021, 7:11 AM May 13 2021, 8:51 AM (Bloomberg) Some companies in India are temporarily halting business or offering unusual assistance to employees as a devastating wave of the coronavirus sickens and kills hundreds of thousands. (Bloomberg) Some companies in India are temporarily halting business or offering unusual assistance to employees as a devastating wave of the coronavirus sickens and kills hundreds of thousands. Feng Tay will suspend its Indian factories for 10 working days to keep its employees safe, the Nike-supplier told the Taiwan stock exchange Wednesday. It follows firms including Honda Motor Co. and Suzuki Motor Corp. that have announced similar decisions in recent days.

Business Today honours business leaders of Tamil Nadu

Business Today honours business leaders of Tamil Nadu Business Today Tamil Nadu Business Leaders of State Awards 2021: Hyundai Motor bagged the Biggest FDI Investment in Tamil Nadu, while Cheyyar SEZ Developers took away the Biggest Employer in Tamil Nadu award BusinessToday.In | February 16, 2021 | Updated 18:34 IST Business Today Tamil Nadu Business Leaders of State Awards 2021 Business Today honoured the business leaders in the state of Tamil Nadu on Tuesday. Chennai Petroleum Corp was awarded for their public sector investment at the Business Today Tamil Nadu Business Leaders of State Awards 2021, while MRF was awarded for its private investment. Hyundai Motor bagged the Biggest FDI Investment in Tamil Nadu, while Cheyyar SEZ Developers took away the Biggest Employer in Tamil Nadu award among many others.

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