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Mumbai: 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.
Several businesses suspend operations in India, help staff as coronavirus ravages
Bloomberg
New Delhi |
Updated on
May 12, 2021
With Covid cases surging, ramping up the vaccine effort is of utmost importance - Bloomberg×
Honda Motor, Suzuki Motor, Kotak Bank, and Godrej Properties have curtailed activities to save lives 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 on Wednesday. It follows firms including Honda Motor Co. and Suzuki Motor Corp. that have announced similar decisions in recent days.
COVID-19 devastation: Indian companies close plants, give workers days off
Businesses offer employees time ‘to heal’ as virus rocks India
May 12, 2021
NEW DELHI: 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 reported on Wednesday.
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
Suntory donates $600,000 to Covid-19 relief in India 12th May, 2021 by Alice Brooker
Beam Suntory and parent company Suntory Holdings have pledged US$600,000 to organisations supporting Covid-19 relief in India.
The owner of Yamazaki Japanese whisky has donated US$600,000 to Covid-19 relief efforts in India
The companies are focused on increasing access to medical care in the hardest-hit areas, and supporting affected on-trade partners.
The US$600,000 will support British Asian Trust, which works to deliver oxygen concentrators to hospitals, and the Confederation of Indian Industry (CII), which is undertaking extensive relief operations across India. It also extends to the National Restaurant Association of India (NRAI) as well as government-led relief efforts.