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
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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
Variant From India Is in 44 Nations; Sinovac Study: Virus Update
Bloomberg 54 mins ago Bloomberg News
(Bloomberg) The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India has been detected in 44 countries, just as the Asian nation reported a record daily death count.
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Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for developing countries reliant on the Chinese shot, which performed worse than western alternatives in clinical trials.
Thailand plans to inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup. England reported no deaths from the disease in its latest daily update.
Variant From India Is in 44 Nations; Sinovac Study: Virus Update
Bloomberg 1 hr ago Bloomberg News
(Bloomberg) The more-infectious coronavirus driving a catastrophic Covid-19 epidemic in India has been detected in 44 countries, just as the Asian nation reported a record daily death count.
Popular Searches
Sinovac Biotech Ltd.’s vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for developing countries reliant on the Chinese shot, which performed worse than western alternatives in clinical trials.
Thailand plans to inoculate the majority of the adult population in Bangkok in the coming months to quell a flareup. England reported no deaths from the disease in its latest daily update.