by pallanus | Jul 10, 2020 | Business News
India re-opened for business in June after months of lockdown but for thousands of small entrepreneurs in the town of Meerut, near Delhi, the blow has been devastating. Businesses from textiles to sports goods and furniture are shuttered or working at a bare minimum,...
by pallanus | Jul 8, 2020 | Business News
The company’s Indian arm in May said it would hire 50,000 temporary workers to meet a surge in online shopping in the country. Amazon.com Inc, which competes with Walmart Inc’s Flipkart in India, has also been expanding its seller network in the country. (Photo:...
by pallanus | Jul 8, 2020 | Business News
Instability across the global information technology sector, which employs a large pool of fresh college graduates, has been laying off thousands of employees in the wake of the coronavirus pandemic. IT companies in India, too, have resorted to layoffs, though they...
by pallanus | Jul 4, 2020 | Business News
After a slew of interventions by the World Bank targeted towards health and migrant labour post-Covid in India; the bank has approved a $750 mn MSME Emergency Response program to support increased flow of finance into the hands of micro, small and medium enterprises....
by pallanus | Jul 3, 2020 | Business News
India’s crippled services industry, the lifeblood of economic growth and jobs, contracted sharply in June as an extended lockdown imposed to stop the spread of the coronavirus stalled business activity, a private sector survey showed. Although the pace of decline...
