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Ambanis most valuable among family businesses in India
"The significant industry diversification of these family...
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to...
17 dead in fire at Pune chemical firm, rescuers search for missing staff
“The fire broke out during plastic packing, smoke was so much that female workers could not find an escape. We have recovered 17 charred bodies – 15 women and 2 men. Cooling and search operation is underway,” said Devendra Potphode, Chief Fire Officer, PMRDA Pune.
Google women in US suing over gender bias win class-action status
A San Francisco state judge certified the class action Thursday, allowing the four lead plaintiffs to represent 10,800 women over claims that Google pays men more for doing the same job. A previously disclosed analysis showed that the case seeks more than $600 million in damages. The women allege violations of California’s Equal Pay Act, one of the strongest measures of its kind nationwide.
Indian court orders COVID-related audit of Renault-Nissan factory
Nissan, which owns a majority stake in the plant, denied the workers’ allegations of not adequately sticking to safety protocols, and told an Indian court it followed all guidelines
Carmakers in ‘India’s Detroit’ allowed to operate as workers protest COVID risk
Tamil Nadu government order issued on Saturday said so-called continuous process industries, which include auto factories, would be allowed to function in accordance with measures such as social distancing to stem the virus’s spread.
It also urged vehicle manufacturers to initiate immediate action to vaccinate all their employees within a month.
Only 30% of firms in US, Europe to embrace full return-to-office model
“By shifting conversations to focus on the working environments that best suit employees’ needs moving forward, organisations can ensure that their employees feel they are being heard and that they have the autonomy and tools to do their jobs effectively,” said Keith Johnston, VP and group research director at Forrester.
India wearables market touches 11.4 mn units in March 2021 quarter: IDC
From style to health monitoring, the wearables have now become one of the most sophisticated devices in recent times. The category is witnessing a constant shift in the competitive landscape with new players entering the segment. The second wave of the pandemic has caused a sudden stir across vendors and channel partners, impacting the planned launches to postpone and delay in deliveries,” Jaipal Singh, Associate Research Manager (Client Devices) at IDC India, said.
Renault-Nissan, Hyundai and Royal Enfield face shutdowns in over workers’ COVID fears
Tamil Nadu is one of the worst hit states with more than 30,000 cases a day last week. The state, an auto hub known as India’s Detroit, has imposed a lockdown until May 31 but allowed some factories, including auto plants, to continue operating.
Hero MotoCorp to resume operations at all manufacturing units from May 24
The other plants of Hero MotoCorp — Neemrana in Rajasthan, Halol in Gujarat and Chittoor in Andhra Pradesh — will also start single shift operations from May 24.
How long do Covid-19 vaccine protections last? Science can’t say for sure
The gap in knowledge and testing raises the prospect of heightened anxiety in the coming months for vaccine recipients wondering if they’re still protected — anxiety that could curb willingness to venture out in public. That in turn could put a renewed drag on the global economic recovery.
Scientists are racing to figure out the so-called correlates of protection against Covid; in other words, which test results assure immunity.
Nadella explains how Microsoft will deal with hybrid work paradox
“According to our research, the vast majority of employees say they want more flexible remote work options, but at the same time also say they want more in-person collaboration, post-pandemic. This is the hybrid work paradox,” Nadella said in a blog post.