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Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

“The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS.

“The coronavirus pandemic is a reminder that risk management and business continuity management need to further evolve in order to help businesses prepare for, and survive, extreme events. While the pandemic continues to have a firm grip on countries around the world, we also have to ready ourselves for more frequent extreme scenarios, such as a global-scale cloud outage or cyber-attack, natural disasters driven by climate change or even another disease outbreak,” he said.

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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge

during the pandemic, the central government was successful in getting Parliament’s approval for three labour codes on Industrial Relations, Social Security and Occupational Health Safety & Working Conditions (OSH) this year

The Code on Wages was approved by Parliament last year and its rules have been firmed up. But the implementation of the rules for Code on Wages was held back because the government wanted to implement all four labour codes in one go

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Nine in 10 India Employees Feel Prepared to Work Remotely for the Long-Term

However, employees shared concerns about not having access to the right technologies and the blurring of boundaries between work and personal lives in a long-term remote work arrangement. 

The research also found that the most in-demand technology resources that employees want are productivity equipment or tools, remote access to internal company resources and cloud technology.

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Industry bodies to press for holding back new wage definition in meeting with govt on Dec 24

The source also said that lobbyists want the government to hold back the new definition and fear that this would result in major cut in take-home salaries and also put additional burden on employers.
The industry bodies want that the implementation should be put on hold till the economy rebounds again and buoyancy returns.

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Infosys to prefer flexible ‘hybrid’ work model for employees in view of pandemic

Parekh said that going forward the company will focus on putting in place a hybrid work model as it will depend on how the situation evolves. “However, the flexibility will remain critical,” he said.

There will be flexibility in the models that will allow employee work from different locations at different times, he added.

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UV-emitting LED lights can kill novel coronavirus quickly & efficiently, says study

In order to disinfect a bus, train, sports hall, or plane by chemical spraying, the scientists said physical manpower is needed along with time for the chemicals to act on the surface.

“Disinfection systems based on LED bulbs, however, can be installed in the ventilation system and air conditioner, for example, and sterilise the air sucked in and then emitted into the room,” Hadas Mamane, co-author of the study from the American Friends of Tel Aviv University in the US. said.

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