Business news

Migrant workers

UAE allows private companies to change employee contracts: How will this impact foreign workers?

With coronavirus scare and lockdown threatening employee job security across industries and particularly those of foreign workers abroad, an announcement by UAE's Minister of Human Resources and Emiratisation allowing private companies to change their contracts with employees could indicate layoffs and pay cuts for the migrant workforce. Let's gauge the impact of this move on foreign workers. Mar 30, 2020
Ola Cabs supports drivers during Covid-19

Indian startups pull out all stops to make a difference amid Coronavirus crisis

As the coronavirus spreads across global frontiers, startups are forced to deal with nationwide lockdown, working capital issues and liquidity crunch challenging their continuity plans and short-term growth goals. Despite these, Indian startups leave no stone unturned to extend their funding support and collaborative efforts to root out coronavirus pandemic from the system. Here's a sneak peek on few startup contributions: Mar 28, 2020
Nirmala Sitharaman

India Inc. set to increase its CSR spends to combat Covid-19

With the Ministry of Corporate Affairs approving funds spent by organisations on preventative care, medicines, medical equipment, disaster management and provision of infrastructure as an eligible CSR activity, India Inc. seems to have pulled out all stops to reach out to the needy and those at the frontline by increasing their CSR spends in fight against Covid-19. Mar 28, 2020
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