Chinese e-tailer Club Factory has begun recruiting Indian e-commerce vendors to import essential goods such as masks, hand sanitisers and other protective medical gear from its home country as it looks to seize the large economic opportunity created by a shortage of such products here. Project Ginger, as Club Factory calls it, is asking vendors […]
Archives for March 2020
Covid-19 related searches grow multifold in two months: Report
“Is coronavirus fake or real?”, “Is it an apocalypse?”, “Is it the end of the world?” — these are some of the queries that netizens have searched the most on the Internet over the past one month. N95 masks and their price, mask sizes, children’s masks and their manufacturers were also among common searches, according […]
Can directors be furloughed under the Job Retention Scheme?
That’s been a common question in the last week since a large proportion of businesses have had to close. But why? Directors don’t need to be assured that their job is safe. It is safe. It will be the last one to go if the business ceases to trade completely. Isn’t this the perfect time […]
Zoho’s lawsuit accuses rival Freshworks of stealing client data
Cloud software provider Zoho has accused Sequoia and Accel-backed rival Freshworks of stealing confidential customer data in February that accounts to misappropriation of trade secrets. Zoho, which is among the first of India’s software-as-a-service companies, in a lawsuit said that its customers were sent emails by Freshworks executives to court business. Both companies are US-headquartered […]
Ecomm ops resume but deliveries may move in slow lane
Illustration: Rahul Awasthi India’s top online grocers and e-retailers said they have restored operations in larger cities but are still hobbled by the massive backlog of orders and shortage of workers triggered by the ongoing nationwide lockdown to stem the tide of Covid19 infections. E-grocers BigBasket and Grofers, e-commerce firms Amazon and Flipkart, as well […]
Three reasons it’s not 1929
I could be wrong, but let me point out three things that I think about when I hear Great Depression analogies being made to the current crisis. The first thing I think about is that the financial markets of the 1930’s were prehistoric. Yes, the Federal Reserve was in existence, but it was nowhere near […]
NRAI asks landlords to waive rentals for restaurants till June
The National Restaurant Association of India ( NRAI) has written an open letter to landlords in the foods and beverages space requesting them to waive rents up to June or until the time the lockdown continues, whichever is later. “While this shutdown may continue for a month or two, we will take many more months […]
COVID Loan for Small Business and MSME – Should You Opt?
COVID Loan for small business and MSME is a new option for the business people facing a cash crunch due to Coronavirus. It is a known fact that coronavirus pandemic is creating financial crises in the whole world including India. The lockdown condition forcing a business shutdown and thus a problem of liquidity. To help […]
What Millennials Get Right And How it Changed my Business for the Better
Millennials get a bum rap, in my opinion. It’s easy to laugh at the caricatures of avocado toast-eating complainers. But that’s not the millennials I know in the workplace. Their generation’s demands to change the way we work have impacted me in a positive way. I think the changes they advocate for are good for […]
How tech firms are helping institutions smoothen their sudden transition to online teaching
Sanjana Hira, a graduate student at Ashoka University in Sonipat, has been attending online classes from her Gurgaon home ever since educational institutions across India closed down campuses to contain the spread of coronavirus. “While many of our lectures are being held online through video-conferencing apps like Zoom and Google Hangouts, some professors prefer uploading […]