As the coronavirus crisis continues, there has understandably been a lot of focus on the support available for furloughed employees and the self-employed. However, there have also been a number of announcements of importance to VAT-registered businesses and their advisers. VAT payment deferral One of the biggest changes came on March 20, when the Government […]
Archives for April 2020
Freelancers wait longer to get paychecks amid virus outbreak
Illustration: Rahul Awasthi Freelancers are facing payment delays in view of the Covid-19 outbreak induced lockdown. While domestic payments have been delayed to 24 days from an average 19 days earlier, international payments are taking double the time than usual, a study shared exclusively with ET by Bengaluru-based invoices and payment system for freelancers, Refrens, […]
The Latest In Financial Advisor #FinTech (April 2020)
Executive Summary Welcome to the April 2020 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management! This month’s edition kicks off with the news that Vanguard is now […]
Google Maps shows food, night shelters in 30 Indian cities
Google on Monday said it has started showing the locations of food shelters and night shelters in cities across India on its services like Maps, to help people especially migrant workers find relief centers with ease. The tech giant said it is working closely with state and central government authorities to surface the locations of […]
Classes go online due to Covid-19, but 43% parents lack computers: Survey
As schools across the country start their new academic session online, two out of five parents (43%), according to a survey, feel they don’t have adequate hardware for their wards to participate in virtual classes from home. Most of them are struggling to buy computers and tablets for their children because of the lockdown and […]
FCA tells Senior Managers to consider ‘emerging risk’ from virus
The FCA has told firms that Senior Managers must consider the “emerging risks” from the Coronavirus outbreak. The regulator has issued new guidance for firms covered by the Senior Manager & Certification Regime on dealing with the pandemic. The FCA says firms directly affected by Coronavirus need to keep their governance arrangements under review and […]
Beyond Zoom: How Safe Are Slack and Other Collaboration Apps?
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Swedish airline BRA files for court reorganisation as pandemic hits
STOCKHOLM (Reuters) – Sweden-based airline BRA said on Monday it had applied for court-administered reorganisation as it sought to avoid bankruptcy after the rapidly spreading new coronavirus caused a collapse in demand. The small privately held airline had said only days ago it was temporarily discontinuing all traffic between April 6 and May 31 due […]
Swiggy raises $43 million to expand its new businesses
Illustration: Rahul Awasthi Online food delivery platform Swiggy has raised an additional $43 million as part of its ongoing Series I round to further develop and expand its new businesses. Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets participated in the latest funding round. This comes roughly 45 days after the […]
ETtech Top 5: How Grofers is coping with Covid-19 lockdown; state of online sellers & more
How Grofers is coping with lockdownIn the first story of this new series, ET’s Samidha Sharma spoke to Albinder Dhindsa, chief executive officer of Grofers, on what it means to a steer an essential service at such a critical time. Why it matters: Online grocery retailing is one sector that has witnessed a massive demand […]