E-grocers struggle to fulfil orders | Startups turn to layoffs, pay cuts| Healthcare firms in overdrive to fight Covid-19| Return of kiranas in metros

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Mounting orders and staff crunch stretch online grocers

Firms are operating at 60-70% capacity due to manpower shortage and supply constraints read more...

Startups hardest hit by Covid-19 turn to layoffs, salary cuts

These companies cited that such measures are mainly to keep businesses running as there is no certainty as to when things will return to normal. read more...

How do we keep paying wages, wonders stricken industry

Severe cash flow issues making it tough to follow govt directive to pay workers; extending lockdown will worsen things; promise of wage without attendance leading to absenteeism in some cases read more...

Kiranas become a lifeline for urban consumers in times of lockdown

Large supermarket chains and online grocers are yet to resume operations fully since the start of the 21-day nationwide lockdown last week read more...

Stalled projects leave many IT staff in the lurch

Employees are being released from stalled contracts in the transportation vertical, which has been hit due to the global spread of the pandemic read more...

Camp K12 raises $4 million funding co-led by Matrix, SAIF Partners

The company has built an online tutoring platform for students in kindergarten to 12th grade, which it has rolled out in India first. read more...

Healthcare startups Dozee, Qure.ai, Log 9, MyLab speed up efforts to fight Covid-19

These solutions range from prevention mechanisms and testing to monitoring and manufacturing medical equipment read more...

MedGenome snaps up $55M funding led by LeapFrog Investments

Proceeds will be used to expand clinical genomic testing to India's tier-2 and tier-3 towns and cities, as well as towards accelerating its drug discovery programs. read more...

US body asks Donald Trump to suspend H-1B programme amid layoffs

US Tech Workers, a non-profit which advocates more local hiring, has written to US President saying unemployment claims had gone up to 3 million in the previous week. read more...

IISc engineers begin work on ventilator prototype

IISc said the prototype is expected to be ready within the next couple of weeks. read more...

UPI transactions plunge as India lockdown bites

A total of 1.25 billion UPI transactions worth Rs 2.06 lakh crore in March was processed by NPCI, the umbrella organisation responsible for operating retail payments read more...

Bigbasket, Flipkart look to hire cabs for deliveries

The Flipkart-Uber tie-up will first be rolled out in 10 cities where drivers would pick products from warehouses and deliver to consumers. read more...

Bharath Ram joins Flipkart as Vice President

Before joining Flipkart, Ram was with Instagram for about five years where he worked on ads read more...

Furlenco closes $10 million round from existing backers

The subscription-based online rental furniture platform has raised an estimated $43 million in equity funding, and about $45 million in debt financing till date read more...

Impulse food supply runs dry on lack of clarity over government rules

Demand for such items have shot up as the second week of the nationwide lockdown gets underway, with people working from home and children being kept indoors. read more...

GST rate hike: Xiaomi, Apple, Samsung & others increase smartphone prices

Tax rate is to increase to 18% from April 1; phone makers are also factoring in weaker rupee read more...

Premji foundation, Wipro commit Rs 1,125 crore to tackle Covid-19 crisis

Wipro said it would facilitate a comprehensive on-the-ground response in specific geographies, focused on immediate humanitarian aid read more...

Kitchens Centre raises $500,000 in seed capital

The company plans to use the funds raised to drive aggressive expansion into new geographies to enable hyperlocal delivery. read more...

Covid-19 impact may set India's smartphone production back by four years

India's contribution to global smartphone production had jumped to 16% in 2019 from 9% in 2016, as several handset makers cut down output in China or moved out due to the US-China trade war read more...

Co-working space providers seek rent relief

Firms write to landlords for a rent free period ranging from one to three months read more...

Government notifies three schemes worth Rs 48,000 crore for electronics manufacturing push

For domestic mobile phone companies, the investment threshold is Rs 200 crore over four years and sales criteria is Rs 5,000 crore in five years. read more...

God goes online as places of worship shut doors to save people

All major religious institutions are opening up online channels to stay connected with their devotees. read more...

Owners go online to find ways to keep pets engaged

Trainers, therapists, fellow pet parents, cos come up with innovative solutions read more...

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E-grocers struggle to fulfil orders | Startups turn to layoffs, pay cuts| Healthcare firms in overdrive to fight Covid-19| Return of kiranas in metros

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