Will honour all job presents, no wage cuts: Flipkart tells workers

Flipkart has assured employees that the Walmart-owned company will not slash salaries and will honour the job offers extended even as the coronavirus pandemic has disrupted businesses in the country. Its quarterly townhall, virtually conducted on Thursday given the nationwide lockdown, saw the participation of over 8,000 employees of the e-commerce major.During the townhall, Flipkart…

Covid-19 Influence: Half Of Nifty 50 Shares Are Buying and selling At Single-Digit Valuations

Bloomberg the Company & Its ProductsThe QuintBloomberg Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s…

Coronavirus impression | Indian smartphone business might take $2 bn hit from COVID-19: Counterpoint Analysis

Smartphone industry in India could take a $2 billion hit on account of the coronavirus pandemic as shipments declined significantly in the months of March and April compared to the previous year, according to Counterpoint Research.Noting that the effect of the pandemic on India was relatively mild until mid-March, Counterpoint Research said the outbreak is…

Dwell: Sensex, Nifty Close to Day’s Low; Solar Pharma, Cipla Surge 8%

Apr 03 2020, 7:27 AMApr 03 2020, 12:38 PMApril 03 2020, 7:27 AMApril 03 2020, 12:38 PM 07:08 AMStock Reaction: LupinShares gained as much as 15 percent to Rs 665.90 after the company’s Aurangabad facility got an Establishment Inspection Report (EIR) from the U.S. FDA with no observations.The inspection was conducted between February 10-14, 2020,…