Walmart-owned Flipkart has assured employees that there will be no pay cuts and all job offers, including internships, will be honoured. In a virtual town hall, the first after the lockdown, Flipkart Chief Kalyan Krishnamurthy assured over 6,000 employees that Flipkart is in a “financially healthy” state. “Flipkart is safe and (financially) healthy. There is […]
Archives for April 2020
Zomato, Swiggy see 70% drop in orders amid lockdown
Illustration: Rahul Awasthi Online food delivery orders for Zomato and Swiggy have dropped 70% in the last 10 days to under 1 million a day, as customers step back and top restaurants shut shop amid a lockdown induced by the Covid-19 virus outbreak, said investors, companies and restaurants to ET. “From a steady state of […]
managed detection and response (MDR)
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Startup executives launch Covidmaps to help users find essentials nearby
A clutch of top executives from startups have built a web-based app CovidMaps to help find information about stores in one’s neighbourhood to buy essentials. CovidMaps.in, a volunteer-led nonprofit project, lists details around when a store is open, what items are available and how much, safety precautions being observed, crowding, wait times to help people […]
In coronavirus fight, oft-criticized Facebook data aids U.S. cities, states
Infectious disease researchers are using Facebook mobile location data to provide daily updates to U.S. cities and states evaluating the effectiveness of social distancing orders aimed at slowing the novel coronavirus. The COVID-19 Mobility Data Network, a group of 40 health researchers from universities including Harvard, Princeton and Johns Hopkins, said that since mid-March its […]
SBA issues details for Paycheck Protection Program loans
The U.S. Small Business Administration on Thursday issued an interim final rule for the Paycheck Protection Program (PPP), which is offering $349 billion in forgivable loans that small businesses impacted by the coronavirus pandemic can use to cover costs including payroll and rent. The interim final rule lays out additional implementation guidelines and requirements […]
Large retailers urge government to expand list of essential items
Large-format retailers, both online and offline, have once again approached the government to include items such as cooking utensils, small home appliances, electronics and other accessories in its list of essential goods that should be allowed to be sold during the ongoing lockdown. In a meeting yesterday with the government’s empowered group for supply chain […]
Google releases location data to show if coronavirus lockdowns working in 131 countries
Alphabet‘s Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of the novel coronavirus. Google’s analysis of location data from billions of users’ phones is the largest public dataset available to help health authorities […]
ETtech Top 5: Food ordering apps focus on safety; lockdown-hit e-tailers cheer up customers & more
Illustration: Rahul Awasthi Food delivery firms reassure customers on safety What’s the news?India’s food delivery apps have started aggressive outreach about safety measures, including hygiene. Why it matters? The rapid spread of the Covid-19 has made customers sceptical about the safety of food delivery platforms. Some have expressed concern about the health of delivery partners […]
Zomato to use Gold subscriptions to aid restaurant workers
Illustration: Rahul Awasthi Online food ordering firm Zomato said all proceeds from its Gold membership subscriptions in April will go into a fund created to support restaurant workers hit by the Covid-19 lockdown. “The ongoing lockdown is affecting certain members of our society more severely than the rest. In this hour, we must chip in […]