Businesses have been severely impacted by the COVID-19 pandemic and are now limping back to normalcy. The Indian economy is now expected to see a faster turnaround with less disruptions to business operations as it opens up gradually. The coronavirus lockdown forced several businesses to shut while consumption slumped, investments took a hit and jobs […]
Tag Archives: COVID-19 impact
Home Business Ideas: 4 Brilliant Work From Home Ideas That You Should Consider Taking Up
At a time when the world is battling the coronavirus pandemic, people have been forced to work from hone than ever. Whiles some are working remotely, some have started their own small businesses amid the crisis. Staying productive and maintaining a balance between professional and personal life is the only way out to survive the […]
Startups in India Bagged $9.3Bn Investments in 2020 Despite COVID-19 Challenges: Report
Amid the COVID-19 pandemic in India, the startups have been hit hard but have managed to emerge successful in attracting investments this year. According to data from consultancy firm Tracxn, Indian startups received investments to the tune of $9.3 billion in 2020 despite the coronavirus challenges. The report reveals that fortunes for the Indian startups […]
Eric Yuan, Founder and CEO of Zoom, Named ‘Businessperson of Year 2020’ by TIME Magazine
Eric Yuan, founder and CEO of Zoom, has been named the ‘Businessperson of the 2020’ by TIME Magazine for the growth of his video conferencing platform amid the coronavirus pandemic. Yuan, who began at WebEx as a coder, soon became integral to the creation of his video-conferencing platform that served as a communication medium for […]
Reopened Your Hotel or Homestay Yet? Now Is the Time As Hotel Occupancy in India Improves in September
New Delhi, October 29: If you are thinking of the right time to repoen your holiday home or hotel, this is it! Ever since the outbreak of coronavirus pandemic, the hospitality segment was brought to a grinding halt by the pandemic. The sector is slowly limping back to normalcy and is seeing an improvement in […]
71% Indians Expect Companies to Accelerate Digital Initiatives, Says Report
Bengaluru, October 29: A new report has revealed that about 71 percent of Indians expect companies to accelerate digital initiatives which means that the customer engagement is changing amid the COVID-19 crises. A report by leading Cloud software company Salesforce said that the Indian customers estimate 60 percent of their interactions with businesses take place […]
Big Relief for MSMEs! Ahead of Diwali, Govt Waives Interest on Interest for Loans Up to Rs 2 Crore to Help MSME Borrowers Amid COVID-19 Pandemic
New Delhi, October 25: With the onset of the upcoming festive season, the government announced a major relief to borrowers. The Modi government on Friday announced waiver of interest on interest for loans up to Rs 2 crore irrespective of whether moratorium was availed or not. Reports inform that the Department of Financial Services came […]
COVID-19 Impact: Meeting Customer Expectations Top Challenge for Indian SMBs Amid Pandemic
New Delhi, October 15: Amid the coronavirus pandemic in India, the small and medium businesses (SMBs) have been finding it challenging to bring innovative offerings to market, personalise customer engagements and keep up with demand when meeting customer expectations. A new report revealed that financial management is the top challenge SMB leader respondents personally face […]
COVID-19 Impact: 15% Startups Halt Operations, 44% Have Cash Runway For Less Than 6 Months
Mumbai, October 14: The coronavirus pandemic has affected across sectors causing job losses and business being shut. According to an IANS report, the impact of COVID-19 has been severe on the Indian startup as 15 percent of the startups have halted operations. According to a report by TIE Delhi-NCR and Zinnov, 44 per cent of […]