Friday, October 23, 2020

Egyptian Entrepreneur Abdulrahman A Starts New Marketplace For Gamers

Abdulrahman A, the young entrepreneur of 27 years, has recently launched the new marketplace for gamers, Gamesbandy. Located in Mansoura, Egypt, Abdulrahman A was a...
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    ZingiVir-H Covid-19 Tablets – Keralam Brings Ayurvedic Medicine For Treatment and Prevention of Coronavirus

    ZingiVir-H Tab is a Herbo-mineral tablet that is a blend of 7 ingredients. It is scientifically proven for its antipyretic, anti-inflammatory, and anti-bronchitis activities. The...

    Twitter Brings India’s First #YouBelongInTech Event

    Twitter has brought India's first 'You belong in tech event'. The event happened today on an online platform and anyone could join with an...

    Rudy L Kusuma, The Los Angeles Realtor Talks About His Mission to Help a 1000 Real Estate Agents

    Rudy Lira Kusuma is the CEO of Your Home Sold Guaranteed Realty, an INC 500 Fastest Growing Private Company in California. He is the...

    Betalab Announces its “Fix the Internet” Startups

    Startup studio Betaworks had announced that it was partnering with James Murdoch’s Lupa Systems to create a new program called Betalab, to fund and...

    COVID-19 Crisis Hits Indian Startups Hard

    According to the National Sample Survey (NSS) and Periodic Labour Force Surveys (PLFS) there are over 136 million jobs that are at immediate risk. The most at risk are the self-employed, casual laborers, small company employees, and those without any formal contract. The non-agrarian sectors are the worst affected.

    It is not hidden from any eye that thousands of migrant workers trekked hundreds of miles with the beginning of lockdown. In the fear of not being able to earn money and get food for the family, and the burden of paying rent had led them to leave the cities. An estimate of 120 million migrant workers carried the burden of this crisis.

    The sectors that have received no relief even after April 20 are the worst hit. Travel & tourism, leisure and hospitality, and automobile sectors are amongst those.

    The smaller firms, especially the ones in the IT Sector are already facing a hit. But the toll is on the IT firms as well. Over 1.5 lakh people from various IT firms in India are to lose their jobs in the coming months.

    More than 75% of the industry’s revenues are sourced from exports to large markets like North America and Europe. The spread of coronavirus in these two markets will create ripple effects in the Indian IT industry.

    India’s startup ecosystem is also facing high loss. Many are making pay cuts for their employees. The $10-20-50 million startups have to do cost-cutting and the main cost-cutting is people.

    A request has been made to the government by a number of startup founders and venture capitalists to grant them a “robust relief package” which will help them to combat the severe impact that their business may face due to COVID-19.

    Mandatory leave without pay or layoffs have been sanctioned by many prominent media houses.

    Two of the leading newspapers, The Indian Express and Business Standard newspapers have also announced pay cuts. The Quint has also asked about 45 employees to go on leave without pay.

    More than 20 lakh jobs are at risk in India’s aviation sector. Travel restrictions are affecting the hospitality sector as well. The Indian hospitality and tourism industry might face the job loss of around 38 million

    The export sector has also been paralyzed. India’s merchandise exports have seen a record shrunken by 34.6%.

    Latest Posts

    Egyptian Entrepreneur Abdulrahman A Starts New Marketplace For Gamers

    , the young entrepreneur of 27 years, has recently launched the new , . Located in Mansoura, Egypt, Abdulrahman A was a...

    ZingiVir-H Covid-19 Tablets – Keralam Brings Ayurvedic Medicine For Treatment and Prevention of Coronavirus

    ZingiVir-H Tab is a Herbo-mineral tablet that is a blend of 7 ingredients. It is scientifically proven for its antipyretic, anti-inflammatory, and anti-bronchitis activities. The...

    Twitter Brings India’s First #YouBelongInTech Event

    Twitter has brought India's first 'You belong in tech event'. The event happened today on an online platform and anyone could join with an...

    Rudy L Kusuma, The Los Angeles Realtor Talks About His Mission to Help a 1000 Real Estate Agents

    Rudy Lira Kusuma is the CEO of Your Home Sold Guaranteed Realty, an INC 500 Fastest Growing Private Company in California. He is the...

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    To Help Save The Jobs Affected By Automation Twitter CEO Jack Dorsey Pledges $5 Million to Andrew Yang’s Humanity Forward

    In an effort to support he former presidential candidate Andrew Yang’s universal basic income and COVID-19 relief efforts, witter and Square CEO Jack Dorsey donates 5 million dollars to the Humanity Forward nonprofit organization, reports The Verge.

    Women in Leadership: Vietnam Sees More Women in Leadership Positions

    According to the latest Grant Thornton’s International Business Report, the percentage of women in senior management going up at a remarkable rate in Vietnam, becoming Number One country in the world in terms of gender parity initiatives at senior levels in business establishments.

    Tiny Robots To Teach Children, Educational Company Launches mTiny Robot

    Tiny Robots To Teach Children, Educational Company Launches mTiny Robot   The global provider of educational solutions STEAM Makeblock today launches its new product. It is...

    How Google is ‘Trying’ to Collect the Mobile Numbers and Web Activity of a Billion Indians

    The Google Paradigm:  with their new ‘add me to search’ people cards feature, Google is collecting the mobile numbers and online activity of a billion Indians. It is not optional, you MUST verify your phone number and enable your web and app activities sharing while getting that feature.

    To Help Small Businesses in India Google Brings ‘Make Small Strong’ Campaign

    Google brings an initiative from mid September called '' with an intention to help small businesses in India to achieve stronger business...

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