The coronavirus lockdown has hit most businesses hard — people aren’t visiting malls and theatres, they aren’t taking cabs, and they aren’t booking flights and trains. Businesses have suffered as a result — companies ranging from BookMyShow to Ola to MakeMyTrip have laid off employees, anticipating a prolonged period of lackluster demand. But even as most businesses are struggling during the pandemic, some others aren’t complaining.  With people cooped up at home, stock market…

As companies straggle back to their offices after the Covid lockdown, new working patterns are slowly beginning to emerge.  Mercedez-Benz India is looking to mandate only three working days in the office per week while having two days of work-from-home (WFH), as it resumes operations in its corporate office and factory. “The new normal is a mix of online and offline. The new normal is a mix of both. I am impressed with how well it works….

Just over a year ago, Reliance Chairman Mukesh Ambani had told shareholders during his company’s AGM that Reliance would be debt-free by 31st March 2021. With nearly 9 months to go for the deadline, he’s already made good on his promise. Reliance Chairman Mukesh Ambani has announced that his company is now net debt-free. “I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of 31st March 2021,”…

It’s not only tech companies that are onboard the work-from-home bandwagon — even FMCG companies are joining in. CavinKare, which runs several brands across dairy, foods, snacks and personal care, has said that it’s shutting down its entire corporate office, and all employees will work from home. “We have shut down our corporate office and closed all four branches. We see no need for it,” said CavinKare founder CK Ranganathan. “We have called for bids from tenants…