The Noida-based group is also helping to improve and expand the state's disaster management helpline (1070) through technological upgradation, manpower assistance and effective reporting mechanisms, a statement said.

The firms have reserves of more than $13 billion to buy rivals in niche segments.

Earlier, the premium video conferencing app was available only for paid enterprise users of the GSuite. This is the first time that a product designed for enterprise use is being extended to individual users, Smita Hashim, Director, Product Management, Google Cloud told ET

"All the products and technology that we're building to enable that partnership (with Jio) are going to be things that we want to do around the world. So, we're excited about working with them to drive this vision forward and then extending it everywhere over the coming months and years," Zuckerberg said during an investor call.

Reliance Jio says its “just a few days away” from launching its conferencing app called Jio Meet.

The Aarogya Setu app, developed by the government, will be expanded to all feature phone users, with the Centre planning to partner with telecom operators Bharti Airtel, Reliance Jio and Vodafone-Idea, who will enable calls to their subscribers, a top official told ET. There are around 550 million feature phone users in the country.

The Ministry of Home Affairs, in its order on Friday which extended the lockdown till May 17, mandated that the local authority shall ensure 100% coverage of Aarogya Setu app of residents within the Containment Zone.

Centre has mandated all its employees as well as those in private firms to download the app.

The solution harnesses the company's contextual knowledge of the semiconductor industry and the power of deep learning tech, to help chip makers digitally re-imagine their product quality assurance process. Sophisticated quality inspection of wafers during the semiconductor manufacturing process is essential to detect and classify defects early and accurately, TCS said.

The user "agrees that the Government will not be liable for…any unauthorized access to information.”

The Aarogya Setu app, which was developed by the government to track those with the disease and alert people about their proximity, has given rise to fears of surveillance by the state as well as the security of the personal data that a user needs to fill in after downloading it.

The government has mandated public sector and private employees who go to offices to download the app, as also people who are in the containment zone - localised areas where there is a Covid-19 positive case detected.

India only country among top 3 markets to see some growth

The CII representatives had a meeting with Labour and Employment Minister Santosh Kumar Gangwar on Friday

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The Companies (Auditor’s Report) Order, 2020 (Caro 2020) will be applicable for audit of financial statements of eligible companies for financial years commencing on and after April 1, 2019, and would be applicable to all those companies on which Caro 2016 was applicable.

The Jewar airport in Greater Noida will act as a second airport for the capital city, where, a study carried out by government said, that the existing airport is set to exhaust its capacity of over 100 million by 2023-24 – the airport in Jewar is expected to start operations around the same time.

A two-member NCLAT bench led by Chairman Justice S J Mukhopadhaya dismissed the pleas of auditors and other independent directors. The appellate tribunal, however, granted a relief to both auditors and other independent directors by allowing the operation of its earlier interim order passed on July 29, 2019 for two weeks.

The company, which had set up its first office in 2004, has nearly 250 employees in the country and looks to hire more technology professionals here as they see a talent war at their headquarters in the US, said Kurt Gresens, managing partner, Wipfli. The consulting firm said it would expand its offices here at a bigger facility at a technology park in the southwestern part of Bengaluru.

The Big Four employ about 200,000 in India. On average, around 40% are women. Clients of the Big Four are pressing for better diversity at workplaces to make them future-ready, a senior partner with a Big Four firm said. However, women in leadership roles cannot be increased overnight, countered another senior executive.

The central bank has been in touch with auditor BSR & Co., which is a part of KPMG India, over the past few months. But the central bank will now specifically look at whether the auditor had issued any warnings over the past 12 months. Officials aware of the central bank’s plans told ET that RBI officials had already held meetings with Yes Bank’s new audit committee.

“Grant Thornton has already started scrutinising documents related to transactions,” said one of the persons in the know. “The existing administrators want to make things transparent so that the matter does not impact the valuation of DHFL assets.”

According to the report by Centre for Economic Policy Research (CEPR), a rapid increase in the volume of data requires auditors to be equipped with the latest available technological tools to analyse a much higher volume of data in their audits than previously required.

PwC India is deferring promotions, increments and bonuses for all its employees in India due to Covid impact.

With the new announcements, Deloitte’s partner tally crosses 480. The promotions were across the five verticals — audit, tax, consulting, financial services and risk— but audit division saw the maximum number of partner induction (over 10).

Several industry bodies have told the government that the existing framework in this regard is adequate and benchmarked with the best global practices.

Private labs, which had termed the Rs 4,500 cap as being on the ‘moderate side’, objected to the order as there was no clarity regarding reimbursement for the free tests.

The Bombay High Court said that the Ministry of Corporate Affairs (MCA) can’t take action against the two.

The Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the alleged financial irregularities at IFIN in a major relief to Deloitte and BSR & Associates LLP.

The Centre plans to contest in the apex court a Bombay High Court ruling that disallowed a government petition that had sought to take action against Deloitte and KPMG-affiliate BSR & Associates LLP, auditors of the crisis-hit IL&FS Financial Services (IFIN).

The skill development and entrepreneurship ministry has received multiple queries from firms abroad on apprenticeship norms in India as they scout for new destinations under their ‘one plus one strategy’ of having at least one manufacturing facility outside China.

More than 200 director-level and above posts were available over the past week, according to Xpheno, a staffing firm that compiles data from job portals, LinkedIn and company sites.

About Rs 10 lakh crore worth of output is gone for good while job losses are estimated to have crossed 140 million.

Given the government’s extensive requests on avoiding laying off employees, the majority of companies have not implemented or are not currently considering permanent staff layoff/redundancies (84%) or temporary layoff/furlough (83% without government subsidy support and 91% leveraging government subsidy).

According to the survey, five in 10 companies have deferred or suspended their promotion schedule; at the same time a downward trend on promotions numbers across all job levels was observed wherein 33% of organisations admitted to having reduced it. However, most organisations in IT/ITES, life sciences/pharma and retail sector have refrained from any downwards trend in overall promotion cycle.

Daily wage workers and those employed by small businesses have had to take the biggest blow.

The survey titled ‘Covid-19 and its impact on jobs at India Inc’ aims to understand the impact of the lockdown on the country’s employment scenario. It received 1,345 responses from HR professionals working in different sectors.

IT, media, and manufacturing employees think their firms will do worse in the next 6 months. However, they’re confident about long-term growth - 77% of manufacturing professionals, 67% of media professionals, and 65% of IT professionals thought their companies would pick up in the next 2 years.

Worries about job losses are the highest in the country as 86 per cent being worried about losing their jobs and livelihood post-COVID-19 lockdowns. In comparison, this is only 31 per cent in Britain, 33 per cent in Australia and 41 per cent in the US and a high 71 per cent Hongkongers fear job loses, says the survey.

The company is planning to hire 1000 employees by the end of June across markets. Companies such as Infosys, Wipro, TCS, WNS and others have delayed pay hikes and put promotions on hold as they see uncertainty over business growth in the wake of the coronavirus outbreak across key markets. CSS Corp has also paid 100% of variable salary to the majority of its employees.

The decline in hiring is led by industries like hotel/restaurant/travel/airlines (-91%), auto/ancillary (-82%), retail (-77%) and accounting/finance (-70%). The job market across cities registered a double-digit dip in hiring. The decline was led by metros wherein Delhi declined by 70% followed by Chennai (-62%), Kolkata (-60%) and Mumbai (-60%).

According to staffing company Genius Consultants '9th Hiring, Attrition and Compensation Trend 2020-21', around 81 per cent of the respondents have shown interest to carry on with existing manpower and retaining them.

As India Inc prepares for offices to open post the lockdown, the survey assesses the anxiety level of employees and shows a strong desire to do what’s right by their co-workers by complying to new health monitoring compliances, along with a high degree of awareness of changes in routine that await them.

The challenge of retaining staff despite 12.2 crore people losing their jobs in India last month shows how difficult it will be for Modi to restart Asia’s No. 3 economy, where the bulk of the workforce comprises so-called informal labour that are denied security and benefits. Economists predict a rare contraction in national output.

After the lockdown was imposed, imports of rough stones dried up, and nearly 70% of workers left for their hometowns in Bihar, Uttar Pradesh, Odisha and interiors of Gujarat.

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