Salarpuria Sattva Employs Native Labours to Keep the Construction Momentum On

In a bid to reiterate its commitment towards quality construction and on-time project handovers, Salarpuria Sattva Group, employed 600+ native labourers’ at their projects across Karnataka to boost the real estate sector, during this COVID breakout. This will not only help in continuum of production, investment, labour and native supply chains in the state, but it will also be instrumental in revival of the real estate sector, sooner than anticipated.

With millions of workers migrating to their hometowns, continuing the momentum at the construction sites has been a constant challenge for the developers. In a grim scenario like this, while Govt. is taking measures to uplift the present economic situation, companies across industries will have to be proactive and  self-sufficient.

Being at the forefront of the real estate industry, Salarpuria Sattva, decided to tap into the indigenous manpower of Karnataka and neighbouring states, by employing labour in the construction sites across their projects.

Commenting on the same, Mr. Bijay Agarwal, MD, Salarpuria Sattva, said, “The pandemic has impacted industries across every domain including real estate. Amidst this major economic slowdown, we feel that the need of the hour should be employment and demand generation. Therefore, we have decided to take charge of the situation and empower our indigenous manpower in order to narrow the project delivery margin as much as possible. We hope this will not only help us in handing over projects on time, but also will help ease the labour shortage in Karnataka and neighbouring states, and help them to survive during this unprecedented time.”

This labour clutter has been divided into different sets, basis their skills in masonry, carpentry and interiors. Considering the present situation, the company is prioritizing projects and engaging native labour for completion and handover. All proactive safety measures like screening, sanitization, social distancing etc., are undertaken at sites for the safety of the workers.

About Salarpuria Sattva Group:

Present over the past 3 decades, Salarpuria Sattva Group has grown into one of the most trusted builders in the country today. Headquartered in Bengaluru, India, it also a well-known name in Hyderabad, Kolkata, Pune, Coimbatore, Jaipur and Goa. The Group will soon be expanding its presence in Mumbai. With 48 million sq.ft spaces completed consisting of world class commercial spaces, cutting edge tech parks and elegant residences, 36 million sq.ft under construction and 32 million sq.ft in the planning stage, Group is one of the leading developers in India today. Salarpuria Sattva’s flagship commercial project and Asia’s Best IT Tech Park- Knowledge City is located in Hitec City, Hyderabad. The Group’s other cutting edge upcoming projects in Hyderabad include: Knowledge Capital, Knowledge Park and Image Towers (a unique project for gaming and animation industry with world class facilities, in P.P.P model with Telangana State  and industrial infrastructure corporation). By further expanding into various ventures such as co-working, co-living, education, aerospace, embedded technology, hotels, facilities management and warehousing, the Group today stands tall as a frontrunner, shaping India’s growth story. The Group’s unwavering adherence to quality has given it the “trusted” tag among builders in the country, renowned for its “A Stable” CRISIL rating.

Dettol BSI and Wipro GE Healthcare Join Forces to Strengthen Covid-19 Response

 Highlights

* The partnership program is reaching out to the frontline health workers in communities across Maharashtra, Uttar Pradesh, and Uttarakhand

* A total of around 770 frontline health workers are envisioned to be trained under this partnership, the ongoing first phase has so far touched 143,164 lives by training 250+ frontline health workers on the Covid-19 pandemic across the impacted communities

With a focus at enhancing public health system, Dettol Banega Swasth India, a flagship program by RB, in partnership with Wipro GE Healthcare India introduced training program for front line health workers amidst the raging spread of COVID-19. The integrated partnership program is aimed at training 250+ health workers across the states of Maharashtra, Uttar Pradesh, and Uttarakhand with on-ground support from Plan India and Jagran Pehel.

COVID-19 leaves some of India’s most vulnerable communities facing “a crisis within a crisis”. As per a study conducted by the United Nations (UN) in India, there have been major concerns around the impact of the crisis on vulnerable populations, especially women and children. Some of the factors include disruption in the supply of essentials and divided attention towards other healthcare facilities/support. Additionally, the public health support system assisting to fight back COVID-19 at the grassroots levels is weakening given these unprecedented challenges.

Addressing the gravity of the issue and to alleviate the panic & appropriately curb community transmission, the two-leading healthcare organisations partnered to equip ASHA workers, Anganwadi workers, women health educators and allied front line health workers in India.

Commenting on the partnership initiative, Mr. Gaurav Jain, Senior Vice President, AMESA, RB Health, said, “We at Dettol are deeply concerned given this unprecedented pandemic and its impact on our healthcare warriors exposed to vulnerable communities across the nation. We understand that our front-line workers need community support & correct upgraded skill set as they are assigned the crucial role of screening and awareness generation at the grassroots level. With a vision to support the frontline health workers, Dettol, #1 trusted partner of the Indian population and Wipro GE Healthcare joined forces to provide accurate knowledge & elevated skill sets. we hope that with this training, the community health and nutrition workers are better able to perform their field duties and carry out efficient screening and awareness activities to address the Covid-19 pandemic. We will continue to serve, educate, and partner with the aim of a healthier nation.”

“We are immensely proud to partner with RB and ‘Dettol Banega Swachh India’ initiative in enabling frontline healthcare workers strengthen their response to Covid-19. GE Healthcare’s long-standing experience in the healthcare industry has taught us that a bottoms-up approach to awareness, prevention and cure goes a long way in addressing a healthcare crisis of this scale. This partnership has allowed both organizations to come together and deploy their unique strengths in India’s fight against the Covid-19 pandemic. We look forward to take this partnership from strength to strength and play our part in creating a healthier India,” said Nalinikanth Gollagunta, Managing Director, Wipro GE Healthcare.

Dettol BSI will be providing technical support in infection prevention, best practices, as well as mobilization support through its partners in the field. Wipro GE Healthcare is the end-to-end training implementation partner, involved in content development, curriculum management and deploying experienced faculty for the program. The participants will be trained on best practices in hygiene and infection prevention, DIY tools (e.g. making a mask, preparing sanitizer at home, etc.), personal safety & precaution guidelines, recommendations for home isolation & quarantine, myth-busting and overall mental health.

Adhering to the nationwide lockdown and social distancing norms, the participants are being trained digitally through a Learning Management System that features quizzes, videos, interactive tools, and additional reading materials, available to all participants.

Will Infosys BPO layoff 600 contract workers?

The business process outsourcing (BPO) arm of Infosys Technologies, Infosys BPO, reportedly terminated the services of over 600 contract workers in a staff redeployment exercise in February.

According to the report -- which appeared in a business daily -- the workers, who were on multi-year contracts, included temporary workers, whose exact numbers are not clear.

Incidentally, Infosys BPO is also adding another 2,000 workers by the end of March, which will raise its headcount above the 20,000 mark from around 18,000 at present, according to the news story.

Though company spokesperson maintained that no employee on the direct rolls of Infosys BPO has been laid off. HR industry sources, however, confirmed the development. Infosys’ staffing needs contractors include Adecco PeopleOne, Mafoi and TeamLease.

The country's second-largest software company recently said that it is looking at acquisitions in the BPO and KPO spaces. “We are looking at back office functions where the companies perform very unique services with their own platform or intellectual property,” said Infosys MD S Gopalakrishnan. “There are opportunities in traditional BPOs as well and we are not restricted to KPOs.”

Captives in banking and financial services, manufacturing, and telecom are still considered hot property. “Our acquisition guidelines have not changed in this environment. We will acquire the strategic fit first and then growth,” said Gopalakrishnan, adding that the target company should typically have a revenue of about $300-500 million. Infosys is also looking at smaller acquisitions in the range of $100-200 million.

“There is always more risk attached to the integration of a larger entity. However, if something smaller or bigger comes along we will definitely look at it,” said Gopalakrishnan.

As the company continues to focus on geographically non-English speaking countries such as France, Germany and Japan, it is not averse to acquisitions in other locations. “These are not mutually exclusive with the services offered by the company. If there is an opportunity to acquire a consulting company in the US, we will look at it,” Gopalakrishnan said.

Indiatimes

Sony to slash 16,000 jobs globally

Sony Corp plans to eliminate 16,000 jobs in the largest reduction announced by a Japanese company since the credit crunch drove the world into a recession.

Sony will curb investments, outsource production and move away from unprofitable businesses by March 2010, as part of plans to save more than 100 billion yen ($1.1 billion) a year, the Tokyo-based company said. The job eliminations will take place in the electronics division and include 8,000 contract workers, it said.

The reductions highlight the severity of the slump in consumer spending at a time when companies typically focus on the peak Christmas shopping season.

Sony, the world’s second largest maker of consumer electronics, said a much larger than anticipated deterioration in the economy spurred the cuts and the company may revise its midterm targets.

“I can’t see how the company will regain its charm with consumers,” said Hiroshi Sato, chief investment officer of Tokyo-based GCSAM Co, who sold his Sony Holdings. The company might suffer from a bigger earnings decline in the second half, or even losses, if it doesnt take any measures. The company said it will announce the financial impact
of the measures in January, when reporting fiscal thirdquarter results.

The reason for this move is the deterioration of the economy, which was much larger than we expected, senior vice president Naofumi Hara said.

Sony on Oct 23 said net income will probably drop 59% in the year ending March 31, reducing the outlook by 38% as the stronger yen and slumping demand undermine sales of its electronics including Bravia televisions.

The electronics maker will review the impact of the reorganization steps and revise its current-year and mid-term profit targets if needed, Hara said, without elaborating. The company faces no problem with cash flow, he said.

Source: Agencies