March 25, 2020
1 min read

Smartphone Firm to Partially Pay Workers Salaries

Lava. (Photo: Twitter/@LavaMobile)

Amid the fast-spreading coronavirus (COVID-19) pandemic in India, domestic smartphone manufacturer Lava on Wednesday announced that it will pay part of its factory workers salary in advance.

Lava. (Photo: Twitter/@LavaMobile)
Lava. (Photo: Twitter/@LavaMobile)

Lava will pay around 20 per cent of the salary in advance on Wednesday, almost 12 days ahead of the scheduled date, it said in a statement.

The move is a part of the several measures that the company has taken to ease the trouble of its employees and ensure their safety and well-being.

The company said it will also set a precedent for all its employees to look after their support staff at home during these testing times.

Lava had shut its manufacturing facility in Noida between March 22-March 25 as per the state government’s directive.

As a preventive measure against coronavirus pandemic, Prime Minister Narendra Modi has announced nationwide 21-day lockdown starting from Tuesday midnight.

Previous Story

Katrina Becomes Lockdown Star

Next Story

Confirmed Cases Rise to 606

Latest from Business

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand
Go toTop