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10 best practices for working remotely in this period of coronavirus crisis

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As the number of coronavirus cases is growing day by day, more and more companies are allowing their employees to work from home, with over 77 public companies having implemented Work From Home (WFH) policy, while above 20 lakh IT employees expected to WFH in the coming days. Before the coronavirus crisis, only 3.4% of the workforce worked from home, as per a report. Thus, the full-time work-from-office employees working from home now due to coronavirus don’t have much experience with it. This is likely to affect their performance when it comes to w­­­orking from home for an extended period. For many workers, it’s a dream come true of having the flexibility of being able to work from home. Yes, work from home has many benefits for employees, but it comes with some challenges that we can’t ...

Positivity: The greatest weapon in carving opportunity during the toughest times!

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In recent days, as we all have been trapped in the wrath of pandemic crisis COVID-19, we came face to face with one of our toughest times. It is a once in a lifetime experience that no one wishes to face ever. Everything has come to a sudden halt without any warning due to countrywide lockdown affecting the work culture. Most of the industries have lost their complete productivity due to this unexpected crisis. Only a few like IT industries have managed to tackle their loss up to a great extent because of their remote working ability thanks to modern technologies like cloud computing, git version control, etc. But, even after all the negativity of COVID-19, let us remain positive. This is because positivity can be your greatest weapon in carving opportunities during the toughest times. You...

COVID-19 Update: Relaxation in compliance for SEZs

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In view of the disruptions caused by COVID-19 pandemic, Department of Commerce, Ministry of Commerce and Industry has decided to provide certain relaxations in compliances to be met by units / developers / co‐developers of Special Economic Zones(SEZs). Such compliances to which the relaxations will apply, include: Requirement to file Quarterly Progress Report (QPR) attested by Independent Chartered Engineers by Developers/ Co‐developers. SOFTEX form to be filed by IT/ITES units – Filing of Annual Performance Reports (APR) by SEZ units Extension of Letter of Approvals (LoA) which may expire, in the cases of: – Developers/co‐developers who are in the process of developing and operationalising the SEZ; – Units which are likely to complete their 5 year block for NFE assessmen...

#TechFightsCOVID19: AI-Powered Chest X-Ray Analysis To Check Progression of Lung Disease

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COVID19 is one of the most virulent diseases right now. What starts off with a dry cough can escalate to severe respiratory distress in a matter of couple of weeks. As several nations grapple with rising numbers of cases and death rates, one of the biggest shortfalls being seen is in availability of ventilators (Read here on Smart Ventilator Solutions Made By Indian Startups). Hospitals are grappling with an increasing number of patients now, and its widely being estimated that India may be in the stage of Community-Driven Transmission. This time is crucial for quick identification & extent of lung disease caused by COVID19 and immediately start the appropriate course of treatment. Qure.AI, a healthtech startup that specializes in developing deep learning algorithms to interpret radiol...

#TechFightsCOVID19: An Analytical & Live Dashboard To Track COVID19 Patient Activity

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Medical researchers and field experts around the world have been doling out reams of information and tips on staying safe from COVID19. While this virus first made headlines out of the industrial district of Wuhan, within weeks it spread rapidly outside China, to Asian nations and made its way all across the globe. At a time when healthcare workers, governments and experts are worriedly watching the graph escalate and stretch across the planet, it has given an opportunity for some innovators to utilize this data for good. With several nations and cities under lockdown, things are getting a bit unnerving. Millions still remain at risk and there is no tangible way to find out the extent of spread. However, the availability of data and the inclusion of analytics has allowed entrepreneurs to d...

India Extends Tax Compliance Deadlines to Offset COVID-19 Impact

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The rapidly escalating novel Coronavirus has claimed over 15,000 victims and infected close to 400,000 people across 132 countries. India saw its first positive case in the first week of March, and in less than four weeks, this number has crossed 500. Vowing not to follow in the lines of the heavily infected countries, India has imposed a 21-day lockdown period starting March 25, 2020. While this is an excellent move and should hopefully flatten the curve for India, it does raise concerns among taxpayers who are expected to file their tax returns – March being the tax month. The lockdown will prove to be particularly tricky for tax practitioners, chartered accountants and company secretaries as organizations have started to work from home and these professionals have minimal access t...

Technology as a Saviour amidst Corona-virus

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  In this panic situation where fear of COVID-19 has spread all over the world, technology is the only thing which is keeping all humans united at this point in time.  Technology has played a major part in spreading awareness about the pandemic and also to keep the surveillance upon its control. Many countries that are locked-down, technology is their saviour from boredom. The government has also made sure that the internet is accessible to all the people irrespective of whether the bill is paid or not. Without technology accessibility, this locked-down would have been difficult to survive. There is a high chance that without technology people may suffer from psychological issues. As in a study by WHO conducted for NCMH (National Care of Medical Health) in November 2019, “6.5 per cent...

Rethinking Proactive Asset Management in the Age of Coronavirus

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Proactive Asset Management is More Important Than Ever The ramifications of the spread of the COVID-19 (virus Coronavirus) can be felt around the globe.  The effects are far-reaching and can be felt in both human and economic terms.  And with the latter, effective asset management is more important than ever, particularly as companies strive to ramp-up production in the near-to-intermediate term. Even then, production will likely progress in fits-and-starts as the response to the virus continues.  A highly functioning asset management plan can help to ensure that equipment is operating properly, and that downtime is kept to a minimum, both now and in the future. Prioritizing Preventive Maintenance and Critical Inspections While Equipment is Available With an increasing number of plants hav...

Learning need not be Interrupted while everything else gets Disrupted

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Did you know that Isaac Newton conceived of most of his ground-breaking ideas when he was confined to home during the great plague of 1665.  According to biographer Philip Steele, Newton’s “genius was unleashed. The precious material that resulted was a new understanding of the world.” As the entire country goes into a lockdown to fight COVID-19 and home becomes the new workplace, learning and upgrading ourselves need not be put on hold. It is hard to think of it in this way but it could be the proverbial silver lining; Utilising the extended time-off to develop a new skill or to pursue advanced training in something you already have the basics of. It is developing this culture of continuous learning that will help us all be ready to face the future, when this is all behind us. Learning to...

#TechFightsCOVID19: Smart, Portable and ICU-Grade Ventilators To The Rescue As Global Shortfall Causes Worry

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As India braces for a three-week lockdown, its go time for the technology and healthcare sectors in addition to the governments. Even as cases rise steadily in India, authorities and solution providers are working relentlessly on solutions that could help hospitals deal with patient overflow. In our ongoing series #TechForCOVID19, we have profiled companies working on automated hand hygiene solutions and telemedicine. Today’s feature is on companies offering ventilator solutions. The government of India recently announced a complete ban on exports of ventilators and other respiratory aid devices, while having initiated talks with automobile firms to begin manufacturing of ventilators. India’s capable startups come to the rescue.. yet again. There are many companies that are building ventil...