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Uber cuts 600 and OLA cuts 1400 jobs in India as lockdown hits business

Uber Technologies has cut about 600 jobs in India as part of plans to reduce its global workforce by 23%, the company said on Tuesday, joining local rival Ola as the COVID-19 pandemic crushes demand for app-based cab services. KEY POINTS Uber cuts approximately 600 jobs in India Laid off employees will receive a minimum of 10 weeks worth of payout The former employees will also get medical insurance coverage for the next six months along with other help Last week, Uber said it would focus on its core businesses in ride-hailing and food delivery and cut staffing globally in an attempt to become profitable despite the coronavirus pandemic. “The impact of Covid-19 and the unpredictable nature of the recovery has left Uber India SA with no choice but to reduce the size of its workforce,” Uber India and South Asia President Pradeep Parameswaran said. Laid off employees will receive a minimum of 10 weeks worth of payout, medical insurance coverage for the next six mont
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Samsung Galaxy A51 Become Most Sold Android Phone in Q1 2020

Samsung Galaxy A51 Become Most Sold Android Phone in Q1 2020 to Beats Xiaomi Redmi 8 With 6 million units shipped globally, Samsung Galaxy A51 became the worlds bestselling Android smartphone model in the first quarter of 2020, revealed new research on Thursday. Xiaomi Redmi 8 became the second most popular Android smartphone worldwide in Q1, said the study by research firm Strategy Analytics. Samsung's A51 smartphone, which is popular in all regions, particularly across Europe and Asia, captured 2.3 per cent share of all smartphones shipped globally in the quarter, while Xiaomi Redmi 8 grabbed 1.9 per cent market share. Global smartphone shipments reached a total of 275 million units in Q1 2020. The Android segment accounted for a dominant 86 per cent share of all smartphones shipped worldwide in the quarter," Linda Sui, Director at Strategy Analytics, said in a statement. The research revealed that four out of six best-selling Android smartphones are from Samsu

Income tax return filing date extended for FY 2019-20 from 30 July 2020 to 30 Nov 2020

Income tax return filing date extended for FY 2019-20 to 30 Nov 2020 Extension in the tax filing deadline comes as a relief for taxpayers as the government had already extended the deadline for receiving Form-16 from 10 June 2020 to 30 June 2020 The government has announced that the income tax return (ITR) filing deadline for FY 2019-20 has been extended to 30 November, 2020 from 31 July 2020. "Due date for all income-tax return for FY 2019-20 will be extended from 31 July 2020 and 31 October 2020 to 30 November 2020 and tax audit from 30 September 2020 to 31st October 2020," Finance Minister Nirmala Sitharaman said during a press briefing. This is part of the Rs 20 lakh crore relief package. Along with the extension of the ITR filing deadline, there were other direct tax-related relief measures announced. The extension in the tax filing deadline comes a relief for taxpayers as the government had earlier extended the deadline for receiving Form-16