+
Covid-19 second wave: Corporate firms in Gujarat shut headquarters
ECONOMY & POLICY

Covid-19 second wave: Corporate firms in Gujarat shut headquarters

As the second wave of Covid-19 hits industries across the country, several corporate firms in Gujarat have now shut their headquarters and are resorting to the work from home policy, considering the rising number of coronavirus cases in the state.

Business conglomerate Adani Group has decided to close its headquarters on the Sarkhej-Gandhinagar Highway and asked all employees to work from home. Sources told the media that a couple of buildings, which house the Adani Group’s headquarters, in the Shantigram township would remain closed till next Monday. The newly built headquarters have nearly 5,000 employees. The sources said many of the employees live in the township. With nearly 100 cases surfacing inside the township, the management decided to shut the offices for a week.

Torrent Group, another Ahmedabad-based conglomerate, has also closed its headquarters and asked all employees to work from their homes. Executive Director of Torrent Group, Jayesh Desai, informed the media that the decision was taken to protect employees from the coronavirus infection.

According to Desai, Torrent Group’s plants continue to be operational, and technical and other staff working at plants are following the necessary safety protocols. The group’s core businesses of gas, pharmaceuticals and power are managed from its headquarters.

India’s biggest private sector company, Reliance Industries (RIL), is headquartered in Mumbai, but most of its business interests including one of the biggest crude oil refineries in Asia, are located in Gujarat. RIL has converted two townships adjoining its crude oil refineries at Jamnagar and Vadodara into fortresses. According to RIL, no outsiders are allowed to enter the townships till further notice.

The $550 million Ahmedabad-based Meghmani Group has also shut its headquarters in Prahlad Nagar. Ashish Soparkar, Managing Director of Meghmani Organics, a flagship company of the group, said the management has asked around 200 employees from headquarters to work from home till further notice.

Image Source


Also read: Covid second wave: Railways starts oxygen trains with ro-ro facilities

Also read: Covid second wave: Airlines seek financial assistance from govt


As the second wave of Covid-19 hits industries across the country, several corporate firms in Gujarat have now shut their headquarters and are resorting to the work from home policy, considering the rising number of coronavirus cases in the state.Business conglomerate Adani Group has decided to close its headquarters on the Sarkhej-Gandhinagar Highway and asked all employees to work from home. Sources told the media that a couple of buildings, which house the Adani Group’s headquarters, in the Shantigram township would remain closed till next Monday. The newly built headquarters have nearly 5,000 employees. The sources said many of the employees live in the township. With nearly 100 cases surfacing inside the township, the management decided to shut the offices for a week. Torrent Group, another Ahmedabad-based conglomerate, has also closed its headquarters and asked all employees to work from their homes. Executive Director of Torrent Group, Jayesh Desai, informed the media that the decision was taken to protect employees from the coronavirus infection. According to Desai, Torrent Group’s plants continue to be operational, and technical and other staff working at plants are following the necessary safety protocols. The group’s core businesses of gas, pharmaceuticals and power are managed from its headquarters. India’s biggest private sector company, Reliance Industries (RIL), is headquartered in Mumbai, but most of its business interests including one of the biggest crude oil refineries in Asia, are located in Gujarat. RIL has converted two townships adjoining its crude oil refineries at Jamnagar and Vadodara into fortresses. According to RIL, no outsiders are allowed to enter the townships till further notice. The $550 million Ahmedabad-based Meghmani Group has also shut its headquarters in Prahlad Nagar. Ashish Soparkar, Managing Director of Meghmani Organics, a flagship company of the group, said the management has asked around 200 employees from headquarters to work from home till further notice. Image Source Also read: Covid second wave: Railways starts oxygen trains with ro-ro facilities Also read: Covid second wave: Airlines seek financial assistance from govt

Next Story
Infrastructure Urban

Naidu Seeks Rs 563 Crore For AP Sports Infrastructure

Andhra Pradesh Chief Minister N Chandrababu Naidu has sought Rs 563 crore from the Centre to boost sports infrastructure in the state, including Rs 538 crore for stadium development and Rs 25 crore to host the Khelo India Martial Arts Games 2025. Naidu made the request during a meeting with Union Youth Services and Sports Minister Mansukh Mandaviya in New Delhi on Wednesday.The CM urged early completion of Khelo India infrastructure projects in Tirupati, Rajahmundry, Kakinada, and Narasaraopeta, and called for an international-standard badminton training centre and a national aquatic sports hu..

Next Story
Infrastructure Transport

Tough Bidding Norms Slow NHAI Road Project Awards

Stringent bidding rules imposed by the Ministry of Road Transport & Highways (MoRTH) have led to a slowdown in project awards by the National Highways Authority of India (NHAI), despite a robust Rs 3.5 trillion pipeline. According to an HDFC Securities report, the shift to more cautious developer models now favours firms with strong balance sheets, as tighter qualification norms limit aggressive bidders.The revised norms mandate additional performance security, targeting the exclusion of players that previously submitted low bids—often 25 to 40 per cent below NHAI cost estimates—raisin..

Next Story
Infrastructure Transport

Mumbai Gets Coastal Nod for Next Promenade Phase

As Mumbai prepares to open two major sections of its expansive seafront promenade this week, the city’s civic authority has secured a key coastal clearance to advance further construction. The Maharashtra Coastal Zone Management Authority (MCZMA) has approved the commencement of work on the segment between Haji Ali and Baroda Palace, with tendering expected soon after project cost assessments.The promenade, stretching 7.5 km in length and 20 metres wide, is being designed as a flagship open space for walkers, joggers, and cyclists. Two critical stretches—2.75 km from Tata Garden to Haji Al..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?