+
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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Annette Gregg Named WTCA’s First Female CEO

World Trade Centers Association (WTCA) has appointed Annette Gregg as Chief Executive Officer, making her the first woman to lead the organisation in its 57-year history.Gregg assumed the role from October 5 and will lead WTCA from its recently established global headquarters at One World Trade Center in New York City. The association connects more than 300 World Trade Center locations across nearly 100 countries and territories.As CEO, Gregg will provide strategic leadership to WTCA and its global staff, working with the Board of Directors and members to advance business priorities, strengthe..

Next Story
Resources

Isprava Appoints Sanjay Sethi as Strategic Advisor

Isprava Group has appointed Dr Sanjay Sethi as Strategic Advisor to the business, with a focus on Lohono Stays and Isprava Hospitality.Sethi brings more than 37 years of experience across hospitality operations, development, ownership, strategic growth and capital markets. He will work closely with the Group on strategy, growth and the development of its hospitality business.The appointment comes as Isprava Group expands its integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services.Nibhrant Shah, Managing Director & Co-CEO, Isprava Group, sai..

Next Story
Infrastructure Energy

SunBridge BioEnergy Starts Ethanol Production in Seoni

SunBridge BioEnergy, the bioenergy arm of SunBridge Group, has commenced commercial production at its grain-based fuel-grade ethanol manufacturing facility in Seoni, Madhya Pradesh. The Seoni plant has a production capacity of 300 kilolitres per day and a storage capacity of 11,000 kilolitres. Spread across approximately 117,560 sq m, the facility marks SunBridge BioEnergy’s entry into commercial ethanol production. The company is also expanding its ethanol portfolio with a 400 KLD facility in Raipur, Chhattisgarh, which is expected to become operational soon. Once commissioned, SunBridge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code