Skip to main content

Posts

Showing posts with the label business news

AmEx employees can work from anywhere for up to 4 weeks a year: Memo

  American Express Co will allow employees to work from anywhere they want for up to four weeks a year, Chief Executive Officer Stephen Squeri said in a memo to staff on Monday American Express Co will allow employees to work from anywhere they want for up to four weeks a year, Chief Executive Officer Stephen Squeri said in a memo to staff on Monday. That will include the 15 days when employees are allowed to work outside their country, according to the memo. Adopting a more relaxed stance on work-from-home than most of the big U.S. banks, AmEx has divided staffers into hybrid, onsite and fully virtual categories. Most of the hybrid model staffers must work from office two days a week, it said, while onsite workers will come in for four to five days. Employees in the fully virtual category can continue to work from home. Data from a survey earlier this year showed nearly 20% of the credit card issuer’s employees wanted to work virtually full-time. AmEx will start bringing its emplo...

Flipkart to ally with Adani to strengthen logistics, data centre infra

  As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart Flipkart  has signed a strategic and commercial partnership with the Adani Group to strengthen the e-commerce company’s supply chain, the two announced on Monday. Flipkart will work with Adani Logistics, which is owned by Adani Ports & Special Economic Zone Limited. In addition, Flipkart will set up its third data centre at Adaniconnex Private Limited’s facility in Chennai. Adaniconnex is a new joint venture between EdgeConneX and Adani Enterprises Limited. As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre at its upcoming logistics hub in Mumbai that will be leased to Flipkart to address the growing demand for e-commerce in Western India. “The Adani Group is unmatched in the way it has gone about building infrastructure across India. What it brought to us was a unique combination of logisti...