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India's Paytm shuts offices after employee tests positive for coronavirus

INDIA’s leading digital payment platform Paytm on Wednesday (4) decided to shut its offices in Gurugram and Noida for at least two days after one of its employees, who had recently travelled to Italy, was tested positive with COVID-19.

“One of our colleagues based out of Gurugram office, who recently returned from Italy post a vacation, has now been tested positive for Coronavirus. He is receiving appropriate treatment and we are extending complete support to his family,” a statement said.


“As a precautionary measure, we have suggested his team members to get health tests done immediately,” it added.

The company said it has advised all employees to work from home for a couple of days while the offices are sanitised.

With Paytm, Nearbuy, Wipro, TCS and HCL announcing action plan to safeguard their employees.

Hyper-local online platform Nearbuy has decided to close its Gurugram office for at least 14 days as a precautionary measure.

The company has asked its employees to work from home during the period and also keep a proper check on their health.

Global software giant Wipro on Wednesday announced that it has suspended employee travel to coronavirus-stricken China, Hong Kong and Macau.

Tata Consultancy Services (TCS) also claimed that it was working closely with all relevant global and regional and local health institutions to tackle COVID-19 outbreak.

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Warner Bros Paramount bid

Netflix wants Warner Bros' movie studio and HBO streaming service, gaining access to the company's extensive content library

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Warner Bros urges shareholders to reject Paramount's £80.75 billion bid, backs Netflix deal

Highlights

  • Warner Bros board unanimously rejects Paramount Skydance's $108.4bn (£80.75bn) takeover bid.
  • Netflix's $72bn (£53.7bn) deal for film and streaming businesses deemed superior by board.
  • Paramount backed by billionaire Ellison family, while Netflix offer seen as better financed with clearer structure.

Warner Bros Discovery has told shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid, recommending instead a $72bn (£53.7bn) deal with Netflix for its film and streaming businesses.

The board "unanimously" agreed the Netflix deal was in the firm's best interests, despite Paramount claiming its offer was "superior" to the streaming giant's proposal.

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