Meesho introduces 30-week gender-neutral parental leave policy

Social commerce platform Meesho on Thursday announced a 30-week gender-neutral parental leave policy as part of its efforts of rolling out inclusive policies for its employees. The policy has been designed with an outlook to provide fulfilling employee experiences, cognizant of the efforts in caregiving and growing a family, Meesho said in a statement. The new policies also reflect evolving societal beliefs and ensure non-discriminatory benefits irrespective of employees’ gender or sexual identity, it added. Meesho has about 1,000 employees.

 

 

Evergrande’s EV unit stops salary of employees, factory suppliers

China Evergrande Group’s electric-car unit has missed salary payments to some of its employees and has fallen behind on paying a number of suppliers for factory equipment, according to people familiar with the matter, evidence the stricken property developer’s debt woes are having an impact beyond its core business. The cash flow difficulties mean China Evergrande New Energy Vehicle Group Ltd. will likely miss its target to start mass deliveries next year considering trial production of electric vehicles at its factories in Shanghai and Guangzhou has been dialed back, the people said, asking not to be identified as they’re not authorized to speak publicly.