Government extends timelines for Central Civil Services and All India Services employees appraisal.In its response to addressing the Covid-19 crisis the union government had announced a nationwide lock down of 21 days last week. The lock down has impacted almost all organisations in some way, including government offices. To ease the impact on government officers,…
Category: News
Boeing HR leader Heidi Capozzi to step down
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•Boeing, the world’s largest aerospace company announced that Heidi Capozzi, senior vice president of Human Resources, will depart the company in early April to pursue other interests. Wendy Livingston, currently vice president, Corporate Human Resources, will replace Capozzi on an interim basis until a permanent successor is named. Capozzi joined Boeing in 2009 and since…
Erwin Raphael appointed as Chief Cost Optimization officer of Hyundai Motor North America
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•Hyundai Motor North America announced the appointment of Erwin Raphael to lead a new cross-affiliate group as the Chief Cost Optimization Officer for Hyundai Motor North America. He will report directly to Hyundai Motor North America President and CEO Jose Munoz. Prior to joining Hyundai, Raphael held a number of key leadership positions in vehicle…
Frankfurt-headquartered Innoplexus announces major findings in potential combination therapies for Covid-19
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•Innoplexus AG announced some first results in its artificial intelligence enabled search for a COVID-19 antiviral treatment. Innoplexus began by scanning data on previously approved drugs for off-label potential in treating COVID-19, using its proprietary artificial intelligence (AI) and big data platform to generate actionable insights from hundreds of terabytes of structured and unstructured public…
Godrej group joins the fight against Covid-19
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•India’s industrialists are coming together to fight the novel coronavirus that has created havoc in the entire world. In order to stop the further spreading of the virus, countries are on full nationwide lockdown. In such crisis, the Godrej group has come forward to join the fight in order to overcome the unprecedented coronavirus pandemic,…
TVS Motor and Sundaram-Clayton join hands to fight Covid-19
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•TVS Motor Company, India’s one of the largest manufacturers of two-wheelers and three-wheelers and die-caster Sundaram-Clayton Ltd. (SCL) have announced spending Rs 30 crore to support the nationwide efforts to curb the spread of COVID-19. ’This is an unprecedented crisis that requires all of us to cooperate and support each other as a nation,’’ said…
Coronavirus: Biocon & Biocon Biologics ensuring manufacturing of life-saving medicines
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•Biocon Ltd. and Biocon Biologics have activated business continuity plans across their functions to meet the needs of patients, partners, customers and other stakeholders who depend on its products. As a global company, it has presence across India, UAE, Malaysia, Singapore, Europe, U.S. and are adjusting all operations to fully comply with regulations issued by…
Moody’s pledges $1 mn in funding for Covid-19 relief
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•Moody’s Corporation announced that it will fund a $1 million program of charitable donations and other support to help address the immediate and long-term impact of COVID-19. Moody’s will extend support to its existing philanthropic partners to help small businesses and education systems and reconfigure its employee volunteer programs to assist communities most affected by…
Airbnb to help provide housing to 100,000 Covid-19 responders around the world
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•Airbnb announced a new global initiative to help connect those responding to the Covid-19 pandemic with safe and convenient places to stay while they carry out their critical work. The company’s goal is to help house 100,000 healthcare professionals, relief workers, and first responders around the world. Airbnb will waive all fees for stays arranged…
Coronavirus: LightInTheBox to make urgently needed medical supplies globally available
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•LightInTheBox Holding Co., Ltd., a cross-border e-commerce platform that delivers products directly to consumers around the world, announced that it is making urgently needed medical supplies globally available to support the fight against the COVID-19 pandemic. LightInTheBox is leveraging its strong relationships with suppliers across China to secure sizeable stocks of medical face masks, safety…
Coronavirus: States in the US that are hit hardest by social distancing
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•LendingTree, the nation’s leading online loan marketplace, released its study on the states hit hardest by social distancing. With COVID-19 spreading throughout the country and experts urging Americans to practice social distancing, the study found that residents of Western states and New England tend to be more social than the rest of the country and…
Bajaj Group pledges Rs100 cr for the fight against coronavirus
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•Rahul Bajaj, the Chairman of the Bajaj Group announced contribution of Rs 100 crore to fight against the coronavirus pandemic that has created havoc across the world. Such gestures from industrialists will definitely inspire others to do the same in order to deal with the nationwide lockdown in the country. According to the Company’s statement: …
Shifting consumer patterns in the US during Covid-19 pandemic
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•American consumers are shifting their purchasing attitudes towards companies and brands during the COVID-19 pandemic, according to a survey of more than 500 participants over a two-day period released by PEOPLE Insiders Panel, which is comprised of PEOPLE brand enthusiasts. Among the key findings: More than 89 percent are monitoring the treatment of employees by…
Robert M. Kimmitt to be lead Independent Director of Facebook
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•Facebook, announced that Robert M. Kimmitt, former Deputy Secretary of the Treasury and U.S. Ambassador to Germany, has been appointed to the company’s Board of Directors as lead independent director, effective immediately. Mark Zuckerberg, founder and CEO of Facebook, said, “The lead independent director is an important role for us and we’ve been looking for…
Exclusive: Travel tech firm Fareportal lays off employees
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•New York-based global tech travel firm Fareportal has reportedly laid off about 200 employees from its Gurugram and Pune offices amid the ongoing coronavirus pandemic. The novel coronavirus pandemic has crippled the travel industry forcing companies to run for their money and conserve as much capital as they can. This has led travel companies to…