Edtech platform Univariety recently announced it has raised $1.1mn (₹8Cr) from Info Edge. This is reportedly Info Edge’s second investment in the Hyderabad-based company in a span of two years This primary funding will be used by Univariety for business growth with a focus on product development, scaling up its alumni platform for schools and…
Lunch marketplace MealPal recently announced a new initiative to drive $10 million in donations to restaurants impacted by the COVID-19 virus. Through the new program, anyone can donate a month of a MealPal membership to local restaurants. The rapid decline in restaurant sales since the COVID-19 outbreak is staggering. In a typical week, MealPal drives…
Oscar Munoz, Chief Executive Officer, J. Scott Kirby, President, and labor leaders issued the following message to nearly 100,000 United Airlines employees: To our United family: We hope you and your loved ones are well. In these difficult and uncertain times, we want to continue to keep you updated about all the ways we are…
Auto major Bajaj Auto recently announced that its shareholders have approved the re-appointment of Rajiv Bajaj as Managing Director and Chief Executive Officer. Through a BSE filing, the company said, “Rajiv Bajaj whose five-year term expires on 31 March 2020, has been re-appointed for a further period of 5 years w.e.f. 1 April 2020, subject…
MGM Resorts International recently announced that it has appointed Bill Hornbuckle as the acting Chief Executive Officer. Bill, who is currently the Chief Operating Officer and President of the company will be replacing outgoing Chairman and CEO Jim Murren. According to an official press release, Murren had notified the company about his departure in February…
Goa becomes the first State in India to adopt an automated technological solution for the citizens to carry out a self-assessment test for COVID-19. The App provides information on Self Quarantine, Helpline numbers to reach out to, and other such information. The Government of Goa has partnered with Innovaccer, Inc., headquartered in San Francisco, a…
Western Union, a global leader in cross-border, cross-currency money movement and payments, informed its money transfer customers that the Company’s money movement network stands ready to help customers deliver vital financial support to friends and families around the world in these challenging times. Customers can choose to send funds via Western Union’s increasingly adopted digital…
Global management consultancy Arthur D. Little (ADL) has initiated an international platform for CEOs to exchange crisis management experiences while dealing with COVID-19. Under the motto, “Learning from each other and coping with the crisis together,” the aim of the pro bono initiative is to build a pool of experience and provide companies and public…
FarEye–predictive logistics platform, announced that it will work with companies globally and equip them with its home delivery optimization software to handle surge in home deliveries with available drivers, quickly onboard part-time drivers and make deliveries contactless. FarEye will provide its solution – FarEye SERVE, free of cost – To organizations making home deliveries of…
Fintso, a wealth management platform, announced it has raised $2.6 million in maiden funding round led by a set of individual angel investors, including Rajeev Juneja (CEO of Mankind Pharma), Pratul Shroff (Founder of eInfochips), Dilip Khandelwal (MD and Head of Technology, Asia Pacific, Deutsche Bank), Piyush Gupta (Group CFO, HT Media), and a few…
As India witnesses, a spike in coronavirus positive cases, organizations around the country have started increasing their precautionary measures to safeguard their employees during the time of a pandemic. The novel coronavirus, which originated in the Wuhan City of China is now spreading really fast in the state of Maharashtra. Responding to the increasing tensions…
Hero MotoCorp, the world and India’s largest two-wheeler company, recently announced that it is temporarily shutting down all its manufacturing facilities globally with immediate effect. The recent closure of the manufacturing is a result of the ongoing coronavirus pandemic. The company announced the closure through an official BSE filing, which read, “With the safety and…
All state governments and the Central government of India are taking preventive measures to contain the coronavirus pandemic in the country. The Department of Personnel and Training (DoPT) on Thursday issued another set of directives for government employees on preventive measures to contain the spread of COVID-19, effective till April 4. This is the second…
Tata Sons recently announced that it will ensure full payments to temporary workers and daily wage earners for the month of March and April in view of the coronavirus pandemic. Tata’s temporary workers across offices and production sites in India will be eligible for the payment even if they fail to report to work due…
HRO Resources introduces a suite of services to help companies stay resilient during the economic impact of COVID-19. COVID-19 and its impact on the economy are yet to be fully understood, but one thing is for certain, there will be financial impacts on some level to many industry segments and our ways of doing business…