Category: News

Former Vistara executive Sanjiv Kapoor joins GoAir as an advisor

Former Vistara Chief Strategy and Commercial Officer Sanjiv Kapoor has recently joined the domestic budget carrier GoAir in an advisory role. The appointment comes at a time when GoAir faces a crisis, like the rest of the industry. Kapoor’s appointment is significant as the Wadia Group company has been battling through a crisis due to…

Thailand-based holistic health, wellness and travel platform Riwigo enters India

Anurag Kaushik, CEO of Riwigo, in partnership with Krishnendu Chatterjee, a native of Kolkata, announced the expansion of the Riwigo Holistic Health Platform in India, starting from Kolkata. Riwigo is a popular platform for discounted bookings at hotel and spa centers. Their unique, modern system currently offers location-based hotel and spa and wellness services in…

Covid-19 pandemic: NASA assessing mission impacts of Coronavirus

To protect the health and safety of the NASA workforce as the US responds to coronavirus (COVID-19), agency leadership recently completed the first assessment of work underway across all missions, projects, and programs. The goal was to identify tasks that can be done remotely by employees at home, mission-essential work that must be performed on-site,…

US fintech HUMBL partners with Digital India Payments to enter India market

HUMBL, a US fintech delivering mobile payments and financial services, and Digital India Payments Limited, announced a strategic partnership to enter the India market. DIPL processes millions of dollars per day in financial and retail transactions, across 30,000 merchant locations in India, with extensions into Nepal, Bangladesh, Maldives, Myanmar and Sri Lanka. Varying by location,…

Covid-19 pandemic: Boeing announces actions to navigate Covid-19 crisis

The Boeing Company announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry’s recovery. Decisions include: CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year.  The company will suspend its dividend until further…

Nation to stand united to fight the pandemic crisis: Dr Niranjan Hiranandani – President – ASSOCHAM

Time is right for the world to stand together and combat the perils of unprecedented crisis of COVID-19 pandemic. Bringing the nation together in the fight against the Coronavirus, Hon’ble Prime Minister Narendra Modi in his nation address announced proactive measures for India to stay ahead of the curve in fighting the crisis. Given that…

Covid-19 pandemic: Cigna expands benefits to support and protect its workforce in US

Responding to the COVID-19 pandemic, Cigna announced several actions to support and protect its colleagues in the United States so they can continue serving the company’s more than 170 million customer relationship worldwide. “Our talented teammates are working relentlessly to protect and serve our customers, clients, partners and communities during this critical time of need,”…

Covid-19 pandemic: Bacardi helps produce hand sanitizers

A shift in production by Bacardi at the world’s largest premium rum distillery is helping supply ethanol required to produce the much-needed hand sanitizers that are in high demand as a result of COVID-19. The Bacardi Corporation distillery in Cataño, Puerto Rico, where more than 80% of the company’s rums are produced, has partnered with…

Covid-19 pandemic: PepsiCo to provide enhanced benefits to its US employees and additional compensation to US frontline

PepsiCo, Inc. announced it will provide enhanced benefits to all U.S.-based employees and additional compensation to U.S. frontline employees – the women and men who make, move and sell products – amidst the novel coronavirus (COVID-19) pandemic. The additional compensation covers more than 90,000 frontline employees at both PepsiCo Beverages North America (PBNA) and PepsiCo…

TCS recognized with 2O2O CIO 100 award

Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been honored with the 2020 CIO 100 Award, for delivering business agility through large scale enterprise Agile transformation. The CIO 100 awards, instituted by IDG, the world’s leading technology media, data and marketing services company, recognize innovative organizations around the world…

Mumbai offices shut till March 31st

“All private, Corporates, and establishments to be completely shut down.” – Brihanmumbai Municipal Corporation (BMC) , 20th March 2020All offices in Mumbai will be closed till March 31st. The announcement was made by Chief Minister Maharashtra, Uddhav Thakeray earlier today. The announcement said that only essential services will operate in Mumbai, Pune, Pimpri Chinchwad and…

Kubota Corporation to invest in Escorts Ltd

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10% equity stake, on a post capital reduction basis, in Escorts Ltd., a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership. Upon completion of this transaction, Escorts and Kubota…