In the wake of the on-going coronavirus (COVID-19) outbreak, Aster DM Healthcare and Aster Volunteers have launched a 24/7 COVID-19 Support Centre for people from across India. The tele-triage (assessment of the condition and appropriate guidance for treatment) service will be free for everyone across India who are seeking medical help if they suspect they…
Category: News
Apollo Tyres leadership takes pay cut amid the coronavirus epidemic
by
•In a move to show solidarity with the ongoing crisis caused by the coronavirus epidemic around the world, Apollo Tyres has announced in a press statement that its leadership will take pay cuts. In its press statement, the company said: The Apollo Tyres Leadership Team has announced a voluntary reduction in pay due to the…
Entrepreneurs write to Prime Minister saying “Coronavirus Doesn’t Discriminate, Need Lockdown”
by
•The coronavirus has impacted many businesses worldwide. The novel virus which originated in China has now spread to 160 countries while 180 positive cases and four deaths in India alone. Businesses have been forced to resort to cost-cutting measures and put a halt on expansions. Some are even asking the government to step in. A…
Ada raises $44mn Series B funding led by Accel to boost expansion
by
•Ada, the leader in Automated Customer Experience, announced it has raised a $44 million Series B funding led by Accel. Existing investors Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital also took part in the funding round. The company will utilise the funds raised to scale the platform, deepen its AI leadership…
Homebody Economy sees growth in China amid the coronavirus epidemic: Nielsen
by
•The global measurement and data analytics company Nielsen recently released a study on the homebody economy amid the COVID-19 pandemic. The study surveyed consumers during the epidemic, and analyzed the “homebody economy” to discover new consumption trends. Justin Sargent, president of Nielsen China, said: “The Chinese government rapidly responded to the epidemic by rolling out…
WorkBoard appoints new Chief People Officer and Chief Customer Officer to its leadership team
by
•WorkBoard, the leader in Enterprise Strategy and Results Management, announced the appointment of David Ginsburg as Chief Customer Officer, and Stuart Crabb as the new Chief People Officer. Prior to this, Ginsburg led and scaled best-in-class customer success and strategic services teams at Box, MixPanel, eBay and UserTesting. Like WorkBoard, UserTesting and Box grew rapidly…
Covid-19 pandemic: Challenges global supply chains are facing from COVID-19
by
•The impact on supply chains has been widespread with autos, electronics, capital goods, commodities and apparel sectors experiencing slowdown in sales and availability of parts in their supply chains, according to the latest research by Panjiva, the supply chain intelligence unit of S&P Global Market Intelligence. The report, which draws on over 50 research articles…
Domino’s is hiring in US amid the coronavirus pandemic
by
•Domino’s, the largest pizza company in the world based on global retail sales, and its franchisees are working hard to serve local communities and provide reliable, hot pizza to everyone looking for a meal. Staffing is critical at times like this. Open store positions generally include delivery experts, pizza makers, customer service representatives, managers and…
Covid-19 pandemic: US FDA continues to facilitate development of treatments
by
•The U.S. Food and Drug Administration continues to play a critical role in the multifaceted all-of-government response to the COVID-19 pandemic, which includes, among other things, facilitating medical countermeasures to treat and prevent the disease, and surveilling the medical product and food supply chains for potential shortages or disruptions and helping to mitigate such impacts,…
Govt. advises states to enforce work from home for private sector employees
by
•As per a recent release, as an Additional Advisory for Novel Coronavirus Disease (Covid-19), the Government of India has requested the states to enforce work for home for private sector employees except those working in emergency and essential services. As per the advisory, towards addressing the need of ensuring social distancing at central government offices,…
Razorpay: Coronavirus leads to 30% drop in online travel bookings, 9% rise in grocery purchase
by
•Razorpay, the leading full-stack financial solutions company, shared insights about the impact of the Coronavirus (Covid-19) outbreak on digital payments in India. The insights are based on transactions held on the company’s platform between February 2020 and now. Since December 2019 when Covid-19 originated in China’s Wuhan city and its severity started to spread across…
Coronavirus pandemic: TCI Express releases its business outlook
by
•TCI Express releases a press statement stating its business outlook and impact due to Coronavirus (COVID-19) pandemic in India TCI Express Ltd. is closely monitoring the Coronavirus situation as the Government of India continues to take various precautionary measures to contain the outspread. Our top priority at this moment is the safety and well-being of…
Bounce lays off 120 employees to conserve capital
by
•Bengaluru-based scooter rental startup Bounce has recently laid around 20% of its workforce in as a cost-cutting measure, as an Entrackr report. Most of these lays are from mid and senior-level with high salary packages. According to the report, the company has decided to let go of about 120 employees primarily from an internal project…
Tata Power expands rooftop solar service to 90 cities across India
by
•Preparing for a #futureready India, Tata Power, the country’s largest integrated utility is making a big push for a stronger adoption of clean energy by expanding its rooftop solar offerings to 90 cities. The big rollout from Tata Power is also coming at a time when consumers across all major categories including commercial, industrial, residential…
HCL invokes contingency plan as Noida employee tests COVID-19 positive
by
•After one of its employees tested positive for the novel coronavirus, IT major HCL Technologies have assured its other employees about their safety. According to a report by MoneyControl, the Noida-based company issued a circular to its employees informing about the happenings inside the company. As per the circular, which was accessed by MoneyControl, the…