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…
Tag: Coronavirus – 2020 (Novel Coronavirus
Are we heading towards an unemployment crisis?
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•The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed…
Coronavirus: CXOs of major corporations forego their salaries to keep business going
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•The coronavirus pandemic has hammered industries into a wall of troubles. Organizations are now calling the impact of this pandemic worse than any other pandemic or war has ever caused. The novel virus which originated in China has now become a global problem. So far the virus has claimed more than 19,000 lives and infected…
Coronavirus: Manufacturing shutdown in India’s industrial sectors
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•Markets across the globe are severely impacted from the coronavirus pandemic, resulting in shutdown of manufacturing facilities in various countries including China, which is the largest exporter of goods in the World. Many industry experts and historians say that the shutdown of heavy industry is unlike any seen since the 1940s. According to the Organisation…
How corporates are helping governments fight the COVID-19 pandemic
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•The novel coronavirus, which began from Wuhan in China last year, has now spread to every continent except Antarctica. The virus, which was originally expected to be China’s problem, has now become a global headache. So far the virus has infected 360,327 people and claimed more than 15,000 lives worldwide. The outbreak is now termed…
Coronavirus: Arthur D. Little unites international CEOs to help combat COVID-19 business threats
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•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…
Coronavirus: Tata Motors to shut Pune manufacturing plant
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•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…
Coronavirus: Hero MotoCorp shuts down manufacturing plants globally
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•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…
Corporate Action: How FMCG majors are contributing in times of coronavirus pandemic
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•The coronavirus pandemic has now spread its fears to India, the government and the private sector are both taking steps to make personal care, hygiene and sanitation products more affordable as they up the ante to combat the rapidly spreading coronavirus. The novel coronavirus which originated in the Chinese city of Wuhan has now transmitted…
How to efficiently coordinate with your remote employees in times of coronavirus
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•The concept of working remotely has been around for quite some time now. Many employees or freelancers don’t endorse the habit of making it to the office every day. But since the novel coronavirus outbreak, even the people who would daily report to the office are working from their homes. The virus, which originated in…
88% of organizations are encouraging remote working due to coronavirus, says report
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•Since the coronavirus pandemic has taken its toll on businesses, organizations have been forced to go for the world’s largest work from experiment. Companies around the globe are asking their employees to work remotely in the crisis in an attempt to prevent the transmission of the virus. While many companies are still struggling to pace…
Aster DM Healthcare launches free 24/7 COVID-19 support centre
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•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…
Entrepreneurs write to Prime Minister saying “Coronavirus Doesn’t Discriminate, Need Lockdown”
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•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…
Govt. advises states to enforce work from home for private sector employees
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•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,…
Coronavirus Pandemic: Aviation industry braces for impact
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•The novel coronavirus outbreak, which originated in the Wuhan City of China, has now become a global headache. So far, the pandemic has claimed more than 8,900 lives and infected more than 200,000 people in 160 countries. But it’s not just individuals who are infected with the virus, businesses have been facing tremendous losses. The…