On March 24, the Prime Minister Narendra Modi announced that the country will observe a total lockdown for 21 days due to the coronavirus pandemic. The Finance Minister Nirmala Sitharaman then came out with a slew of measures to help people in the unorganised sector and others to cope in these unprecedented times. The Finance…
The airline industry globally is suffering the most due to the coronavirus pandemic. The novel coronavirus, which first originated in China, has now spread to almost every corner of the world forcing governments to take tough actions. Several countries have imposed national and international lockdown and put a ban on movement to prevent the transmission…
Online marketplace Flipkart recently announced a partnership with Uber to provide people across Bangalore, Mumbai, and Delhi access to everyday essentials, amidst the ongoing national lockdown. This partnership will keep vital supply chains running and will address the growing needs of Flipkart customers to receive essential goods at their doorsteps every day. It will also…
The novel coronavirus which originated from China has now started to engulf India. So far, the virus has claimed more than 80 lives in India and infected more than 3,000 people. The COVID-19 pandemic presents an unprecedented challenge to the nation. This crisis calls for an even stronger and concerted action from corporate citizens to…
Companies are releasing regular updates to assure its employees and investors on its all business operations in order to counter any misinformation amid the current Covid-19 pandemic. Recently, Tata Steel released its update on India and European business operations. Now, Majesco has released its update related to business operations and other developments that took place…
The novel coronavirus outbreak, which originated from China in December last year, has now spread to India forcing the government to impose a nationwide 21-day lockdown. The outbreak has now been termed as “pandemic” by the World Health Organisation. So far, the virus has claimed 47 lives and infected more than 1500 people. Organizations nationwide…
Softbank-backed American online small business lender Kabbage is furloughing a “significant number” of its 500-strong US team. It is also completely closing down its office in Bangalore, and executive staff is taking a “considerable” pay cut, according to a report by TechCrunch. The company CEO Rob Frohwein has cited, “economic fallout of this virus has…
Cyient has joined the league of some of the big corporations who are fighting against the destructive coronavirus in the country. The company released its press statement mentioning steps taken in order to deal with the current Coronavirus crisis. Cyient, a global engineering and technology solutions company, announced that it has received clearance for its…
The coronavirus pandemic has spread across nations, uniting people across the globe to fight this virus that has already claimed many lives. Now, Bharti Enterprises joins the fray against Covid-19, announcing a donation of over Rs 100 crore. According to the company’s press statement, “These are extremely challenging times as the world battles the biggest…
ValueLabs, a Hyderabad-based IT & Services company, announced a total donation of $730,000 to help address relief measures for the COVID-19 situation. In order to engage everyone who wants to contribute to this cause, the company launched a donation drive over the weekend, enabling their global workforce to join hands and pledge their donations. Within…
As India entered the 6th day of its nationwide lockdown due to the coronavirus pandemic, the government has step-up its efforts to further prevent the virus from spreading rapidly and contain it as soon as possible. The novel coronavirus which originated from China has now entered India. The Ministry of Health and Family Welfare has…
MCX, the largest commodities bourse in India with a market share of more than 90%, is offering up to 3x more salaries to its select few employees, who are working from office. MCX employs around 400 people across India and 300 of them are based in its Mumbai headquarters. “Since last Friday, 50 of our…
Industrialists and companies across the globe are coming together to fight these unprecedented situations created due to the coronavirus pandemic. Every day companies and leaders are joining the fight against Covid-19, announcing their contribution to contain the further spread of the coronavirus in India and the world. Asian Paints has announced its contribution of Rs.…
HCL Technologies, an Indian multinational information technology service and consulting company, releases a statement to update its employees and others associated with the company on how it is dealing with unprecedented situations caused by the coronavirus pandemic. According to their statement: “HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and…
The State governments of India are leaving no stone unturned to make 21-days lockdown successful in their states and to further stop the menace caused by the novel coronavirus. Every day state governments across the nation are coming up with measures that can help its citizens to pass through these 21 days easily without worrying…