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…
Tag: Coronavirus global impact
Cognizant to give an additional 25% salary to some of its employees
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•US-headquartered IT firm Cognizant Technology Solutions is looking to pay an additional 25% of base pay to some of its employees in India and the Philippines as a major chunk of its offshore workforce is working remotely due to the coronavirus pandemic. As the world battles coronavirus pandemic, different companies are trying in their own…
Employment marketplace ZipRecruiter lays off about 500 employees
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•The novel coronavirus has started taking a toll on businesses and jobs. The impact on the global economy is already being estimated as being far more severe than we saw during the global recession of 2008. By the looks of it, and as per industry experts we’re already amidst an unemployment crisis, which is expected…
Asian Paints pledges Rs35 cr towards Covid-19 relief
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•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’ statement on the coronavirus situation
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•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…
Haryana govt issues advisory, asking industry not to layoff employees, deduct wages during Covid-19 lockdown
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•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…
Infosys terminates employee over controversial social media post on coronavirus
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•Indian tech giant Infosys recently announced that it has sacked one of its employees who wrote an “inappropriate post” on Twitter about the coronavirus pandemic. Announcing the termination of the employee’s services through Twitter, Infosys said, “Infosys has completed its investigation on the social media post by one of its employees, and we believe that…
L&T donates 150Cr to PM Cares, defers extra pay revision to employees
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•India’s leading technology, engineering, construction, manufacturing, and financial services conglomerate Larsen & Toubro, recently announced that it is committed to participating in corporate India’s response to COVID-19 through funds, community welfare plans and through leveraging its expertise to offer assistance. Responding to the call given by Hon’ble Prime Minister of India, the company will donate…
How to stay focussed and dedicated while working from home
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•Work-from-home, remote working or telecommuting, whatever you may call it, but handling all your work-related tasks from the comfort of your couch is now becoming a normal thing and you won’t be judged for that. Due to the novel coronavirus pandemic, work-from-home is now the talk of the town. The coronavirus outbreak, which first originated…
Frankfurt-headquartered Innoplexus announces major findings in potential combination therapies for Covid-19
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•Innoplexus AG announced some first results in its artificial intelligence enabled search for a COVID-19 antiviral treatment. Innoplexus began by scanning data on previously approved drugs for off-label potential in treating COVID-19, using its proprietary artificial intelligence (AI) and big data platform to generate actionable insights from hundreds of terabytes of structured and unstructured public…
Coronavirus: Biocon & Biocon Biologics ensuring manufacturing of life-saving medicines
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•Biocon Ltd. and Biocon Biologics have activated business continuity plans across their functions to meet the needs of patients, partners, customers and other stakeholders who depend on its products. As a global company, it has presence across India, UAE, Malaysia, Singapore, Europe, U.S. and are adjusting all operations to fully comply with regulations issued by…
Moody’s pledges $1 mn in funding for Covid-19 relief
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•Moody’s Corporation announced that it will fund a $1 million program of charitable donations and other support to help address the immediate and long-term impact of COVID-19. Moody’s will extend support to its existing philanthropic partners to help small businesses and education systems and reconfigure its employee volunteer programs to assist communities most affected by…
Airbnb to help provide housing to 100,000 Covid-19 responders around the world
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•Airbnb announced a new global initiative to help connect those responding to the Covid-19 pandemic with safe and convenient places to stay while they carry out their critical work. The company’s goal is to help house 100,000 healthcare professionals, relief workers, and first responders around the world. Airbnb will waive all fees for stays arranged…
Coronavirus: LightInTheBox to make urgently needed medical supplies globally available
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•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…
Coronavirus: States in the US that are hit hardest by social distancing
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•LendingTree, the nation’s leading online loan marketplace, released its study on the states hit hardest by social distancing. With COVID-19 spreading throughout the country and experts urging Americans to practice social distancing, the study found that residents of Western states and New England tend to be more social than the rest of the country and…