Rahul Bajaj, the Chairman of the Bajaj Group announced contribution of Rs 100 crore to fight against the coronavirus pandemic that has created havoc across the world. Such gestures from industrialists will definitely inspire others to do the same in order to deal with the nationwide lockdown in the country. According to the Company’s statement: …
Tag: Coronavirus global impact
Shifting consumer patterns in the US during Covid-19 pandemic
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•American consumers are shifting their purchasing attitudes towards companies and brands during the COVID-19 pandemic, according to a survey of more than 500 participants over a two-day period released by PEOPLE Insiders Panel, which is comprised of PEOPLE brand enthusiasts. Among the key findings: More than 89 percent are monitoring the treatment of employees by…
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…
Exclusive: Travel tech firm Fareportal lays off employees
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•New York-based global tech travel firm Fareportal has reportedly laid off about 200 employees from its Gurugram and Pune offices amid the ongoing coronavirus pandemic. The novel coronavirus pandemic has crippled the travel industry forcing companies to run for their money and conserve as much capital as they can. This has led travel companies to…
Coronavirus Impact: Zomato employees take voluntary pay cuts
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•Taking into consideration the impact of the coronavirus pandemic on businesses, Zomato recently announced that hundreds of its employees are taking a voluntary deep cut in salaries to help the company sustain. In a series of tweets, Zomato CEO Deepinder Goyal announced that hundreds of employees have taken deep voluntary salary cuts to help the…
37% Of small businesses in the US are struggling to stay afloat
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•Coronavirus pandemic has engulfed the entire world, creating nation lockdowns in most countries which have put immense impact on businesses of all forms, creating job losses and shutting down manufacturing operations across the globe. However, there is news from China that its industries have started operating as the country has no new coronavirus cases. But…
Bacardi initiates global production of hand sanitizers for local communities
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•Family-owned Bacardi has expanded its commitment across countries and brands to help produce more than 267,000 gallons (1.1 million liters)of hand sanitizers, as worldwide demand continues to exceed supply in efforts to reduce the risk of COVID-19. This week, eight Bacardi-owned manufacturing sites across the United States, Mexico, France, England, Italy and Scotland are joining…
NIIT develops actionable roadmaps, toolkits and packaged services to help learning and development organizations
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•The COVID-19 pandemic is an ongoing global crisis. As the situation continues to evolve, businesses around the world find themselves in uncharted territory as they scramble to manage through the crisis. This includes learning and development organizations who will have to make major changes in their delivery approach almost overnight. In response to this unprecedented…
Ultra low-cost carrier Volaris announces temporary reduction of capacity and demand
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•Volaris, the ultra-low-cost airline serving Mexico, the United States and Central America, announces that the spread of the COVID-19 (Coronavirus), declared a pandemic by the World Health Organization, and the related governmental travel restrictions have significantly reduced the demand for global air transportation. Accordingly, as of March 24th, 2020 Volaris will decrease capacity as measured…
Coronavirus kindness: Hyundai Hope On Wheels donates $2 mn to Children’s hospitals across the US
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•Hyundai Hope On Wheels, a non-profit organization supported by Hyundai Motor America and its U.S. dealers, announces a donation of $2 million for COVID-19 Drive-Thru Testing Centers in partnership with children’s hospitals throughout the U.S. The COVID-19 pandemic has created a particular threat to children with cancer, many of whom have compromised immune systems. COVID-19…
Coronavirus: Small businesses already feeling huge drop in demand
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•A just released US study found that 69 percent of U.S. small businesses have already experienced a large drop in demand due to the coronavirus pandemic and 60 percent believe demand will continue to decline. The study of small businesses by America’s Small Business Development Centers (SBDC) and Thryv, Inc., found that 82 percent of…
IBM offers free tools to track COVID-19 cases in the US
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•In this challenging time when more than one in four Americans are under “shelter-in-place” orders, IBM is offering free tools to track reported COVID-19 cases near you and help you stay informed. Offered through The Weather Channel app, weather.com, and an online dashboard, this information is designed to help provide the latest details currently available…
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…
Suburban Diagnostics appointed by ICMR to conduct Covid-19 tests
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•Suburban Diagnostics has been appointed by Indian Council of Medical Research (ICMR), Department of Health Research as one of the private labs to test for COVID-19. Suburban Diagnostics is accredited by NABL and CAP and is ready to serve the community in this crisis. They are facilitating home collection as well, as a visit to…
Coronavirus: e-Zest and Neurosynaptic announce a Solution to help control the Covid-19 pandemic
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•e-Zest Solutions and Neurosynaptic Communications announced the ReMeDi SCAN-CORONA platform, an innovative technology solution to help control the novel COVID-19 pandemic. As countries worldwide grapple to contain the spread and flatten the curve while treating the ones infected, the need of the hour is to deploy widespread screening and testing procedures to identify and isolate…