Tag: Coronavirus impact India

HDFC Group donates Rs150 cr to PM-CARES fund

The Coronavirus pandemic has had a major impact on people across the globe. The pandemic has seen major corporations standing up to the need of the hour and committing funds for the fight against the pandemic. In order to show support to cause and specially to all healthcare professionals and every human being who are…

Coronavirus: Mercedes-Benz India to set up a temporary hospital in Pune

Mercedes-Benz India, a German luxury car manufacturer, announced that it has decided to set up a temporary hospital for Covid-19 patients in Pune. The hospital will have all medical facilities and isolation wards required for treatment of Covid-19 patients. The newly developed medical facility in Mhalunge-Ingale Village, Chakan Khed, will have isolation wards with a…

Infosys Foundation and Narayana Health City partner to open 100-bed quarantine facility for Covid-19 patients

Infosys Foundation, the philanthropic and CSR arm of Infosys and Narayana Health, one of the largest healthcare providers in the country, have announced the launch of a 100-room quarantine facility for COVID-19 patients, in the vicinity of Narayana Health City in Bengaluru, Karnataka.  The facility, aimed at serving patients belonging to the economically weaker sections…

Ixigo slashes employee salaries amid coronavirus pandemic

Indian travel and hotel booking platform Ixigo has recently slashed the salaries of its employees across all levels in an attempt to save cash burn due to the coronavirus pandemic. The company Co-founder and CEO, Aloke Bajpai said that the top management has agreed to take a 60% pay cut while the rest of the…

ValueLabs and employees pledge $730,000 for Corona relief

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…

MCX India offers 3x salary to employees working from office

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…

Asian Paints pledges Rs35 cr towards Covid-19 relief

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

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…

Godrej group joins the fight against Covid-19

India’s industrialists are coming together to fight the novel coronavirus that has created havoc in the entire world. In order to stop the further spreading of the virus, countries are on full nationwide lockdown. In such crisis, the Godrej group has come forward to join the fight in order to overcome the unprecedented coronavirus pandemic,…

TVS Motor and Sundaram-Clayton join hands to fight Covid-19

TVS Motor Company, India’s one of the largest manufacturers of two-wheelers and three-wheelers and die-caster Sundaram-Clayton Ltd. (SCL) have announced spending Rs 30 crore to support the nationwide efforts to curb the spread of COVID-19.  ’This is an unprecedented crisis that requires all of us to cooperate and support each other as a nation,’’ said…

Coronavirus: Biocon & Biocon Biologics ensuring manufacturing of life-saving medicines

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…