Tag: Coronavirus impact India

How corporates are helping governments fight the COVID-19 pandemic

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 kindness: Western Union meets customers’ needs in challenging times

Western Union, a global leader in cross-border, cross-currency money movement and payments, informed its money transfer customers that the Company’s money movement network stands ready to help customers deliver vital financial support to friends and families around the world in these challenging times. Customers can choose to send funds via Western Union’s increasingly adopted digital…

Coronavirus kindness: India’s FarEye offers zero-fee technology to handle surge and execute contactless home deliveries

FarEye–predictive logistics platform, announced that it will work with companies globally and equip them with its home delivery optimization software to handle surge in home deliveries with available drivers, quickly onboard part-time drivers and make deliveries contactless. FarEye will provide its solution – FarEye SERVE, free of cost – To organizations making home deliveries of…

Coronavirus: Tata Motors to shut Pune manufacturing plant

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

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…

Impact of COVID-19 across sectors in India

Colliers Research highlighted the impact of COVID-19 across sectors that are mentioned below: Office Sector In 2020, Colliers Research forecasts 54.3 million sq feet (50.4 million sq meters) of gross absorption, and does not foresee any major impact on office demand due to COVID-19. However, some delayed decision making by occupiers who depend on clearances…