India is under complete lockdown due to the coronavirus epidemic. Despite different measures taken by the government on all levels, the number of coronavirus cases in the country are still on the rise. The central government of India has recently announced an economic bailout package to deal with the ongoing crisis. Many sectors are severely…
Tag: Coronavirus impact
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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•Â 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…
Coronavirus: Godrej Protekt to give 1 million free handwash in Maharashtra under #ProtektIndiaMovement
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•Coronavirus (COVID-19) has become an alarming issue in India and around the world. Considering the severity of the matter, Godrej Protekt – the range of hand hygiene products from Godrej Consumer Products Limited (GCPL) – has launched an initiative called ‘Protekt India Movement’. Godrej Protekt through #ProtektIndiaMovement aims at building awareness amongst people by keeping…
Coronavirus: Slump in global IPO momentum in Q1 2020
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•Despite initially riding momentum carried from Q4 2019, hopes for an IPO window of opportunity and rebound in the first half of 2020 were cut short by the global impact of COVID-19 (coronavirus disease of 2019). This led to 235 deals and US$28.5b in proceeds through the first three months of 2020. Despite the equity…
China-based SonoScape shares its experience of fighting against Covid-19 to the global community
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•SonoScape, a provider of ultrasound and endoscopy solutions, headquartered in Shenzhen China, started to help with the coronavirus epidemic as early as in January. The company worked against time with top priority of ensuring the health and safety of employees while supporting diagnostic and treatment solutions for hospitals. SonoScape shared its experiences in China for…
Coronavirus: AT&T enables virtual classrooms across America by offering free wireless connectivity to schools
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•With the COVID-19 virus having unprecedented impacts on the society and keeping millions of students and teachers home for the foreseeable future, AT&T is stepping up to enable virtual classrooms across America. AT&T is offering schools a way to save on unlimited wireless broadband connectivity for students. Through May 22nd, qualified schools activating new lines…