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…
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…
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 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…
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 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 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…
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…
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…
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…
Finance Minister Nirmala Sitharaman announced that the government will pay the EPF contribution both of the employer and the employee (12% each) for the next three months. The good news is applicable for establishments with up to 100 employees, where 90% of employees drawing less than Rs 15,000 salary. “This is for all those establishments…
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…
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…
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…
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…