Financial technology firm, FIS has begun its COVID-19 vaccination drive for its employees and their immediate family across 8 office locations in India. FIS, which houses one-third of its global workforce in India, aims to help vaccinate 10,000 plus people under its employee health and wellbeing program. In the first phase of its COVID-19 vaccination…
The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and Dr. Reddy’s Laboratories Ltd, a global pharmaceutical company headquartered out of India, announced that they have agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India. Upon regulatory approval in India, RDIF shall supply to Dr. Reddy’s 100 million doses…
Markivis, a Marketing Consulting Agency which offers services across Employer Branding & Marketing to B2B companies, announced the launch of MondayJoining.com, a recruitment portal to facilitate people who have lost their jobs during the Covid-19 pandemic. The portal intends to connect people who are out of jobs or available to join within 14 days to…
Deutsche Bank’s top managers will waive one month of fixed pay in an effort to cut costs as Germany’s largest lender deals with the fall-out of the coronavirus crisis. As per a Reuters report, members of the management board as well as the bank’s group management committee will be affected by the move, chief executive…
The economic impact of the Covid-19 pandemic calls on business leaders and the Board to meet the challenges on multiple fronts, ensuring the health of the business and positioning the enterprise to thrive at a new normal while attending to customer expectations and people’s needs.
to prevent violence against them: Union Home Minister Union Ministry of Home Affairs (MHA) had issued advisories to all States/UTs to ensure adequate protection to healthcare professionals, medical staff and frontline workers by augmenting their safety and security cover. In spite of these advisories, some incidents of violence have been reported from different parts of the…
We all have been trying to work out the plans for our work life post lockdown. Businesses and business managers have been planning their next course of action – to take stock of damage inflicted, to work out their manpower strategy, etc. and to re-calibrate their work related processes once normal work life resumes. Those…
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.
There is not a single nation that has not been impacted due to the coronavirus pandemic. The number of coronavirus cases are continuously rising in the western and the european nations, affecting all sectors in terms of jobs, production and trade. US and Italy are the most impacted nations due to the pandemic resulting in…
Amazon Care, the medical care arm for Amazon’s employees, has recently partnered with Bill Gates-backed research program SCAN to pick up and deliver at-home coronavirus test kits in Seattle. As reported first by CNBC, Amazon is going to be working with Seattle Coronavirus Assessment Network, or SCAN, a new research initiative backed in part by…
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…
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…
As per a recent release, as an Additional Advisory for Novel Coronavirus Disease (Covid-19), the Government of India has requested the states to enforce work for home for private sector employees except those working in emergency and essential services. As per the advisory, towards addressing the need of ensuring social distancing at central government offices,…
The travel industry has been in a soup since the coronavirus outbreak. With many countries closing their borders and visas getting rejected, the travel and tourism industry is getting severe blows. Start-ups, in travel aggregation and vacation planning, have seen their business almost coming to a complete halt in the last two months, and for…
“Desperate times, call for desperate measures” When the first case of Coronavirus was reported, nobody expected it to engulf the whole world in fear, causing a recession-like situation. The pandemic has so far has claimed more than 4,000 lives worldwide and infecting 100,000 people. As we speak today, the virus has begun spreading in India…