Infosys, a global leader in next-generation digital services and consulting, together with HFS Research unveiled a market study titled, ‘Nowhere to Hide: Embracing the Most Seismic Technological and Business Change in our Lifetime.’ Focusing on how the COVID-19 pandemic has impacted businesses across industries, this joint study by Infosys and HFS Research revealed that numerous…
It won’t be far from the truth if we say that Covid-19 has affected not only the health but also the wealth of the world. Due to the lockdown across the globe, the overall economy of the world has unfortunately gone down. Amidst all, few industries were affected more than the others. Here are some…
The Rockefeller Foundation, a provider of resources and investment to innovators in the social and environmental product sectors, announced that it will commit $1 billion over the next three years to catalyze a more inclusive, green recovery from the Covid-19 pandemic. The Foundation will focus on two key areas: catalyzing billions of dollars in private…
McKinsey & Company and LeanIn.Org released the annual Women in the Workplace report, the largest study of its kind. After six years of slow but measurable progress in the representation of women in corporate America, 1 in 4 women are now considering leaving the workforce or downshifting their careers due to Covid-19. In a single…
IBM and the city of Seoul, South Korea, have launched an AI-based virtual assistant for Seoul citizens using IBM Watson Assistant. The virtual assistant is part of the city’s “I Care You” project, which is designed to survey the changes to daily life and difficulties that citizens are experiencing due to the COVID-19 pandemic to…
Visa, the world’s leader in digital payments, announced a global commitment to elevate 50 million small and micro businesses (SMBs) worldwide in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa said that it is introducing a range of locally designed programs and solutions to enable SMBs…
Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, announced the launch of antiviral drug Favipiravir (brand name FabiFlu) for the treatment of mild to moderate COVID-19 patients. Glenmark has received manufacturing and marketing approval from India’s drug regulator, making FabiFlu the first oral Favipiravir-approved medication in India for the treatment of COVID-19, the company said.…
IIFL, a leading financial services company in India, announced that it has launched an initiative to support fintech startups that are facing funding and growth challenges due to the COVID-19 pandemic. The initiative, named #IIFLDisrupt, will help fintech startups by providing funds, becoming their first client and giving access to mentors. “COVID-19 has disrupted the…
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…
WestJet, a Calgary-based airline has announced that the company will further lay-off 3,000 of its workers in early May as demand for flights craters amidst the COVID-19 pandemic. Earlier in March, the company laid off 6,900 of its workers amid a dramatic downturn in business because of COVID-19. The number of people who lost their…
Investment and related payment can be made up to 30th June 2020 for claiming the deduction under 80C, 80G, 80D sections for FY 2019-20. The outbreak of Novel Corona Virus (COVID-19) across the globe has impacted people and businesses, causing loss to the lives of people, livelihood etc. Considering social distancing as an important move…
Wynn Resorts CEO Matt Maddox announces safety program and policy updates related to the COVID-19 pandemic. STATEMENT FROM MATT MADDOX, CEO OF WYNN RESORTS: It has been just a week since we announced operational changes designed to keep our guests and employees safe during this global pandemic. In the news, we read of families painfully…