The pervasive sentiment of fear due to the Covid has hampered the overall economy and chances of full economic recovery look bleak…The focus now should be on restoring employment to those who have become unemployed
Tag: COVID-19 Response
Beijing-based AIIB approves $750 mn loan to India for Covid-19 response
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•The Asian Infrastructure Investment Bank, a Beijing-based multilateral development bank with a mission to improve social and economic outcomes in Asia, announced that it has approved a $750 million loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable households.…
Lockdown 3.0: MHA Guidelines for workplaces for Covid-19 management
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•Covid – 19: Businesses in India severely impacted but are holding back from drastic cuts on manpower costs
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•Covid-19 has severely impacted businesses across the globe, and amid lock down, supply chains going off and customer demand dried up a number of businesses have had to undertake drastic measures including salary cuts, furloughs, as well as job cuts. The impact has been seen globally and for businesses across industries. To understand the impact…
Priorities for business leaders during and post Covid-19
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•Wipro, Azim Premji Foundation commit Rs 1,125cr to fight Covid-19 pandemic
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•Wipro, Wipro Enterprises and Azim Premji Foundation have together committed Rs 1,125 crore towards supporting the fight against the novel coronavirus pandemic. The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight…
Indiabulls commits ₹ 21 Cr. to PM CARES
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•The Coronavirus pandemic has seen the world almost coming to a standstill. The pandemic has seen corporations and business leaders committing sizable amounts towards supporting the impacted people, communities as well as funding government initiatives towards fighting the pandemic as well implementing preventive measures. Indiabulls Group, a diversified financial services group, has announced a commitment…
MetLife Foundation commits $25 Million to support communities impacted by COVID-19
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•MetLife Foundation, an organisation focused on improving the financial health of low-income individuals around the globe has announced a commitment of $25 million towards supporting communities impacted by COVID-19. The foundation works by partnering with trusted organizations that create and expand financial access, and helps build the knowledge, capability and habits needed to improve financial…
Mumbai offices shut till March 31st
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•“All private, Corporates, and establishments to be completely shut down.” – Brihanmumbai Municipal Corporation (BMC) , 20th March 2020All offices in Mumbai will be closed till March 31st. The announcement was made by Chief Minister Maharashtra, Uddhav Thakeray earlier today. The announcement said that only essential services will operate in Mumbai, Pune, Pimpri Chinchwad and…
COVID-19 Response: Cruise Lines International Association (CLIA) voluntary suspends US cruise operations
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•CLIA ocean-going cruise lines will be voluntarily and temporarily suspending cruise ship operations from U.S. ports of call for 30 days as public health officials and the U.S. Government continue to address COVID-19. “CLIA cruise line members are voluntarily and temporarily suspending operations from the U.S. as we work to address this public health crisis,”…
COVID-19 Response: Innoplexus opens its AI search platform Ontosight to medical researchers
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•Innoplexus AG has made its proprietary Ontosight AI search platform available to medical researchers around the globe to help fight the COVID-19 pandemic with immediate effect. The platform is already being used by researchers from Germany, USA, and India. ‘Flattening the curve’ necessitates health organizations to take on early measures focused on containment. Various countries,…
COVID-19 Response: IIT Kanpur to provide free online Python Courses to universities worldwide
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•Prutor.ai, developed by Dr. Amey at IIT Kanpur, offers many online courses. It is making the online content and access to Prutor free to any university and college in the world which cannot take physical classes anymore due to the coronavirus pandemic. Most colleges have to cancel taking the physical classes in the classrooms, to…