Tag: COVID-19 Response

Beijing-based AIIB approves $750 mn loan to India for Covid-19 response

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.…

Covid – 19: Businesses in India severely impacted but are holding back from drastic cuts on manpower costs

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…

Indiabulls commits ₹ 21 Cr. to PM CARES

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

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

“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

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

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,…