CEO and MD of IT major, Infosys Ltd, Salil Parekh has said it's imperative for businesses to join hands with the governments, civil society and healthcare institutions in the battle to halt the spread of the novel coronavirus.
“Start-ups and large corporates are also giving ideas on tackling this emergency. C-DAC Pune has offered supercomputing for gene sequencing of the virus, this we have passed on to ICMR (Indian Council for Medical Research),” a senior government official told ET, adding that the next step was working on the data.
The 15-nation powerful organ of the UN, chaired by Council President, China's Ambassador to the UN Zhang Jun, met via video-conferencing on Monday. For the first time, it adopted resolutions without the UNSC members being present in the Council chamber at the UN headquarters and voting or casting a veto by raising their hands.
U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer.
The U.S. Transportation Department on Tuesday proposed that passenger airlines should be required to maintain minimum numbers of flights as a condition for receiving aid from the government's $50 billion grant and loan fund.
The U.S. Commerce Department said on Tuesday it had launched trade investigations into imports of common alloy aluminium sheet from 18 countries, including Germany, Oman and Bahrain.
New York City Mayor Bill de Blasio said on Tuesday he had ordered the city's human rights commission to open an investigation into the dismissal of a worker at an Amazon.com warehouse who participated in a walkout.
President Donald Trump's administration on Tuesday completed a rollback of U.S. vehicle emissions standards adopted under his predecessor Barack Obama and will require 1.5% annual increases in efficiency through 2026 - far weaker than the 5% increases in the discarded rules.
The airline's Chairman and Managing Director, Ajay Singh, has also opted for a 30% cut in his March salary
S&P 500 suffering its deepest quarterly drop since the financial crisis
Britain's top banks said on Tuesday they would suspend dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses from the economic fallout from the coronavirus.
As per the notification, the validity of various import-linked export schemes such as Duty Free Import Authorisation (DFIA) and Export Promotion Capital Goods (EPCG) have been extended by one year. Under EPCG, exporters can import certain amount of capital goods at zero duty for upgrading technology related with exports while DFIA allows them to import certain goods like sugar at zero duty.
Thieves broke into the Singer Laren museum (a small museum east of Amsterdam) in the middle of the night (around 3:15 am), smashed a glass door at the entrance and made off with the painting before the police arrived.
“We have quarantined them because as a group they have met frequently and there is a chance of spread,” Additional Chief Secretary (Health) Jawaid Akhtar said . He said that even those who have participated in the congregation have claimed to have completed their isolation period of 14 days. “We are still keeping them under observation and doing medical check-up,” he added.
There might seem to be many options, but effectively there is only one. That is what India is looking at right now.
The empowered group on supplies and logistics, headed by Ministry of Drinking Water and Sanitation secretary Parameswaran Iyer, and the logistics committee set up last week are looking at options centred on the daily-wagers.
The SG blamed the exodus on fake news which had triggered the panic seeking court intervention to deal with the menace. He said that the migrants on the roads were only a fraction of the huge population that migrates to cities in search of work.