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Giorgio Armani And 17 Other Italian Billionaires Donate More Than $28 Million To Fight Coronavirus In Italy

vembuv

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Giorgio Armani And 17 Other Italian Billionaires Donate More Than $28 Million To Fight Coronavirus In Italy

Billionaires around the world are contributing to efforts to counter the COVID-19 pandemic and the damage it is dealing to the global economy, but Italy’s wealthiest have been focusing on the battle at home. Confirmed cases rose to 41,035 on Thursday as the country’s death toll surpassed China’s to reach 3,405, and the benchmark FTSE MIB stock index has plunged by nearly 26% since Prime Minister Giuseppe Conte announced a nationwide lockdown on March 9.

Some of Italy’s top export industries, including luxury fashion and manufacturing, are taking a sharp hit as residents stay indoors for a second week — but industry leaders aren’t backing down from the fight. Fashion legend Giorgio Armani donated about $1.4 million to hospitals in Milan and Rome, as well as to the Italian civil protection agency, which is coordinating the country’s response to the outbreak. Pharmaceutical giant Menarini, owned by billionaire Massimiliana Landini Aleotti and her family, converted part of its factory in Florence to produce disinfectant gel for hospitals. Altogether, Italy’s billionaires have given more than $28 million in donations to hospitals, healthcare facilities and government agencies since the crisis began in February.

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vembuv

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Any news about Indian Billionaires contribution to fight coronavirus.

It is reported that India has nearly 138 Billionaires……. which includes Bollywood superstars, Industrialists, celebrities, Business Entrepreneurs, etc

What about their contribution towards the follow countrymen especially in times of crisis. And what for they are waiting...?

Hope Indian billionaires will be inspired by this!


Billionaires and multinationals donate to fight coronavirus

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As confirmed cases of coronavirus increase around the globe, billionaires and multinational corporations around the world are deploying their dollars to help health authorities combat the disease.

Why it matters: Investors and businesses fear that the virus if not contained could wreak havoc on the global economy by cutting into China's 2020 growth, Axios' Dion Rabouin and Joann Muller report.

  • Economists have estimated that the outbreak could drag China's growth rate down 2% this quarter, which would result in $62 billion lost in growth, CNN reports.
Billionaires
  • The Bill and Melinda Gates Foundation pledged to give $100 million to help "strengthen detection, isolation and treatment efforts; protect at-risk populations; and develop vaccines, treatments and diagnostics."
  • Jack Ma, the founder of Alibaba and China's richest man, will commit $14.4 million through his foundation, designating $5.8 million for two Chinese government research organizations working on a vaccine.
Multinationals
  • Alibaba created a $144 million fund to buy medical supplies for Wuhan and Hubei province, the epicenter of the virus outbreak, and it's offering AI computing power to research organizations searching for a vaccine or treatments.
  • Tencent, another Chinese giant, founded a $42.7 million fund for medical supplies for Wuhan.
  • Microsoft will contribute $142,400 to support relief efforts in Wuhan and Hubei province, according to the Financial Times.
  • Cargill, a Minnesota-based agriculture company, and Dell will both donate $284,800 to the Chinese Red Cross.
  • Boeing will give 250,000 face masks to aid workers and medical personnel in Wuhan and Zhoushan.
The big picture: Though vaccine research started just hours after Chinese officials identified the new strain of coronavirus, it may be months or even a year before the public can access a vaccine, according to the New York Times

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vembuv

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Gone are the days when India was expecting aids from other countries……

We have a joker in this Forum who opened a thread under caption ‘War with China is imminent’. Perhaps he would have consumed overdose of tequila and dreamt a furious war. LOL


First batch of medical supplies ready to be sent to China


The external affairs ministry is working in tandem with the ministry of health and family welfare and the Department of Pharmaceuticals (DoP) to ensure that medical supplies are dispatched to China this week. Medical supplies such as gloves, surgical masks and disposable masks (2ply and 3ply) etc will be sent to China this week.


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Movie producer Manish Mundra pledges Rs 3 crores to secure 70 ventilators amidst the Wuhan coronavirus outbreak

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“We will start looking to identify the hospitals. Will need help on that too. This is to be done in war-footing. Cities in my mind for setting up these ventilators are Bangalore/Cochin/ Jaipur/ Mumbai/ Jodhpur/ Deoghar,” Mundra tweeted.

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In Just 2 Weeks, Mukesh Ambani’s Reliance Ltd Sets Up India’s First Dedicated COVID-19 Hospital With 100-Bed Capacity

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Reliance Industries Ltd (RIL) on Monday announced it has set up India's first dedicated COVID-19 hospital with 100-bed capacity in a short span of just two weeks. Sir H.N. Reliance Foundation Hospital in collaboration with the Brihanmumbai Municipal Corporation (BMC) has set up the COVID-19 facility at Seven Hills Hospital in Mumbai, the company said in a statement.

Funded by Reliance Foundation, the COVID-19 facility includes a negative pressure room that helps in preventing cross contamination and helps control infection.

All beds are equipped with the required infrastructure, bio-medical equipments such as ventilators, pacemakers, dialysis machine and patient monitoring devices.

The foundation has also offered to set up special medical facilities to quarantine travellers from notified countries and suspected cases through contact tracing to quickly augment additional facilities for isolation and treatment of infected patients.

RIL has also built a fully-equipped isolation facility in Lodhivali, Maharashtra.

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vembuv

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Nice gesture ...needs to be appreciated.

Gautam Gambhir pledges Rs 50 lakh for COVID-19 treatment equipment

NEW DELHI: Cricketer-turned politician Gautam Gambhir on Monday pledged Rs 50 lakh towards COVID-19 treatment equipment.

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தமிழ் திரையுலகை பார்த்து 'பாலிவுட்' உதவி தொகை அறிவிப்பு

மும்பை: தமிழ் திரைப்பட துறையில், தினக்கூலி அடிப்படையில் பணியாற்றும் ஊழியர்களுக்கு, நடிகர்கள் ரஜினி, கமல் உட்பட பலர், உதவித் தொகை அறிவித்துள்ளனர்.

தெலுங்கு நடிகர் பவன் கல்யாண், பிரதமர் நிவாரண நிதிக்கு, 1 கோடி ரூபாயும், ஆந்திரா மற்றும் தெலுங்கானா முதல்வர்கள் நிவாரண நிதிக்கு தலா, 50 லட்சம் ரூபாயும் அறிவித்துள்ளார். அவரை பின்பற்றி, தெலுங்கு நடிகர் ராம் சரணும், 70 லட்சம் ரூபாய் நன்கொடை வழங்கினார்.


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Stars who have donated to help with the coronavirus pandemic so far

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vembuv

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COVID-19: Bhushan Kumar, Sonam Kapoor pledge donations to PM, CM relief funds

"Today, we are all at a really crucial stage and it's extremely important to do all we can to help. I, along with my entire @TSeries family pledge to donate Rs 11 crores to the PM-CARES Fund. We can and will fight this together, Jai Hind," the producer tweeted.

 

vembuv

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RESPECT: Tata Group donates whopping Rs 500 Crore to Coronavirus Relief Fund


Ratan Tata, the industrialist and owner of Tata Group, Tata Sons, and Tata Trust have been in headlines for his amazing charitable work and noble deeds. Amid this Coronavirus Crisis, the group once again stood up for the nation and donated a massive amount of Rs 500 Crore for Coronavirus relief. He shared a picture on his Instagram giving details about where this fund can be used:



 

vembuv

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Vedanta chief Anil Agarwal joins Bill Gates, Jack Ma, others in pledging millions against Coronavirus

Metals and mining magnate Anil Agarwal has joined the small yet growing list of billionaires and deep-pocketed businesses globally pledging millions of dollars to fight against the carnage wreaked by the deadly Coronavirus that emanated from China’s Wuhan province late last year. Tweeting his pledge on Sunday, Vedanta Resources Founder and Chairman Agarwal said: “I am committing 100 cr towards fighting the Pandemic.” Agarwal added that “#DeshKiZarooratonKeLiye is a pledge that we undertook & this is the time when our country needs us the most. Many people are facing uncertainty & I’m specially concerned about the daily wage earners, we will do our bit to help.”

 

vembuv

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Infosys Foundation joins Narayana Health to open 100-bed quarantine facility in B’luru

The facility, aimed at serving patients belonging to the economically weaker sections of the society, will provide essential medication, free of cost.

Infosys Foundation, the philanthropic and CSR arm of Infosys and Narayana Health, one of the largest healthcare providers in the country, have announced the launch of a 100-bed quarantine facility for COVID-19 patients, in the vicinity of Narayana Health City in Bengaluru. The facility, aimed at serving patients belonging to the economically weaker sections of the society, will accommodate patients, offer regular monitoring by doctors, nurses, and provide essential medication, free of cost.

The patients in the isolation facility will be treated and monitored by the doctors and nurses of Narayana Health City. This partnership is another step in the Foundation’s efforts to expand hospital and quarantine facilities and ensure proper medical treatment for patients belonging to the economically weaker sections of the society. Earlier this week, Infosys Foundation announced its commitment of Rs 100 crore to help the government with COVID-19 relief efforts.

 

vembuv

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The War Against Coronavirus: Adani, NRN, Mahindra & Other Top Bosses Show The Way
 
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