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Wells Fargo Responds to India COVID-19 Crisis


Wells Fargo Responds to India COVID-19 Crisis
Wells Fargo Responds to India COVID-19 Crisis
Company grants $3 million for health care and emergency response
Thursday, May 6, 2021 - 1:00pm
SAN FRANCISCO, May 6, 2021 /3BL Media/ -  As part of its response to the ongoing COVID-19-related humanitarian crisis in India, Wells Fargo & Company (NYSE: WFC) is committing more than $3 million through nongovernmental organizations to increase hospital capacity, supply oxygen concentrators and critical medical equipment, provide emergency transportation, and support health care workers. Wells Fargo has several offices in India, and the company has taken steps throughout the pandemic to help ensure the health and safety of its employees in India and globally through remote work and enhanced benefits. ....

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More companies come forward to help India fight Covid


More companies come forward to help India fight Covid
​ By
IANS
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More companies come forward to help India fight Covid Image Source: IANS News
Bengaluru: Volunteers distributed free food for poor people at KR Market during the Coronavirus Pandemic, in Bengaluru on Saturday 1st May 2021.(Photo: Dhananjay Yadav/IANS) Image Source: IANS News
New Delhi, May 5 : US home improvement retailer Lowe on Wednesday pledged to donate Rs 40 crore to support India in its second and more lethal wave of Coronavirus pandemic.
The funds will support the procurement of medical equipment, oxygen concentrators and cylinders, oxygen generation plants and vaccination drives for the underserved. ....

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Global finance majors rush with Covid aid; Citibank to donate Rs 200 crore


With India continuing to reel under the second wave of COVID-19 infections, multinational financiers pitched in with relief efforts on Wednesday, led by a Rs 200 crore commitment by Citibank.
The relief efforts of the financial sector multinationals a majority of whom depend on Indian personnel to handle back-office work for their global operations were focused on providing immediate medical relief to ease the pressure on oxygen availability and healthcare infrastructure.
Other financiers which offered support included Citi s peer from the US Wells Fargo (USD 3 million), Swiss bank UBS (USD 1.5 million) and alternate investment manager Apollo Global Management (USD 1 million). ....

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