Understanding COVID-19 impact on the telecommunications sector

Understanding

The overall outlook, globally as well as in India, telecom sector to be one of the few that may escape unscathed from the pandemic and the resultant lockdown. As the global economy continues through impact of the COVID-19 outbreak, the telecom sector being the invisible hand driving with this shift. Remote working, video conferencing, and telecommunications technology have quickly emerged as key enablers for business operations during this lockdown. Several experts now believe that unlike the manufacturing and other sectors that have come to a near standstill, the telecom industry…

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Influence of COVID-19 on the Pharmaceutical Market

Influence

COVID-19 pandemic affecting industries across the globe. The coronavirus outbreak has started to hit India’s pharmaceutical sector by raising the prices of key ingredients. COVID-19 is a very dynamic situation. We believe there would be indirect effects on the continuity of supply of medicines due to lockouts, manpower supply, raw materials supply issue, stoppage of transportation, etc. Moreover, in a time of economic regression and global health fears due to Covid-19, the reputations of pharmaceutical companies are on the line and their impact on the fight against the virus will…

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COVID-19: Consequences on Information sector

Consequences

IT companies are heavily dependent on manpower and are not able to operate due to restriction in movement of people arising from lockdown and quarantine issues. Consequently, they are not able to complete or deliver the existing projects in time and are also declining new projects. During the COVID-19 pandemic, technologies are playing a crucial role in keeping our society functional in a time of lockdowns and quarantines. Digital payments enable people to make online purchases and payments of goods, services and even utility payments, as well as to receive…

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