India, May 21 -- For Punit Renjen, the Indian-American chief executive officer (CEO) of the accounting giant, Deloitte, it is personal. Almost six per cent of his company's 50,000 employees in India have been infected by Covid-19 at one time or the other, and some of them, tragically, did not make it. His own family has been hit. His 81-year-old mother was infected in mid-April. She has since recovered.

Deloitte is among 55 major companies that have stepped up in the United States (US) to help India during the ongoing second wave of the Covid-19 pandemic. US corporates have altogether pledged or already sent $400 million aid in cash or kind, in addition to the $100 million worth of assistance by the Joe Biden administration. Deloitte sen...