Razorpay, the leading full stack financial solutions company, announced that they will continue to hire for critical roles across Product and Engineering teams. The company said that it is hiring for over 50 critical positions across functions like Backend, Frontend, Data Sciences and Product Management to meet the increasing demand and enable seamless online transactions…
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of $500 million to support India’s efforts to prevent, detect and respond to the threat posed by COVID-19 by strengthening the preparedness of the country’s national health system. The project is funded by AIIB’s COVID-19 Crisis Recovery Facility created to adapt to…
In the current scenario of lockdown announced by the Government to control the spread of COVID-19 pandemic and other disruptions, the employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar based e-sign on EPFO portal. Many important tasks like KYC attestation, transfer claim attestation, etc., are…
Sustaining its commitment of contributing towards the well‐being of healthcare workers during the COVID‐19 pandemic, PNB Housing Finance Limited announced that it has signed a Memorandum of Understanding (MoU) with IIT Delhi. The initiative will support critical research and development (R&D) of a unique prototype material to be used in manufacturing sustainable (washable and reusable) PPE…
Maruti Suzuki India Limited, one of the largest automobile manufacturers in India, announced that it has put in place a comprehensive standard operating procedure (SoP) for its dealerships across the country. The company said that the SoP will ensure the highest level of hygiene and sanitization across all its showrooms for the safety of its…
Hyundai Motor India Ltd., country’s first Smart Mobility Solutions Provider and the largest exporter since inception, has set ‘customer and employee safety’ as ‘top priority’ with the announcement of a comprehensive list of measures, aimed at ensuring ‘dealership preparedness’ to meet the highest levels of sanitation and hygiene across all its showrooms and workshops. Commenting…
Bounce, India’s dockless shared mobility player, announced that it has been working with the Bengaluru Railway Division to provide its COVID warriors with commute options to reach work in time during lockdown. “Under the ScooterHero initiative, over 1000 idle two-wheelers have been registered on the Bounce platform and they will be deployed free of charge…
Asian Paints, India’s leading paint company has announced its foray into the hand sanitizer category with the launch of the Viroprotek range of Hand and Surface Sanitizers. “Asian Paints has entered into this category to support the Government in its various measures towards COVID-19 relief and address the huge need of hand and surface sanitization…
YourNest Venture Capital, a focused ‘Pre-Series A’ fund house that invests in technology-led, enterprise-driven (B2B) and DeepTech (IoT, SaaS) start-ups, announced that it has launched SOAR, a fast-track funding programme focused on early-stage technology startups, particularly those operating in the deep tech domain. “SOAR is the fast-track funding initiative from YourNest Venture Capital that will…
As the number of pandemic cases are on the rise, the frontline health workers need more PPEs and other necessary stationery to deal with the crisis. In order to have sufficient PPEs and other stationery materials, IIT-M supported startups have developed Personal Protective Equipment (PPE) such as face shields and intubation boxes from 3D Printers…
Reliance Industries has announced that the company will reduce the salaries of its employees by 10%. The reduction will be for the employees in the oil and gas division, an internal memo said. “The COVID-19 pandemic has posed unprecedented challenges for India and the world. All societies, industries and businesses are impacted and Reliance is…
Morepen Laboratories Ltd. has received the ISO-13485 certification from BSI (British Standards Institution, U.K.) for its State of-the-art medical devices manufacturing facility at Baddi (Himachal Pradesh). The certification has been awarded for the manufacturing, distribution and after sales service of all point-of-care diagnostic medical devices and their accessories manufactured at the company’s facility in Baddi.…
Hester Biosciences Limited, a Gujarat-based pharmaceutical company has announced that it has entered into a collaboration with Indian Institute of Technology Guwahati to work on the vaccine development against COVID-19. The agreement between the two parties was signed on 15th April 2020. “The vaccine will be based on recombinant avian paramyxovirus based vector platform. The…
Employees’ Provident Fund Organization (EPFO) announced that it has settled a total of 12.91 lakh claims, including 7.40 lakh COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. This also involves a disbursal of Rs 4684.52 crores which includes Rs 2367.65 crores COVID-19 claims under PMGKY package. “It is heartening to note that the…
As the need to step up relief efforts during the COVID-19 pandemic continues, Coca-Cola India has committed an initial support of Rs 100 crores towards helping the healthcare system and communities to combat the crisis and contain the spread of the pandemic. “The relief programs initiated by Coca-Cola in India aims at benefitting and positively…