SaaSBOOMi, a community for software as a service (SaaS) companies in India, announced that it has launched an initiative to help startups raise unsecured working capital loans to better weather the economic downturn caused by the Covid-19 pandemic. For this initiative, SaaSBOOMi has partnered with Indifi, an NBFC that supports small businesses, to help entrepreneurs…
Maruti Suzuki India Limited (MSIL) announced that the company has entered into an arrangement with AgVa Healthcare, an existing approved manufacturer of ventilators, to scale up production of ventilators. The company has plans to reach a volume of 10,000 units of ventilators per month. The company said in its release that MSIL would use its…
The coronavirus pandemic has forced businesses and organisations to close campuses and halt all operations. It all started with the first phase of lockdown when Prime Minister Modi had asked for the cooperation of citizens to combat the virus. But due to the increase in cases and as a measure to prevent community transmission, the…
The coronavirus pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight against the pandemic. Cipla Limited has announced an Rs 25 crore fund to support the Indian Government’s efforts to effectively combat…
Hyundai Motor India has announced that the company has entered into a partnership with French company Air Liquide Medical Systems (ALMS) for the production and supply of ventilators in Tamil Nadu and other states. France-based ALMS is present in India through a subsidiary which is based out of Chennai. Through the partnership, both companies are…
As the coronavirus pandemic continues to impact the lives of many people around the world in numerous ways, businesses that have seen their sales funnels and cash flows depleting are taking strong measures to ensure the survival and continuity of business. Shop101, a Mumbai-headquartered social commerce company has asked nearly 40% of its 450 employees…
TCS, India’s largest software exporter, has said that it will not retrench any of its nearly 4.5 lakh employees, but has decided not to give any salary hikes this year, according to a report. The Tata group company has commented on new hires that it will keep 40,000 people who have been given offers on…
The pandemic and the concern related to the extent of damage it can cause had brought in a good degree of participation form major corporations, philanthropists, and business leaders to support the fight against the pandemic. IndusInd Bank has announced its contribution towards relief efforts that are taking place in the country so that the…
Vakrangee announced that the company has launched the mobile van in MMR region which is fully equipped to provide the key Essential services to the citizens, the company said in its press release. “Mobile Van facility will operate between 10.00 am to 8.00 pm daily including Sunday and will also maintain complete safety protocols, proper…
BMW Group India has pledged Rs3 crore in the ongoing battle against COVID-19 pandemic. Associations with government and non-government organisations have been initiated for on-ground implementation in Delhi NCR and Chennai. Employees of BMW Group India, BMW Group Plant Chennai and BMW India Financial Services voluntarily contributed towards the cause. Rudratej Singh, President and Chief…
As part of its ongoing initiatives towards the COVID-19 relief efforts, Hero MotoCorp, the largest manufacturer of motorcycles and scooters, announced that the company will be donating 60 first-responder mobile ambulances to authorities. “These unique and utilitarian mobile ambulances will be useful for reaching out to patients in rural and remote areas and comfortably moving…
As India steps up to fight coronavirus, Bisler has introduced the Bisleri@Doorstep initiative in its commitment to fulfil the increasing demand for safe and healthy mineral water. Speaking on this initiative, Anjana Ghosh, Director of Marketing and Business Development at Bisleri International Pvt Ltd. said, “In testing times like these when most of us are…
Healthcare officials and workers involved at various levels are the ones fighting this battle at the forefront against the coronavirus pandemic. The exposure health workers are facing with every passing day is making them more prone to get afflicted from the virus, but despite risks involved they are continuously present in the arena to take…
Coronavirus pandemic has put the entire planet under lockdown leading to shutdown of operations across industries. The shutdown has left hundreds and thousands of daily wage workers or temporary/contractual workers unemployed in these times. They are the ones who are struggling to make ends meet. In order to help them sustain under lockdown, Sony Pictures…
As the coronavirus pandemic continues to impact the lives of many people around the world in numerous ways, businesses that have seen their sales funnels and cash flows depleting are taking to strong measures to ensure that the survival and continuity of business. A good number of businesses directly or indirectly impacted are having to…