Tag: Covid-19 relief

LimeRoad to support COVID-affected Employees with relief measures

LimeRoad, an independent fashion platform, has announced a slew of relief measures for employees affected with COVID during India’s second wave of infections that peaked in April this year. “LimeRoad employees can now avail two additional weeks of holidays/leaves for COVID over and above their regular annual leaves. The organization will provide financial assistance to…

Hyundai Motor India Foundation Announces Roll-out of COVID-19 Relief Measures on a War Footing

Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India, in continuation to its on-going COVID-19 relief programs, announced a series of initiatives to offer infrastructural assistance to most affected states of Maharashtra, Delhi, Haryana, Telangana and Tamil Nadu. Commenting on the relief measures, S S Kim, MD & CEO, Hyundai Motor India…

Hero Motocorp steps up its Covid-19 relief initiatives

In keeping with its commitment towards the COVID-19 relief efforts, Hero MotoCorp Ltd, the world’s largest manufacturer of motorcycles and scooters, has rapidly expanded its initiatives across the country.  Under the Company’s Corporate Social Responsibility (CSR) platform “Hero WeCare”, Hero MotoCorp has partnered with the Ramakrishna Mission Sevashrama, Kankhal (RMSK) at Haridwar in Uttarakhand for…

Glenmark Pharma becomes the first in India to receive regulatory approval for oral antiviral Favipiravir

Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, announced the launch of antiviral drug Favipiravir (brand name FabiFlu) for the treatment of mild to moderate COVID-19 patients.  Glenmark has received manufacturing and marketing approval from India’s drug regulator, making FabiFlu the first oral Favipiravir-approved medication in India for the treatment of COVID-19, the company said.…

Coca-Cola and United Way Mumbai partner to provide PPE and Hygiene Aid Kits to the frontline warriors

Coca-Cola India announced that it has partnered with United Way Mumbai to augment healthcare initiatives in 48 public hospitals across eight states in the country.  The partnership has also committed to serve 65000+ public service personnel such as sanitation workers, police staff and community health workers across the nation. This initiative is a part of…

AIIB approves $500 mn to support India’s response to COVID-19

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…

UP government exempts businesses from almost all labour laws for 3 years

Laws related to industrial disputes, occupational safety, health and working conditions of workers, laws related to trade unions, contract and migrant workers may stay suspended for 3 years.Uttar Pradesh government has approved an ordinance that exempts businesses from from almost all labour laws. The overall economy has been badly hit considering the Covid-19 pandemic, and…

Zoho ramps up global assistance efforts with new Vertical Relief Plan

Zoho Corporation, a global technology company, recently announced that is introducing its Vertical Relief Plan (VRP) comprised of programs and tools to assist businesses and organizations in need across three verticals severely impacted by the crisis: Education, Non-Profit & Government, and Retail. “We are so grateful to all the workers who are helping us weather…

Mary Kay Inc contributes nearly $10 mn towards global COVID-19 support

In an effort to help slow the spread of the COVID-19 pandemic and support frontline workers, Mary Kay Inc. announced that it has contributed nearly $10 million in monetary donations, product donations, and distribution support in the countries where it operates and communities in critical need around the world. “The wide-ranging impact of this pandemic…

Indus Towers pledges support towards Covid-19 relief

Indus Towers, India’s independently managed company offering passive telecom infrastructure to all telecom operators, announced that it has contributed Rs 35 crore to the PM Cares Fund in order to support the country’s fight against COVID-19.  “Indus Towers’ teams on the frontline are playing a crucial role in enabling essential services of keeping India and…

Cipla pledges support in battle against Covid-19

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…

Jaguar Land Rover reports sharp decline in sales due to pandemic

Jaguar Land Rover, a subsidiary of Tata Motors has announced a sharp decline in its retail sales in the fiscal 2019/20 by 12.1% in comparison to fiscal 2018/19, primarily as a result of the coronavirus pandemic that has significantly impacted sales in the fourth quarter of the fiscal year. “The total retail sales for the…