Category: Sectors

  • Jubilant Life Sciences presents 1,000 vials of Remdesivir to UP CM

    Jubilant Life Sciences presents 1,000 vials of Remdesivir to UP CM

    Drug firm Jubilant Life Sciences today presented 1,000 vials of antiviral drug Remdesivir that it sells under the brand name ‘JUBI-R’ to Uttar Pradesh Chief Minister Yogi Adityanath. The drug is being made available to over 1,000 hospitals

    Drug firm Jubilant Life Sciences today presented 1,000 vials of antiviral drug Remdesivir that it sells under the brand name ‘JUBI-R’ to Uttar Pradesh Chief Minister Yogi Adityanath.

    The drug is being made available to over 1,000 hospitals providing COVID-19 treatment in India through the company’s distribution network, Jubilant Life Sciences said in a statement.

    “Remdesivir is an effective medicine in the treatment of severe COVID-19 cases. In this critical situation, I am pleased that this medicine was made available by Jubilant in the quick time of two and a half months,” the company quoted the CM as saying.

    “It gives us immense pleasure and satisfaction to present ?JUBI-R’, the life-saving medicine, to Chief Minister of Uttar Pradesh Yogi Adityanath,” Jubilant Life Sciences Chairman Shyam S Bhartia said.

    The company is donating 1000 vials of JUBI-R through its CSR arm, the Jubilant Bhartia Foundation, he added.

    In May 2020, Jubilant entered into a non-exclusive licensing agreement with Gilead Sciences, Inc., that granted it the right to register, manufacture and sell Gilead’s investigational drug remdesivir in 127 countries including India, the company said.

  • ICICI Lombard donates 7,000 raincoats, 15,000 face masks to traffic police in & around Mumbai

    ICICI Lombard donates 7,000 raincoats, 15,000 face masks to traffic police in & around Mumbai

    As Mumbai experiences heavy rainfall amid COVID-19 pandemic, private sector insurer ICICI Lombard General Insurance today said it distributed 7,000 raincoats and 15,000 face masks to traffic police officials in the financial capital

    As Mumbai experiences heavy rainfall amid COVID-19 pandemic, private sector insurer ICICI Lombard General Insurance today said it distributed 7,000 raincoats and 15,000 face masks to traffic police officials in the financial capital, Navi Mumbai, and Thane.

    The company, in a statement, said it has distributed N95 masks which are washable and reusable, while the raincoats are made of 100 percent pure polyester fabric and are fully sealed, waterproof and moisture resistant for complete protection from the rains.

    Speaking on the initiative, ICICI Lombard Executive Director Sanjeev Mantri said the traffice police personnel are braving unpredictable city rains amid the Covid-19 pandemic to ensure smooth traffic flow. It is they who ensure round the clock road safety and make sure that the city keeps moving.

    Considering the need to protect these ‘Guardians of Road Safety’, he said, “We have come forward and distributed raincoats and masks to the traffic police personnel. This initiative is a natural extension to our commitment to road safety. It is our small token of gratitude for their relentless contribution and a salute to their spirit.”

    Maharasthra Police Joint Commissioner (Traffic) Madhukar Pande expressed gratitude towards ICICI Lombard for providing Mumbai Traffic Police 5,000 rainwear and 10,000 N95 masks.

    ICICI Lombard through its flagship CSR Campaign “Ride to Safety” works towards the safety and well-being of people on 2 wheelers. It focuses on children as pillion riders and provides them specially designed ISI marked helmets. In the recent years, it has expanded the scope to distribute helmets among parents as well, to provide protection to the entire family and encourage helmet usage.

  • Eaton India taking care of safety kits of local police in several cities

    Eaton India taking care of safety kits of local police in several cities

    Eaton India Foundation, the CSR arm of global power management company Eaton, today said it is closely working with the local police in several cities and taking care of their safety and hygiene kits. The Foundation, in a statement

    Eaton India Foundation, the CSR arm of global power management company Eaton, today said it is closely working with the local police in several cities and taking care of their safety and hygiene kits.

    The Foundation, in a statement, said it is also providing frontline workers with healthcare and safety equipment, migrants and daily wagers with essentials like meals and ration kits amongst other causes.

    That apart, Eaton’s employees have also been working with the foundation’s existing education projects to take the content online, minimizing disruption in school education for the disadvantaged.

    The relief work is being done in Pune, Puducherry, Coimbatore, Ranjangaon, Ahmednagar, Nashik, Bangalore, Delhi, Chennai and Mumbai with plans to reach out to more areas soon.

    Commenting on the relief work, Eaton India HR Director Ashish Kapoor said amidst the uncertainty, Eaton has taken adequate precautions to ensure our employees’ safety and well-being both on location and in remote work environments.

    “However, we are well aware of the Covid-19 warriors amongst us who face high risks daily to keep us healthy and our cities safe and clean. We have also witnessed the plight of the vulnerable communities who have been impacted the most in this challenging phase,” he said.

    It is a time when everyone need to stand and support a section of the society which needs assistance. “Through our little contribution, we hope to have brought respite to some,” he added.

    Eaton’s CSR programs in India began when the company started operations in Pune in 1999. For more than two decades, Eaton has been leading various CSR and community initiatives in the country – in education, health and environment.

    In 2015, Eaton India Foundation – a public charitable trust, was established to further streamline and broad-base Eaton’s community efforts in India.

    Currently the Foundation serves communities in all major Eaton locations in India, impacting more than 17,000 school and college students, more than 400 plus destitute, 1200 families and cumulative volunteer support from 1900 plus Eaton volunteers.

  • FACT gives auditorium for converting it into 100-bed COVID hospital in Kerala

    FACT gives auditorium for converting it into 100-bed COVID hospital in Kerala

    State-owned Fertilizers And Chemicals Travancore Limited (FACT) has given its main auditorium to the Kerala government for converting it into a 100-bed COVID hospital. The auditorium ‘M K K Nayar Hall’ has been allotted

    State-owned Fertilizers And Chemicals Travancore Limited (FACT) has given its main auditorium to the Kerala government for converting it into a 100-bed COVID hospital.

    The auditorium ‘M K K Nayar Hall’ has been allotted for setting up a Covid First-Line Treatment Center (CFLTC) by Eloor Municipality to accommodate 100 beds, the Fertilizer Ministry said in a statement.

    FACT has also supplied required cots, beds, mattresses, etc. for this purpose, it said.

    The company’s Chairman and Managing Director Kishor Rungta handed over the material to Eloor municipality chairperson C P Usha.

    The company is supporting the Kerala government in its fight against COVID-19 as part of its CSR initiative.

  • Greta Thunberg to donate prize money 1 million euro for flood relief work in India & B’desh

    Greta Thunberg to donate prize money 1 million euro for flood relief work in India & B’desh

    Swedish climate activist Greta Thunberg has decided donate prize money of 1 million euro (approximately Rs 8.76 crore) for flood relief efforts in India and Bangladesh. Greta was awarded 1 million euro for winning the Gulbenkian Prize

    Swedish climate activist Greta Thunberg has decided donate prize money of 1 million euro (approximately Rs 8.76 crore) for flood relief efforts in India and Bangladesh.

    Greta was awarded 1 million euro for winning the Gulbenkian Prize for Humanity, announced last on July 20.

    In a statement, the Greta Thunberg Foundation said it will donate the full sum to charitable projects combatting the climate and ecological crisis and supporting people facing its worst impacts, particularly in the Global South.

    The donations will go to 3 NGOs in desperate need of funds for flood relief work in India and Bangladesh, it said.

    About 50,000 euros will be donated to ActionAid India and Bangladesh, working in both countries to provide emergency relief, as well as long term rebuilding.

    Goonj, which provides clothes, food, medicines, and other essential items to affected areas in India, will be given 25,000 euro donation.

    The third NGO BRAC will also get 25,000 euros donation. It is working on the ground in Bangladesh to provide critical relief for impacted families, including dry food, temporary shelter and health services.

    The money will go to organisations providing direct relief to people suffering from the humanitarian crisis caused by ongoing extreme monsoon flooding in both countries, currently affecting over 9.6 million people in the region.

    In India, more than 6.8 million people have been affected by recent severe monsoon floods. The north eastern states of Assam and Bihar are particularly badly affected, with 113 deaths recorded since this year’s monsoon season began.

    Meanwhile, close to one third of Bangladesh is already suffering flooding, with 2.8 million people affected. Although floods occur annually in these areas, the climate crisis is increasing their frequency and intensity, with current flooding among the worst in years.

    This flooding has also come during a period of overlapping crises facing communities in India and Bangladesh. In May, Cyclone Amphan destroyed crops, infrastructure and more than 2,60,000 homes in both countries, while a Covid-19 lockdown has contributed to over a third of Bangladesh’s population dropping under the poverty line.

    “The climate crisis is urgent, and people, particularly in the Global South, are suffering devastating impacts already today. Millions of people in South Asia have been severely affected by recent flooding, at a time when many had already lost so much from Covid-19 and Cyclone Amphan,” 17-year old Greta Thunberg said.

    “I am incredibly privileged to be in a position to be able to donate such sums of money through my foundation, and we are supporting these organisations to make sure it reaches communities affected by the flooding as soon as possible. If you are able, please consider donating to the relief effort,” she added.

    ActionAid India Executive Director Sandeep Chachra said that monsoon flooding in the Indian states of Assam and Bihar is increasingly catastrophic, year on year. It is making living conditions for vulnerable communities in these regions ever more precarious.

    “This year the floods are a part of a double whammy, on top of the Covid-19 pandemic and accompanying lockdown. Emergency responses need to be linked with long term development work aimed at advancing social and ecological justice, in an effort that prioritises the leadership of communities most affected,” he said.

    Goonj Founder and Director Anshu Gupta said right now, floods in parts of India have heaped more misery onto the lives of millions of people already struggling with the impact of Covid-19.

    “In our two decades of disaster response work, we have been highlighting monsoon floods as an ignored disaster that are becoming more intense and frequent. In this difficult time we must all work closely with the communities most affected,” he added.

  • IDBI Bank’s CSR commitment brings computers to govt schools

    IDBI Bank’s CSR commitment brings computers to govt schools

    Despite not required to spend under CSR, private sector bank IDBI Bank had donated used computers to government and municipal schools for the benefit of students in the 2019-20 fiscal. According to the Companies Act, 2013, the companies are required

    Despite not required to spend under CSR, private sector bank IDBI Bank had donated used computers to government and municipal schools for the benefit of students in the 2019-20 fiscal.

    According to the Companies Act, 2013, the companies are required to spend at least 2 percent of their average net profits made in the preceding three years on corporate social responsibility (CSR).

    In its 2019-20 annual report, IDBI Bank said there was no requirement for the bank to incur any spends under CSR for the 2019-20 fiscal because it had suffered a net loss in the preceding three years.

    However as a conscientious corporate citizen, the bank had donated used computers to government and municipal schools for the benefit of the students as a part of its CSR initiatives during the reporting year.

    Going forward, the bank should be able to do more CSR activities with improvement in its performance.

    For the first quarter of 2020-21 financial, the IDBI Bank today reported a standalone net profit of Rs 144.43 crore as against a net loss of Rs 3,800.84 crore in the year-ago.

  • IDFC FIRST Bank opens MBA scholarships for 2020-2022 batch

    IDFC FIRST Bank opens MBA scholarships for 2020-2022 batch

    IDFC FIRST Bank today announced the opening of its MBA Scholarship programme for the batch of 2020-2022, as part of its Corporate Social Responsibility (CSR). About 150 scholarships will be granted by the Bank this year. The application for scholarship

    IDFC FIRST Bank today announced the opening of its MBA Scholarship programme for the batch of 2020-2022, as part of its Corporate Social Responsibility (CSR).

    About 150 scholarships will be granted by the Bank this year. The application for scholarship can be accessed on https://www.idfcfirstbank.com/csr-new/mba-scholarship.html.

    The last date for applying for this scholarship is July 31, 2020, the bank said in a statement.

    The scholarship programme aims to financially support students from weaker social economic backgrounds, enabling them to pursue a management degree from a B-school of their choice.

    To qualify for the scholarship, the candidate needs to secure admission into a two-year full-time MBA programme and the family income has to be less than Rs 6 lakhs per annum.

    The initiative provides financial assistance to students so as to ease the burden of fees payable by them and to make admission to the best colleges and universities accessible to economically weaker students.

    IDFC FIRST Bank CSR Head Rachana Iyer said: “We believe expenses of MBA are rather high and even meritorious students often drop out from pursuing their careers because of financial difficulties.”

    Through this initiative, the bank wants to lend a shoulder with Rs 2 lakh per student for two years, to students from vulnerable communities, to pursue higher education and to attain a higher standard of living.

    The scholarship supports students from over 150 B-Schools all across India. Since the number of applications far exceed the number of scholarships, the Bank prioritises and ranks-orders the applications for scholarships based on criticality of need, which may involve factors such as family income, socio-economic background and other such criteria.

    The MBA Scholarship programme was instituted as a CSR initiative by erstwhile Capital First in 2016 and continued after the merger which resulted in the formation of IDFC FIRST Bank. So far, 530 students from both urban and rural India have benefitted from this programme.

    These students belong to diverse family backgrounds with parents being retired lower-income scale government employees, auto-rickshaw drivers, farmers and other such backgrounds.

    As an extension of this programme, IDFC FIRST Bank also provides scholarships to students pursuing higher education or teaching in the mental health space, students with autism, students enrolled in the Young India Fellowship programme of Ashoka university, and to youth from shelter homes and underprivileged backgrounds.

  • Godrej & Boyce, WWF India launch ‘Magical Mangroves’ campaign

    Godrej & Boyce, WWF India launch ‘Magical Mangroves’ campaign

    Consumer goods firm Godrej & Boyce along with WWF India today launched a nationwide campaign for conservation of mangroves. The campaign will span across eight states including Maharashtra, Goa, Gujarat, Andhra Pradesh, Tamil Nadu

    Consumer goods firm Godrej & Boyce along with WWF India today launched a nationwide campaign for conservation of mangroves.

    The campaign will span across eight states including Maharashtra, Goa, Gujarat, Andhra Pradesh, Tamil Nadu, Kerala, Odisha and West Bengal, the company said in a statement.

    The campaign aims to promote awareness on the importance of the mangroves ecosystems and invite citizens to become volunteers to help in promoting the same, it said.

    The volunteers will be engaged for a period of six months and will be part of webinars, film screenings, online quizzes, digital story-telling sessions among other activities.

    Over the last few decades, Godrej & Boyce said its Wetland Management Services team has been actively managing and conserving one of the largest mangroves in Mumbai at Vikhroli.

    Taking their efforts a notch higher, Godrej has officially joined hands with WWF India to further strengthen the conservation efforts and promote awareness at a much larger scale across the country, it said.

    WWF India has been working towards conserving wetlands across the country in the high altitudes, floodplains, urban centres and Ramsar sites for over two decades now.

    Talking about the initiative, Pheroza Godrej said, “This endeavor will combine our strengths further and effectively aid us in educating the community to make them understand how small steps taken by them, as individuals, in conserving the mangroves, will eventually contribute to environmental change on a much larger scale in the future.”

    WWF India CEO and Secretary General Ravi Singh said mangroves act as natural barriers of climate change, serve as nurseries and breeding grounds for a multitude of aquatic species. Their effect on controlling soil erosion is vital to shaping the topography of our coasts.

    “Recognizing the role of younger generations and concerned citizens as major stakeholders in nature conservation in India, this campaign aims at building knowledge about mangroves as essential yet fragile ecosystems and enables positive action for their preservation,” he said.

    The Wetland Management Services team at Godrej has been raising awareness about the mangroves ecosystem through several initiatives such as the launch of the one-of-a-kind Mangroves Mobile App available in 11 languages, a unique children’s story book published last year and poster exhibitions across educational institutes of Mumbai.

  • Finolex, Hinduja Foundation & MMF supporting flood-hit Assam people

    Finolex, Hinduja Foundation & MMF supporting flood-hit Assam people

    Hinduja Foundation, Finolex Industries, and ground partner Mukul Madhav Foundation (MMF) are together supporting flood-hit victims in Assam. MMF, a charitable trust, is contributing with its on-ground volunteers in addition to the help being

    Hinduja Foundation, Finolex Industries, and ground partner Mukul Madhav Foundation (MMF) are together supporting flood-hit victims in Assam.

    MMF, a charitable trust, is contributing with its on-ground volunteers in addition to the help being received from the Finolex dealers and representatives, a joint statement said.

    The relieve work has been carried out in eight heavily flood affected villages and aid has been provided in the form of dry grocery items.

    10,000 individuals have been supported in the districts of Morigaon and Barpeta in Assam through the funds provided by Hinduja Foundation and Finolex Industries, the statement said.

    Speaking about the activity, MMF Managing Trustee Ritu Prakash Chhabria said India has been hit by floods in Assam and two cyclones that devastated West Bengal, Maharashtra.

    “Both these organizations have been in the forefront to support those affected across geographies. It is heartening to see like-minded corporates and institutions collaborating for the betterment of our society,” she added.

  • KARAM Industries plants 3,000 trees in UPSIDC green belt area

    KARAM Industries plants 3,000 trees in UPSIDC green belt area

    Noida-based PPE manufacturing company KARAM Industries today planted 3,000 trees in the green belt area of Uttar Pradesh State Industrial Development Corporation (UPSIDC). The tree plantation drive was organised by the company

    Noida-based PPE manufacturing company KARAM Industries today planted 3,000 trees in the green belt area of Uttar Pradesh State Industrial Development Corporation (UPSIDC).

    The tree plantation drive was organised by the company’s CSR arm KOSHISH in collaboration with UPSIDC and Pollution Control Board (PCB), an official statement said.

    “The company successfully planted over 3,000 trees in the Green Belt area of the UPSIDC today,” it said.

    Speaking about the initiative, KARAM Group Chief Human Resources Officer Kavita Nigam said the company has taken yet another landmark step to address the acute challenges in afforestation and subsequent air pollution through the tree plantation drive.

    “We are looking forward to expanding the programme to cover different parts of the country in the near future,” she said.

    Planting trees has manifold benefits as they release oxygen into the air, maintain biodiversity, conserve water, preserve the soil besides controlling the climate and providing shelter for the fauna of the region.

    KOSHISH was established in 2014 for organizing various corporate social responsibility campaigns.