Bengaluru, 13th May 2020: Government of Karnataka’s Rural Development And Panchayat Raj Department (RDPR) has thanked Paytm for sending across masks for its workforce and has specially tweeted to appreciate this gesture. Paytm, India’s leading digital payments and financial services company has sent over 10,000 face masks to supports the frontline workers fighting COVID-19 in the state.
Paytm is in the process of sending out 4 lakh masks and 10 lakh hygiene products to the offices of the Government of India, Army, CRPF, Police, Hospitals, Municipal bodies, and District Magistrates. These authorities would distribute them to the personnel working in the frontline to help control the outspread. Apart from Karnataka Government, Bhubaneswar Municipal Corporation, CRPF Jammu, National Human Commission Assam, and Hyderabad Police have also tweeted from their official handles to thank Paytm for its efforts.
The company is aiming to deliver supplies to many other states including UP, Haryana, Maharashtra, Karnataka, Kerala, Andhra Pradesh, West Bengal, Goa, and Madhya Pradesh in the coming days.
Paytm has launched a host of initiatives to join the fight against novel coronavirus. It has revamped its app’s UI with ‘Stay at Home Essential Payments’. The new design has streamlined payments such as mobile & DTH recharge, electricity, water, gas, credit card, insurance premium among others which millions of Indians are now conveniently paying from their home.
When the government launched the PM-CARES fund, the company joined the noble cause by aiming to raise Rs. 500 crore with the support of its users. Also under ‘Feed My City’ initiative, Paytm is providing meals to daily wage earners in Mumbai, Bengaluru, Chennai, Hyderabad & Noida in association with KVN Foundation. The company is requesting fellow citizens to support these initiatives by donating through their Paytm app.
· Donates INR 50 lakh to the State Disaster Relief Fund to combat the pandemic
· Supports the local administration’s efforts to control disease spread
· Introduces safety measures at its Bangalore facility to ensure well-being of employees, vendors and contract staff
· Safeguards frontline healthcare workers with supply of protective gear and reaches out to impacted communities with essential items
Bangalore, India; May 13, 2020: Cipla Limited (BSE: 500087; NSE: CIPLA EQ; and hereafter referred to as “Cipla”), today announced a number of initiatives that it has undertaken to tackle the COVID-19 pandemic in Bangalore. This includes a donation of INR 50 lakh to the Chief Minister’s Disaster Relief Fund. The Company recently launched an INR 25 crore ‘Caring for Life’ COVID-19 dedicated Fund to further several immediate and long-term relief efforts that the country needs to combat the crisis.
In Bangalore, the company is working alongside the local administration to take the government’s COVID management efforts further. Cipla’s initiatives are primarily targetting the safety and wellbeing of its employees, vendors and contract staff, the frontline administration and healthcare workers as well as lesser-priveleged members of the community who have low access to basic necessities.
Caring for employees
Employees have been working at Cipla Bangalore to uphold the interest of patients. Cipla Bangalore has constituted a special COVID-19 taskforce to onboard the government prescribed norms for social distancing and infection control. . The Company is undertaking frequent sanitisation of the facility premises, employee transport vehicles and Goods carriers. All employees are provided with sanitizers, masks, hand gloves and safety goggles to ensure personal protection. Employees are required to submit a self-declaration form related to their health basis which entry to the Cipla premises is permitted. All self-declaration forms are duly verified daily by the Factory Medical Officer. Attendance is recorded via RFID Smart Cards to avoid surface contact. Daily screenings are conducted for every individual entering the factory premises and any symptomatic cases are escorted back home and requested to self-quarantine. Pregnant women, working mothers using crèche facilities and susceptible employees have been advised to avail leave or work from home. A mandatory 1-metre distance is being ensured amongst employees within the facility as well as during travel. In-person team meetings have been temporarily discontinued and replaced with video conferencing. Additionally, an extensive awareness campaign has been rolled out at the facility to destigmatise the disease and ensure that employees immediately report any symptoms or positive cases that they or their family members have come in contact with. Employees are being educated about the disease and necessary precautions by the Factory Medical Officer and Site leadership through the public announcement system. In addition to the safety protocols, the Company has also introduced other special measures. This includes the provision of free food to some contractual workers in the factory premises. Cipla has also facilitated a special COVID-19 medical insurance policy for the Contractual Workforce that covers self and family members (spouse and two children) with coverage of INR 25,000 per individual.
Caring for patients
Despite all challenges, Cipla Bangalore is ensuring business continuity so that manufacturing and distribution of essential medicines can continue for patients in these difficult times. Cipla has also launched a toll-free helpline to assist its patients in procuring essential medication across therapies from pharmacies and health-care institutions.
Caring for the frontline workers
Cipla has been working closely with the local authorities to identify their most pressing needs to provide requisite support. Towards this, it has been supplying sanitizers and personal protective equipment (PPE) to various stakeholders within the Government administration, healthcare ecosystem and local authorities. This includes the distribution of approximately 5,500 mask and sanitizers to COVID-19 fighters like the Police department, Health department and Hospitals.
Caring for the community
In furtherance of its responsibility to the community, Cipla is providing essential supplies, such as medicines, food packets, sanitizers, masks, and gloves to individuals living near the Company’s facilities. Cipla Foundation continues to partner with organizations on ground as well as with the local administration to support the daily requirements of the community. Over 1,200 kgs of rice have been distributed to support migrant workers. Additionally, the Foundation-supported Mobile Science Van project continues to extend virtual classes to students in remote communities to keep up their learning and interest in science education during COVID times
*Del Monte’s Heart Smart® with Reducol® is a 100 per cent mixed fruit juice that helps lower bad cholesterol (LDL); Priced at INR 70 and available in 240ml can format
* Del Monte also announced the launch of Del Monte A-C-E, 100 per cent mixed fruit juice with added Vitamins A,C & E that helps boost immunity; Priced at Rs. 70 and available in 240 ml can format
Bengaluru, 13th May 2020: Del Monte, the premium food brand, has forayed into the health and wellness space with the launch of India’s first cholesterol reducing fruit juice with Reducol®. Del Monte’s Heart Smart® — a 100% mixed fruit juice with Reducol®, is a natural plant-based ingredient that is clinically proven to reduce cholesterol in 8 weeks (when taken as a part of a balanced diet).
Del Monte also announced the launch of Del Monte’s ACE — a 100% mixed fruit juice fortified with Vitamins A-C-E and rich in anti-oxidants that help in boosting immunity. Del Monte’s Heart Smart and ACE will be available in 240 ml packaging and priced at INR 70. Initially, the juices will be available online on Amazon exclusively starting 11th May 2020. Subsequently, they will be available across all leading supermarkets on E-commerce portals across top cities including Delhi-NCR, Mumbai and Bengaluru. Both the products have a shelf life of 12 months.
“We have always given the highest priority to quality and healthy options while bringing new products to the market. We hope to create new benchmarks in this segment as our beverage with Reducol® will be India’s first Juice that helps lower cholesterol. India has a sizeable number of people suffering from cholesterol and heart ailments. We are focused on helping consumers improve their health through our products,” says Mr Yogesh Bellani, CEO FieldFresh Foods Pvt. Ltd (that manages the Del Monte brand in India). Reducol, the trademark ingredient of Del Monte’s Heart Smart® is a unique plant-based sterol blend, derived from coniferous trees that blocks the absorption of bad cholesterol into the digestive system and naturally flushes it out from the body without affecting the good cholesterol level.
The second product Del Monte ACE is loaded with the goodness of antioxidants. While Vitamin A enables normal functioning of the immune system, Vitamin C boost immunity and protects the body from infections and Vitamin E helps white blood cells to function effectively. Both the products have No Added sugar and preservatives which makes it an apt fit for today’s health conscious consumers.
“Del Monte ACE, which has been in under development for a while, is another relevant offering for consumers today given the heightened concerns around immunity stemming from the COVID19 pandemic. Our endeavour will be to expand this range of 100% fruit juice offerings keeping evolving consumer needs in mind” Bellani added.
The new products are the result of Del Monte’s detailed research and its aim to bring healthy and quality products to the Indian market. Indian consumers are becoming more health conscious. The company’s research showed that 48% of consumers aspire to lead a healthy lifestyle while 51% feel there should be healthier snack options available to consumers. According to the study, 46% of consumers look for ‘added nutrition’ while choosing a snack, and 51 per cent of buyers look for ‘made with natural ingredients’. India’s packaged fruit juices category is valued at INR 5,000+ crores and is growing steadily, especially the cold-pressed segment, as consumers are ready to pay a premium for quality products.
Global recession, health crisis, bleak economic outlook, social unrest on top of corporate concerns
Bangalore . 13th May, 2020: A fortnight after it released a survey on consumer insights, TRA Research, a consumer insights and brand analytics company today released its second report “TRA’s Coronavirus Corporate Insights 2020″, a whitepaper from a research conducted across 16 cities with 101 corporate respondents from 8th April to 4th May 2020. The TRA survey indicates that corporates, on average, perceive it will take 66.1 weeks (16.5 months) to achieve economic normalcy, while for full health normalcy, they feel it will take 15 weeks (3.8 months) more.
N. Chandramouli, CEO, TRA Research, elaborated on the findings, “The biggest concerns of Corporate India are of Global recession which is 66% on the Worry Index, followed by India’s inability to overcome the health crisis at 59%. Three important factors of Business survival, India’s bleak economic outlook and Social unrest, all had a Worry Index of 57%, showing the many concomitant challenges that corporate India was grappling with at the moment. Shaky Consumer Confidence remains lowest on the Worry Index at 39% showing ‘Little Worried’, possibly implying corporates are currently more concerned about the larger picture leading to disruptions.”
“Considering the Covid impact, the highest was Revenues for the year at 75% Impact Index, followed by Advertising at 64% impact, showing that the first cuts were in immediately controllable expenses, especially in the light of the negligible demand for many sectors during the lockdown”, Chandramouli added.
The survey revealed the Coping-Worry gap among Upper Management was the highest at 32%, and perhaps there is just too much on the plate of the top management to cope with everything together. The other challenge of the Upper Management is perhaps the external show of strength they have to present, despite their personal fears and anxieties.
On the priority of corporates, OPEX reduction has the top slot with 69.5% priority, CapEx reduction is the second highest priority at 65.5%, Business Strategy taking 64.5% priority, Company Operations are at 56.5% priority and, contrary to what many would believe, Manpower cost reduction is the very last what that corporates look at, which stands at 51.5% priority.
ಬೆಂಗಳೂರು: ಎಸ್ & ಪಿ ಬಿಎಸ್ಇ ಸೆನ್ಸೆಕ್ಸ್ ಮತ್ತು ನಿಫ್ಟಿ 50 ಸೂಚ್ಯಂಕಗಳು ಸತತ ಎರಡನೇ ದಿನವೂ ಕೆಂಪು ಬಣ್ಣದಲ್ಲಿ ಕೊನೆಗೊಂಡಿವೆ. ಆದರೆ ವ್ಯಾಪಾರದ ಕೊನೆಯ ಗಂಟೆಯಲ್ಲಿ ಶಾರ್ಟ್-ಕವರಿಂಗ್ ಸೂಚ್ಯಂಕಗಳು ಕೆಲವು ನಷ್ಟಗಳನ್ನು ಮರುಪಡೆಯಲು ಸಹಾಯ ಮಾಡಿತು ಎಂದು ಏಂಜಲ್ ಬ್ರೋಕಿಂಗ್ ಲಿಮಿಟೆಡ್ ಸಂಸ್ಥೆಯ ಹೆಡ್ ಅಡ್ವೆಂಸರಿ ಆಮರ್ ದಿಯೋ ಸಿಂಗ್ ಹೇಳಿದರು.
ಪ್ರಯಾಣಿಕರ ರೈಲು ಸೇವೆಗಳಿಗೆ ಆನ್ಲೈನ್ ಬುಕಿಂಗ್ ಪ್ರಾರಂಭವಾದ ನಂತರ ಭಾರತೀಯ ರೈಲ್ವೆ ಅಡುಗೆ ಮತ್ತು ಪ್ರವಾಸೋದ್ಯಮ ನಿಗಮ (ಐಆರ್ಸಿಟಿಸಿ) ಷೇರುಗಳ ಬೆಲೆ ಶೇಕಡ 5 ರಷ್ಟು ಮೇಲಿನ ಸರ್ಕ್ಯೂಟ್ಗೆ ತಲುಪಿದೆ. ಪ್ರಯಾಣಿಕರ ರೈಲು ಸೇವೆಗಳ ಬುಕಿಂಗ್ ಅನ್ನು ಐಆರ್ಸಿಟಿಸಿ ವೆಬ್ಸೈಟ್ನಲ್ಲಿ ಮೇ 11 ರಂದು ತೆರೆಯಲಾಗಿದ್ದು, ರೈಲು ಸೇವೆಗಳು ಮೇ 12 ರಿಂದ ಶ್ರೇಣೀಕೃತ ರೀತಿಯಲ್ಲಿ ಪ್ರಾರಂಭವಾದವು.
ಹಿಂದಿನ 18,950.40 ಪಾಯಿಂಟ್ಗಳಿಂದ 18,751.40 ಪಾಯಿಂಟ್ಗಳಲ್ಲಿ ತೆರೆದು ನಿಫ್ಟಿ ಬ್ಯಾಂಕ್ ಶೇಕಡ 0.46% ಕುಸಿದು 18862.85 ಪಾಯಿಂಟ್ಗಳಿಗೆ ತಲುಪಿದೆ. ಖಾಸಗಿ ವಲಯದ ಬ್ಯಾಂಕುಗಳು ಪ್ರಮುಖವಾಗಿ ಮಾರುಕಟ್ಟೆ ವಿಭಾಗಗಳನ್ನು ಮುನ್ನಡೆಸಿದವು. ಕೋಟಕ್ ಮಹೀಂದ್ರಾ ಬ್ಯಾಂಕ್ ಷೇರು 30.50 ರೂ.ಗಳಿಂದ ಕುಸಿದು 1,157.95 ರೂ.ಗೆ ತಲುಪಿದೆ ಅಥವಾ ಹಿಂದಿನ ಕ್ಲೋಸ್ಗಿಂತ ಶೇಕಡ 2.57 ಕಡಿಮೆಯಾಗಿದೆ.
ಪಿರಮಾಲ್ ಎಂಟರ್ಪ್ರೈಸಸ್ 25.10 ಅಥವಾ ಶೇಕಡ 2.69 ರಷ್ಟು ಕುಸಿದು 906.50 ರೂ.ಗೆ ತಲುಪಿದೆ. ಮಾರ್ಚ್ 2020 ಕ್ಕೆ ಕೊನೆಗೊಂಡ ತ್ರೈಮಾಸಿಕದಲ್ಲಿ 1702.59 ಕೋಟಿ ರೂ.ಗಳ ನಷ್ಟವನ್ನು ವರದಿ ಮಾಡಿದ ನಂತರ ಇಂಟ್ರಾಡೇ ಅಧಿವೇಶನದಲ್ಲಿ ಷೇರುಗಳು ಶೇಕಡ 14 ನಷ್ಟು ಕುಸಿದಿವೆ. ಸಿಪ್ಲಾ ಲಿಮಿಟೆಡ್ ತನ್ನ ಷೇರುಗಳನ್ನು 570.50 ರೂ.ಗೆ ಮುಚ್ಚಿದ ನಂತರ ಇಂದು ಬೋರ್ಸ್ಗಳ ಮೇಲೆ ದೌರ್ಬಲ್ಯವನ್ನು ತೋರಿಸಿದೆ.
ಉತ್ತಮವಾಗಿ ಕಾರ್ಯನಿರ್ವಹಿಸಿದ ಷೇರುಗಳು ಐಟಿ ಮತ್ತು ತಂತ್ರಜ್ಞಾನ ಕ್ಷೇತ್ರದ ಕ್ಲಸ್ಟರ್ನಿಂದ ಬಂದವು. ರಿಮೋಟ್ ವರ್ಕಿಂಗ್ ಮಾಡ್ಯೂಲ್ನಲ್ಲಿ ಸಂಪೂರ್ಣ ಸೇವಾ ವಲಯದ ಉದ್ಯೋಗಿಗಳೊಂದಿಗೆ, ಎನ್ಐಐಟಿ ಸ್ಟಾಕ್ ವಿಜೇತರಾಗಿ ಹೊರಹೊಮ್ಮಿತು. ಷೇರು ಶೇಕಡ 3.27 ಗಳಿಸಿ 86.80 ರೂ. ಟಿಸಿಎಸ್ ದಿನದ ಕನಿಷ್ಠ 1,910.25 ರೂಗಳನ್ನು ಮುಟ್ಟಿದ್ದರೂ ಸಹ ಷೇರು ಪುನರುಜ್ಜೀವನಗೊಂಡು 1,948.00 ರೂ.
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