Business briefs 2

Malabar Gold gives Rs 3 cr to Kerala, Telangana for COVID relief
     Mumbai, Apr 21 (PTI): Leading jeweller Malabar Gold & Diamonds has given Rs 2 crore to Kerala and Rs 1 crore Telangana chief ministers' COVID relief fund. .

The Kerala-based group has also come forward to supply grocery kits to the needy across Andhra and Telangana as a part of its corporate social responsibility.

“Our humble contribution to the CMs' relief funds is aimed at supporting the nationwide fight against the pandemic. We stand by the people and the government in this time of crisis. We are hopeful that together we can overcome this crisis,” said MP Ahammed, chairman of the Malabar Group.
    
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Amazon, NGO Habitat for Humanity to raise COVID funds

Amazon India has partnered with the leading non-profit Habitat for Humanity India to raise resources to provide essential supplies to the families hit by the COVID-19 induced lockdown.

Through this initiative, Amazon is encouraging its Prime customers to donate to Habitat India and in return, they will provide 100 percent matching funds to the NGO. Amazon will additionally contribute 10 percent of the donations from a non-Prime customer to the total donation.

Till date, Habitat has distributed over 12,557 hygiene and family essential kits and served over 37,177 individuals in Maharashtra, Delhi, Bengal, Kerala and Tamil Nadu with support from local administrations and state agencies.

“There is a sense of uncertainty among people. With no sustained access to secured income, people living in low-income groups are most susceptible to the perils of the pandemic. Through our association with Amazon India, we reaffirm our commitment to provide essential supplies to economically weaker communities and ensure they survive the crisis,” Rajan Samuel, managing director of Habitat for Humanity India said.
    
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Asian Paints supports painters, contractors

The largest paints company Asian Paints has decided to provide relief and support to over 40,000 painters and across the country as their livelihood has been impacted by the COVID pandemic lockdowns.

The current crisis makes things even more difficult for painters and contractors since a vast majority of them are daily wagers. To help them during these turbulent times, we have taken certain measures to ensure their safety and welfare.

“We have transferred money directly to the contractors' bank accounts through a direct bank transfer mechanism. This was done in the first week of April 2020 and has benefited over 40,000 contractors. We have also started a helpline for contractors”, company CEO Amit Syngle said.
    
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Crisil joins COVID food delivery efforts

* Crisil has opened up a corporate kitchen facility at its headquarters in Mumbai to supply cooked meals on a daily basis to the economically weaker sections of the society who are impacted by the Covid pandemic.

The rating agency has started serving free around 5,000 meals daily to support migrant workers and underserved communities and now has been scaled to provide 10,000 daily meals.

The company is utilising the currently idle kitchen facilities at its Powai office to offer meals which are distributed through a network of NGOs. Apart from Crisil Foundation, the initiative has the financial backing of its employees.
            
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COVID 19: Invest India to plan strategy with industry for business revival
     * Invest India, an investment facilitation agency under the Department for Promotion of Industry and Internal Trade, is working with industry to put together a strategy for business revival in the aftermath of the COVID-19 pandemic, Indo-Canadian Business Chamber (ICBC) said on Tuesday.
Invest India CEO Deepak Bagla said the Business Immunity Platform, created by them, had addressed 3,300 queries so far.
Speaking at the webinar, Nadira Hamid, CEO-ICBC said that every calamity comes with opportunities.
“It will be a new normal because we'll not be going back to the old normal and there will be a lot of opportunities in the new normal," 'Hamid said.
The ICBC and Invest India webinar emphasized on the fast-track mechanisms that have been put in place for ease of business and to aid in the coordination to bolster economic growth between the two countries. PTI BEN RR     








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(This story has not been edited by THE WEEK and is auto-generated from PTI)