Business

Health Experts across the World favouring Face Shield to Be worn to prevent entry of Coronavirus
Business

Health Experts across the World favouring Face Shield to Be worn to prevent entry of Coronavirus

New Delhi [India], June 9 (ANI/BusinessWire India): Renowned Cancer Surgeon and National President of India Health Line with more than 10,000 Specialist Doctors as members serving needy and poor patients, Dr Pravin Togadia has shared a clinically accurate view on the usage of Masks and Face Shields. According to Dr Togadia, anybody can get Corona infection via air if some Corona positive patient is nearby (at least less than 1-meter distance) then through the air, Coronavirus can enter via mouth or nose to the throat. If a person keeps himself away with more than 1-meter distance and uses mask PLUS face shield, he will be protected against corona infection via air route. He said that route to enter Coronavirus in the body is through eyes, nose, mouth, and to some extent ears. Except for th...
COVID-19 Impact: Bilsir proves a boon for job seekers
Business

COVID-19 Impact: Bilsir proves a boon for job seekers

Noida (Uttar Pradesh) [India], June 9 (ANI/NewsVoir): As the global pandemic Coronavirus, known as COVID-19, has already triggered scores of layoffs across the country, Bilsir, a job search engine is proving to be a boon to a number of jobless in various sectors at a time when the job market is witnessing churning. It has been witnessed that despite the hit, many sectors such as IT, BPO/ITES, BFSI, accounting/finance, etc keep hiring people for remote work. Meanwhile, a number of job seekers turned up on Bilsir.com for the same. Talking about the Bilsir, Pratik Singh, one of the founders and partner of Green Arrowhead LLP said, "It is an indigenous vertical search engine focused on job search and provide listings for all categories of corporate and non-corporate job positions. It indexes w...
Equity indices fall sharply in late trading, banking stocks suffer
Business

Equity indices fall sharply in late trading, banking stocks suffer

Mumbai (Maharashtra) [India], June 9 (ANI): Equity benchmark indices were on a downward slide during the second half of Tuesday's trading session, eroding most of the morning gains in banking and financial stocks. Profit booking was witnessed across all counters as experts indicated towards increasing inflows through foreign portfolio investments and general optimism emanating due to reversal of the COVID-19 lockdown. At the closing bell, the BSE S&P Sensex was down by 414 points or 1.2 per cent at 33,957 while the Nifty 50 edged lower by 121 points or 1.19 per cent at 10,047. All sectoral indices at the National Stock Exchange were in a sea of red except for Nifty pharma which gained by 1.8 per cent. Among stocks, ICICI Bank was the top loser with a loss of 3.7 per cent at Rs 346.30 p...
Sonalika tractors records 18.6 percent overall sales growth in May’20
Business

Sonalika tractors records 18.6 percent overall sales growth in May’20

New Delhi [India], June 4 (ANI/NewsVoir): India's one of the leading tractor manufacturing brand and number one exporter from the country, Sonalika Tractors registered phenomenal overall growth (Domestic+Exports) of 18.6 per cent with sale of 9,177 tractors in May'20 as compared to 7,737 tractors in May'19. The company have strengthened its number one tractor exports position from India by registering 25 per cent growth with exports of 1,537 tractors in May'20. Key Highlights: * Overall growth registered 18.6 per cent (9177 tractors sold) in May'20 * Plant operations reached 85 per cent in week four May'20. Expecting 100 per cent operational by June'20 * Expecting to surpass May'20 growth in June'20 * Overall Q1 FY'21 volume expected to surpass last year * Number one brand in the world fro...
Sun Pharma initiates phase two clinical trial on AQCH as potential treatment for COVID-19 patients
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Sun Pharma initiates phase two clinical trial on AQCH as potential treatment for COVID-19 patients

Mumbai (Maharashtra) [India], June 5 (ANI): Sun Pharmaceutical Industries has started phase two clinical trial on AQCH, a phytopharmaceutical (plant-derived) drug for the treatment of COVID-19. The company got approval from Drugs Controller General of India (DCGI) for conducting phase two clinical trial in April. The clinical trial will be conducted across 12 centres in India on 210 patients with a duration of 10 days. The results of the clinical trial are expected by October. Human safety study of AQCH has already been completed and the drug has been found safe at the recommended dose for phase two study. Managing Director Dilip Shanghvi said it is the first phytopharmaceutical drug approved for clinical trials by the DCGI as a potential treatment for COVID-19. "AQCH has shown anti-SARS-C...
Delhi’s air quality in ‘satisfactory’ category; overall AQI clocks at 70
Business

Delhi’s air quality in ‘satisfactory’ category; overall AQI clocks at 70

New Delhi [India], June 6 (ANI): The quality of air in Delhi improved to the 'satisfactory' category with the overall Air Quality Index (AQI) docking at 70 around 11 am on Saturday, said the System of Air Quality and Weather Forecasting And Research (SAFAR). The concentrations of polluting particles - PM 10 and PM 2.5 stood at at 70 and 35 respectively. The Centre-run SAFAR has predicted that the AQI is expected to further improve on Sunday (June 7). The concentration of PM 10 particles is expected to be at 74 tomorrow while PM 2.5 is likely to dock at 37. It further added that PM 10 concentration is likely to be into the 'moderate' category after three days. (ANI)
Hipla Technologies Pte Ltd raises SGD 500,000 funding to further grow its contact tracking and social distancing product ContaTrack.ai
Business

Hipla Technologies Pte Ltd raises SGD 500,000 funding to further grow its contact tracking and social distancing product ContaTrack.ai

Singapore/Kolkata (West Bengal) [India], June 4 (ANI/PRNewswire): Hipla Technologies Pte Ltd is excited to announce that they have successfully raised SGD 500,000 from a stellar consortium of investors from India and Singapore. This capital injection will support and accelerate Hipla Technologies' new SaaS solution, ContaTrack.ai and further grow its products in the Office Automation space. ContaTrack.ai harnesses the power of artificial intelligence and computer vision to successfully notify individuals when they are about to commit a safe-distancing breach and thereby avoid contamination and infection risks in large work environments. The solution further enables organizations to conduct Contact Tracing in an automated manner. These insights are delivered using no more than an organisati...
Anand Stanley appointed as President of Airbus Asia Pacific
Business

Anand Stanley appointed as President of Airbus Asia Pacific

Toulouse [France], June 4 (ANI): Planemaker Airbus has named Anand Stanley as the President of Airbus Asia Pacific from July 1. He succeeds Patrick de Castelbajac, who is leaving Airbus. Based in Singapore, Stanley will lead the strategy and future positioning of Airbus and its divisions across the region. In this role, he will have responsibility for commercial aircraft sales and customer affairs, group-wide government affairs, industrial and joint venture partnerships as well as the local operations at Airbus sites across the region. Stanley reports to Christian Scherer, Airbus Chief Commercial Officer and Head of International, and will work closely with the heads of the region for the Airbus Helicopters and Defence and Space divisions who are co-located at the company's Asia Pacific he...
Equity indices on upswing, Reliance hits new high
Business

Equity indices on upswing, Reliance hits new high

Mumbai (Maharashtra) [India], June 5 (ANI): Equity benchmark indices edged higher during early hours on Friday due to gains in index heavyweight Reliance Industries and metal stocks. At 10:15 am, the BSE S&P Sensex was up by 117 points or 0.34 per cent at 34,098 while the Nifty 50 edged higher by 67 points or 0.67 per cent at 10,096. All sectoral indices at the National Stock Exchange were in the positive zone with Nifty PSU bank up by 2.4 per cent, metal by 2.1 per cent and private bank by 1.3 per cent. Among stocks, Reliance Industries Ltd (RIL) share price touched a record high of Rs 1,602, rising 1.4 per cent after the announcement that Abu Dhabi fund Mubadala is going to invest Rs 9,093 crore in its digital arm Jio Platforms. Tata Motors gained by 5.58 per cent at Rs 104 per share...
MaxVIL back to profits in FY20; reports PAT of Rs 441 million versus loss of Rs 293 million in FY19
Business

MaxVIL back to profits in FY20; reports PAT of Rs 441 million versus loss of Rs 293 million in FY19

New Delhi [India] June 6 (ANI/NewsVoir): Max Ventures & Industries Limited (MaxVIL), a part of India's leading multi-business conglomerate, Max Group, operates across two core businesses of real estate in NCR and specialty packaging films. MaxVIL announced its audited financial results for the quarter and full year ended 31st March 2020 today. In FY20, MaxVIL achieved revenue growth of 50 per cent with EBITDA of Rs 1,667 million and PAT of Rs 441 million aided by strong and sustained performance across both businesses. In Q4FY20, revenue stood at Rs 2,531 million, up by 1 per cent YoY while EBITDA was at Rs 357 million vs Rs 96 million in Q4FY19, led by healthy leasing momentum in its flagship commercial project and a healthy contribution margin in its packaging business. Profit after ...