With govt nod, Hero MotoCorp to vaccinate full workforce

In what is likely to become a norm soon, Hero MotoCorp has announced that it will vaccinate its entire workforce, including contract workers, against COVID-19 at its own cost. “With the government opening up the vaccination process against the coronavirus for the corporate sector, we have decided to vaccinate our workforce and other stakeholders within […]

FOREIGN AID: 2,742 NGOs lose FCRA clearance in 3 years

Government of India has canceled or suspended the eligibility of thousands of non-government organizations to receive foreign aid in recent years, according to data from the ministry of home affairs, Government of India. The biggest cull came in 2019, when it removed 2,171 NGOs from the list of organizations eligible to receive funds from abroad. […]

V-Guard founder to enter venture debt, set up NBFC

Kochouseph Chittilappilly, the founder of V-Guard industries, said he has set up a company called K Chittilappilly Capital Pvt Ltd with the purpose of providing venture funding to entrepreneurs. In a letter to V-Guard industries, Chittalappilly — who founded V-Guard Industries as a voltage stabilizer maker four decades ago — said the new NBFC is […]

Tech-savvy scammers try to steal flood relief donations

Even as a large part of the country grapples with torrential rain and floods, scammers have set up fake bank IDs to get their hands on at least a part of the donations meant for disaster relief. For example, the original UPI ID for donating to Kerala’s disaster relief fund is keralacmdrf@sbi. However, given that […]

Maruti Suzuki employees contribute Rs 1.5 cr to Kerala Flood relief

Maruti Suzuki, India’s biggest carmaker, said it will contribute Rs 3.5 cr, including employee contributions, to the Prime Minister’s National Relief Fund in the context of floods in Kerala. “With regard to the recent floods and colossal damages in Kerala, Maruti Suzuki stands with the people of Kerala and prays for quick rehabilitation of all […]

Google to train six more Indian start-ups in San Francisco

Google has selected six Indian Startups for the fourth class of its ‘Launchpad Accelerator’ program, including RailYatri, RecipeBook and FastFilmz. In the six months program, they will undergo intensive mentoring from 20+ teams across Google and mentors from top technology companies and VCs in Silicon Valley. Additionally they will receive equity-free support and credits for […]

Sunil Mittal takes a Rs 5 Cr pay cut to help under-trials

Bharti Enterprises is rolling out a first of its kind corporate initiative to provide legal assistance & aid and awareness and literacy to underprivileged undertrials across the country and will help the undertrials by paying the bail and surety amounts in exceptional cases. Bharti Airtel will provide an annual grant of Rs.10 Crores on an ongoing basis towards this initiative. Sunil Bharti […]

Kris Gopalakrishnan donates Rs 11 crore for IISC-Carnegie Mellon partnership

Infosys co-founder Senapathy “Kris” Gopalakrishnan has donated $1.8 million (about Rs 11 crore) to the US-based Carnegie Mellon University (CMU) to establish a research partnership between CMU and the Centre for Brain Research (CBR) at the Indian Institute of Science (IISc) in Bangalore. The partnership will strategically leverage the research strengths of both institutions while […]