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Credit Suisse extends Rs 7.5 cr aid to hospitals in India By IANS | 0 Views Credit Suisse overlooked breaches of regulations for years. Image Source: IANS News Mumbai, May 17 : As India continues to face the second wave of the Covid-19 pandemic, Credit Suisse has recently committed an additional Rs 7.5 crore ($1 million) in aid to Concern India Foundation and GiveIndia, to provide financial assistance to hospitals in Mumbai, Pune, Delhi and Bangalore. The financial aid is to be utilized to procure critical medical supplies, as well as oxygen and ICU equipment for the hospitals treating Covid-19 patients. Credit Suisse has also launched a fundraising appeal among its staff to raise money for GiveIndia s India Covid Response Fund, which will then be matched by the bank through a separate donation. The campaign has already raised more than Rs 2.8 crore ($370,000) of additional support so far. ....
May 17, 2021 × Fund to be used to procure critical medical supplies, oxygen and ICU equipment for hospitals treating Covid-19 patients Credit Suisse has committed an additional ₹7.5 crore in aid to Concern India Foundation and GiveIndia, to provide financial assistance to hospitals in Mumbai, Pune, Delhi and Bangalore, to help India in its fight against the Covid-19 pandemic. The financial aid would be utilised to procure critical medical supplies, oxygen and ICU equipment for the hospitals treating Covid-19 patients, it said in a statement. Credit Suisse is also raising funds from its staff for GiveIndia’s India Covid Response Fund, which will then be matched by the bank through a separate donation. The campaign has already raised more than ₹2.8 crore of additional support so far. ....
Covid crisis spurs packaging rethink The second Covid wave has wreaked havoc as it drew attention to the shortcomings of oxygen supply, hospital beds and vaccines in the country. WhatPackaging? highlights how top brands are contributing their bit to mitigate the situation ITC PSPD has supplied over 100 MT of liquid oxygen to the nearby hospitals in Telangana Amazon brings 10,000 oxygen concentrators Amazon joined hands with ACT Grants, Temasek Foundation and Pune Platform for Covid Response (PPCR) and other partners to airlift over 8,000 oxygen concentrators and 500 BiPAP machines from Singapore. According to the company, the medical equipment will be donated to hospitals and public institutions to augment their capacity to help Covid infected patients across multiple cities. ....
The West is losing the COVID-19 vaccine diplomacy battle in key developing regions of the world to Russia and China and will suffer long-term strategic consequences, a new report has warned. China and Russia are stealthily building influence and playing the long game by sending millions and millions of coronavirus vaccines to developing states, a just-released report from the Economist Intelligence Unit (EIU) stated. The report found Russia and China are aiming to take advantage of a vaccine vacuum (and) a perceived failure of Western states to help in the provision of vaccines. China and Russia have been sending millions of doses of coronavirus vaccines to developing states in recent months. (Economist Intelligence Unit) ....