Castrol India Limited reported a strong financial delivery in 1Q 2021
Castrol India Limited reported a strong financial delivery in 1Q 2021 building on a resilient second half performance for FY 2020. Sandeep Sangwan, MD, Castrol India Limited said, “We delivered robust revenue and profit growth with 1Q revenue from operations at `1139 crore (66% higher) and 1Q Profit Before Tax at `332 crore (96% higher) versus 1Q 2020 which saw the onset of the Covid-19 pandemic and resultant business slow down beginning March 2020.” The company’s cost efficiency programmes and judicious working capital management efforts led to healthy cash from operations at`269 crore in the quarter, which is equivalent to 1.1 times of Profit After Tax.
L’oréal India stands in solidarity with fight against covid-19
To address the acute shortage of oxygen being faced by India in combating the Covid-19 pandemic, L’Oréal announced its financial support to the French government’s initiative to provide oxygen generators, liquid oxygen containers and specialised respirators to the country. In addition, L’Oréal is working with a network of NGO’s across India. L’Oréal will provide oxygen concentrators and cylinders to hospitals in Maharashtra, Karnataka, Delhi, Himachal Pradesh and Punjab and distribute over 100,000 units of sanitisers to government hospitals, police forces, municipal corporations, and those on the frontline of the pandemic across the country. The company will also give care packages to approximately 2000 nurses who have become the primary caregiver and family to many. Amit Jain, MD, L’Oréal India said, “We are committed to working closely with the government and our NGO partners to support the country’s collective efforts to fight the crisis.”
Bajaj group commits an additional pledge of `200 crore to India’s fight against Covid-19
Given the severity of the second wave of the pandemic, Bajaj group has pledged an additional financial support of `200 crore towards Covid-19 response. The Group has aided in the procurement of 12 Oxygen plants to provide more than 5,000 LPM of oxygen supply to rural and urban hospitals, along with respiratory support equipment like oxygen concentrators, ventilators and BiPaps to help augment their capacity in treating Covid-19 patients. This contribution is in addition to `100 crore donated by the Bajaj Group, last year, to support the Covid-19 response in India.
Parineeti Chopra is the New Brand Ambassador for Dabur Pudin Hara
Dabur India Ltd announced the signing of Bollywood Diva Parineeti Chopra as the new Brand Ambassador for its iconic brand Dabur Pudin Hara, the leading Ayurvedic medicine for Gas, Indigestion and Stomach ache. Mr. Ajay Singh Parihar, Marketing Head- OTC Healthcare, Dabur India Ltd said, “A new TVC featuring Parineeti Chopra has also unveiled with an interesting consumer insight: Isse Pehle Ki Baat Badh Jaaye, Lein Pudin Hara”. Parineeti Chopra said, “I would want to communicate to the consumers that they can take care of their stomach with 100% natural and safe Pudin Hara.”
Griffins International School launches Project “Earth Ambassador”
Griffins International School launches Project “Earth Ambassador” on Earth Day this year. Under this project the dedicated students will spread awareness about carbon footprint, suggesting effective means to reduce it through simple yet effective manners. The project is spearheaded by the principal Sarbari Brahma and mentors Sourav Bhattacharya and Arpita Roy. Under the ‘Paryavaran Sanrakshan Gatividhi’ program, Griffinites created ‘Eco bricks’ (plastic bottle packed with used plastic) in order to spread awareness towards creating a plastic free and safe planet for the future generations. Abishek Yadav, Chairman, Griffins International School, commented, “Eco-bricks prevent plastic waste from disrupting the ecosystem and create an ecological consciousness against plastic. It saves the earth from being infertile.”
Martin Uhlarik has been appointed as the new Global Design Head of Tata Motors
Tata Motors announces Martin Uhlarik as the new Global Design Head of the company. Uhlarik was till recently Head of Design for Tata Motors European Technical Centre (TMETC) and takes over his new role from Pratap Bose. Over the course of his 27 year career Uhlarik has been involved in the design of successful nameplates with leading global OEMs. Since joining Tata Motors in 2016 as Head of Design, UK, he has led the development of the Impact three generation of vehicles. Guenter Butschek, CEO & MD, Tata Motors, said, “Martin is an experienced automobile designer with deep domain knowledge of design, keen understanding of international trends and extensive operational experience.”