MUMBAI: Tata Motors Limited announced its sales in the domestic & international market, for Q1 FY21, which stood at 25,047 vehicles, compared to 137,545 units during Q1 FY20. Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Amidst subdued demand environment, Q1 was marked by successful transition to BSVI across the range…
All posts tagged COVID-19
Algernon receives ethics approval for U.S. sites for human study of ifenprodil for covid-19
VANCOUVER: Algernon Pharmaceuticals Inc., a clinical stage pharmaceutical development company, has received ethics approval from a central institutional review board for U.S. study sites for its multinational Phase 2b/3 human study of NP-120 (Ifenprodil) for COVID-19. Ifenprodil is an NMDA receptor antagonist specifically targeting the NMDA-type subunit 2B. The Company has also signed agreements with…
Barcelona stands out in European research into fighting Covid-19
MADRID: In the socioeconomic recovery of Europe’s main cities following the effects of the Covid-19 pandemic, a commitment to healthcare, innovation and medical research is a key element. In that regard, Barcelona and the surrounding area play a European leadership role, uniting a powerful healthcare field with a high quality scientific research network. And according…
Spectra7 announces first quarter financial results, revenues decline 89%
SAN JOSE: Spectra7 Microsystems Inc., a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced its unaudited financial results for the three months period ended March 31, 2020. Q1 2020 Financial Summary: Revenue for Q1 2020 was approximately $0.1 million, representing a decrease of approximately 89% over the prior quarter and approximately…
CapitaLand enhances safety across its business parks in India
SINGAPORE: CapitaLand, one of Asia’s largest diversified real estate groups, is stepping up cleaning and adopting contactless technologies across its nine business parks in India to continue to provide a safe environment to tenants and employees amid the COVID-19 pandemic and beyond. The multi-layered measures are designed to minimise contact amongst people and surfaces, building…
F J Benjamin scales up online store network amid COVID-19
SINGAPORE: Southeast Asia’s leading fashion retailer F J Benjamin Holdings (FJB) has substantially scaled up its online store network following agreements struck with several global brands. Group Chief Operating Officer Douglas Benjamin said since the outbreak of the coronavirus early this year, it has been negotiating with principals of fashion brands it represents, as well…
Clive Dix appointed deputy chair of the steering board of UK Vaccine Taskforce
LONDON: Chief Executive Officer of C4X Discovery Holdings Clive Dix has been appointed a member and Deputy Chair of the Steering Board of the UK Vaccine Taskforce, the group set up by the Government’s Chief Scientific Adviser, Deputy Chief Medical Officer, Business Secretary and Health Secretary to lead UK efforts to find and manufacture a…
COVID-19 throws spotlight on London Market modernisation
LONDON: While many London Market participants began 2020 generally optimistic on the back of signs of pricing improvement, the COVID-19 pandemic has cast a shadow over performance expectations for the rest of the year. It has also thrown a spotlight on the market’s modernisation efforts and might even accelerate some long-awaited changes to the way…
Outlets at Tejon starts reopening and is ready to welcome guests
TEJON RANCH: The Outlets at Tejon announced that following two months of closure due to the COVID-19 pandemic and stay at home order set by Governor Newsom, it will be open to the public once again on May 27, 2020. This is a phased reopening as some individual stores may open sooner than others. Guests…
Hong Leong Finance hits 500th customer in approved COVID-19 loan relief applications
SINGAPORE: Hong Leong Finance (HLF) has seen a surge in COVID-19 approved loan relief applications, reporting that it has approved applications from 500 customers, comprising 300 from local businesses and 200 from retail customers. HLF expects to see a further increase following the latest announcement by the Monetary Authority of Singapore to ease cash flow…
United Overseas Australia updates on potential impact of Covid-19 outbreak on group
SINGAPORE: The COVID-19 outbreak was declared a pandemic by the World Health Organization (‘WHO’) in March 2020, which continues to spread throughout Australia and Malaysia (the Group’s main geographical area of operation). In addition, the Malaysian government implemented a movement control order (‘MCO’) on the 18 March 2020 as a result of COVID-19, with the…
SGX enhances business processes and encourages greater use of online services amid COVID-19
SINGAPORE: To ensure public health and safety amid COVID-19, Singapore Exchange (SGX) will close The Central Depository (CDP) Customer Service Centre from 18 April 2020 until further notice. SGX will also refine its processes to cater to the new operating environment, and similarly encourages customers to increase the use of online services. This is in…