Mumbai, March 26 | The Centre has declared services provided by stock markets as essential. According to Sebi, the Home Ministry has issued guidelines to this effect.
“The Order inter alia provides that commercial and private establishment shall be closed down but that the capital and debt market service as notified by the Securities and Exchange Board of India shall be exempted from such closures,” a Sebi notification said.
Commenting on the development, a spokesperson for a leading stock market said: “We are open and have been exempted during this lockdown.”
On its part, the BSE said that it has set up business continuity process offices. It also has a disaster recovery site in Hyderabad which can take over in case of Mumbai computers are not accessible.
“There is a millisecond based synchronization between production and DR site. The BCP and DR sites have been developed under Sebi regulations and have been periodically tested,” a BSE spokesperson said.
Bangalore, April 02, 2020 : The nationwide lockdown to combat Coronavirus outbreak in the country has led to severe difficulties for the poor and homeless people. In an effort to help the needy, Greenwood High International School, has come forward to do their bit to the cause. The school have undertaken the initiative to prepare food for 300 underprivileged families every day and distribute in and around Sarjapur area with the help of Sarjapur police station. This would be a continuous support from the school authority towards the needy people until the lockdown ends. While distributing the food, the school authority also followed the social distancing norms and ensured that necessary precautionary measures like masks and gloves were used in the entire process to provide clean and hygienic food to the people.
Speaking on this initiative, Ms. Niru Agarwal, Trustee, Greenwood High said: “As much as we believe in inculcating the values of benevolence and philanthropy among our students, we practise these ourselves too. Greenwood High has always been compassionate to help those in need and we continue to do so. We are mindful of contributing to the society in multiple ways and are proud to leverage our sources towards such an important cause. Several NGOs, individuals and businesses are pitching in to help the citizens and government through various initiatives with the hope that humanity would survive these dreadful times of coronavirus onslaught. We believe that only by active collaboration between all the members of the society, we will be able to overcome the impact of this pandemic.”