Skip to content
Search

Latest Stories

Hyundai hands over COVID-19 diagnostic kits to ICMR

Hyundai Motor India handed over COVID-19 advanced diagnostic testing kits to the Indian Council of Medical Research (ICMR) on Thursday (16).

The diagnostic kits worth Rs four million have been imported from South Korea and offer high levels of accuracy, catering to the testing requirements of over 25, 000 individuals, a company statement said.


"These highly accurate diagnostic kits can help the government scale up testing efforts in affected regions and arrest the spread of the COVID-19 pandemic in India," HMIL managing director and chief executive officer SS Kim said.

The South Korean automaker has already donated Rs 50 million to Tamil Nadu chief minister relief fund.

It has also augmented the supply of ventilators and other respiratory aids such as the in-house developed Ambu Bag Actuator.

Besides, the company said it is distributing masks and other safety kits to fight the COVID-19 pandemic.

More For You

Castrol-BP

Castrol motor oil bottles are seen in this illustration taken June 19, 2025. (Photo: Reuters)

BP to sell 65 per cent of Castrol to Stonepeak for about $6 billion

BP has agreed to sell a 65 per cent stake in its Castrol lubricants business to US private equity firm Stonepeak for about $6 billion, as part of the oil major’s $20 billion divestment plan to cut debt and boost returns.

The deal, announced on Wednesday, values Castrol at $10.1 billion. It is BP’s largest asset sale so far as it moves to streamline operations and reduce its renewable energy investments after lagging rivals in share performance.

Keep ReadingShow less