StanChart Seeks Oxygen for Staff Amid Indian Covid Crisis
- Lender “actively” trying to source supplies as cases soar
- About 4% of more than 20,000 staff in India are infected: CFO
Oxygen tanks stacked at a refill station in Navi Mumbai, India, on April 22.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
Standard Chartered Plc has been attempting to buy oxygen for workers stricken by Covid-19 in India, as the country’s healthcare system struggles to cope in the face of the world’s worst coronavirus crisis.
Chief Financial Officer Andy Halford said the London-headquartered bank was “actively” attempting to find oxygen concentrators with hundreds of the company’s 20,000-plus staff based in the country infected.