SC will facilitate the online distribution of capital market products such as unit trusts.

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INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.

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Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business.

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The Series A round has brought 360VUZ’s total funding amount to $7 million.

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The decision to completely shut down its operations comes after significant downsizing by the company.

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The labourers, rendered jobless due to the coronavirus-enforced lockdown, had set off for their homes on foot along the rail tracks apparently to escape police attention. Sixteen migrant workers sleeping on rail tracks while returning to Madhya Pradesh were crushed to death by a goods train in Aurangabad district of Maharashtra in the early hours of Friday.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

This is the first major bureaucratic rejig by the BJP-led state government since Shivraj Singh Chouhan became chief minister in March this year.

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Fernando Alonso sent the Tifosi wild by winning the Italian Grand Prix from Jenson Button and team-mate Felipe Massa after taking the lead from the McLaren in the pit stops

Ferrari's Felipe Massa believes second place would have been within his grasps at the Italian Grand Prix had it not been for a slow pit stop

Michael Schumacher said that he let team-mate Nico Rosberg past because he was in a better position to challenge Jenson Button ahea

Sebastian Vettel has revealed a gearbox problem prevented him from attacking the McLarens and Fernando Alonso for position at the Canadian Grand Prix

McLaren team principal Martin Whitmarsh believes Formula One should consider immediate rule changes to spice up the racing, after the Bahrain Grand Prix proved the new regulations had done very little to ease overtaking

Red Bull has revealed that the problem that cost Sebastian Vettel near certain victory at the Bahrain Grand Prix was in fact due to a faulty spark plug rather than a cracked exhaust

several senior figures in the leading teams have raised their own concerns over the new rules in the aftermath of the Bahrain Grand Prix.

Fernando Alonso has said "it's too early to talk about changing the rules" despite the criticism following the Bahrain Grand Prix

Kimi Raikkonen put Ferrari at the top of the Jerez timesheets for the third day in four as the first week of pre-season testing came to a close on Wednesday

A quick look at how the 24 drivers got on during the Monaco Grand Prix

Robert Kubica was left lamenting a poor start after finishing third in Monaco

A closer look at who did what at the Malaysian Grand Prix

Fauci is the third high-ranking member of the White House coronavirus task force to enter some form of quarantine.

Tesla alleged in a lawsuit that California's Alameda County, where the automaker has a factory, went against state rules and "created a legal quagmire."

Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.

Teething problems threaten the effectiveness of government ‘test, track and trace’ strategy

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Just over half the population is likely to download the NHS app developed to track and trace cases of coronavirus, new polling suggests, amid concerns that test result delays could hamper its effectiveness.

A narrow majority of 52% of people told an Opinium poll for the Observer that they were likely to download the app, which alerts users if they have been in close contact with someone who has tested positive for the virus.

The number of coronavirus cases worldwide topped four million as some of the hardest-hit countries readied Sunday to lift lockdown restrictions, despite concerns about a second wave of infections.

Ahmad al-Mostafa can't afford milk for his baby daughter. A Syrian refugee, he has barely been able to feed his family since Lebanon sank into economic crisis last year. But now, a coronavirus lockdown has made things even worse.

Little Richard, one of the pioneers of the first wave of rock’n’roll, has died. He was 87. His 1955 song Tutti Frutti, with the lyric ‘awopbopaloobop alopbamboom’, and a series of follow-up records helped establish the genre and influenced a multitude of other musicians

• Little Richard, rock'n'roll pioneer, dies aged 87
  

On Thursday, the French government confirmed that the country will begin a “gradual” easing of its Covid-19 lockdown measures on Monday, May 11. Here’s everything you need to know about the restrictions being lifted.

It all started with an article about Wink Labs putting a monthly fee on their previously free service. It wasn’t so much the amount they were asking ($5 / month) that raised my hackles, but rather the fact that they would essentially render a device that you ostensibly bought worthless …read more

As a general rule, you probably shouldn’t be getting your Personal Protective Equipment (PPE) from the party store. But these are exceptional times, and rather than potentially depriving medical professionals the equipment they so desperately need on the front lines, the team at [Robots Everywhere] has been looking into improvised …read more

When Rhys Graham first picked up his camera in lockdown, he assumed he would take a few portraits of friends. Now, weeks in, it has turned into a sprawling project documenting Australia’s new domesticity

In these strange, suspended times, a camera and lens can be an emotional bridge from one person to the next.

As a film-maker you become reliant on the manic energy of shooting and the warmth of your community – crews, actors, colleagues or subjects – to keep you buoyant.

We may be spending less by not travelling to work, but with an uncertain future it’s time to take stock of personal finances

With gyms shut, taps turned off in pubs and the prospect of a holiday a distant dream, many people are finding their outgoings have dropped since lockdown. But the shadow of a looming recession and concern about whether jobs will even exist when offices reopen, means many are looking at their finances even more closely.

So what are the best ways to improve them amid extraordinary times and an uncertain future?

Author David McKee reveals why, 40 years on, his cautionary tale of the perils of ignoring children is still relevant

For the past 40 years it has been a warning to parents about the monstrous consequences of ignoring their children. Now new illustrations of the classic picture book Not Now, Bernard have been created to better reflect the daily life of families in the age of smartphones and tablets.

The former EastEnders actor talks about shooting a pilot on a deadly virus, telling British stories with a difference – and how playing a bit part as a pigeon changed his career

The so-called “curse of EastEnders” – the struggle for soap actors to transition into more prestigious dramatic roles after leaving the show – always weighed heavily on the mind of Himesh Patel.

So when he decided to leave the soap in 2016, after nine years playing Tamwar Masood, he knew whichever role he chose next would be critical in breaking typecast, perhaps even defining the rest of his career. He went to a friend whose theatre company, withWings, took inventive musical adaptations to the Edinburgh fringe. That year they were doing Le Bossu, a retelling of The Hunchback of Notre Dame. Patel mentioned that he wanted to get out of his comfort zone and do some theatre. “He came back to me and said, ‘Cool, well, I can offer you the role of a pigeon.’”

Rise of spy chief to premier comes as Iran struggles to maintain momentum months after killing of powerful general

In late February, six weeks after the Iranian general Qassem Suleimani was killed by a US drone, a candidate for Iraq’s vacant premiership was nervously preparing for an interview that would secure him the role.

Mustafa al-Kadhimi’s rise from intelligence chief to the seat of national power had been unorthodox, as was the journey he had just made – from Baghdad, where high-stakes appointments like his had mostly been made over the past decade.

Transport secretary announces £2bn package to get UK walking and cycling instead

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The enormity of the challenge of getting the UK back to work was laid bare on Saturday, as the government acknowledged that the capacity of Britain’s transport network will be reduced by 90%.

The transport minister, Grant Shapps, said at the daily Downing Street press briefing that even if a full public transport service is restored, the government’s two-metre physical distancing rule will mean 10% of the usual number of passengers will be able to travel.

Modest changes expected to include relaxing exercise rules and reopening garden centres

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Boris Johnson’s plans to ease the UK lockdown are likely to be in line with Wales, which would result in only modest changes such as the reopening of garden centres and libraries, and a relaxation of exercise rules, the Welsh first minister, Mark Drakeford, said on Saturday.

Drakeford said the prime minister’s announcement for England would be in line with the very smallest easing granted in Wales.

The highest rates of Covid-19 casualties are in countries run by know-nothing populists

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All of a sudden, and after years of bluffing, conservatives are warning of the dangers of jumping to hasty conclusions. Before I go any further, I must therefore say our newly scrupulous masters have a point. The league tables of national Covid-19 death figures are not the last word on the crisis, and may look different in a few weeks. That’s that done, then. Everybody happy? Good. Let’s get on with it.

In the world as it is, rather than as it may be, a shameful fact is undeniable. The highest Covid-19 casualties are in the US and the UK, where the mendacities of the populist right have deformed society. It turns out that being governed by Anglo-Saxon conservatives is a threat to the health of nations. Their rule kills the old and blights the futures of the young. To understand their ineptitude, think of how conservatism turned into a know-nothing culture in the past decade, and ask what Donald Trump and Boris Johnson would be doing in an alternative universe where they never came close to power.

Thatcher’s simplistic aversion to borrowing still haunts fiscal policy, but interest rates have been falling for many years

It is clear Boris Johnson has favoured his health advisers as he looks to ease the lockdown. Worries about a second coronavirus outbreak have clinched victory over concerns about keeping much of industry and commerce in a state of suspended animation.

After weeks of pleading by the Treasury to get the nation back to work, No 10 has opted to play it safe with people’s health, and particularly older people. And no wonder, after a hapless first few months in which the UK leapt to fourth place in probably the most ignominious league table in modern history – that of Covid-19 deaths per 100,000 population – behind Belgium, Spain and Italy.

The rights of the most vulnerable, including those with dementia, should not be violated

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Last week, driving to the shops, I passed a care home and saw a figure standing at an upstairs window: an old woman looking out at a world she could not enter. She looked like a prisoner. And in a way, that’s probably what she was.

Let’s talk about old people. Let’s talk about people in care homes, about people living with dementia and dying with dementia, out of sight and out of mind, and what the lockdown means for them. Let’s talk about what we are not talking about enough, not thinking about enough, not caring about enough.

Acclaimed photographers from around the world share a single image reflecting on their experience of the coronavirus outbreak

Minneapolis, Minnesota

When lockdown has ended, we must continue to live simpler lives to benefit both us and the planet, says Mariella Frostrup

The dilemma I know we’re in the middle of a global pandemic with the economy knackered and the free world led by a man like Trump. I know our freedom has been temporarily taken away from us. But I’m dreading the end of lockdown.

For years I’ve craved a slower pace of life. Lockdown has allowed me to spend time with my family – and not on the relentless promise of success in my career. It has allowed me to play and learn with my child, rather than rush to drop-off or pick-up at wraparound care. It has allowed me to walk in woodland rather than standing on a crowded commuter train. In many ways it has been idyllic.

Follow the science, they say… So here are 12 new ‘observations’ about life in a post-pandemic world

Apologies in advance: this column will be distressing to scientists (including those in my own family, but thankfully none of them read what I write).

The rules of the physical world seem to be abandoning us. The virus acts like no other pathogen. Two metres is entirely subjective now, expanding and contracting to meet our needs. Time is non-Newtonian, like the cornflour you’ve probably resorted to if you have small children to entertain, stiff and fluid at once. Numbers are basically meaningless: in pandemic maths, a figure such as 413 deaths – the one released on the day I am writing, an unthinkable catastrophe at another time – is encouraging, a cause for some optimism.

Ministers’ shambolic briefings expose a terrifying lack of competence

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‘In spite of the sunny bank holiday, it is vitally important that we continue to abide by the current restrictions: stay home, protect the NHS and save lives.” That was the message delivered by the environment secretary, George Eustice, at Friday afternoon’s press conference. Yet just the day before, most newspapers were emblazoned with excited headlines foretelling a significant relaxation of social distancing restrictions, based on briefing from government sources: “Lockdown freedom beckons”, “First steps to freedom from Monday” and “Stay home advice to be scrapped”.

Despite the critical importance of clear public messaging to any public health strategy, the government’s communications have been marred by mixed messages throughout this deadly pandemic. Its core message, asking the public to stay at home to protect the NHS and save lives, has been very effective, but this has consistently been undermined by ministers and advisers inaccurately briefing the press that there is about to be a shift in policy. Before the Easter weekend, reports appeared that ministers thought that the public had been too obedient in following the lockdown, and that a relaxation was imminent. The same happened before this bank holiday weekend, forcing the government to clarify that there was no change in restrictions and that people must continue to abide by the law.

Taking Britain safely out of lockdown will necessitate unpopular policies of more spending and surveillance

A commonplace criticism of political parties is that they have drifted “into their comfort zone”, which mostly means that Labour talks a lot about raising spending, while the Conservatives talk about cutting taxes. But politicians have comfort zones that are operational as well as ideological: ways of working that they find more attractive than others.

In late 2014, one ambitious young shadow cabinet minister asked his aides to draw up a 14-point plan to help him become leader of the Labour party. Step two involved an itemised list of Labour MPs, each of whom, he was told, he needed to wine and dine if he was to have any hope of making a successful bid at the job. The frontbencher in question contemplated evening after evening spent in conversation with his colleagues versus time spent with his wife and children. Surely, he reasoned, he could achieve the same end by writing thoughtful columns in the newspapers and delivering wide-ranging speeches? His leadership bid never recovered.

• Two-week isolation means Dresden cannot play next week
• Two players from Bundesliga 2 side test positive for Covid-19

Germany’s plans to restart competitive football next Saturday suffered an early setback after the entire Dynamo Dresden team were placed in a two-week quarantine following two positive coronavirus tests among the players.

The Bundesliga 2 club announced on their website that tests taken on Friday had revealed two new positive cases and local health authorities had ordered the team into quarantine. Dresden were scheduled to play Hannover 96 next Sunday in their first game back following the stoppage caused by the coronavirus outbreak.

Still resilient after taking tough and early action, Greece can now look forward to a summer tourist season beginning in July

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When Pavlos Pandelides realised the coronavirus pandemic was moving west, he bought a plane ticket and flew from Athens to London. He then drove north to Nottingham to collect his daughter, a student at the city’s university, before returning with her the next day to Greece. An ardent admirer of all things British, the businessman had absolutely no doubt that what he was doing was right. “The British are fighters but I could see they were underestimating this,” he said.

While Covid-19 was tearing through northern Italy, Boris Johnson was still faltering, with his government showing worrying signs of complacency. There was, said Pandelides, no time to waste. “It was more than a protective father thing. It was clear they were about to really mess up.”

As hundreds of test kits claim to offer accurate results on previous Covid-19 infection, scientists around the world are working hard to assess their accuracy

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At the Erasmus University Medical Centre in Rotterdam, Marion Koopmans and a team of scientists are going throught the laborious process of verifying antibody tests for Covid-19. Over the last two months, dozens of prospective tests have hit the market, and with many governments wanting to feed the results of large-scale testing into their decisions whether to end lockdowns, biological tests have rarely carried such weight.

Most of the tests are enthusiastically marketed, boasting of their ability to accurately detect whether someone has previously been infected with the Sars-CoV-2 virus. The painstaking job of proving whether the tests do what they say has fallen to a worldwide network of 12 independent centres, of which Koopmans’s team is one.

Since the UK confirmed its first case, its response has proved one of the least effective

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It is 100 days since the first coronavirus case was confirmed in the UK on 31 January. The official death toll so far from the epidemic has topped 33,000 and is still rising fast. The actual total could be far higher, many analysts say – leaving Britain among the countries hit hardest by Covid-19.

The government has struggled to get on top of the crisis, facing growing criticism for its lack of early preparation to tackle the virus, its abrupt shifts in strategy, its failure to provide adequate protective equipment for its medical staff and other key workers, and its inability to organise testing on the scale that many say is vital.