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CORONAVIRUS IMPACT ON PRODUCTION
Indian aviation market offers long-term opportunities: Star Alliance CEOIndia's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium l...- Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
- As govt eases coronavirus lockdown conditions, factories to make muted start on subdued demandCarmakers, phone firms are set to begin production with output less than the usual level.
- Weak demand, oversupply to hurt steel industry post-lockdown: Ind-RaDomestic steel demand in FY21 is likely to drop by around 12-15 per cent year-on-year with end-use industries being closed down and limited...
- Amazon to add 75,000 jobs as orders surge during lockdownsWith shoppers clearing shelves in fear of long-term quarantines or product shortages, companies are racing to keep food and health products...
- Wind turbine maker Nordex suspends production in SpainThe move takes the number of idled wind power factories in Europe to 15, as the impact of the pandemic reaches the renewables sector.
- Coronavirus impact: MRF, Maxxis India suspend production till April 14Similarly, Maxxis India said it has suspended manufacturing operations at its Sanand facility till April 14, 2020 in view of the lockdown t...
- Nestle, Coke suspend production temporarily over coronavirusThe country’s two biggest foods and beverage makers Nestle and Coca-Cola said on Tuesday that they are suspending production on a temporary...
- Ford decides to halt production in India, South Africa on coronavirus impactLast week, Ford moved to hoard cash, drawing down $15.4 billion from two credit lines and suspending its dividend. It has also abandoned it...
- Coronavirus impact: Honda Cars suspends production till March-endHonda Cars India Ltd said it has decided to suspend production at its two manufacturing plants in the country till the end of this month in...
- Coronavirus impact: Maruti Suzuki suspends production at Gurgaon, Manesar plantsThe company's two plants in Haryana -- Manesar and Gurgaon -- churn out 15.5 lakh vehicles per annum.
- Coronavirus impact: ArcelorMittal plans to cut production in EuropeThe statement issued by ArcelorMittal did not have any mention of the steel plant in Hazira, India but said at all global operations, the c...
- Coronavirus effect: Arcelormittal to cut steel production in EuropeAt all global operations we are following government and World Health Organisation advice and guidelines in order to protect employees and ...
- Consumer goods fly off the shelves as coronavirus spreads in IndiaDeliveries have been delayed and some items such as sanitisers have gone off shelves or are unavailable online. Retailers and fast-moving c...
- ArcelorMittal fears sales, profitability getting impacted in 2020 on coronavirus spreadThe Luxembourg-headquartered company is the world's largest steel producer with steel-making operations in 18 countries on four continents,...
- Maruti, Hyundai, Toyota say production schedules unaffected so far by coronavirus outbreak in ChinaThe companies, however, continue to monitor the situation closely, especially the operations of their major suppliers, in order to face any...
- As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
- Coronavirus dents TVS Motor’s supply chain; shares slip 5%COVID-19 has led to an impact on the supply of certain components for the production of BS-VI vehicles.
- Oil up 2.5% on slowing pace of coronavirus, US move on VenezuelaBrent crude was up $1.47, or 2.6%, at $59.22 a barrel by 12:17 p.m. EST (1716 GMT). U.S. oil was up $1.23 , or 2.4%, at $53.28 a barrel.
- Coronavirus-led disruption positive for our chemical biz: Rajendra Gogri, Aarti IndustriesGogri of Aarti Industries says coronavirus outbreak may increase demand from existing clients.
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