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OXYGEN SUPPLY LOCALISATION
Semicon ecosystem players seek sops to meet chip goalsCompanies related to semiconductors have sought financial incentives, such as capital subsidies and rebates on power and taxes, to help ach...- India’s Covid cases near 5,500 mark as new variant spreads; Kerala leads surge, Maharashtra, Delhi followIndia has recorded over 5,300 active COVID-19 cases amid a slow but visible resurgence. The increase is attributed to new variants like NB....
- Economy expected to make a strong rebound: Deepak ParekhAccording to Parekh, the economic impact of the deadly second wave of the coronavirus is expected to be milder than the first wave, and lar...
- Mayday: Consumer goods’ sales crash amid second wave disruptionWhile sales of TV sets, air-conditioners, refrigerators and washing machines in May plunged 65% over April, smartphone sales fell well over...
- Third wave action plan: Focus on green channel for drugs, local oxygen, hospital careThe Centre’s Empowered Groups have identified three key areas — oxygen supply localisation, green channel for drug supplies and hospital re...
- Core portfolio of Cipla very strong, momentum intact: Umang VohraIndia will need a stockpile of Covid drugs to prepare for the next wave, says the Cipla Global CEO.
- Fuel demand 15-20% lower till date, says IOC chairman“All the petrochemical plants, all the refineries and all the other assets are working fine.”
- PM Modi for door-to-door testing in rural areas, calls for oxygen distribution plansIn a high-level meeting a day after he called for readiness in rural areas to combat the Covid-19 pandemic, the PM discussed the overall si...
- PM Modi reviews COVID situation, says localised containment strategies need of hourPM Modi has been holding regular review meetings on the pandemic situation and taking measures as he spearheads the drive to curb the secon...
- Karnataka to float global tender to procure 2 crore COVID-19 vaccinesChief Minister B S Yediyurappa said a Task Force has been set up to oversee the preparation for a probable third wave of COVID-19.
- View: With Covid affecting factory floors, supply needs to be managed — item by item, sector by sectorInstead, one could look at the relative severity of the infection and its impact on production. There is some anecdotal evidence to suggest...
- RBI announces new series of measures to help businesses beat second wave bluesSmall businesses and retail borrowers got special focus from the regulator in this latest round of Covid relief measures. The RBI announced...
- Waiting to inhaleIn today's ETtech Morning Dispatch: Paytm to import oxygen plants; Mobility sector faces a tougher path ahead; and Swiggy's four-day week i...
- Auto dealers expect demand to fall further amid local curbsSeveral dealers ET spoke to said walk-ins in markets that were open had also dropped by 35% in the passenger vehicle segment and 75% in two...
- Plan closures, track rural economy, says HUL chairman Sanjiv MehtaThe head of India’s biggest consumer goods firm said there had been minimal disruption so far due to closures during the current Covid-19 w...
- Facebook to roll out vaccine finder tool on mobile app in IndiaThe social media giant had, earlier this week, announced a $10 million grant for emergency response efforts for Covid-19 situation in the c...
- Industry in recovery mode, Budget proposals on course: Nirmala Sitharaman"We have to wait and watch a bit and then we have to take a call...but at the moment activities are all happening, industry is still on its...
- COVID impact: IBA asks SLBCs to take decision on functioning of banks based on local situation"We are also suggesting SLBC convenors to separately call meetings of all stakeholders including Chief Medical Officers and senior level go...
- View: India needs more than curve-flattening curbsMigrant labourers and the homeless should be provided shelter and food in small groups in large convention halls, schools, parks, and stadi...
- Lumax taps opportunities in car, emission control productsThe high-margin aftermarket segment fell to 14% in the June quarter against 19% in the last fiscal.
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