For the sustainability of these manufacturing operations and to ensure that needy hospitals in the country are made aware of this opportunity, a website, http://oxygengenerator.co.in, has been created to spread this information and channelise enquiries and orders so that manufacturing and deliveries can be planned for the future, the release added. New Delhi: Haryana Chief… Continue reading Haryana CM opens Oxygen PSA generation plants donated by Maruti Suzuki in 3 hospitals
Author: Economic Times of India Online News
M&M posts net profit of INR 163 crore in Q4FY21
M&M’s critical efforts to realign its capital allocation strategy also showed signs of bearing fruits as the exceptional loss reported in the quarter by the company fell to Rs 840 crore from Rs 3,578 crore a year ago. MUMBAI: Mahindra & Mahindra and Mahindra Vehicular Manufacturing today reported a combined net profit of Rs 163… Continue reading M&M posts net profit of INR 163 crore in Q4FY21
Robert Bosch GmbH extends medical package to India to fight COVID-19
Besides the current aid, Bosch India had pledged INR 50 crore last year for fighting the spread of COVID-19. Bengaluru: Bosch India has handed over the medical aid received from its parent company, Robert Bosch GmbH, to NITI Aayog as part of its initiative to combat the second wave of the COVID-19 pandemic in India.… Continue reading Robert Bosch GmbH extends medical package to India to fight COVID-19
Maharashtra’s target is 10 e-vehicles per 100 registrations by 2025
MUMBAI: At least 10per cent of all new vehicle registrations will be electric cars, bikes and other e-vehicles by 2025, states the new draft electric vehicle (EV) policy 2021. It now awaits a final nod from the state cabinet. The state government has also proposed that from April, all new government vehicles will be electric… Continue reading Maharashtra’s target is 10 e-vehicles per 100 registrations by 2025
Spend, government, spend, to trigger growth
Given that non-farm income comprises more than 60% of rural income, the case for income support schemes to spur rural demand is compelling. At this juncture, says the RBI Annual Report, the Indian economy is at a cusp. A combination of public and private investment can lead on to fast growth. However, private investment has… Continue reading Spend, government, spend, to trigger growth
EV adoption vs EV charging stations: a chicken-egg dynamic
Given the importance of EV charging stations to the growth of the EV market, Rabe offers three key takeaways. Jessica Rabe, co-founder of DataTrek Research, is out with some comments on electric vehicles. Rabe believes their adoption will come down to infrastructure, and not the car or truck itself. By infrastructure, Rabe means charging stations,… Continue reading EV adoption vs EV charging stations: a chicken-egg dynamic
CII Tamil Nadu maps more than 10 lakh workers for vax drive
The employees and workers belong to 1,397 member companies of CII in the state and they include temporary and outsourced staff. CHENNAI: The Confederation of Indian Industry (CII) Tamil Nadu chapter has mapped more than 10 lakh employees and workers of the CII member companies in the state to prepare them for vaccination. The employees… Continue reading CII Tamil Nadu maps more than 10 lakh workers for vax drive
World faces longer supply shortage as China’s factories squeezed
Due to the vast size of China’s manufacturing sector, that poses a risk both to the nation’s growth — which is currently predicted to reach 8.5% in 2021, according to a Bloomberg tally of economists’ estimates — and to a global economy that’s grappling with supply shortages and rising prices. Eric Li’s factory making glass… Continue reading World faces longer supply shortage as China’s factories squeezed
Maruti Suzuki India making efforts to enhance production of oxygen generators
“Maruti Suzuki decided to involve itself in scaling up production of oxygen generators by small scale units to help overcome the critical shortage of oxygen. We have, in less than a month, increased output levels by more than 10 times,” Maruti Suzuki India (MSI) India Chairman R C Bhargava said. The country’s largest carmaker Maruti… Continue reading Maruti Suzuki India making efforts to enhance production of oxygen generators
U.S. consumers borrow more for longer to drive trucks and SUVs
Experian’s senior director of automotive financial solutions. CUV is an acronym for car-like, crossover utility vehicles such as the Toyota RAV4, a best seller in the category. DETROIT: U.S. consumers borrowed more for longer in the first quarter of 2021 so they could drive more expensive trucks and sport utility vehicles, according to a new… Continue reading U.S. consumers borrow more for longer to drive trucks and SUVs