Post Tagged with: "Covid-19"

Preparing For The Third Wave

Preparing For The Third Wave

The automotive industry can offset the impact of the third wave of Covid-19 by mapping tier suppliers among other initiatives writes Manav Kapur, Executive Director, Steelbird International. The health ministry has said that the third wave of Covid-19 is now imminent and India should start to prepare itself for the new mutant of novel Coronavirus. The outbreak of the pandemic[Read More…]

by September 17, 2021 Special Report
Goodyear India Limited Reports First Quarter Fiscal 2022 Results

Goodyear India Limited Reports First Quarter Fiscal 2022 Results

Press Release Total income of Rs 540 crore, up 131% versus the previous year Profit after tax of  27 Crs compared to a loss of 4 Crs last year Operating results impacted by COVID-19 related lockdowns in several major urban areas  The Board of Directors of Goodyear India Limited, on 12th August 2021, approved the Company’s unaudited results for the[Read More…]

by August 13, 2021 Press Release
Hero Motocorp helps build COVID ward at Janakpuri super speciality hospital in Delhi

Hero Motocorp helps build COVID ward at Janakpuri super speciality hospital in Delhi

As the nation fights the COVID-19 pandemic, Hero MotoCorp has extended its support towards the creation of a 50-bed COVID Ward and ICU at the Janakpuri Super Specialty Hospital in New Delhi. As a part of the initiative, the company has provided 30 Fowler beds (SSC 906) and 20 ICU 5 Function Motorized beds including mattress and installation, two ECG Machines, 20 Bipap[Read More…]

by July 23, 2021 News
JK Tyre joins hands with Ki Mobility Solutions

JK Tyre joins hands with Ki Mobility Solutions

Indian tyre manufacturer JK Tyres partners up with Ki Mobility Solutions to boost its retail presence in the market. The partnership will benefit from over a 1000 outlets across the country under the “MyTVS” venture of Ki Mobility Solutions. The partnership will enhance product and service value through facilities like total wheel alignment, automatic tyre changing, nitrogen inflation and radial[Read More…]

by July 14, 2021 News
Mohan Kumar passed away

Mohan Kumar passed away

Michelin India announced with deep sorrow and profound grief the passing away of Mohan Kumar, Executive Vice President – Michelin India earlier in May 2021 due to Covid-19 related complications. Referring to him as a valued member, the company credited him for establishing the Michelin brand in the country. Calling it an untimely loss to Michelin India and the automotive[Read More…]

by July 6, 2021 Uncategorized

Index of Industrial Production April 2021

For the month of April 2021, the quick estimates of Index of Industrial Production (IIP) with base 2011-12 stand at 126.6. The IIP for the manufacturing sector for the month of April 2021 stands at 125.1. It must be noted that the quick estimates will undergo revision in subsequent releases as per the revision policy of IIP. The use-based classification[Read More…]

by July 5, 2021 News
BorgWarner Publishes 2021 Sustainability Report, Showcases Significant Achievements and High-Reaching Goals

BorgWarner Publishes 2021 Sustainability Report, Showcases Significant Achievements and High-Reaching Goals

Press release | Eighty-five percent of company revenue in 2020 came from electric and emissions-reducing hybrid and combustion products Committed to being carbon neutral in operations by 2035 Pay equity analysis shows near-parity as on average women are paid 98.7% of what men are paid, and in the U.S. minorities are paid 99.8%+ that of non-minorities BorgWarner expanded its supplier[Read More…]

by June 16, 2021 News, Press Release
Steel manufacturers allow states a breather

Steel manufacturers allow states a breather

Steel manufacturers deserve a mention for their sterling efforts to help the ailing healthcare infrastructure in the country meet its oxygen requirements amidst a pan India oxygen emergency crisis in the aftermath of the second wave of Covid-19. For instance, led by Chairman Naveen Jindal, steel manufacturer Jindal Steel and Power Ltd. over the month diverted huge reserves of oxygen[Read More…]

by June 4, 2021 Manufacturers, News
RBI measures to deal with the second wave

RBI measures to deal with the second wave

Reserve Bank Of India, Governor , Shaktikanta Das announced measures to deal with the second wave of Covid-19 earlier in May. In his address, he said, “The global economy is showing signs of recovery; activity remains uneven across countries and sectors, clouded by downside risks.” Of the view that localised and targeted containment measures enabled businesses to adapt, he opined[Read More…]

by June 4, 2021 News
E-mobility: A dream to pursue despite Covid-19

E-mobility: A dream to pursue despite Covid-19

How persevering to ramp up electric mobility could be a catalyst for post-Covid recovery. Story by: Suvojoy Sengupta and Brajesh Chhibber India’s extended Covid-19 lockdown has slowed down the economy, and recovery could take time. As the government chalks out revival strategies and makes crucial decisions of spending allocation, a thrust on electric mobility has the potential to catalyse recovery[Read More…]

by August 29, 2020 Special Report