Business

Covid: Anil Agarwal pledges Rs 150-Cr

Covid: Anil Agarwal pledges Rs 150-Cr

Mr. Anil Agarwal, Chairman of Vedanta, India’s leading producer of metals and oil & gas, has pledged Rs. 150-Cr to help the country in its fight against the rapidly spreading second wave of Covid-19. This is over and above Rs. 201-Cr that was spent by the Vedanta group last year. Vedanta Limited will create additional capacity of 1,000 critical care beds in 10 cities pan-India. Each facility will have 100 beds in an air-conditioned tent with full electrical support and designed specifically for Covid care. Mr. Anil Agarwal said, “Vedanta group has come forward to pledge Rs 150-Cr towards its commitment to…
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Sany launches 4 new truck cranes

Sany launches 4 new truck cranes

As the nation is ushering into new emission standards - Sany India, a global leader in the CE Industry has successfully embraced the Bharat CEV Stage IV norms and  upgraded & launched four new truck cranes - STC250C, STC450C, STC600C, and STC800C. Adhering to the new emission norms, the new truck cranes have been manufactured at Sany India’s manufacturing plant at Chakan in Pune to boost the government's ‘Make In India’ programme. Mr. Sanjay Saxena Senior Vice-President & Head of Heavy Equipment Business Unit, Sany Heavy Industry India Pvt. Ltd, said, “We are very proud that we have successfully launched 4 models of truck…
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Greenlam Industries launches exclusive display center

Greenlam Industries launches exclusive display center

Greenlam Industries Limited has brought its flagship brands – Decowood Veneers and Mikasa Floors to Siliguri. ‘Shree Shyam Ply & Décor’ showroom will feature an exclusive display of Decowood Veneers and Mikasa Floors’ product range at Gem house, Sevoke Road, Siliguri. The launch was attended by architects, interior designers and dealers. The showroom was inaugurated by Mr. Subhas Choudhary, owner of Jalpaiguri Glass House. This is the first exclusive display center in the city which will make it easier for the consumers to choose from a variety of products available in the market. With a product range of over 100…
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Apple has warned of potential product shortages later in the year.

Apple has warned of potential product shortages later in the year.

A computer-chip shortage has been accelerated primarily by pandemic-driven disruptions over the past year. Industries around the world are struggling to meet a surge in demand for products such as cars, high-tech gadgets and smartphones. And Apple chief executive Tim Cook says supply issues could affect products that feature its own M1 chip, which include the new iPad Pro and iMac 2021. The shortage could threaten Apple's profits, which it revealed on Wednesday were up 54% year-on-year. "We expect to be supply-gated, not demand-gated," Mr Cook told analysts. "The shortages primarily affect ‌iPad‌ and Mac. "We have a good handle on…
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Indian-American non-profit body Sewa International, dispatches 2,184 oxygen concentrators.

Indian-American non-profit body Sewa International, dispatches 2,184 oxygen concentrators.

Houston-based Indian-American non-profit body Sewa International, which has raised nearly $8 million towards Covid-19 relief efforts in India, has dispatched the first batch of 2,184 oxygen concentrators from Atlanta. The organisation has also ramped up its social media fund-raising goal from the earlier $5 million to $10 million now. Sewa said the oxygen concentrators left Atlanta for New Delhi by air on Thursday. United Parcel Service (UPS) Foundation is carrying the cargo free of cost, it added. (Photo: Twitter/Sewa_Intl) “Thanks to UPS Foundation for carrying our cargo free of cost, making all arrangements, and giving full cooperation to move the material. India team has…
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The United States will be sending supplies worth $100 million as Covid relief to India.

The United States will be sending supplies worth $100 million as Covid relief to India.

The United States is sending supplies worth more than $100 million to India to help it fight a surge of Covid-19 cases, the White House said in a statement on Wednesday. The supplies, which will begin arriving on Thursday and continue into next week, include 1,000 oxygen cylinders, 15 million N95 masks and 1 million rapid diagnostic tests, the statement said. The United States also has redirected its own order of AstraZeneca manufacturing supplies to India, which will allow it to make over 20 million doses of Covid-19 vaccine, according to the White House. “Just as India sent assistance to the United…
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OPPO A53s 5G – India’s most affordable 5G phone

OPPO A53s 5G – India’s most affordable 5G phone

OPPO launched the all new OPPO A53s 5G – the sleekest and the most affordable 5G-ready phone in the pocket-friendly segment. The phone offers up to 8 GB memory and is powered by MediaTek’s Dimensity 700 chipset. OPPO A53s 5G support a fast 5G network connection. Dual SIM Dual Standby (5G) enables the user to use two 5G SIM cards. OPPO A53s 5G won’t slow down the connection as LinkBoost connects the phone to both a Wi-Fi and 5G signal to run multiple tasks seamlessly. OPPO A53s 5G comes with 128GB of storage through a Micro SD slot and a…
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Road development in the north-eastern region increases by 95%

Road development in the north-eastern region increases by 95%

The north-eastern region in India has gained an increased emphasis from the government, with a renewed focus on infrastructural development in the region in tandem with the Act East policy. The repercussions of the pandemic-induced lockdown and the subsequent intensification of construction activities across the country let the Indian construction sector is on course to grow by 11.6% in CY2021. The growth has been fuelled by the resumption of construction activities across the country. In November 2020, the government increased its allocation for road development in the north-eastern region by 95%, pressing on the need to recommence pending infrastructural projects.…
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CEO of Vedanta’s Iron & Steel sector – Sauvick Mazumdar

CEO of Vedanta’s Iron & Steel sector – Sauvick Mazumdar

Vedanta is all set to drive the next phase of sustainable growth in the Iron & Steel sector with the strategic elevation of two industry veterans. Sauvick Mazumdar, CEO of Vedanta Iron and Ferro Alloys Business, has been appointed as CEO of Vedanta’s Iron and Steel Sector, while NL Vhatte, who was Director, Vedanta – Value Added Business, will take up the role of CEO- ESL Steel. Sauvick Mazumdar has been associated with the Group for almost 25 years and has diversified experience in Iron & Steel sector including mining, exploration, logistics, iron making and business development. He was appointed…
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Stellantis announces key leadership appointments

Stellantis announces key leadership appointments

Stellantis India & Asia Pacific has announced key leadership appointments for its operations within India and in the region. Mr. Roland Bouchara has been appointed as the CEO & Managing Director for Stellantis in India with full responsibility for the Jeep and Citroën national sales companies (NSCs), coupled with the Group’s manufacturing operations. Since 2017, Roland has successfully led the Citroën India operations as the Senior Vice-President of Sales and Marketing for the brand. Prior to joining Groupe PSA in 2017, Roland held several key leadership positions at Renault including, Managing Director UK, Head of Europe NSCs (Germany, UK, Spain…
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