As India is reeling under the COVID-19 second wave, the ever-increasing demand for medical oxygen across the country has forced the Centre to impose restriction on its industrial use.

The Q4 FY21 results depicted Greaves Cotton’s growth momentum with net profit at Rs 140 million and revenue at Rs 5.2 billion.

Mahindra has pressed into service 100 vehicles to overcome the transportation bottleneck with safe and quick transportation to deliver oxygen cylinders ‘on demand’

The Government’s decision to bar the use of industrial oxygen will temporarily affect small and mid-sized companies focused on metal fabrication, automotive components, shipbreaking, paper and engineering works.

The Honda Motorcycle and Scooter India Pvt Ltd (HMSI) will be bringing in 100 associates to a new business vertical with the intent to increase its export volume of two-wheelers from India.

With this platform, Continental will provide future vehicle manufacturers and partners with a development environment for software-intensive vehicle architecture that they can use to implement software, sensor and big data solutions in a fraction of the development time needed before.

According to a recent report by EY, the pandemic has exerted excess pressure on smaller auto component suppliers by causing late payments, shorter cash cycles, and increased outstanding payment periods

The business has supplied over 60,000 units of various equipment in India.

Company has also newly developed a unit boasting a maximum output in the 350 kW class (operating voltage of 800V) intended for installation and use in hyper-EVs and other high output applications.