The Times Of India Business
NHAI puts GPS-based tolling on fast-track, invite bids for consultant
The National Highways Authority of India (NHAI) has fast-tracked the plan to launch the GPS-based tolling with one of its subsidiaries floating a tender to engage a technical consultant to prepare the roadmap.
Oxygen supplies run low as India grapples with coronavirus 'storm'
Indian authorities scrambled to shore up supplies of medical oxygen to hospitals in the capital, Delhi, on Wednesday as a fast-spreading second wave of coronavirus stretched medical infrastructure to breaking point, officials and doctors said.
Wisconsin deal touted by Trump shrinks from 13k jobs to 1,454
Taiwanese contract electronics manufacturer Foxconn will dramatically scale back its planned investment in an initially planned $10 billion Wisconsin plant, under an agreement announced with the state on Tuesday.
Lockdowns not a solution, will hit economy, force workers to leave: Maruti
Maruti chairman R C Bhargava said lockdowns and curfews are not a solution to tackle rising Covid cases as these would end up hurting the economy as well as lead to migration of the poor and labour from larger cities.
Hero MotoCorp to temporarily halt ops at all plants
The country's largest two-wheeler maker Hero MotoCorp on Tuesday said it is temporarily stopping operations at all its manufacturing facilities across the country, including its Global Parts Center (GPC), in the wake of a surge in Covid-19 cases across India.
Second wave's peak may be reached in mid-May: CEA
Amid surging coronavirus cases across the country, chief economic adviser (CEA) K V Subramanian on Tuesday said the peak for the second wave of the pandemic might be reached by the middle of the next month and expressed hope that its impact on the economy would not be large.
Pandemic has increased digital divide: Nilekani
Infosys chairman Nandan Nilekani said that the pandemic has accentuated a digital divide and technology companies should ensure that the benefits of going digital are also reaped by those, who for example, do not own a smartphone.
RBI activity in forex market balanced, says secy
India on Tuesday rejected grounds used by the US treasury department for putting the country on the currency manipulator watchlist, saying the central bank's activities in foreign exchange market were perfectly balanced and it was not accumulating forex reserves.
ITC to go beyond plastic waste neutrality next fiscal
Cigarettes-to-biscuits conglomerate, ITC, which has been solid waste recycling positive for over 13 years, is now all set to move beyond plastic waste neutrality next fiscal. The company will replace and recycle more plastic than it would use through its operations this year.
EPFO net new enrolments grow nearly 20% in Feb
Net new enrolments with retirement fund body EPFO grew by nearly 20 per cent to 12.37 lakh in February compared to the same month in 2020, according to the payroll data released on Tuesday, providing a perspective on formal sector employment amid the coronavirus pandemic.
Bharat Biotech ramps up Covaxin production capacity
To support vaccination campaigns in India and across the globe, Bharat Biotech has ramped up the manufacturing capacity of its Covid-19 vaccine, Covaxin, to 700 million doses per annum, the vaccine maker said on Tuesday.