State Vs State Over Oxygen: How Did We Come To This? | India Development Debate
The news on the COVID front, unfortunately, continues to be grim. India has crossed a daily count of 3 lakh cases and counting. The health care infrastructure continues to break under the pressure of more patients and the blame game continues. If last week was all about shortages of key Covid drugs like Remdesivir, now it’s all about oxygen. On the show tonight, we speak with
Fortis Hospital whose centres put out public appeals because they had a few hours of oxygen left for patients, Rahul Mehra, who argued on behalf of the Delhi Government in the Delhi HC last evening, SC Garg a former top bureaucrat on why the federal structure is looking so flimsy right now and Saket Tiku of the All India Gas Mfg Assoc to understand why oxygen is in such short supply.
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April 22, 2021
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Coinswitch Kuber becomes the next Tiger Global Beneficiary with $25 MN Investment | StartUpCentral
On StartUpCentral today catch up on the latest developments on Tiger Globals latest investments. The man incharge of this flourishing start up Ashish Singhal joins us to talk about the big news and achievement of this crypto currency platform Coinswitch Kuber. He talks about the vision of becoming the biggest crypto company in india with a progress of valuation nearly half a billion in the past 10 months. Further on Ashish comments on this crypto craze and explains why all investors are running towards crypto day by day. With over 4.5 MN current users, Coinswitch is targeting to onboard upto 10 mn by the end of 2021. Find our more about this crypto startup.
Watch!
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April 22, 2021
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Tiding over cash crunch with credit cards? | The Money Show
On The Money Show , the discussion pans out on the ideal extent of using credit cards and why loads are better in comparison to them with Loan Adda Founder, Anshuman Mishra. He talks about tips on smartly using a credit card and how to move to benchmarks to linked loans. As the conversation takes shape he suggest that credit cards shouldn’t be used to tide over cash crunch as there a 41% charge Rate of Interest unless it’s absolutely necessary and only if you can pay off the debt in 45 days where as loans are rated at 10-12% interest. However, this 45 day cycle can also move in your favor as there is no extra fee on the amount if you pay within that duration.
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April 22, 2021
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How to Avert a Financial Crisis in these testing times? | The Money Show
On The Money Show today dig into a discussion about how loans and cash should be managed in an emergency that the pandemic may bring about. In conversation with personal finance expert Harsh Roongta, get your hands on the best tips and tricks to manage finances during a cash crunch. He gives a detailed brief on the best choice to make according to different situations amongst bank loans, personal or gold loans, Credit cards. He throws light on how to avert a 2020 like financial crisis and ways to prep for an anticipatory hit to income among other things. Fin out more about finance management in this Covid crisis.
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April 22, 2021
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MHA issues order amidst oxygen supply shortage in the country
The Ministry of Home Affairs passes an order today that allows no restrictions on transportation of medical oxygen between states." The availability of adequate and uninterrupted supply of Medical Oxygen is an important pre-requisite for managing moderate and severe cases of COVID-19 and with the increasing cases, the medical oxygen supply will need to keep pace with the requirements of the States/ UTs," the MHA said in a statement.
In its order, MHA stressed, " No restriction shall be imposed on the movement of Medical Oxygen between the State and transport authorities shall be instructed to accordingly allow free inter-state movement of oxygen-carrying vehicles."
It also said that no authority shall attach the oxygen-carrying vehicles passing through the district or areas for making supplies specific to any particular district(s) or areas. It reiterated that no restrictions shall be imposed on oxygen manufacturers and suppliers to limit the oxygen supplies only to the hospitals of the State/ UT in which they are located
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April 22, 2021
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Markets Erase Early Losses, Close Firm
Indian markets erased early losses and closed in the green. Nifty Futures closed at the day's high up 0.8% above the 14400 levels. The broader markets outperformed the benchmark indices, 94 F&O stocks closed favouring the advances. Metal index outperformed with Tata Steel, SAIL as key gainers, while auto, FMCG, IT stocks underperformed. ICICI Securities climbed 5% after a robust Q4 earnings. the company had the highest ever client addition in a quarter. Tata Steel Long Products and Swaraj Engines were some other stocks buzzing on the back of their Q4FY21 earnings. Here's ET NOW's Ayesha Faridi with a detailed wrap on today's market action. Watch!
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April 22, 2021
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How ready is the CoWIN platform to implement new vaccine policy? | RS Sharma to ET Now
In an exclusive conversation with ET Now, Dr. RS Sharma, the Chief Executive Officer (CEO) at National Health Authority (NHA) joins in to discuss the recent announcement on the COVID vaccination drive in India which has opened up for all those above the age of 18 years. The registration for all those eligible to be inoculated shall begin on Saturday. Dr. SHarma shares his insights on how ready is the CoWIN platform to implement a new vaccine policy announced by the government of India. Watch the full interview here. Stay updated with the latest news and breaking stories only on ET Now.
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April 22, 2021
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Indian pharma companies shine amid COVID crisis, exports surge | Ravi Uday Bhaskar to ET Now
In an exclusive conversation with ET Now, Mr. Ravi Uday Bhaskar who is the Director-General at Pharmaceuticals Export Promotion Council of India joins in to discuss the pharma sector on the fundamental and exports side in India. The exports in FY21 was higher by almost 20% almost nudging 25 billion dollars. Bhaskar shared his views on how he sees this going forward and where he thinks it'll head to. He also said that the growth can be attributed to the big surge in demand for `Made in India' generics that are known for their quality and affordability. Watch the full interview here.
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April 22, 2021
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Will COVID testing count drop post inoculation? | Ashish Kapur to ET Now
As the vaccination gate has opened up for all above the age of 18 years in India, it is likely that the majority of the population will now be able to get vaccinated against the deadly coronavirus. There are speculations rising that with the increasing chances of getting vaccinated and with more number of people receiving the COVID inoculation, it is possible that the testing count will reduce which can be a great risk. Listen in to this exclusive conversation with Ashish Kapur to get an insight on this. Keep watching ET Now for the latest news and stay updated.
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April 22, 2021
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Delhi CM Arvind Kejriwal briefs media, extends gratitude towards centre for providing oxygen
Delhi Chief Minister Arvind Kejriwal briefed the media on the issue of oxygen supply and how there is an acute shortage with respect to that. Chief Minister Arvind Kejriwal also added that, there has been a shortage of oxygen in Delhi. Arvind Kejriwal also added that Delhi does not produce oxygen and centre will now decide which company will produce oxygen for which state. He further adds, 450 MT oxygen has been allotted by Centre and the Kejriwal government is trying to transport oxygen via airways. Watch the video to know more about the oxygen crisis in Delhi!
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April 22, 2021
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Hero MotoCorp announces strategic partnership with EV manufacturer Gogoro
Hero MotoCorp has announced it has entered a strategic partnership with Taiwanese electric scooter manufacturer Gogoro to tap into India’s nascent EV two-wheeler space. Here are the key takeaways from the recent announcement by Hero Moto
• Hero Motocorp announces strategic partnership with Taiwan based Gogoro
• Companies will establish a battery-swapping joint venture
• Companies will collaborate on electric vehicle development
• JV to bring Hero-branded, powered by Gogoro Network, vehicles in India
• Dense charging network of swapping stations helps in addressing range anxiety issues
• Details on partnership structure, launch timelines and investments not yet out
• The JV will be majority owned by Hero
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April 22, 2021
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Taking stock of India's medical oxygen
As India grapples with a tsunami of COVID cases, the country's hospitals seem to be choked off Oxygen supply. Here we analyse India's production vs current demand. As per a report, the demand for Oxygen has surged to 5000 tn per day vs pre COVID levels of 700 tn. India's production stands at 7200 tn per day. Inox Air products says the supply as on date is sufficient to meet demand. However, with case flows steadily rising, this equation hangs in the balance. Further, Oxygen production and supply is largely from the East while its demand is from Maharashtra, Gujarat, Delhi and UP. Coupled with the lack of price caps these factors are leading to a surge in pricing of Oxygen.
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April 22, 2021
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Mid Day Movers | Sensex up more than 120 points; ICICI Securities climbs 5.2%
Indian markets erase losses to trade in the green. Sensex up more than 120 points to trade around the 47800 levels while Nifty up 0.4% to trade above the 14300 levels. The broader markets outperforming the benchmark indices. Metal index outperforms, while auto and FMCG stocks underperform. ICICI Securities climbs 5.2% after a robust Q4 earnings. the company had the highest ever client addition in a quarter. Tata Steel Long Products and Swaraj Engines are some other stocks buzzing on the back of their Q4FY21 earnings. Vinnii Motiwala is here with the list of other stocks in focus this afternoon.
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April 22, 2021
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Earnings Dhamaka | Tata Steel long products
In line with the high expectations from the Ferrous space in Q4, Tata Steel Long has delivered a great set of numbers. The specialty Steel maker has picked up from the growth pace seen in Q3. Topline grew 53% YoY, margins expanded to 32.3% in Q4FY21 from 13% in Q4FY20 and 30% in Q3FY21. The EBITDA improvement is significant aided by the surge in realisations. After a Rs. 10,000/tn uptick in blended realizations in Q3, the realizations improved by another Rs. 3900 in Q4.
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April 22, 2021
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Tata Steel Long Products Q4 results; Centre increases oxygen quota | Buy Now Sell Now
In this episode of Buy Now Sell Now, we take a look at how the markets are faring today. We take a look at the earnings from Tata Steel Long Q4. Tata Steel Long Products Ltd has reported a consolidated net profit of Rs 339.86 crore during the fourth quarter of FY21 as against a loss of Rs 133 crore during the same period last year. The company’s total revenue from operations was recorded at Rs 1,546 crore a jump of 53% during the quarter under review. Watch the full video to know more about this. We also take a look at the oxygen crisis that is happening in the country and how the Centre is dealing with it. Listen in!
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April 22, 2021
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Salman Khan's 'Radhe' to be an OTT release
Zee has bought all rights (theatrical/satellite/digital) for Salman Khan’s ‘Radhe’ for `230 cr and will not be waiting for cinemas to re-open given the uncertain environment on May 13th. Analysts say that skipping cinema release is on expected lines given the 2nd wave of COVID and we may see some more small/medium budget films too to hit the direct OTT route as cinemas are shut. Multiplexes have a ray of hope down the line due to big starrer films like Sooryavanshi & 83–The Film, vaccination opening up for all ages, liquidity issues addressed due to recent fund raising and rentals expected to move to revenue-share in medium term.
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April 22, 2021
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Investment ideas for the day from stock market experts | High Risk Low Risk Ideas | ET Now
Strike the right stock investments with High Risk Low Risk ideas on ET Now. Top market experts share their stock investment recommendations for today's trading session.
ET finance experts have suggested buys on PI Inds and Titan. SAIL has also been recommended at a high-risk scale.
Watch the full video to know more about these stocks and understand from the market experts themselves why they are the best buys from the stock market today. Get your hands on some pro tips and tricks to make the right investments and generate maximum profits. Get the best investment advice today from ET Now market experts.
#MoneyMakingTips??????? #TopTradingIdeas??????? #HighRiskLowRisk
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April 22, 2021
vFXV3uZHO5A
Need government support for restaurant industry to survive: NRAI
Anurag Katriar, President, National Restaurant Association of India (NRAI) spoke to ET NOW about the beleaguered restaurant industry that seen another body blow due to the second wave and what the future of the industry looks like. “The first wave was back breaking for restaurant industry with 30% restaurants shutting down completely.
QSR, home deliveries and cloud kitchen forms 10-15% of revenues.” Katriar hopes the Government extends support in the form of ensuring e-curfew passes, permissions being smooth for home deliveries. “The Govt needs provide liquidity support, moratoriums, less collateral to the restaurant industry.”
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April 22, 2021
6jMOy0Pmapw
3.14 lakh COVID cases; Nestle delivers numbers; SII introduces Covishield cost | Top News
1. It was a weak start to trade after the mid-week market holiday, with the benchmark indices losing about 1% each. The Nifty hit a low point of 14,151 – that’s the lowest since Feb 1.
Since then, the benchmarks have recouped some losses.
2. 3.14 Lakh COVID cases reported in India in the last 24 hours, this is the highest record anywhere in the world from localised states like Maharashtra, meanwhile centre increases oxygen quota for worst hit states amidst acute shortage.
3. Serum Institute of India (SII), the world's largest vaccine producer, has announced a price of Rs 600 per dose for COVID vaccine supplies to private hospitals and Rs 400 per dose to state governments.
4. According to State Bank of India’s Managing Director Ashwani Bhatia, if more lockdowns are announced loss of lives and livelihood may repeat this year also. It is too early to speak on delinquencies, he says.
5. Resilience on the earnings front, Tata Steel product rallies after posting sharp pact growth in Q4, a similar rebound for Nestle as the FMCG gaint delivers double digit growth.
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April 22, 2021
J0Bk55Jn0wU
Share Market Tips LIVE | Buy Now Sell Now | Ask Your Stock Related Queries LIVE | #AskETNow
Confused about your portfolio? Which stock should you buy or sell now? Ask ET NOW & get all your stock specific queries answered LIVE by top market experts on Buy Now Sell Now.
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April 22, 2021
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