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Ashok Leyland expects plants to be operational only for up to 10 days in June

Ashok Leyland expects plants to be operational only for up to 10 days in June
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Last Updated: Jun 01, 2021, 11:19 AM IST
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Synopsis
Last month, Ashok Leyland had announced it has curtailed production at its manufacturing plants due to dip in demand with second wave of COVID-19 sweeping across the country.
Agencies
Ashok Leyland on Tuesday said its manufacturing plants will be operational only for up to 10 days in the month of June due to lower demand and lockdown in states where its plants are located.
Our plants are still not fully operational due to lockdown that is ongoing in the states where our plants are located. We expect the opening up announcements by the respective state governments in a phased manner, resulting in impact of our operations in the month of June 2021 also, Ashok Leyland said in a regulatory filing. ....

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Western drug firms bypass India, buy APIs directly from China

Chinese pharmaceutical producers have seen a rising trend of inquiries from clients in the US and some European countries that used to go to India for medicine supplies, as the ongoing coronavirus epidemic in India posed production and logistics disruptions. ....

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ACWA Power signs MoU with Neutral Fuels to supply Red Sea Project

ACWA Power signs MoU with Neutral Fuels to supply Red Sea Project
June 01, 2021
ACWA Power and Neutral Fuels virtual signing ceremony.
RIYADH ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biofuel producer, for future collaboration on the supply of its Net Zero Biofuel for Saudi Arabia’s most ambitious regenerative tourism project on the Red Sea coast.
The ACWA Power-led consortium was awarded The Red Sea Development Company’s highest value contract to design, build, operate and transfer The Red Sea Project’s sustainable utilities infrastructure in November 2020. ....

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Can China accommodate production shift from Southeast Asia?

The fierce new COVID-19 wave across Southeast Asia - home to about one-fourth of the world s population - has prompted some manufacturing orders originally sent to the region to shift to China in recent months, in what could be the start of a long-term trend of production relocation as a result of the pandemic, according to factories and industry analysts.
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Welcome To IANS Live - LatestNews - West Bengal gets Rs 7,000 cr grant for Jal Jeevan Mission

Photo Credit: IANS
IANSLive
New Delhi, June 2 (IANS) In an attempt to provide every household with assured tap water supply on regular and long-term basis, the Centre has allocated Rs 6,998.97 crore grant to West Bengal under Jal Jeevan Mission for the year 2021-22, an official statement said on Tuesday.

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