OXYGEN SUPPLIER
Air Liquide India sets up manufacturing unit in Mathura with Rs 350 cr
Air Liquide India is a key supplier of industrial gases to hospitals and industries from its various production facilities situated in northern and western regions of India. Air Liquide India Managing Director Benoit Renard said, "This new plant is a key step in our expansion, fostering growth in both industrial and healthcare sectors throughout the region".
Rangsons Aerospace signs pact with Boeing to supply tubes, ducts
Rangsons Aerospace has signed a five-year contract with Boeing to supply tubes and ducts for aerospace systems, marking Boeing's first collaboration with an Indian supplier. The strategic alliance strengthens Rangsons' position as a key contributor to the aviation supply chain, extending from India to the US and Israel.
US imports of some Apple Watches banned while patent case plays out
Apple on Wednesday failed to convince a federal appeals court to allow U.S. imports of Apple Watches with technology for reading blood-oxygen levels while it challenges a government tribunal's decision that the devices infringe patents belonging to medical technology company Masimo.
US imports of some Apple Watches banned while patent case plays out
Amid a legal clash with medical tech firm Masimo, a U.S. appeals court bans Apple from selling Series 9 and Ultra 2 Apple Watches featuring a disputed blood oxygen feature. Apple's shares dip 0.5%, and analysts predict a potential year-long legal battle. As Apple faces the import ban, constituting a quarter of the global smartwatch market, industry watchers anticipate the disabling of the contentious feature, temporarily complying with the ruling. The court decision underscores the importance of respecting intellectual rights, signaling potential repercussions for patent infringement.
Delta-wary MSMEs brace for Omicron impact
The coronavirus pandemic has crippled small businesses and sucked out liquidity from the ecosystem. But the discovery of another variant shows the worst is far from over for the MSMEs.
Market Movers: Why are stocks of oxygen suppliers soaring on Dalal Street?
While the surge in shares of oxygen suppliers like Refex Industries and Linde India may not indicate that a third wave is coming soon, the move is related to the preparation towards that eventuality.
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India, US stand united in addressing scourge of terrorism; support transparent infrastructure: S Jaishankar
Jaishankar said India and the US support bolstering regional economic connectivity through transparent development of infrastructure and the use of responsible "debt-financing practices", while ensuring respect for sovereignty and territorial integrity, the rule of law and the environment.
No deaths due to lack of oxygen specifically reported by states, UTs during second COVID wave: Centre
Responding to a question on whether a large number of COVID-19 patients died on roads and hospitals due to acute shortage of oxygen in the second wave, Minister of State for Health Bharati Praveen Pawar noted that health is a state subject and states and UTs regularly report the number of cases and deaths to the Centre.
Special incentives for oxygen manufacturing units in Karnataka
"The manufacturing capacity is 815 MT and storage capacity is 5,780 MT. To increase the capacity, if any entrepreneurs come forward, we will give them incentives," he told reporters after the cabinet meeting.
Northeast, hill states, tribal areas & rural hinterland set to get 1 lakh oxygen cylinders, over 1.2 lakh concentrators
Top officials told ET that remote locations spread throughout the northeastern states, tribal areas in Jharkhand, Chhattisgarh, Telangana and Andhra Pradesh, the hilly regions of Uttarakhand and Jammu & Kashmir, have been identified for delivery of the first set of oxygen concentrators and cylinders.
India’s medical oxygen requirement has risen from 700 to 8,500 tonnes: Siddharth Jain, director, INOX Air Products
"If you look at India, there are a total of 70 oxygen production units in the country, but East and West India are producing 32% each. While North, where there is the highest demand, is producing just 13%. So, in order to support North India, oxygen has to move from East and West. But this journey is 1500 kilometres, he said."
Karnataka oxygen authorities tell DCs to be ready for disruptions, maintain critical stock
The alert was sounded after a 275 million tonne capacity oxygen plant in Mumbai broke down due to leakage. The authorities had to get a part from Ahmedabad to fix the plant to restore supply.
Appears Delhi govt not taking steps to create oxygen buffer, streamline distribution: HC
A bench of Justices Vipin Sanghi and Rekha Palli said it is for the Government of National Capital Territory of Delhi (GNCTD) to explore the various possibilities to create storage facilities for LMO and oxygen cylinders in the city.
No plan yet to ensure Delhi hospitals don’t run out of oxygen
Aakash Healthcare managing director Aashish Chaudhary said “we never get oxygen supplies for 24 hours. At a given time we have supplied for 3-4 hours. By force we have to stop our admissions. Even then we get patients who say just keep us in emergency we have been refused by 8 hospitals. How do we turn them away?”
How oxygen is supplied to hospitals in Delhi?
Delhi government has an SOS system where hospitals send urgent messages when they run out of oxygen. Hospitals complain this system barely gives them supplies like 3-4 cylinders or half a tank full at one go.
Covid-19 patients with hypoxaemia & rising cases: Why is India facing a deadly oxygen crunch?
The country is hit despite producing oxygen over 7,000 tonnes a day.
UP’s struggle with oxygen continues
The issue was also brought up in a meeting by CM Yogi Adityanath on Tuesday. He said the authorities have been able to strike a balance between demand-supply and distribution of oxygen in Lucknow, Kanpur, Bareilly, Varanasi and Gorakhpur, but directed officials to make more effective arrangements in districts of Agra, Mathura, Aligarh.
Get your house in order: HC rebukes Delhi govt over blackmarketing of oxygen cylinders and medicines
During an over three-hour hearing on the matter relating to oxygen crisis and shortage of medicines to treat COVID-19 patients in the national capital, the court observed that the "problem lies with the Delhi government" and directed nodal officer Udit Prakash to ensure supply of oxygen by cylinders to hospitals and nursing homes "without fail".
Hospitals, O2 supplier question Delhi system, allege bureaucratic failure
As per the present arrangement, once oxygen tankers reach the Delhi border, the amount and quantity of oxygen to be supplied to hospitals is determined using an ‘SOS system’ adopted by the Delhi government. The tankers are taken charge by Delhi authorities.
Expect Rajasthan govt to honour orders on no obstruction to medical oxygen tankers, says Delhi HC
The high court also directed all the refillers of oxygen cylinders in Delhi to be present at the hearing on Tuesday following complaints of non-availability of gas cylinders and black marketing.
Indian Railways’ Oxygen Express reaches Maharashtra, Uttar Pradesh towns
Apart from the rail mode of transport, some empty cryogenic tankers from Pune were airlifted to Jamshedpur, West Bengal, Bhubaneswar and Cuttack to fill in oxygen. Two flights with 3-4 containers reached Delhi on Friday and the entire process took about 2-3 hours.
Oxygen supplier asks Delhi for its distribution plan
In an April 24 communication to the Delhi government’s health department, Inox has cited the national Oxygen supply plan drawn up by the Centre’s Empowered Group 2 and its own limited production capacity, for its inability to serve the remaining 28 hospitals.
COVID-19: Hospitals in Delhi gasp for oxygen amid staggered supply
Batra Hospital in Tughlakabad Institutional Area received emergency oxygen supply from the Delhi government moments after it exhausted its stock, officials said. Executive Director of the hospital, Sudhanshu Bankata, said the facility exhausted its oxygen stock around 9 am.
Oxygen Inc battles huge odds as India gasps for air
Earlier in the day, Prime Minister Narendra Modi met India’s top oxygen producers and urged them to increase supply and divert tankers meant for other gases to store and ferry oxygen. Till 2019, India’s oxygen requirement was 700 tonnes per day. The first wave of Covid-19 infections pushed that demand up four times.
More number of beds to be added once oxygen crisis is resolved: Delhi health minister
Delhi health minister Satyendar Jain on Thursday said the number of beds will be increased in large numbers for coronavirus patients once the “oxygen crisis” in the national capital is resolved.
No restriction on inter-State and intra-State supply of oxygen, says MHA
Ministry of Home Affairs has issued a stringent order mandating that there will be no restriction on inter-State and intra-State supply of oxygen-related goods.
Delhi’s oxygen crisis resolved late night: Centre intervenes to release O2 supply to Delhi from UP
Earlier in the day, Delhi CM Arvind Kejriwal expressed concern over the issue after Delhi’s top private hospitals said that they had oxygen only for a few hours. “Serious oxygen crisis persists in Delhi. I again urge Centre to urgently provide oxygen to Delhi. Some hospitals are left with just a few hours of oxygen,” tweeted Kejriwal.
Investors mistakenly pump up NBFC stock trying to cash in on oxygen suppliers
Stocks such as Linde India, Bhagwati Oxygen and National Oxygen have soared over the past two weeks.
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