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We hope the exception for moving oxygen in cryogenic containers continues: Abhijit Banerjee, MD, Linde India


We hope the exception for moving oxygen in cryogenic containers continues: Abhijit Banerjee, MD, Linde India
June 01, 2021
Abhijit Banerjee, Managing Director, Linde India×
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In Covid Wave 2, medical oxygen demand has spiked to 9,000 TPD
As the second wave of the pandemic ripped across the country triggering shortage of medical oxygen, industrial and medical gases manufacturer Linde India Ltd marshalled all the resources at its command to scale up production. BusinessLine spoke to Abhijit Banerjee, Managing Director, Linde India, to know how it coped with the surge in demand and the way forward.
Excerpts:
The country was caught unawares on availability of medical oxygen as the second wave of Covid struck. Couldn’t this have been foreseen? ....

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Welcome To IANS Live - NATION - Ailing Andhra boy dies after visit to court seeking mercy-killing permission


Photo Credit: IANS
IANSLive
Chittoor (AP) June 1 (IANS) Fate dealt a cruel blow to a mother who had knocked the doors of the local court with a mercy-killing petition for her ailing 10-year old son.
 
For susbcription contact   ....

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Narayana Hrudayalaya spurts after robust Q4 performance


Narayana Hrudayalaya rose 4.03% to Rs 457.15 after the company s consolidated net profit soared 467.5% to Rs 68.05 crore on 12.76% increase in revenue from operations to Rs 837.76 crore in Q4 March 2021 over Q4 March 2020.
Profit before tax surged 447.08% to Rs 85.29 crore in Q4 FY21 as against Rs 15.59 crore in Q4 FY20.
EBITDA grew 45.9% to Rs 149.90 crore, reflecting a margin of 17.9% as against Rs 102.80 crore in Q4 FY20. This is as per the new accounting treatment for leases per IND AS 116 effective from 1 April 2019 which resulted in Rs 13.30 crore increase in EBITDA and a decrease of Rs 1.1 crore in PAT for Q4 FY21 on pre-IND AS 116 basis. ....

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