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The situation is more alarming in the case of intermediates of stages prior to APIs and KSMs which are the building blocks for the drugs, wherein, in some cases, China is the exclusive supplier.

Coronavirus: Find out how much Indian pharma is exposed to Chinese Imports

22 Feb 2020 4:15 PM IST

February 22, 2020: The credit rating agency, ICRA has revised its outlook on the Indian pharmaceutical industry from stable to negative in view of the...

The bulk of which would be borne by carriers registered in China, with $12.8 billion loss in the China domestic market alone.

Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020

22 Feb 2020 1:09 PM IST

February 22, 2020: The International Air Transport Association (IATA) released its initial assessment of the impact of the Novel Coronavirus 2019...

China accounts for 27% of India%u2019s auto component imports valued at $ 4.8 billion.

Coronavirus: Read how much Indian automotive supply chain is exposed to China

21 Feb 2020 1:26 PM IST

February 21, 2020: The outbreak of Novel Coronavirus (COVID -19 ) across China and South -East Asia, which has already killed 2200 people, has...

Revenue decreased to $38.9 billion in 2019 from $39.3 billion. Free cash flow was $ 6.8bn, compared to $ 5.1bn last year and CAPEX declined by $ 1.2bn to $ 2bn in 2019.

A.P. Moller - Maersk registers 14% EBITDA increase to $5.7 billion in 2019

20 Feb 2020 4:39 PM IST

February 20, 2020: Despite weaker market conditions and global container growth of only 1.4 percent, A.P. Moller – Maersk's Annual Report 2019 shows...

The shutdown of industries in China is negative for the Indian Exim cargo movement as India has significant trade linkages with China by way of import and export of raw materials and finished goods.

Read how novel coronavirus will affect Indian shipping and ports negatively

20 Feb 2020 3:34 PM IST

February 20, 2020: The credit rating agency, ICRA (formerly Investment Information and Credit Rating Agency of India) said on Wednesday in a release...

An Emirates SkyCargo Boeing 777 freighter. Commodities being currently transported on the freighter flights include perishable food items, pharma, medical supplies and other general cargo.

Amid coronavirus, Emirates SkyCargo reports strong demand from China

19 Feb 2020 1:02 PM IST

February 19, 2020: Even as the Novel Coronavirus killed more than 2000 and infected close to 75,000 people in China, the cargo handle of the Dubai...