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Why AstraZeneca-Oxford COVID vaccine is best suited for India over

British-Swedish drugmaker AstraZeneca and the College of Oxford on November 23 stated their coronavirus vaccine was 70.four p.c efficient in stopping COVID-19, as per the interim evaluation of its late-stage medical trials, performed within the UK and Brazil. The vaccine – known as ‘Covishield’ – was discovered to be about 90 p.c efficient in a dosage regime […]

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SEBI proposes to relax rules for re-classification of promoter as

SEBI on Monday proposed to vary the minimal threshold for voting rights for re-classification of a promoter as a public shareholder and instructed all promoter entities disclose shareholding even in case of ’nil’ holding. Beneath the proposal, SEBI mentioned the re-classification situation on shareholding ought to be amended such that the promoter and associated individuals searching for […]

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Motherson Sumi ‘on the verge’ of announcing multiple buyouts

Vivek Chaand Sehgal, Chairman, Motherson Sumi Programs Motherson Sumi, India’s greatest auto-component producer, is pursuing a number of buyout offers, a few of which will likely be made public within the closing quarter of the yr, high firm officers stated. The buyouts are part of the corporate’s imaginative and prescient of tripling revenues by FY25 […]

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SpiceJet founders foray into cut-price COVID-19 testing, offer RT-PCR at

Ajay Singh, Chairman and Managing Director of low-cost service SpiceJet SpiceHealth, a well being care firm based by the promoters of SpiceJet, introduced on November 23 that it could conduct Actual-Time Polymerase Chain Response (RT-PCR) check – often called essentially the most decisive and essential for COVID-19 testing – beginning at Rs. 499 solely. Additionally, the […]

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Maharashtra issues new guidelines for inter-state travel: All your queries

Consultant picture With the coronavirus circumstances in northern India rising, the Maha Vikas Agadhi authorities in Maharashtra has made RT PCR check necessary for folks getting into the state by air, practice or street. The instructions have been issued for folks coming to Maharashtra from Delhi, Rajasthan, Goa and Gujarat. Beneath the brand new tips, […]

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Loan restructuring make or break factor for hospitality industry: FHRAI

Mortgage restructuring is a make or break issue for the hospitality sector which is taking a look at 25 per cent of companies completely shutting down earlier than the tip of this fiscal, trade physique FHRAI stated on Monday. “Hospitality institutions are struggling on account of unsure enterprise situations on account of restriction on international […]

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COVID-19 vaccine

Reuters The Serum Institute of India, the world’s largest producer of vaccines by quantity, will first concentrate on supplying AstraZeneca Plc’s COVID-19 vaccine to Indians earlier than distributing it to different nations, Serum’s Chief Government Adar Poonawalla stated on Monday. “It is essential we handle our nation first, then go on to COVAX after that […]

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COVID-19 vaccine

Mahindra and Mahindra group chairman Anand Mahindra on November 23 lauded Serum Institute of India (SII) CEO and proprietor Adar Poonawalla, stating that SII-AstraZeneca’s ‘Covishield’ vaccine may very well be among the finest bets for India in combatting the COVID-19 pandemic. Mahindra in his tweet additionally hailed Poonawalla for making the COVID-19 vaccine economical and […]

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COVID-19 update

Union Dwelling Minister Amit Shah on Monday launched a cell laboratory that can conduct free RT-PCR assessments for COVID-19 right here and the outcomes can be obtainable in six to eight hours. The Actual-Time Polymerase Chain Response (RT-PCR) testing cell laboratory, a joint initiative of the SpiceHealth and the federal government, got here up after […]

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