Pfizer COVID-19 vaccine shipments begin in historic US effort
By MATTHEW PERRONE, MIKE STOBBE and MORRY GASH KALAMAZOO:The first shipments of a COVID-19 vaccine for widespread use in the United States headed Sunday from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes. Shipments of the […]
Chandrasekhar Rao announces filling up of vacancies in all departments
HYDERABAD: Telangana Chief Minister K. Chandrasekhar Rao on Sunday announced that notifications would be issued shortly to fill up vacancies of teachers, police personnel and others. He directed Chief Secretary Somesh Kumar to collect the list of number of vacancies in all the departments all over the State. “The primary information suggests that there are […]
Saha Infratech directors held for duping 20 crore from buyers in Noida
NEW DELHI: The Economic Offences Wing (EOW) of Delhi Police arrested three persons including a former financial adviser of Noida and Greater Noida Authority on the charges of duping Rs 20 crores from more than 20 aspiring property buyers/investors. The accused Aniel Kumar Saha, Aunirban Saha, and Ashok Kumar Sirohi are residents of Noida and […]
PLI scheme to give $520 billion boost to manufacturing sector in 5 years: Amitabh Kant
NEW DELHI: The government of India’s production-linked incentive (PLI) scheme for key sectors has the potential to add $520 billion worth of manufacturing in the next five years, NITI Aayog CEO Amitabh Kant said on Saturday. Recently, the government of India (Centre) had announced the PLI scheme with a budgetary support of $26 billion. Addressing […]
United Airlines launches new daily Delhi-Chicago non-stop service
NEW DELHI: US-based United Airlines on Saturday launched its new daily non-stop service between Delhi and its hometown hub of Chicago. Accordingly, these daily flights will be operated by a Boeing 787-9 Dreamliner aircraft. “With the introduction of this new route, United will operate four daily non-stop flights from India,” the airline said in a […]
Jammu and Kashmir power sector to receive Rs 11,000 crore financial aid
SRINAGAR: A loan assistance of Rs 11,024.47 crore has been approved for Jammu & Kashmir (J&K) under the Atmanirbhar Bharat Abhiyan (liquidity infusion scheme in DISCOMs). This will enable J&K to clear its outstanding payments under power purchases made by it, officials said. An MoU for availing the second tranche of this loan for Rs […]
Dubai’s Emaar appoints Jamal Bin Theniyah as new chairman
DUBAI: Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, as managing director, and appointed Jamal Bin Theniyah as the new chairman. The decision, communicated in a bourse filing, was taken to comply with regulations that prohibit combining the position of chairman […]
Industrial parks conversion into IT parks to further boost Hyderabad
HYDERABAD: Despite the economic slowdown caused by the Covid-19 pandemic, Telangana is focusing on expansion of information technology sector to further strengthen its standing as a leading global technology destination. It is not only setting up IT parks in tier-II cities but within Hyderabad, it is taking up initiatives to ensure expansion of the sector […]
NAA finds McDonald’s franchisee Hardcastle guilty of profiteering
NEW DELHI:The National Anti-Profiteering Authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald’s, guilty of not passing on GST rate cut benefits of over Rs 7.49 crore to consumers. Hardcastle Restaurants was operating quick service restaurants under the brand name McDonald’s in the western and southern regions of India. In its […]
Airstrike: Airlines gear-up to deliver Covid a vaccine blow
By Rohit Vaid NEW DELHI:India’s airline industry which was heavily battered by the pandemic’s onslaught is now gearing up to take the fight back to the virus via lending the key logistical support for anti-Covid-19 vaccine deployment. The industry is expected to play a vital role in the country’s impending anti-Covid offensive via vaccines. Already […]
Odisha committed to create investment-friendly environment
NEW DELHI: Odisha Chief Minister Naveen Patnaik on Saturday said his government is committed to create a conducive environment for the promotion of industries in the state and focusing on the implementation of new projects. The state has developed an online system for over 30 government-to-business (G2B) services to reduce the regulatory burden on industries, […]
Public institutions, private sector together can help developing economies overcome pandemic: Satya Nadella
NEW DELHI: Microsoft CEO Satya Nadella on Saturday said public institutions and the private sector working together can help developing economies to recover from the pandemic and “catch-up growth”. He also emphasised on the need for a “social contract” between the government, private sector and the broad civic society that allows creation of harmony to […]
Saliva-based smartphone platform built for rapid Covid-19 testing
NEW YORK: Scientists have developed a portable saliva-based smartphone platform for rapid Covid-19 testing that they claim can provide results within 15 minutes without the resource-intensive laboratory tests. The new technique detailed in the journal Science Advances pairs a fluorescence microscope readout device with a smartphone to determine viral load from a CRISPR/Cas12a assay. The […]
Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package with Secretaries
NEW DELHI: Prime Minister Narendra Modi had announced a special comprehensive economic package to fight the COVID-19 pandemic in India. He gave a clarion call for AatmaNirbhar Bharat Abhiyanor a Self-Reliant India Movement. The Prime Minister also outlined five pillars of AatmaNirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand. Following the call of […]
AstraZeneca to buy pharmaceutical firm Alexion for $39 billion
NEW DELHI: Cambridge, England-based AstraZeneca PLC, which is involved in one of the efforts to develop a COVID-19 vaccine, said that it is buying US biotech firm Alexion for $39 billion to boost its work on immunology. The boards of directors of both companies have unanimously approved the acquisition. Subject to receipt of regulatory clearances […]
iPhone plant vandalised by employees in Karnataka over salary remittance issue
NEW DELHI: An iPhone manufacturing plant run by Taiwanese tech giant Wistron Corporation at Narsapura came under attack on Saturday from its employees over salary dues, the police said. The iPhone plant established at 43 acres at Narasapura industrial area in Kolar that is around 60 km from Bengaluru. Wistron was allocated 43 acres at […]