Bharat Biotech to supply Covaxin to states, hospitals at Rs 600-1,200 per dose
NEW DELHI: Bharat Biotechon Saturday said it would provide its COVID-19 vaccine, Covaxin, to state governments at Rs 600 per dosage. The Hyderabad-based vaccine major also said that it would provide the vaccine to private hospitals at Rs 1,200 per dosage. In a statement, Bharat Biotech chairman and managing director Krishna M Ella said the […]
Covisheld is the most affordable Covid-19 vaccine available: Serum Institute defends vaccine pricing
NEW DELHI: Serum Institute of India (SII), which makes the most used Covid-19 vaccine in the country, on Saturday defended pricing Covishield vaccine at 1.5 times the initial rate, saying the earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots. Serum […]
Rajnath Singh holds second meeting to review efforts of MoD and Armed Forces to fight current COVID-19 crisis
NEW DELHI: India’s Defence Minister (Raksha Mantri) Rajnath Singh reviewed the efforts of the Ministry of Defence and the three Services to fight the current COVID-19 crisis through video conferencing on April 24, 2021. The meeting was attended by Chief of Defence Staff General Bipin Rawat, Chief of Naval Staff Admiral Karambir Singh, Chief of […]
Covid-19 related vaccines to be exempted from basic customs duty
NEW DELHI: The Prime Minister (PM) Narendra Modi chaired a meeting to review steps taken to boost oxygen availability in the country. The PM emphasized that there was an immediate need to augment the supply of medical grade oxygen as well as equipment required for patient care both at home and in hospitals. PM stressed […]
Narendra Modi government will continue to provide COVID-19 vaccine free to states
NEW DELHI: The Narendra Modi government’s (Government of India’s) procurement price of both the COVID-19 vaccines remains Rs 150 per dose and the Centre will continue to provide totally free to states, said the Ministry of Health and Family Welfare. Replying to Congress leader Jairam Ramesh, Ministry of Health said in a tweet “#Unite2FightCorona It […]
25 new manufacturing sites approved for Remdesivir production
NEW DELHI: Minister of State for Chemicals & Fertilizers Mansukh Mandaviya informed that 25 new manufacturing sites for Remdesivir’s production have been approved since 12th April. He said, “Production capacity is now ramped up to ≥90 lakhs vials per month, earlier it was 40 lakhs vials/month. Very soon, 3 lakh vial/day will be produced . […]
“Americans first”: US defends export ban on Covid-19 vaccine raw materials to India
WASHINGTON: Defending US’s restrictions on the export of key raw materials for the manufacture of COVID-19 vaccine that threatens to slow India’s vaccination drive, a senior State Department official has said the Biden administration’s first obligation is to take care of the requirements of the American people. When asked when the Biden administration would decide […]
Narendra Modi interacts with leading oxygen manufacturers across country
NEW DELHI: Prime Minister (PM) Narendra Modi held a meeting with leading oxygen manufacturers across the country via video conferencing. PM Modi said this time is not only to deal with the challenges, but also to provide solutions in a very short time. PM Modi stressed on the need to maintain good co-ordination between the […]
Ambani buys Britain’s iconic country club Stoke Park for 57 million pounds
NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries Ltd has bought Britain’s iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore). The acquisition adds to Reliance’s current stake in Oberoi hotels and hotel/managed residences in Mumbai that it’s developing. Over the past four years, Reliance has announced USD […]
S&P forecasts 11% growth for India this fiscal, flags impact of Covid-19 lockdowns
NEW DELHI: S&P Global Ratings on Thursday said the Indian economy is projected to grow at 11 per cent in the current fiscal, but flagged the “substantial” impact of broader lockdowns on the economy. In its report on Asia-Pacific Financial Institutions, S&P said the control of COVID-19 remains a key risk for the economy. New […]
Lenders to withdraw debt recast if Future-RIL deal goes through: Report
NEW DELHI: Lenders to Kishore Biyani’s Future Group will withdraw the just-approved debt recast plan that offered easier repayment options, if the troubled retailer’s Rs 24,713 crore asset sale to Reliance Industries Ltd (RIL) goes through in a reasonable time frame, sources said. Lenders of Future Retail last week agreed to extend repayment of loans […]
Covid-19: Phase 3 vaccine registration for all adults to start from April 28 in India
NEW DELHI: Registration for vaccination against COVID-19 for all those aged above 18 will begin on the CoWIN platform and Aarogya Setu app from April 28, officials said on Thursday. The inoculation process and documents to be submitted to get the jab remains the same. The central government had announced that the vaccination for those above […]
State governments are free to procure Covid-19 vaccine doses from vaccine manufacturers
NEW DELHI: There have been some media reports suggesting that Serum Institute of India (SII) has contracted all its production till 25th May 2021 to the Narendra Modi government (Centre), and therefore till that date the State governments will not be able to procure vaccine from SII. These media reports are based on incorrect facts […]
Narendra Modi holds a high level meeting on oxygen supply and availability
NEW DELHI: Prime Minister (PM) Narendra Modi chaired a high-level meeting to review the oxygen supply across the country and discuss ways and means to boost its availability. The officials briefed him on the efforts undertaken in the last few weeks to improve the supply of oxygen. PM spoke about the need to work rapidly […]
States to get Covishield vaccine at Rs 400, pvt hospitals at Rs 600 a dose
NEW DELHI: Covishield will be sold at Rs 400 per dose to the state government and Rs 600 to private hospitals, Serum Institute of India (SII) said on Wednesday. Covishield is known as AstraZeneca vaccine across the world. SII, an Indian biotechnology and pharmaceuticals company, issued a statement after the government allowed vaccination of all […]
HCL Infosystems names Alok Sahu as CFO; to succeed Kapil Kapur
NEW DELHI: HCL Infosystems on Wednesday said its Chief Financial Officer Kapil Kapur has resigned from the company. The company’s Board of Directors has named Alok Sahu to succeed Kapur for the position of CFO with effect from June 1, 2021, a regulatory filing said. “… we submit that Mr KapilKapur, CFO of the company […]