Industries can wait for oxygen, not Covid-19 patients: Delhi High Court
NEW DELHI: The Delhi High Court Tuesday said sufficient oxygen was not being supplied to COVID-19 patients in the national capital and asked the Centre if it can be diverted from industries which can wait for now. “Industries can wait. Patients cannot. Human lives are at stake,” a bench of Justices Vipin Sanghi and Rekha […]
Narendra Modi interacts with leaders of pharma industry
NEW DELHI: Prime Minister Narendra Modi interacted with leaders of pharmaceutical industry via video conferencing. The Prime Minister appreciated the crucial role of the pharma sector in the fight against the pandemic. PM Modi appreciated the way the pharma industry is working even in such trying conditions. PM Modi remarked that it is because of […]
Modi government approves Rs 4,500 crore credit to Covid-19 vaccine makers Serum Institute of India, Bharat Biotech to ramp up production
NEW DELHI: Looking to ramp up supplies ahead of the opening of Covid-19 vaccination to all citizens over 18 years of age, the government has approved a payment of about Rs 4,500 crore as advance to vaccine makers like Serum Institute of India (SII) and Bharat Biotech against future supplies, sources said. SII will supply […]
Everyone above the age of 18 to be eligible to get vaccine against Covid-19: India
NEW DELHI: In a meeting chaired by Prime Minister (PM) Narendra Modi, an important decision of allowing vaccination to everyone above the age of 18 from 1st May has been taken. PM said that the Government has been working hard for over a year to ensure that maximum numbers of Indians are able to get […]
Delhi government announces Covid-19 lockdown, exempts essential services
NEW DELHI: In an attempt to curb the spread of Covid-19 in the national capital, the Delhi Government has announced a weeklong lockdown starting from 10 pm on Monday night to 5 am next Monday. Chief Minister Arvind Kejriwal said that in the duration of lockdown all essential services with regard to food, medicine, etc […]
Supreme Court stays further proceedings in Amazon-Future-Reliance case before Delhi High Court
NEW DELHI: The Supreme Court on Monday stayed further proceedings before Single Judge and Division Bench of Delhi High Court in the Amazon-Future-Reliance case. A Bench headed by Justice Rohinton F Nariman said the matter will be finally decided by the top court. The matter will be heard on May 4. “We will stay further […]
New regulatory regime for 8 medical items under drugs and cosmetics act
NEW DELHI: Adopting a proactive and sensitive approach to address the needs of the Indian Industry, the Union Ministry of Health & Family Welfare has taken a significant decision for ensuring continued access of eight regulated medical devices today. The Ministry had earlier notified the following medical items to be regulated under the Drugs and […]
Kamdhenu hires Preity Zinta as brand ambassador
NEW DELHI: Kamdhenu Limited said that it has appointed Bollywood celebrity and entrepreneur, Preity G Zinta as its Brand Ambassador for its decorative paints business under the brand name KAMDHENU PAINTS. This collaboration will help enhance the brand’s pan-India reach and recall, helping catapult the brand as the preferred consumer choice.
‘NASA rules,’ Elon Musk says as SpaceX wins $2.9 billion moon lander contract
By Raphael Satter Hyunjoo Jin, and Munsif Vengattil NASA awarded billionaire entrepreneur Elon Musk’s space company SpaceX a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said on Friday, picking it over Jeff Bezos’ Blue Origin and defense contractor Dynetics Inc. Bezos and Musk […]
Remdesivir prices cut on government intervention: Industry Body
NEW DELHI: To enhance the availability of remdesivir injection, used in the treatment of COVID-19, pharmaceutical companies have reduced the price following the government’s intervention, the National Pharmaceutical Pricing Authority (NPPA) said on Saturday. Drug companies like Cadila Healthcare, Dr Reddy’s Laboratories and Cipla have cut the prices of their respective brands of remdesivir injection […]
Adani Enterprises, Dixon Tech, 11 other companies get industrial land in Noida
NEW DELHI: The Noida Authority on Wednesday said it has allotted industrial land to 13 companies, including Adani Enterprises and Dixon Technologies, in a move that would bring in investments worth Rs 3,870 crore in Noida region, Uttar Pradesh. Adani Enterprises has been allotted 39,146 sq metres of land in Sector 80 for a proposed […]
Cash flow management solutions startup Credflow raises $2.1 million
NEW DELHI: Cash flow management solutions startup Credflow has raised USD 2.1 million (around Rs 15.2 crore) in a seed funding round led by Stellaris Venture Partners, Omidyar Network India and Flourish Ventures. Small business-focused Credflow will be investing the fund to develop its platform, strengthen technology capabilities, build new products and expand the customer […]
RLD to build memorial for farmers who died during protests against Centre’s new farm laws
LUCKNOW: In a bid to resonate closely with the farming community ahead of next year’s Uttar Pradesh Assembly elections, the Rashtriya Lok Dal (RLD) is planning to construct a memorial in western UP’s Meerut to pay respects to farmers who had died during protests against the Centre’s new farm laws. Aptly named ‘Kisan Balidan Smarak’, the […]
India shifts from mass Covid-19 vaccine exporter to importer, worrying the world
After gifting and selling tens of millions of COVID-19 vaccine doses abroad, India suddenly finds itself short of shots as new infections surge in the world’s second-most populous country. India breached 200,000 daily infections for the first time on Thursday, and is trying to inoculate more of its population using domestically produced shots. Facing soaring […]
Sensex, Nifty end marginally higher
MUMBAI: Equity benchmarks Sensex and Nifty ended marginally higher after a volatile session on Friday amid positive cues from global markets. The 30-share BSE Sensex ended 28.35 points or 0.06 per cent higher at 48,832.03. Similarly, the broader NSE Nifty rose 36.40 points or 0.25 per cent to 14,617.85. Asian Paints was the top gainer […]
Forex reserves surge by USD 4.34 billion to USD 581.21 billion
NEW DELHI: After declining for two consecutive quarters, the country’s foreign exchange (forex) reserves surged by USD 4.34 billion to USD 581.21 billion in the week ended April 9, according to the latest RBI data. In the previous week ended April 2, the reserves had dipped by USD 2.42 billion to USD 576.28 billion. It […]