India at forefront of COVID war; to play major role in vaccine manufacturing: Gates Foundation

The fight against coronavirus pandemic is entering its last leg with the likelihood of finding a vaccine coming closer by the day.

Speaking to CNBC-TV18, Mark Suzman, CEO of Bill & Melinda Gates Foundation said that the world could and should have prepared better for the pandemic as many people had warned of the threat. He also added that a vaccine was looking likely in the first quarter and the low-end estimates stand at $3 per dose.

Suzman further added that India will play an enormous global role in mass manufacturing of vaccine.

Watch the video for more

10 things you need to know before the opening bell on October 16

Trading Holiday, Ram Navami Holiday, BSE Holiday, NSE holiday, stock market holiday, bombay stock exchange, national stock exchange, ram navami, public holiday,
1. Asia: Stocks struggled to make gains in early Asian trade with Australia’s S&P/ASX 200 down 0.02 percent and Japan’s Nikkei 225 futures adding just 0.06 percent. Hong Kong’s Hang Seng index futures rose 0.36 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.04 percent lower. (Representative Image)
2. US: On Wall Street, the Dow Jones Industrial Average fell 0.07 percent, the S&P 500 0.15 percent and the Nasdaq Composite dropped 0.47 percent.
Market
3. Market At Close On Thursday: Indian indices ended over 2.5 percent lower on Thursday, snapping gains after 10 straight sessions, amid a selloff in all key sectors. The Sensex ended 1,066 points lower at 39,728 while the Nifty lost 290 points to settle at 11,680. (Image: Reuters)
Saudi Arabia
4. Crude Oil: Oil prices were weighed by concerns about the coronavirus and its impact on the world economy. Brent crude futures dropped 16 cents to settle at $43.16 a barrel, while U.S. West Texas Intermediate crude futures slipped 8 cents to settle at $40.96 a barrel.. (Image: Reuters)
Rupee
5. Rupee Close: The rupee ended at 73.38 against the US dollar on Thursday as compared to Wednesday’s close of 73.29. (Image: Reuters)
6. Centre To Borrow Under GST Special Window: In a relief to the states which were demanding central borrowing to make good for the shortfall in the compensation cess kitty to pay off to the States, Centre on Thursday said that “the estimated shortfall of Rs 1.1 lakh crore (assuming all states join) will be borrowed by the government of India in appropriate tranches.” Implying that instead of the earlier stand where States were to borrow, now Centre will do the borrowing. (Image: Reuters)
Rupee drops 14 Paise
7. Small Borrowers In Interest Waiver Case: Analysts believe that these developments in the court are leaning favourably towards financiers and are positive for the sector as there were no discussions on expanding the scope of relief (a huge overhang) to other categories or to interest waiver. Further, a relief on the compounding of interest would benefit small borrowers which constitute around 40 percent of the bank credit. (Image: Reuters)
8. Health Minister On COVID Vaccine: India is expected to have a COVID-19 vaccine in a few months and the country should be in the process of delivering it to people in the next six months, union health minister Harsh Vardhan said. He made the comments at the Annual General Meeting of Indian Red Cross Society (IRCS) and St. John’s Ambulance. (Image: PTI)
Moodys
9. Moody’s On Second Stimulus: The government’s second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody’s Investors Service said on Thursday. After a long clamour for fiscal stimulus, the government had on October 12 come up with measures with direct fiscal support to people and states and to generate demand. These included a leave travel concession (LTC) cash voucher scheme and special festival advance for government employees and Rs 12,000 crore interest-free loan to states and Rs 25,000 crore additional capex. (Image: Reuters)
Real estate, realty
10. Anarock On Housing Sales: The housing sales in the December quarter are expected to rise by 35 percent over the previous quarter boosted by festive demand amid reduced cost of acquisition. The prevailing low home loan interest rates coupled with limited-period government incentives such as reduced stamp duty and registration charges in certain markets may fuel demand as the homebuyers look to take the most advantage of the festive offers and sops given by the developers. (Image: Reuters)

COVID Vaccine could turn out to be big opportunity: Snowman Logistics

The Ministry of Health said that it will procure over 500 million doses of COVID-19 vaccine and immunize 300-350 million Indians by June 2021.

This will entail fridges being given to pharma retailers for the potential COVID vaccine and therefore, this could stimulate demand for cold storage.

In an interview to CNBC-TV18, Sunil Nair, CEO of Snowman Logistics said this could be a huge opportunity if it comes through.

“A lot of enquiries are coming from government agencies, authorities and some of the private organizations, but there is no clarity in terms of volume, temperature and how is the whole distribution plan as of now,” he added.

On capacity front, the company will invest Rs 70 crore and will set up two new pharma-specific locations as well as on expanding three existing locations this year.

“We are planning to build pharma specific facilities in couple of locations,” added Nair.

Watch video for more

 5 Minutes Read

Indo-Israel rapid COVID-19 testing research to fructify in ‘matter of days’: Israeli envoy

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

A game-changer rapid COVID-19 testing technology being jointly developed by India and Israel should be ready for rollout in “a matter of days”.It will be able to give test results in less than a minute by simply requiring an individual to blow into a tube, said the Israeli envoy to India.

A game-changer rapid COVID-19 testing technology being jointly developed by India and Israel should be ready for rollout in “a matter of days” and it will be able to give test results in less than a minute by simply requiring an individual to blow into a tube, the Israeli envoy to India has said.

Ambassador Ron Malka also said Israel would want India to become the manufacturing hub for this rapid testing kit and the two countries will also collaborate on vaccine development for this dreaded disease with India taking a key role in production given its “very strong relative advantage in manufacturing”.

He said the work on the rapid COVID-19 testing project is in a very advanced stage. “I think it is a matter of days. What I hear from those involved in the process, it should not take more than 2-3 weeks to finalise that one reliable and accurate technology or a combination of more than one from amongst the four different technologies being analysed,” Malka told.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

AstraZeneca Pharma shares surge 13% after parent company resumes vaccine trials in UK

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The share price of AstraZeneca Pharma India surged 13 percent on Monday after its parent company said that it has resumed British clinical trials of its COVID-19 vaccine.

The share price of AstraZeneca Pharma India surged 13 percent on Monday after its parent company said that it has resumed British clinical trials of its COVID-19 vaccine. The stock rose as much as 13 percent to Rs 4,546 per share.

The late-stage trials of the experimental vaccine, developed with researchers from the University of Oxford, were suspended after an illness in a study subject in Britain, casting doubts on an early rollout. It added that safety reviewers had recommended to Britain’s Medicines Health Regulatory Authority (MHRA) that it was safe to resume the British trials.

The patient involved in the study had been reportedly suffering from neurological symptoms associated with a rare spinal inflammatory disorder called transverse myelitis. AstraZeneca, based in Cambridge, said it could not disclose further medical information.

“The Company will continue to work with health authorities across the world and be guided as to when other clinical trials can resume to provide the vaccine broadly, equitably and at no profit during this pandemic,” AstraZeneca said.

The Serum Institute of India said it would restart its trials once it had permission from the Drugs Controller General of India.

AstraZeneca has already agreed to supply close to three billion doses to governments across the globe – more than any other vaccine project.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

World must scale up clinical trials to address COVID-19: WHO

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The head of the World Health Organization urged countries on Thursday to contribute resources that can expedite products which may help stem the coronavirus pandemic.T

The head of the World Health Organization urged countries on Thursday to contribute resources that can expedite products which may help stem the coronavirus pandemic.

The WHO’s ACT-Accelerator programme already supports research into potential vaccines, drugs and diagnostics, WHO Director-General Tedros Adhanom Ghebreyesus told an online event.

“But we need to rapidly scale up our clinical trials, manufacturing, licensing and regulation capacity so that these products can get to people and start saving lives,” he said.

The Serum Institute of India (SII), which was conducting the India trials for the coronavirus vaccine being developed by Oxford University, on Thursday paused the clinical trials of the vaccine in India.

In a statement, the Serum Institute of India said: “We are reviewing the situation and pausing India trials till AstraZeneca restarts the trials. We are following DCGI’s instructions and will not be able to comment further on trials.”

With CNBC-TV18 inputs

 

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Hamdard Labs to start clinical trial of 2 immunity boosting drugs for COVID-19

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Health and wellness firm Hamdard Laboratories on Monday said it is going to start clinical trial of its two immunity boosting medicines to assess their effectiveness in preventing COVID-19 infection.

Health and wellness firm Hamdard Laboratories on Monday said it is going to start clinical trial of its two immunity boosting medicines to assess their effectiveness in preventing COVID-19 infection.

The company has received all the regulatory approvals to begin the proof of concept clinical trial for its Infuza and Kulzam drugs, Hamdard Laboratories said in a statement.

A research team from Hamdard Institute of Medical Sciences and Research (HIMSR) is going to start the clinical trial at HAH Centenary Hospital in New Delhi, it added.

“A research group of HIMSR, that comprises an allopathic doctor, unani hakim, microbiologist and biochemist is working on a randomised, parallel group clinical trial for the repurposing of two popular Hamdard medicines i.e. Infuza and Kulzum for the prevention of COVID-19 infection,” Hamdard Laboratories India (Medicine Division) Executive Trustee Asad Mueed said.

HIMSR and associated HAH Centenary Hospital CEO G N Qazi said: “We are going to start the clinical trial…to evaluate the efficacy of these drugs for the prevention of COVID-19 infection in high risk subjects.

The study concept is approved by the Special Project Approval Committee, Ministry of AYUSH and has also been cleared by the Institutional Ethics Committee of the hospital, he added.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

India will get COVID-19 vaccine by end of this year, says health minister Harsh Vardhan

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

India has the “best” COVID-19 recovery rate of about 75 percent, which is improving every day, and the “lowest” mortality rate of 1.87 percent in the world, the minister said.

India’s first vaccine against COVID-19 could be available by the end of 2020, said health minister Dr Harsh Vardhan. The minister, while inaugurating a 10-bed hospital at the National Disaster Response Force (NDRF)’s 8th Battalion Centre in Ghaziabad, said that work is progressing on three vaccine candidates.

India has the “best” COVID-19 recovery rate of about 75 percent, which is improving every day, and the “lowest” mortality rate of 1.87 percent in the world, the minister said. He added that India began formulating its strategy against coronavirus from January 8 as soon as the world came to know about the outbreak of the disease.

“Many intelligent people, scientists and naysayers had estimated that India, with a population of about 135 crore, will see 300 million COVID-19 cases and about 5-6 million people will die by July-August, and the country’s healthcare system was “incapable” to combat the disease… However, I am happy to say that in the eighth month of the battle, India has the best recovery rate of 75 per cent and against an estimate of 300 million affected we have not even reached 3 million cases,” he said.

The minister said these successes were achieved due to the “coordinated” efforts with the participation of everyone — the government and the people. India has the lowest mortality rate of 1.87 percent in the world, he said, adding the recovery rate was improving every day.

-with agency inputs

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Zydus launches cheapest remdesivir version in India at Rs 2,800 per vial

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Zydus Cadila has launched remdesivir under the brand name RemdacTM in the Indian market for the treatment of COVID-19 patients.

Zydus Cadila has launched remdesivir under the brand name RemdacTM in the Indian market for the treatment of COVID-19 patients. The drug is priced at Rs 2,800 for a 100 mg lyophilized injection, RemdacTM and is the most economical Remdesivir brand in India.

The drug will be made available across India through the group’s strong distribution chain reaching out to Government and private hospitals treating COVID patients, the company said in a regulatory filing.

In June 2020, Zydus had entered into a non-exclusive agreement with Gilead Sciences Inc., to manufacture and sell Remdesivir, the investigational drug, which has been issued an Emergency Use Authorization by the US Food and Drug Administration (FDA) to treat patients suffering from severe symptoms of COVID 19.

“RemdacTM is the most affordable drug as we would like to enable patients to have access to this critical drug in the treatment of COVID 19”, said Dr. Sharvil Patel, the Managing Director of Cadila Healthcare Limited. “Through the course of this pandemic, our efforts have been focused on supporting people in this healthcare crisis, whether it is through developing vaccines, ramping up production and distribution of critical drugs and therapies, making diagnostic tests available or exploring new treatment options”, he added.

The API for the drug has been developed and manufactured at the group’s API manufacturing facilities in Gujarat, the company said.

Zydus is the fifth company to launch remdesivir in India after Cipla, Hetero Labs Ltd, Mylan NV and Jubilant Life Sciences Ltd.

Zydus has launched the drug at Rs 2,800 for a 100 mg which is the lowest in India.

In June, Cipla had launched remdesivir under the brand name Cipremi at a price of around Rs 5,000 per 100 mg vial while Jubilant Life Science, on August 3, launched the drug under the brand name ‘JUBI-R’ in the Indian market priced at Rs 4,700 per vial of 100 mg (lyophilized injection)

In July, Mylan announced the commercial launch of Remdesivir under brand name DESREM in India at Rs 4,800 per 100 mg vial.

India is one of the worst-hit countries by the coronavirus in the world. India’s COVID-19 tally added almost 64,000 cases in a day, taking the overall tally to 23,86,461.

On Thursday, the shares of Cadila Healthcare ended 0.16 percent higher at Rs 385.00 on the BSE.

Catch all the latest updates from the stock market here.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

COVID vaccine to be ready by December this year, says Adar Poonawala of Serum Institute

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The country should have a vaccine for the treatment of COVID-19 infection by the end of this year, said Adar Poonawalla, CEO, Serum Institute of India (SII) – the world’s largest vaccine manufacturer by volume.

The country should have a vaccine against the COVID-19 virus by the end of this year, said Adar Poonawalla, CEO, Serum Institute of India (SII) – the world’s largest vaccine manufacturer by volume.

Speaking to CNBC-TV18, Poonawalla said starting December, the company will launch a COVID-19 vaccine.

“We are going to start trials in less than two weeks. The trial is in partnership with ICMR. We will start manufacturing vaccines by the end of August,” Poonawalla said.

On Friday, the Serum Institute of India had announced the partnership with Gavi, The Vaccine Alliance and the Bill & Melinda Gates Foundation, to accelerate the manufacture and delivery of up to 100 million doses of COVID-19 vaccines for India and low- and middle-income countries (LMICs).

The Bill & Melinda Gates Foundation, via its Strategic Investment Fund, will provide at-risk funding of $150 million to Gavi, which will be used to support the Serum Institute of India to manufacture potential vaccine candidates, and for future procurement of vaccines for low- and middle-income countries via Gavi’s COVAX AMC.

The funding will support at-risk manufacturing by SII for candidate vaccines from AstraZeneca and Novavax, which will be available for procurement if they are successful in attaining full licensure and WHO Prequalification.

On the price of the vaccine, he said that $3 is a risk-sharing price for the vaccine.

“$3 is a special price because of the funding we received. Pricing of the vaccine will be slightly higher once licenses are in place. Final pricing for the vaccine will be announced in two months,” he added.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?