May 27, 2022 20:23 (IST)
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7 soldiers killed, 19 injured in Ladakh accident near Turtuk: Official | IAS officer transferred to Ladakh, wife to Arunachal over Delhi stadium dog walking row | Gang-rape accused injured in police firing in Assam’s Kokrajhar | Bengal govt to amend law to make CM Mamata Banerjee chancellor of state-run universities | Link your personal goals with that of country: PM Modi tells Hyderabad B-school graduates

CCI approves merger of Serum Institute subsidiaries Biocon Biologics and CTPL

New Delhi: The Competition Commission of India (CCI) has approved the merger by absorption of Covidshield Technologies into Biocon Biologics in consideration for the acquisition of approximately 15 percent equity shareholding of Biocon Biologics by Serum Institute Life Sciences.

Apple, Google set deadline for employees to resume work in offices: Reports

With the decline in Covid-19 cases across the world, a large number of finance and tech giants like Apple and Alphabet Inc's Google have announced dates for employees to return to their offices, media reports said.

Johnson & Johnson temporarily halts making COVID-19 vaccine: Report

Johnson & Johnson has paused late last year the production in its only plant making usable batches of COVID-19 vaccine in the Dutch city of Leiden, where it is now making an experimental but potentially more profitable vaccine to protect against an unrelated virus, according to a New York Times report.

Laurus Labs signs agreement with MPP for manufacturing Molnupiravir

Mumbai/UNI: Hyderabad-based Laurus Labs Limited on Friday said that it has signed an agreement with MPP (Medicine Patent Pool) for the manufacturing of the oral COVID-19 antiviral medication Molnupiravir.

TCS to bring 80 pc of workers back to office: Report

Bengaluru/IBNS: TCS is preparing to get 80-85 percent of its workers back to its offices as the pace of coronavirus vaccination gains momentum, media reports said.

Union Bank of India conducts e-RUPI module vaccination drive Under CSR initiative

Mumbai/IBNS: Union Bank of India today conducted Vaccination Drive at Thane Region through e-RUPI (Prepaid Voucher) module, a digital solution recently introduced by National Payment Corporation of India (NPCI) and launched by Prime Minister Narendra Modi.

GST Council reduces tax on equipment, meds to fight Covid19

New Delhi/IBNS: The Goods and Services Tax Council Saturday slashed taxes on medicines, medical equipment needed in hospitals and other items used to fight Covid-19.

Steel Minister inaugurates Ispat Nidan Kendra –Jumbo Covid Treatment Centre of SAIL, Rourkela Steel Plant

New Delhi / Rourkela/IBNS: Ispat Nidan Kendra – the newly developed state-of-the-art Jumbo COVID Treatment Centre of SAIL, Rourkela Steel Plant (RSP) was inaugurated by Steel Minister Dharmendra Pradhan through virtual mode on Wednesday.  

India's crude oil imports to drop in May as lockdown restrictions hit oil demand: Report

New Delhi/IBNS: Indian refiners are likely to reduce crude imports in May amid the second wave of coronavirus infection in contrast to April when refiners met all their import commitments but the the full impact of the crisis will get reflected only in May numbers, according to S&P Global Platts Analytics.

RBI Guv Shaktikanta Das asks pvt banks to strengthen their balance sheets

Mumbai/IBNS: RBI Governor Shaktikanta Das in a meeting with the MD & CEOs of some private sector banks on Tuesday through video conference asked them to continue focussing on efforts to further strengthen their balance sheets proactively.

After Mamata seeks tax waivers on Covid meds and equipment, Sitharaman explains how taxation reduces burden on buyers

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman has emphasised that a minimum 5 per cent tax on vaccines and 12 per cent tax on medicines and oxygen concentrators is necessary to keep their prices low while replying to West Bengal Chief Minister.

Revised Indian proposal on patent waiver at WTO to access Covid-19 medicine later this month

New Delhi/UNI: The World Trade Organization will consider in the second half of this month a revised text of the proposal India and South Africa are going to submit for a temporary waiver of certain patent-related obligations to access essential COVID-19 medicines and medical equipment.

Covid-19 peak likely by mid-May: SBI report

Mumbai/IBNS: The second wave of coronavirus in India may touch the peak around mid-May, analysts of country's biggest lender State Bank of India (SBI) have predicted.

Covid-19: IRDAI asks insurers to settle policyholders' claims on cashless basis

New Delhi/IBNS: Insurance regulator IRDAI on Friday asked the insurers to settle the claims of policyholders on cashless basis after reports emerged that some hospitals demanded cash payments from Covid-19 patients.