Covid19: Centre removes duty on Amphotericin B, raw materials for Covid testing kits
New Delhi/IBNS: The government has waived off the basic customs duty on imports of raw materials for manufacturing Covid test kits and antifungal drug Amphotericin B and raw material for Covid-19 test kits for a limited period.
WardWizard clocks 310 pc sales growth in June
New Delhi/UNI: WardWizard Innovations and Mobility Ltd, a manufacturer of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with bullish tendency, selling 938 units and registering a growth of more than 310 per cent.
COVID-19 impact on tourism could deal $4 trillion blow to global economy: UN report
New York: The impact of the COVID-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organization (UNWTO).
Honeywell launches authentication technology to prevent counterfeit pharma products
Bengaluru/UNI: Honeywell on Monday announced digital authentication technology for pharmaceutical products in a bid to fight rising counterfeit crime in India.
Stimulus helps Indian firms boost financial health post COVID-19 second wave
New Delhi: Unprecedented stimulus spending seems to be helping in the recovery of the financial health of Indian companies after a deadly second wave of the COVID-19 pandemic, media reports said.
Thomas Cook, SOTC launched a travel scheme among concerns
Chennai/UNI: With the decline in the second COVID-19 wave and acceleration of vaccine drives, Indians are showing an increasingly positive travel sentiment.
PepsiCo Foundation in partnership with SEEDS India provides oxygen concentrators in Bengal's Howrah
Kolkata/UNI: Continuing with its efforts to fight the Covid-19 pandemic and helping the communities in need, PepsiCo Foundation has announced a series of community relief outreach programs for West Bengal in partnership with Sustainable Environment and Ecological Development Society (SEEDS) India.
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.
COVID-19 impact: Vehicle sales down by 65 pc in May
New Delhi/UNI: COVID-19 induced lockdowns and other restrictive measures in various states have led to a sharp decline in domestic automobile sales figure in May 2021, data released by Society of Indian Automobile Manufacturers (SIAM) on Friday showed.
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.
Black Fungus medicine exempted from tax, Centre decides at GST Council meet
New Delhi/IBNS: Amid the rising cases of Black Fungus, the medicine to treat the disease-Amphotericin B-has been exempted from integrated goods and services tax (IGST), the goods and services tax council decided in a meeting held on Friday after a gap of eight months.
Ambuja Neotia Group and ICICI Lombard jointly open a 58-bed COVID Care Centre in New Town
Kolkata: Ambuja Neotia and ICICI Lombard jointly announced the opening of ‘Vinod Neotia Covid Care Centre’, a 58-bed first-line COVID care facility in New Town.
Jindal Stainless commits support to families of employees lost to COVID-19
New Delhi: Aligned to its people-first ethos, Jindal Stainless on Friday announced a policy to extend all-round support to immediate family members of all its employees, including those working in its subsidiaries, who lost their lives to the current pandemic.
Monetary expansion or printing of money: Uday Kotak on ways to revive COVID-19-hit economy
Mumbai/New Delhi/IBNS:Kotak Mahindra Bank CEO, Uday Kotak, has proposed a few ways to the central government to carve a path out of the economic downslide caused by COVID-19 pandemic and subsequent lockdown.
Ola completes vaccination for over 50% of its employees and their dependents
Kolkata: Ola, a mobility company, on Wednesday announced that it has successfully administered the first dose of vaccinations for over 50 percent of its employees and their dependents.