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  • Karnataka

    India's Wockhardt to supply COVID-19 vaccines to UK

    BENGALURU: Indian drugmaker Wockhardt Ltd will supply millions of doses of multiple COVID-19 vaccines to the UK, including the one being developed by AstraZeneca and Oxford University, it said on Monday. The company has reserved fill-and-finish capacity - the final manufacturing step of putting vaccines into vials or syringes and packaging them - as part of an agreement with the UK government,...

    • 21 hrs ago
  • Top Stories

    Serum-Oxford COVID-19 vaccine gets DCGI grant for human trials in India

    New Delhi: The Drugs Controller General of India (DCGI) has given nod to the Serum Institute of India (SII) for conducting phase 2 and 3 human clinical trials of the Oxford University developed COVID-19 vaccine candidate in the country. Government officials told PTI that the approval for conducting phase 2 and 3 clinical trials by the SII was granted by DCGI Dr V G Somani...

    • 23 hrs ago
  • Companies

    Apple, Samsung proposes Rs 11,000 crore mobile phone production in India

    NEW DELHI: As many as 22 domestic and international firms, including iPhone maker Apple's contract manufacturers as well as Samsung, Lava, Dixon and so forth, have lined up with proposals for mobile phones production worth Rs 11 lakh crore over the next five years, Union Telecom and IT Minister Ravi Shankar Prasad said on Saturday. The minister said these proposals under...

    • yesterday
  • Companies

    Apple now world's most valuable company, dethrones Saudi Aramco

    New York: Apple has surpassed oil giant Saudi Aramco to become the world's most valuable publicly traded company with a market valuation of 1.84 trillion dollars. Apple rode the company's strong earnings report and its shares closed up by 10.47 per cent on Friday, reports CNBC. Saudi Aramco, which had been the most valuable publicly listed company since its market debut last...

    • 2 days ago
  • Companies

    Big Tech including Apple, Facebook reports mixed earnings amid pandemic

    Washington: Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. The staggering economic fallout caused by the coronavirus pandemic was reflected in reports released Thursday from Amazon, Facebook, Apple and Google's corporate...

    • 4 days ago
  • Companies

    Reliance Jio's Q1 net profit surges nearly 183% to Rs 2,520 crore

    New Delhi: Reliance Jio on Thursday posted nearly 183 per cent jump in its net profit to Rs 2,520 crore for the June quarter. The net profit stood at Rs 891 crore in the corresponding quarter previous year. Jio's operating revenue for the Q1 FY21 grew 33.7 per cent year-on-year to Rs 16,557 crore. Its total customer base as on June 30, 2020 stood at of 398.3 million, and...

    • 4 days ago
  • Companies

    IndiGo revenue dips 92%, reports Q1 net loss of Rs 2,844 crore

    New Delhi: InterGlobe Aviation on Wednesday reported a net loss of Rs 2,844.3 crore for the three months ended June due to disruptions caused by the coronavirus pandemic, and the airline has pitched for removal of cap on fares. The parent of the country's largest airline IndiGo had a net profit of Rs 1,203.1 crore in the year-ago period. In the first quarter of the current...

    • 5 days ago
  • Companies

    Bharat Petroleum bid submission deadline extended for second time

    MUMBAI: India's finance ministry said Wednesday it had extended the deadline for submission of bids for the sale of its stake in oil refiner Bharat Petroleum Corp Ltd to Sept. 30, allowing more time for interested parties. It was extended 'in view of further requests from the interested bidders and the prevailing situation arising out of COVID-19,' the ministry said in a...

    • 5 days ago
  • Top Stories

    Hyderabad's Hetero launches COVID-19 drug Favivir at Rs 59 per tablet

    Hyderabad: Hetero Labs, part of Hetero group on Wednesday announced the launch of generic Favipiravir in India under the brand name 'Favivir.' According to a press release issued by the city-based drug maker, Hetero has been granted the manufacturing and marketing approval for Favipiravir from the Drug Controller General of India (DCGI). Favivir is the second drug developed...

    • 6 days ago
  • Companies

    Moderna to price COVID-19 vaccine at $50-$60 per course

    Moderna Inc is planning to price its coronavirus vaccine at $50 to $60 per course, at least $11 more than another vaccine from Pfizer Inc and BioNTech, the Financial Times reported on Tuesday, citing unnamed sources. Moderna's proposed price for a two-dose course sold to governments compares with $39 for two doses under a deal that Pfizer Inc and German partner BioNTech struck with the U.S....

    • 6 days ago

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