Covishield moves closer to roll-out; SII gets in-principle nod from panel

[Business-Standard]( Daily Newsletter 2 January 2021 | 02:42 AM [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 47868.98 (117.65) [NIFTY]( 14018.50 (36.75) GOLD (MCX 10 GM) 50235.00 (84.00) SILVER (MCX 1 KG) 68120.00 (15.00) USD ($) / INR(Rs) 73.15 (-0.16) Front Page [Covishield moves closer to roll-out; SII gets in-principle nod from panel]( India would need 30 million doses in the first phase when it vaccinates the essential services workers including health care professionals, ... [GST mop-up at record high, surges to Rs 1.15 trillion in December]( The collection rose for the fourth consecutive month in December, indicating the reinstatement of normalcy in economic activity after months of ... [Mahindra and Ford Motor Co call off proposed JV citing pandemic]( Mahindra also expects to close deal with a potential buyer for a stake sale in Ssangyong [Indian IT firms to take a hit as Trump extend H-1B visa, green card freeze]( The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year. [Companies shelve capex plans on pandemic blow, new projects decline 88%]( Completed projects are down 74.3 per cent to Rs 43,000 crore [Premium Content][Curfews help Swiggy, Zomato serve record food orders on New Year's Eve]( At peak, while Swiggy fulfilled 5,500 orders per minute, Zomato clocked in 4,254 orders per minute [Premium Content][Telecom, pharma on revival path as businesses limp back to pre-Covid levels]( In the second part of the series, we are looking at the telecom, pharma, and automotive sectors [Premium Content][India readies for mega Covid vaccine rollout; phase 1 targets 300 million]( On priority list: Health care and frontline workers; those over 50; and below 50 with co-morbidities [Farmers threaten to intensify agitation if demands aren't met by Jan 4]( Over 850 academicians extend support to the three farm acts [Army inks deal to procure 12 patrol boats for surveillance of Pangong lake]( Official sources said the boats are being procured for surveillance of Pangong lake as well as other water bodies in mountainous areas Companies [Premium Content][Two-wheeler EV firms see growth in post-Covid demand for personal transport]( SMEV data shows that two-wheeler EV sales between April and December stood at around 80,000 units - 3,000 units in Q1 (April-June), rising to ... [Premium Content][The story behind the rise of Serum Institute, world's vaccine factory]( Today, SII sells about 1.5 billion vaccine doses every year to 170 countries and is the largest producer of vaccines globally by number of doses [Premium Content][What sets Zydus Cadila apart among indigenous players in Covid vaccine race]( The company says the stability of the vaccine is one of its biggest advantages amid dry runs of mass vaccination programmes being conducted in ... [Premium Content][Healthcare provider Aster DM looks at asset-light plan for India expansion]( It is rolling out a 350-bed multi-specialty hospital in Bengaluru next year with a capex of Rs 200 crore [» Read More Stories in Companies]( Economy & Policy [Premium Content][UPI handled record 2.23 bn transactions, worth Rs 4 trn, in December]( Payments system breached the 2-billion mark in volumes for the third time in December [Premium Content][Demand for MGNREGS work returns in Dec; 80% of FY21 funds already spent]( The reversal in demand also reflects the growing need for further pushing the programme [Bank credit growth slows in Q2; personal loans maintain double-digit growth]( Industrial credit, however, contracted 1.7 per cent YoY and its share in total credit was nearly 30 per cent at the end of the quarter. [Premium Content][Slowing economy drove urban unemployment to four-quarter high in Q4FY20]( The spike in the rate could also be attributed to a slightly higher willingness among women to participate in the job market [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Ports]( 503.50 4.13 [Asian Paints]( 2775.00 0.38 BSE TOP GAINERS Company Price (Rs) Change (%) [Rain Industries]( 144.20 13.99 [Indiamart Inter.]( 7041.30 9.93 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Vakrangee]( 65.65 -4.99 [Indian Energy Ex]( 219.75 -3.49 [Premium Content][Share buybacks fail to boost firms' long-term stock performance]( Since April 2017, 176 companies have repurchased their shares. Some of them have done multiple buybacks. Of these shares of 111 companies are ... [Premium Content][All-round performance is fuelling the rally in Tata Consumer Products]( Top performer on the Nifty FMCG index; Up 86 per cent in last 12 months [Dragon races ahead as gulf between China and India market caps widens]( China's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 - 2.4 per cent of the global m-cap [Reliance Petroleum case: Sebi imposes fines on RIL, Mukesh Ambani]( Fines of Rs 25 crore and Rs 15 crore have been imposed on RIL and Ambani, respectively [» Read More Stories in Markets]( Opinion [Premium Content][Looking back, and forward: How economies and economics changed in 10 years]( Even as both India and the world struggle to re-build after Covid-19, they face slow-burn problems that could develop into full-blown crises, ... [Premium Content][How Biden can restore multilateralism]( The world needs more than Trump's narrow transactional approach; so does the US [Premium Content][Balkanisation fears and threats]( Recently, a well-known politician made a remark about the potential Balkanisation of India [Premium Content][Age no bar]( Delhi is among a handful of states and Union Territories - Punjab, Haryana, Chandigarh and Maharashtra being others - that mandate an MLDA of 25 ... [Premium Content][Don't repeat 2020]( Over the past week, some academic research has emerged on the England strain in particular. The consensus is that it raises the infection rate, ... [Premium Content][Macroeconomics needs to focus on managing abundance and not scarcity]( Macroeconomic theory has to be constructed around this now, not the old Keynesian identity which took deficiency as its starting point [» Read More Stories in Opinion]( Finance [RBI constructs index to capture digital payments penetration in country]( RBI has constructed a composite digital payments index (DPI) with March 2018 as the base period to capture the extent of digitisation of ... [Indian banks' loans rose 6.1% in two weeks to Dec 18, shows RBI data]( Outstanding loans rose 518.61 billion rupees ($7.09 billion) to 105.50 trillion rupees in the two weeks to Dec. 18 [RBI to conduct simultaneous sale-purchase of govt securities on Jan 7]( The Reserve Bank of India will conduct simultaneous purchase and sale of government securities under open market operations for Rs 10,000 crore ... [CCPA seeks RBI intervention on banks delaying refund when transactions fail]( Newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on ... [» Read More Stories in Finance]( Technology [Premium Content][Google is like a curious child, it keeps trying new things: Sanjay Gupta]( Gupta reckons that technology has only been harnessed partially so far. There are immense possibilities with languages and better internet ... [PlayStation Plus announces new lineup of free games for Jan 2021]( Sony has announced that its gaming subscription service 'PlayStation Plus' users will get a new lineup of free games next month [Google online store adds new dedicated section for 'subscriptions']( Tech giant Google recently added a new section on its online store which gives all the information one needs about all the different ... [Xiaomi Mi QLED TV 4K review: A wholesome package despite some flaws]( Despite its accessible price tag, the Mi QLED TV 4K barely cuts corners on major features, technology or otherwise [» Read More Stories in Technology]( PF [Premium Content][Increase life insurance cover to keep pace with your liabilities]( Convert policies into 'paid-up' if internal rate of return is below promised levels [» Read More Stories in PF]( Beyond Business [Premium Content][Archaeologist as public servant]( Nayanjot Lahiri deftly portrays the career of one of independent India's pre-eminent but little-known archaeologists [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. 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