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Bharat Biotech vaccine may cost less than Serum's; govt working on pricing

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Daily Newsletter 7 January 2021 | | | | | | LIVE MARKETS 48174.06 14146.25 GOLD 50580.00 SILVER 6917

[Business-Standard]( Daily Newsletter 7 January 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 48174.06 (-263.72) [NIFTY]( 14146.25 (-53.25) GOLD (MCX 10 GM) 50580.00 (-1140.00) SILVER (MCX 1 KG) 69171.00 (-1687.00) USD ($) / INR(Rs) 72.94 (0.05) Front Page [Premium Content][Bharat Biotech vaccine may cost less than Serum's; govt working on pricing]( The final contract is expected to be signed soon [Premium Content][Honda Motorcycle announces its first-ever VRS amid weak two-wheeler demand]( Scheme offered to the 40-plus or those with 10 years in the company [Govt to hold spectrum auctions from March 1; DoT invites applications]( Spectrum will be offered in seven frequency bands - 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, and 2500 MHz [Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn]( The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion [Premium Content][Tata Motors eyes lost ground, brings back Safari to push SUV sales]( The Mumbai-based firm will launch the new Safari next month followed by the Hornbill next fiscal [Premium Content][Govt may raise capex outlay in upcoming Budget to revive ailing economy]( Analysts say it could be 10% more than allocation for FY21 [Premium Content][PLI scheme: Lava seeks to reboot with first locally made smartphone]( Wishes to cash in on geopolitical situation, hopes anti-China sentiment will work in its favour [Boost to realty as Maharashtra govt slashes premium for construction by 50%]( Reduction approved under new DCPR rule 2034 across the board for on-going and new projects up to Dec 31, 2021 [WhatsApp updates privacy policy, makes Facebook data sharing mandatory]( The users have at least one month's notice before the privacy policy and terms go into effect in February 2021 [Premium Content][Free vaccines may require states to spend a third of their health Budget]( While Covishield could erode a third of states' health bill if they bear the full cost, approval of the Pfizer jab would double the health spend Companies [Premium Content][How Byju's learnt its way into 'Deccacon' club through the pandemic]( Byju Raveendran leveraged the lockdown and related restrictions to strengthen and expand his edtech company into the 'Deccacon' club [Premium Content][Decks may soon be cleared for Container Corporation privatisation]( The policy will provide clarity on lease rates the new buyer of the company will have to pay [Premium Content][Beauty start-up Nykaa sitting pretty on path to profitability as IPO looms]( It is targeting $ 1 billion in GMV by 2025 (from around $ 75 million) based on Goldman Sachs discussions with the company's top brass sometimes ... [Premium Content][IPO street: From Zomato to InMobi, 2021 could be the year of start-ups]( The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered ... [» Read More Stories in Companies]( Economy & Policy [Advance Estimates for GDP: How accurate have they been over the years?]( Advance Estimates have accurately projected the real GDP growth rate in three of the past 12 years [Cigarette makers fume as govt proposes changes to anti-smoking law]( India has over the years introduced tobacco controls and launched campaigns to deter its use, but enforcement of the law has been a challenge [Govt allows EPFO to invest in public sector debt ETFs like Bharat Bond]( The government has amended the labour ministry's notification in this regard [Service sector growth at three-month low in Dec due to Covid: PMI survey]( PMI fell to 52.3 in December from 53.7 in November; Companies fire workers due to liquidity problem among other factors [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Transmissi]( 453.30 3.62 [Alkyl Amines]( 5089.35 -1.00 BSE TOP GAINERS Company Price (Rs) Change (%) [Amber Enterp.]( 2629.60 9.78 [Suprajit Engg.]( 218.70 9.35 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Venky's (India)]( 1558.95 -6.04 [PNC Infratech]( 174.80 -5.59 [Premium Content][GIFT City may have single bullion exchange after regulator's nudge]( 3 exchanges are working towards a common platform and also competing together for international biz [M-cap of top 7 global tech stocks surged 61% last year, shows data]( Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia [Premium Content][Sebi suggests easing of ownership norms for exchanges, depositories]( According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution ... [Premium Content][Foreign portfolio investors accounted for 55% of IPO mop-up in 2020]( The Indian anchor list was dominated by mutual funds, with just one insurance firm HDFC Life Insurance in the top 15; it contributed Rs 109 [» Read More Stories in Markets]( Opinion [Premium Content][Not recap alone]( Budget could be a good starting point for deeper banking reforms [Premium Content][Good on paper]( Making ethanol from food products can increase stress [Premium Content][Two steps to boost broadband usage]( The first, fixing technology gaps, should be easy. The second warrants consideration for better services and to avoid undue disruption [Premium Content][Exports: A post-Covid opportunity]( In order to obtain 7 per cent growth, among other things, India has to tackle the stagnation in exports and the next Budget can make a beginning [» Read More Stories in Opinion]( Finance [Premium Content][Demand for retail loans expected to continue upward journey: Experts]( Large non-banking financial companies (NBFCs) and a few private banks - that have disclosed December quarter trends of advances - are showing ... [Premium Content][Flexible inflation targeting: Fix the underlying first - it is broken]( The RBI must push the government to put the periodical rebasing of the CPI into the inflation targeting agreement [Pvt banks report healthy deposit accretions, sluggish advances growth in Q3]( Small and mid-sized private sector banks have reported a healthy deposit growth in the third quarter [SMCB becomes India's first urban co-operative bank to transition to SFB]( The bank had received an in-principal approval from the RBI for transitioning to a SFB in January 2020 [» Read More Stories in Finance]( Technology [Apple users end 2020 by spending $1.8-bn on apps, most of it on games]( New Year's Day set a single-day spending record of $540 million on the App Store, up from $386 million on that day in 2020 [CES 2021: TCL to unveil mini-LED display technology on January 11]( TCL announced that it would unveil the next generation mini-LED and future display technology at the world's largest tech expo 'CES 2021' which ... [Here is why the Apple iPhone 12 costs 21% more than iPhone 11]( According to an in-depth analysis, the blended materials cost for iPhone 12 with 128GB NAND flash is nearly $415, a 21 per cent increase over ... [CES 2021: From bendable OLED TV to Micro LED TVs, here is what to expect]( Consumer Electronics Show (CES) 2021 is set to kick start from January 11 [» Read More Stories in Technology]( PF [Premium Content][String of IPOs lined up, study them in detail before investing in any]( A bull market carries the risk that offerings could turn pricier, but their fundamentals could deteriorate [» Read More Stories in PF]( Beyond Business [Premium Content][Every breath you take]( Book review of Breathing Here is Injurious to Your Health [» 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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