Archive for January, 2016
01/26/2016
Gennova Biopharmaceuticals, a subsidiary of Pune-based Emcure Pharmaceuticals, is nearing completion of its phase II-III trials of their mRNA-based Covid-19 vaccine. Samit Mehta, president, Emcure, said they were expecting to complete trials in January 2022. The company has applied for manufacturing and stock piling of the vaccines at risk, Mehta said. Gennova is the first
01/26/2016
By Dr Ranjan Chakravarty It is rarely the case that all national macroeconomic events align as well as they had done in the first week of October 2019. The Finance Ministry, with intrepid corporate tax cuts, had accomplished the most stupendous demand side policy move of all to get the economy back onto the growth
01/26/2016
The repeal of the farm laws and the government Indeed, if there is something to be learnt from the 15-month agitation by farm unions, it is that consensus is critical for any major change and that confrontation is best avoided. The tenacious farmers have upped the ante and are demanding a legally guaranteed MSP for
01/26/2016
The gem and jewellery exports witnessed a growth of 45.2 per cent during October at Rs 31,241.09 crore ($ 4,170.59 million) compared to the same month last year due to strong demand from key markets, led by the US, GJEPC said on Tuesday. The overall exports during October 2020 stood at Rs 21,515.97 crore ($
01/26/2016
Sensex and Nifty were revisited by the bulls on Thursdays monthly FO expiry session. SP BSE Sensex added 454 points or 0.78% to close at 58,795 while the NSE Nifty 50 were up 121 points or 0.7% to close at 17,536. Bank Nifty ended 0.21% lower while broader markets mirrored the gain charted by headline
01/26/2016
Political circles in poll-bound Uttar Pradesh are abuzz over a photo of Samajwadi Party patriarch Mulayam Singh Yadav with RSS chief Mohan Bhagwat which has gone viral on social media. The two leaders met each other on Monday at the wedding reception of Vice President Venkaiah Naidu In the photo, Yadav and Bhagwat can be
01/26/2016
Bloomberg: The record-setting rally in the SP 500 is leaving many of its members behind. The index and Alphabet Inc., that are heavily weighted in the index. But beneath the surface is another picture: about 84% of its companies That disconnect raises some alarm bells for Morgan Stanley strategists including Mike Wilson. They wrote in
01/26/2016
The initial public offering (IPO) of HP Adhesives has received an enthusiastic response as the issue has been subscribed 12.58 times so far on the last day of bidding. The IPO saw applications for 3,18,14,450 shares against 25,28,500 shares on offer. The quota reserved for retail bidders was subscribed 56.12 times, whereas HNI allocation fetched
01/19/2016
Amid a war of words with Lalu Prasad Yadavs children after he criticised RJD supremos younger son Tejashwi Yadav for marrying a woman from a different religion, uncle Sadhu Yadav on Saturday said warned Lalu and his wife Rabri Devi of serious repercussions if they did not control their children. These people have been mentally
01/19/2016
A contact of an Omicron case in Rajasthan has been found COVID-19 positive in Delhi and she has been admitted to the Lok Nayak Hospital, officials said on Friday. The woman tested Covid positive on Thursday, is asymptomatic and stable. She did not travel to any foreign country, officials said. According to an official, 17
