Category: Breaking News

Tata Sons, the holding company of Tata Group has quoted a higher price than SpiceJet promoter Ajay Singh for Air India Ltd in the preliminary bidding round.  According to people aware of the development.   The government hopes to privatize India’s flag carrier by the end of the current fiscal year. Tata Sons is in the driver’s seat in the proposed disinvestment process, with the second wave of covid resulting in reduced load factor and suspension of air travel, constricting the cash flows of Air India and lowering its valuation.   The…

Work-from-home became the new normal, and most of the technology companies had adopted to this new system. Google employees were not travelling as much as they would normally on the company’s dime, and that, in addition to expenses from company promotions and entertainment, led to savings of $268 million during the first quarter this year, as compared to the same period last year.   With this Google saved a lot of money last year and that is when the company reported a 34 per cent boost in revenues. According to a…

As India grapples with an unprecedented new wave of the Covid Pandemic, Reliance Industries has risen to the occasion by making an all-out effort to save precious lives. Traditionally, Reliance is not a manufacturer of medical grade liquid oxygen. Yet, starting from Nil before the pandemic, Reliance Industries has now become India’s largest producer of this life-saving resource from a single location. At its refinery-cum-petrochemical complex in Jamnagar and other facilities, RIL now produces over 1000 MT of medical grade liquid oxygen per day .   Under the personal supervision of Shri Mukesh…

It is a grave concern to me as a citizen or judge. If citizens communicate their grievances on social media, we do not want to clamp down on information,” Justice DY Chandrahud said during the hearing as cases of Covid-19 surged across the country.   In a historic judgement, the honorable Supreme Court has ordered no clampdown on information if citizens communicate their grievances pertaining to Covid-19 treatment on social media. If there any clampdown on COVID-19 information will be treated as “contempt of court“, and that directions should be…

Even as the country stands united in the fight against COVID-19, the recent spike in the number of cases is a matter of concern. In this context, the quality online Yoga training programmes offered by the Morarji Desai National Institute of Yoga (MDNIY) under the Ministry of Ayush, which are health-promotive and anxiety-relieving, provide useful support to the common people to balance their daily lives in the changed scenario. In addition to physical health and emotional well-being, Yoga also offers a positive pathway to overcome the activity crisis faced by…

With the healthcare system of the national capital is very much struggling to keep up with growing COVID-19 cases, Delhi Chief Minister Arvind Kejriwal on Saturday wrote to his counterparts in all the other states and union territories requesting for oxygen supply.   The hospitals are completely overrun, and healthcare workers are exhausted.  There is very shortage of oxygen supply in the national capital, a sources said Patients dying without oxygen. The capital, Delhi, is one of the worst-hit areas. Oxygen is one of the major treatments to stabilise the patient,…

The present drastic increasing in the number of Corona Virus cases in the country illustrates, in the near-collapse of the health infrastructure under the high burden. The Delhi Corona website showed vacanacies at hospitals have significantly dropped in the past two days.   The National Health Authority or NHA which is the implementing agency of the national health mission and prestigious Ayushman Bharat Yojna, said that the technology-backed intervention would boost vaccination initiative, and could effectively check a gap between demand and supply.   A report says, the Centre is…

Biological E. Limited (BE), a Hyderabad-based vaccine and pharmaceutical company, today announced that it has successfully completed the Phase I/II clinical trial of its COVID-19 subunit vaccine candidate in India and received the approval to start the Phase III clinical trial from the Central Drugs Standard Control Organization (CDSCO) – Subject Expert Committee (SEC).   BE started the Phase I/II Clinical Trial of its COVID-19 Vaccine Candidate in the second week of November 2020. Its candidate includes an antigen developed by Texas Children’s Hospital Center for Vaccine Development and in-licensed from BCM Ventures, Baylor College of…

Zydus Cadila’s shares have jumped over 4% to close at over ₹570 a piece on Friday. Cadila said in its Phase III clinical trials, the therapy had shown better clinical improvement in the patients suffering from COVID-19.   This was after the Drugs Controller General of India (DCGI) gave emergency approval for its anti-viral drug Pegylated Interferon alpha-2b, ‘Virafin’ for treating moderate COVID-19 infections in adult. Sharvil Patel, MD said the drug will be available in the market in next few days.   Virafin’ in treating moderate COVID-19 infection in…

Outgoing Chief Justice of India (CJI) Arvind Bobde said he was leaving the Supreme Court with “happiness, goodwill and very fond memories” and the satisfaction of having done his best. “I leave with the satisfaction that I did my best. I hand over the baton to Justice N V Ramana (48th CJI) who will I am sure will very ably lead the court.”   Justice Bobde, who decided several key cases during his tenure including the historic Ayodhya verdict, was administered oath as the 47th CJI in November 2019 and…