Adar Poonawalla-controlled Rising Sun Holdings Pvt Ltd along with two other individuals have made an open offer to buy an additional 26 per cent stake in non-banking financial company Magma Fincorp
After audit of Pune plant, Serum may supply vaccines to UK as well
South Africa plans to share AstraZeneca shots via African Union, says Anban Pillay, deputy director-general at the Department of Health
With Poonawalla taking control and fortunes of Magma Fincorp (MFL) expected to change, investors rushed to buy the latter's shares which were locked in the 10 per cent upper circuit band
As a part of deal, Magma will get fresh capital of Rs 3,456 crore
Vaccine delivery needs to move beyond govt control
On Monday, the central bank said it would buy bonds worth Rs 20,000 crore from the secondary markets on Wednesday. Read top news with Business Standard here
The WHO's initiative to provide equitable access to vaccines - COVAX - is devoid of the funds needed to procure and supply the shots to poorer countries.
The nationwide 'R-value' stays steady, over 5 million people vaccinated, Indians locked out of Saudi, and more-news relevant to India's fight against Covid-19
Serum is instead prioritising state immunisation campaigns
The UN children's agency said it will have access to up to 1.1 billion doses of vaccines for around 100 countries
As of now, Covax has not disclosed the India distribution plan for the Pfizer-BioNTech vaccine
The Centre on Wednesday placed a second purchase order with the Serum Institute of India for the supply of one crore doses of Oxford-AstraZeneca COVID-19 vaccine Covishield'
Serum Institute will supply 1.1 billion doses of Covid-19 vaccines developed by AstraZeneca and Novavax to the COVAX vaccine scheme
Serum Institute of India and Bharat Biotech applauded the government's increased allocation for the healthcare sector and on providing Rs 35,000 crore towards Covid-19 vaccination in 2021-22 fiscal.
A local court has rejected an application seeking injunction against the use of 'Covishield' as brandname by the vaccine-maker Serum Institute of India
SII is already manufacturing millions of doses of Covishield vaccine in technical collaboration with Oxford University and AstraZeneca
India's Ministry of External Affairs had announced vaccine rollout for several countries from January 20
After the arrival of the vaccine doses via Dubai, these will undergo some processes for 10 to 14 days, after which these will be distributed among provinces, he said during a virtual press conference
To raise manufacturing capacity by 30% over next 2 months from present 2.4 mn doses