Indian market recouped losses and closed higher on Wednesday. The S&P BSE Sensex rose more than 100 points while the Nifty50 closed above 19,600 level. Sectorally, buying was seen in metals, consumer durables, oil & gas, and capital goods while selling was seen in realty and banks. Stocks that were in focus include names like … Read more
The Indian market is expected to trade higher on Monday tracking positive global cues. The 30-share BSE Sensex fell 259 points to settle at 62,979, while Nifty was down 105 points at 18,665 on Friday. India VIX was down 3% from 11.55 to 11.23 levels on Friday. Lower volatility keeps the market choppy within a … Read more
The two-dose Sputnik V vaccine is already part of the national Covid-19 vaccination programme with 12.11 lakh doses administered so far. Dr Reddy’s Laboratories said it was looking at introducing the Sputnik Light Covid-19 vaccine as a booster dose in the country. “The current restricted use in emergency approval to Sputnik Light is for the … Read more
The PM exhorted that the country needs to institutionalise the best practices learnt during the last one and a half years. PM Modi interacted with the domestic vaccine manufacturers at Lok Kalyan Marg. Prime Minister Narendra Modi on Saturday praised efforts of Indian vaccine manufacturers, which, he said, resulted in the country crossing the milestone … Read more
As per the agreement, the pharma majors will jointly sponsor, supervise and monitor the clinical trial in India. Five major pharma companies of India have entered into a collaboration for the clinical trial of oral anti-viral drug Molnupiravir for the treatment of mild COVID-19. Indian pharmaceutical companies that have joined hands for this are – … Read more
During the surge in cases, those looking for the miracle drug were asked to be in touch with DRL which was sending directly to the hospitals on presentation of the prescriptions. (Photo source: IE) Wait for the 2-deoxy-D-glucose (2-DG), could get longer. This anti-COVID-19 therapeutic drug 2-deoxy-D-glucose (2-DG) was supposed to be available commercially mid-June, … Read more
Dr Reddy’s has received 1.5 lakh Sputnik V vaccine for the first dose last week and the second consignment of 60,000 for the second dose during the weekend. (Photo source: Reuters) Hyderabad-based pharma company Dr Reddy’s Laboratories (DRL) on Monday soft-launched the pilot programme of Sputnik V Covid-19 vaccination in the country. The company said … Read more
Experts feel that these firms should strengthen their cybersecurity measures. (Photo source: IE) Indian pharmaceutical company Lupin is the latest victim of a cyber attack. The incident has been reported just a fortnight after Dr Reddy’s Laboratories ‘isolated’ its data centre services after being hit by a similar attack. According to a report by The … Read more
The Sputnik V COVID-19 vaccine has been developed by Moscow’s Gamaleya Research Institute of Epidemiology and Microbiology and it was touted as the “World’s first Coronavirus vaccine” when it received approval for public use in August. (Representational image) COVID-19 vaccine update: In a major boost to the prospects of a Coronavirus vaccine for India, drugmaker … Read more