Sohini Das &Amp;Amp; Shine Jacob

Stories by Sohini Das &Amp;Amp; Shine Jacob

Customs to clear pharma raw materials from China

Customs to clear pharma raw materials from China

Rediff.com   1 Jul 2020

Apart from them, consignments of 11 top importers, including LG, Samsung, Toyota, Honda, and Siemens, will also be allowed entry, relieving them of the 100 per cent inspection rule.

Cipla to price Remdesivir for Covid-19 under Rs 5,000

Cipla to price Remdesivir for Covid-19 under Rs 5,000

Rediff.com   25 Jun 2020

Hetero has priced the injectable drug at Rs 5,400 per 100 mg vial. With More drugmakers in line to launch the drug soon, the prices may see a further erosion.

Pinarayi Vijayan: The CM as crisis manager

Pinarayi Vijayan: The CM as crisis manager

Rediff.com   24 Jun 2020

The Kerala chief minister's four years in office may well be remembered for the way he handled Cyclone Ockhi, two floods, Nipah, and now COVID-19, reports Shine Jacob.

ONGC halts operations at two rigs as 54 employees test COVID positive

ONGC halts operations at two rigs as 54 employees test COVID positive

Rediff.com   23 Jun 2020

A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added there was no impact on the company's production.

Hetero to launch Remdesivir as Covifor this week

Hetero to launch Remdesivir as Covifor this week

Rediff.com   22 Jun 2020

The Hyderabad-based firm will first make the drug available in high case load areas of Maharashtra and Delhi under the brand Covifor. A single dose vial is likely to cost Rs 5,000-6000.

COVID-19: Govt panel recommends capping private hospitals' rates

COVID-19: Govt panel recommends capping private hospitals' rates

Rediff.com   20 Jun 2020

The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).

Ladakh stand-off: Railways cancels Chinese contract

Ladakh stand-off: Railways cancels Chinese contract

Rediff.com   19 Jun 2020

Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.

India-made Remdesivir may come out in 10 days

India-made Remdesivir may come out in 10 days

Rediff.com   19 Jun 2020

The antiviral drug may cost around Rs 55,000 for an 11-dose course, or Rs 5,000 per injection -- much less than the price of imports from Bangladesh, reports Sohini Das.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

Experts from US to join efforts to control Assam oil well fire

Experts from US to join efforts to control Assam oil well fire

Rediff.com   14 Jun 2020

Singapore-based Alert Disaster Control, one of the largest disaster management companies in the oil and gas sector, has already joined the team of experts from ONGC and OIL, reports Shine Jacob.

Ban on private labs in Mumbai may hit COVID-19 battle

Ban on private labs in Mumbai may hit COVID-19 battle

Rediff.com   13 Jun 2020

The testing rate is likely to slow down, report Pavan Lall and Sohini Das.

ICMR study hints at much wider spread of COVID-19

ICMR study hints at much wider spread of COVID-19

Rediff.com   10 Jun 2020

ICMR's serological survey, whose findings will be made public next week, suggests that the rate of contagion may be a lot higher in most-affected cities such as Delhi, Mumbai, and Pune.

Despite controversies India sees widespread use of HCQ

Despite controversies India sees widespread use of HCQ

Rediff.com   9 Jun 2020

Once touted as a 'wonder drug', HCQ has been battling global controversies around its safety and efficacy as a prophylactic against the new coronavirus SARS-CoV-2.

Lockdown woes: Rail freight traffic drops 28% in April-May

Lockdown woes: Rail freight traffic drops 28% in April-May

Rediff.com   8 Jun 2020

Freight earnings too saw a decline of Rs 8,284 crore to Rs 13,412 crore in the first two months of FY21, compared to Rs 21,696 crore during the same period last year.

The flip side of oil companies' digital drive

The flip side of oil companies' digital drive

Rediff.com   4 Jun 2020

OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.

Railways likely to freeze hiring, cut allowances

Railways likely to freeze hiring, cut allowances

Rediff.com   26 May 2020

Railway traffic has dropped 32 per cent to 99.86 mt between April 1 and May 14, compared to the same time last year, while its revenue, too, dipped 41 per cent to Rs 9,094.38 crore.

Medical devices industry eyes Rs 70,000 cr investment in 5 years

Medical devices industry eyes Rs 70,000 cr investment in 5 years

Rediff.com   24 May 2020

The government is targeting 1,200 technical collaborations between Japanese companies and Indian investors for over Rs 42,000 crore, 200 joint ventures with overseas investors for Rs 14,000 crore, and another Rs 14,000-crore investment from about 50 multinational companies.

Low demand pulls down India's April oil refinery output by 29%

Low demand pulls down India's April oil refinery output by 29%

Rediff.com   24 May 2020

According to industry experts, the consumption of petroleum products in the month of April was only 30-40 per cent of what it had been prior to the lockdown. Due to this, refineries were forced to bring down their capacity too.

How India Inc is trying to save jobs

How India Inc is trying to save jobs

Rediff.com   21 May 2020

India's biggest firm, Reliance Industries, has decided to cut salaries by 10 per cent in its oil and refining divisions. Several smaller companies like Kajaria Ceramics have followed suit with cuts as high as 40 per cent for those earning more than Rs 50 lakh.

After April shock, drug sales improve in May

After April shock, drug sales improve in May

Rediff.com   20 May 2020

The industry feels two factors have played a role in improving the offtake and reducing trade inventory - one is that the supply chain in pharmaceuticals has more or less stabilised, and secondly, with lockdown curbs easing and OPDs opening, some demand has grown at the consumer end as well.