Amid the reports of coronavirus vaccine shortage from various states, the central government and Hyderabad-based Bharat Biotech are willing to invite other companies which want to produce COVAXIN in a bid to scale up the vaccine production, said NITI Aayog member Dr VK Paul, on Thursday.
Zomato's mega initial public offering (IPO) ended with a bumper 38 times oversubscription on Friday as institutional investors poured money to get a pie of the hottest online food delivery platform. Zomato got bids for 2,751.25 crore shares against 71.92 crore shares on offer, stock exchange data showed. The IPO is India's biggest since March 2020. Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them.
Here's the full list of players sold on Day 1:
Uncapped players who attracted big bids at IPL auction
The active cases have increased to 37,10,525 comprising 15.65 per cent of the total infections.
The death toll due to the viral disease has gone up to 1,57,930 in the country with 77 more fatalities, the ministry's data updated at 8 am showed.
Punjab Kings head coach Anil Kumble was extremely satisfied with the new players, including Liam Livingstone and Odean Smith, coming to his franchise during the IPL 2022 Player Auction, the dynamics of which were "very different and challenging".
FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.
China hiked its annual defence budget by 7.1 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.
India achieved a major milestone in its vaccination programme against COVID-19 as the cumulative vaccine doses administered in the country surpassed the 200-crore mark on Sunday.
The trial is to be conducted on 525 healthy volunteers. In the trial, the vaccine will be given by intramuscular route in two doses at day 0 and day 28.
Even on full volume, there is hardly any distortion in the overall output, says Erick Massey.
The subscriber base is made up of 778.09 million broadband internet users and 47.21 million narrowband internet users.
The World Health Organisation said in its latest update that the XE recombinant (BA.1-BA.2) was first detected in the UK on January 19 and more than 600 sequences have been reported and confirmed since then.
Top gainers in the Sensex pack included SBI, Tech Mahindra, HCL Tech, Kotak Bank, IndusInd Bank, Asian Paints, Infosys and TCS, rising up to 2.31 per cent.
The number of active cases remained below 5 lakh for the sixth consecutive day. There are 4,65,478 active cases of coronavirus infection in the country as on date which comprise 5.26 per cent of the total caseload, the data stated.
Delhi Capitals' co-owner Parth Jindal hinted that the entire league stage of the 14th edition of the Indian Premier League could be held in Mumbai this year.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
In an open letter, the Confederation of All India Traders has appealed to Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott Chinese products under its flagship national movement 'Bharatiya Saaman-Hamara Abhiman'.
Australian fast bowler Pat Cummins shattered the record for the most expensive foreign buy ever in the IPL auction as Kolkata Knight Riders bought him for a massive Rs 15.50 crore.
The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework.
Tech Mahindra was the top laggard in the Sensex pack, followed by Tata Steel, Mahindra and Mahindra, HCL Tech, Infosys, SBI and Bajaj Finance.
While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE), reports Sachin P Mampatta.
Independent directors
Listed companies have seen equity deals worth Rs 23,500 crore in March.
With a potential liability of Rs 750-800 crore, sources say Clix Capital's stand on the matter would be crucial in finalising the merger valuation.
Andy Murray has lost the world number two spot to Roger Federer in the latest ATP rankings released on Monday, after his defeat to Novak Djokovic in the Madrid Masters final.
The polling will be held between 7 am and 2 pm in 34 constituencies -- 17 each in Kashmir and Jammu divisions. Besides DDC elections, polling will be held for panchayat bypolls in 50 vacant sarpanch seats and 216 vacant panch seats falling within the DDC constituencies, an official spokesman said.
Please send your queries to getahead@rediff.co.in with the subject line 'Cars' and experts from CarJasoos.com will answer your queries related to buying new or used cars.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
Unlike in previous years when the under-19 players were in focus and even got lucrative offers, this time the franchises were rather subdued when it came to locking in the junior stars as evidently, it takes time for them to be mature enough for top-flight cricket.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The offer received bids for 75.60 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 2.69 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 34.88 crore shares were bid by 1700 hours.
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
As the country battles the second wave of COVID-19, the government Thursday said the virus may emerge again and so preparations have to be made at the national level in collaboration with states, infrastructure needs to be ramped up while curbs and appropriate behaviour must be followed.
Rajneesh Gupta lists the Afghan players's T20 Internationals records updated after the game against India in the T20 World Cup.
The total market capitalisation of BSE-listed companies had gained Rs 26.79 lakh crore to Rs 1,21,54,525 crore during 2016-17 fiscal.
Tamil Nadu all-rounder M Shahrukh Khan had a base price of Rs 20 lakh but Punjab Kings happily shelled out a huge sum to secure his services
