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  • Can the single dose Sputnik Light COVID-19 jab be a game changer for India? May 07, 2021 09:08 PM IST

    Can the single dose Sputnik Light COVID-19 jab be a game changer for India?

    Experts say that a single dose COVID-19 vaccine will help vaccinate twice as many people in the same amount of time, but the long term protection of these vaccines remain unclear

  • Life, non-life insurers see double-digit premium growth in April May 07, 2021 07:09 PM IST

    Life, non-life insurers see double-digit premium growth in April

    Life insurers saw a 44.8 percent growth in first year premiums while non-life insurers saw 22 percent YoY growth.

  • JSW Steel inks pact with JFE Steel Corp to conduct feasibility study for proposed JV in India May 07, 2021 12:29 PM IST

    JSW Steel inks pact with JFE Steel Corp to conduct feasibility study for proposed JV in India

    The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up this JV company subject to requisite approvals, JSW Steel said in a regulatory filing.

  • Indian airlines risk consolidation, plane repossessions amid COVID-19 surge May 07, 2021 12:14 PM IST

    Indian airlines risk consolidation, plane repossessions amid COVID-19 surge

    Passenger traffic fell nearly 30% in April from a month before and has halved again so far in May, forcing even the country's biggest and most cashed-up carrier, IndiGo, to gear up for the storm.

  • Why Coforge is our favourite midcap IT pick May 07, 2021 09:38 AM IST

    Why Coforge is our favourite midcap IT pick

    Coforge's valuation offers an upside and investors should consider adding the stock in every decline

  • Axis Bank revises fixed deposit interest rates; check latest FD rates May 07, 2021 09:13 AM IST

    Axis Bank revises fixed deposit interest rates; check latest FD rates

    Axis Bank has revised interest rates on fixed deposits (FDs) with effect from May 6.

  • PSBs will only lead bad bank, private banks also need to support it: SBI MD Swaminathan J May 07, 2021 09:05 AM IST

    PSBs will only lead bad bank, private banks also need to support it: SBI MD Swaminathan J

    If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company''s outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all.

  • Weekly Tactical Pick | Goldiam International May 07, 2021 09:00 AM IST

    Weekly Tactical Pick | Goldiam International

    Improving key market macros and growth initiatives make Goldiam International a good bet

  • Indian pharma cos welcome patent waivers on COVID vaccines, says tech transfer needed to scale up May 06, 2021 07:52 PM IST

    Indian pharma cos welcome patent waivers on COVID vaccines, says tech transfer needed to scale up

    Experts say India has a considerable knowledge base on vaccine platforms such as whole virion vaccines (inactivated or live virus), viral vectors and recombinant proteins. Here the patent waiver may not be of much help.

  • JBCPL launches new division offering therapies targeting kidney diseases May 06, 2021 02:58 PM IST

    JBCPL launches new division offering therapies targeting kidney diseases

    The new division will focus exclusively on comprehensive renal care ranging from the management of hypertension in Chronic Kidney Disease to End-stage renal disease, the company said.

  • IDBI Bank divestment: LIC may sell stake in multiple tranches, up to 5% in FY22 May 06, 2021 01:34 PM IST

    IDBI Bank divestment: LIC may sell stake in multiple tranches, up to 5% in FY22

    LIC which is the promoter of IDBI Bank is likely to sell stake and unlock value ahead of its initial public offering in Q3FY22.

  • JSPL ramps up daily oxygen supply limit to 120 tonne/day May 06, 2021 01:27 PM IST

    JSPL ramps up daily oxygen supply limit to 120 tonne/day

    Till date, the company has supplied over 1,000 tonne of liquid medical oxygen (LMO) to various health centres in nine states of India, a company spokesperson said.

  • J&K Bank board to meet next week to consider raising of capital May 06, 2021 12:17 PM IST

    J&K Bank board to meet next week to consider raising of capital

    In a regulatory filing the public sector lender said its board will meet next week to consider the said proposal.

  • Second wave of COVID19 has hit India 'like a tsunami' says Kiran Mazumdar Shaw May 06, 2021 12:06 PM IST

    Second wave of COVID19 has hit India 'like a tsunami' says Kiran Mazumdar Shaw

    India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.

  • Roche's COVID-19 antibody cocktail receives Emergency Use Authorisation, Cipla to distribute the drug May 05, 2021 06:01 PM IST

    Roche's COVID-19 antibody cocktail receives Emergency Use Authorisation, Cipla to distribute the drug

    "The production process for this biologic medicine is very complex and Roche, as one of the largest biologics manufacturers in the world, was selected by its partner Regeneron to expand worldwide production capacity," Roche said.

  • How Natco Pharma put US drug giant Eli Lilly under pressure for COVID-19 drug through compulsory licensing filing May 05, 2021 04:27 PM IST

    How Natco Pharma put US drug giant Eli Lilly under pressure for COVID-19 drug through compulsory licensing filing

    The Indian company says it has offered 7% royalty to the US drugmaker for Baricitinib. Natco has filed for compulsory licensing, arguing that Eli Lilly’s small distribution network won’t be able to serve India’s population and the 14-day, Rs 42,000 per-patient treatment regimen for the US drug is too expensive.

  • MCA allows firms to use CSR funds for healthcare infra for COVID care May 05, 2021 03:56 PM IST

    MCA allows firms to use CSR funds for healthcare infra for COVID care

    MCA also clarified that companies, including government companies, may undertake the activities or projects or programmes using CSR funds, directly by themselves or in collaboration as a shared responsibility with other companies.

  • IndiGo airlifts 2,717 oxygen concentrators from 5 countries to India May 05, 2021 12:45 PM IST

    IndiGo airlifts 2,717 oxygen concentrators from 5 countries to India

    In total, the airline has transported 4,142 oxygen concentrators -- weighing about 72,461 kg -- within India or from outside India, it said in a statement.

  • Alembic Pharma gets USFDA nod for ophthalmic solution May 05, 2021 12:41 PM IST

    Alembic Pharma gets USFDA nod for ophthalmic solution

    The approved product is therapeutically equivalent to the reference listed drug product (RLD) Cosopt Ophthalmic Solution, 2 per cent and 0.5 per cent, of Akorn Operating Company LLC.

  • L&T to deliver 22 oxygen generators to hospitals across India May 05, 2021 11:16 AM IST

    L&T to deliver 22 oxygen generators to hospitals across India

    "L&T will soon start delivering 22 oxygen generators to various hospitals in India, where the scarcity is most acute. These units will absorb air from the atmosphere before converting it into medical-grade oxygen and pumping it into pre-existing pipes in the hospitals," the company said in a regulatory filing.

  • Is pricing, indemnity issues holding Centre, Pfizer from striking deal on vaccine procurement? May 05, 2021 11:11 AM IST

    Is pricing, indemnity issues holding Centre, Pfizer from striking deal on vaccine procurement?

    Pricing, legal indemnity two issues possibly holding up a quick deal, sources say. The company is insisting on a liability shield that protects it from potential lawsuits relating to vaccine-related adverse events. Some countries have agreed to indemnify the vaccine makers for claims as part of the purchase pacts. India has not agreed to this so far.

  • RBL Bank – Risk takers’ stock to play post-COVID recovery May 05, 2021 11:05 AM IST

    RBL Bank – Risk takers’ stock to play post-COVID recovery

    The stock of RBL Bank is reasonably valued from a long-term perspective should investors have the risk appetite to ride the interim volatility

  • Atul: Proxy for global recovery May 04, 2021 12:21 PM IST

    Atul: Proxy for global recovery

    We believe that even if the domestic equity market underperforms global indices, the Indian chemicals sector should be resilient in the near- to medium-term. Atul is one of the preferred proxies to play this theme

  • Kotak Bank – One of the best core portfolio stocks despite all the noise May 04, 2021 11:44 AM IST

    Kotak Bank – One of the best core portfolio stocks despite all the noise

    Kotak Bank is a must own portfolio stock, which will deliver steady returns backed by a predictable earnings growth

  • Strengthening balance sheet makes Dalmia Bharat more appealing May 04, 2021 10:44 AM IST

    Strengthening balance sheet makes Dalmia Bharat more appealing

    The balance sheet of Dalmia Bharat has strengthened considerably and the net debt/EBITDA ratio reduced to 0.04x at the end of the March quarter

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