As per the World Health Organisation's latest data, a total of 63 coronavirus vaccines are in clinical development and another 173 are in pre-clinical development. Sensex fell over 1,000 points in afternoon trade on Wednesday amid across the board selling, especially in market heavyweights. Xiaomi has reclaimed its number 1 position in the domestic smartphone market in the last quarter of 2020 with 26 per cent share, ahead of Korean electronics giant Samsung's 20 per cent. Read for more top stories from the world of business and economy:
About 19 vaccines are going to be globally available in the coming few weeks and months. Of this, about nine have already got emergency use authorisation.
The sera collected from Covaxin recepients (showing 99.6 per cent seroconversion following vaccination) neutralised the UK variants, ICMR said.
While Sensex crashed 1,078 points intra day to 47,269, Nifty lost 309 points to 13,929.
The company said that while initially it had hoped that this situation would be short-lived, and would be resolved quickly, it wasn't the case.
In the third quarter of 2020, Xiaomi had lost its leadership position in the market with a 3 percentage point fall in market share at 23 per cent which saw Samsung nudge ahead at 24 per cent.