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Can't be pressured to launch vaccine: Bharat Biotech CMD

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BusinessToday.In | August 10, 2020

Saudi Aramco losses to derail investment in Reliance

The 73 per cent decline in quarterly profit of Saudi Aramco may force the oil giant to refrain from its promised investment in India for quiet sometime. The Saudi Kingdom-controlled company had announced two major investment plans in the country -- the strategic investment in the greenfield petroleum refinery in Maharashtra and the $15 billion worth stake acquisition in the refining and petrochemicals business of Reliance Industries (RIL).

COVID-19 vaccine: Can't be pressured to launch coronavirus vaccine, says Bharat Biotech CMD

As the world rushes to develop coronavirus vaccines, Krishna M. Ella, Chairman and Managing Director, Bharat Biotech International, has said that testing the COVID-19 vaccine for safety and quality is of paramount importance. Ella said there is pressure on the company to come out with a vaccine quickly in the midst of the pandemic but can't rush into it.

Defence Minister Rajnath Singh to launch 'Atma Nirbhar Bharat Saptah' todayDefence Minister Rajnath Singh will launch 'Atma Nirbhar Bharat Saptah' on Monday at 3:30 pm, according to the official statement. Singh also said the Prime Minister Narendra Modi will present a new outline for a self-reliant India on Independence Day.

Delhi's school education board to be operational by next year: Manish Sisodia

Delhi's own school education board will be operational from next year onwards, says Deputy Chief Minister Manish Sisodia on Sunday. However, unlike other states, its rule will not be imposed on public schools, he said. Sisodia also said that the board will be up-to-date with the latest National Education Policy which was released a few days back.

Honda expects sales volume to improve during festive season, eyes recovery by Oct-Mar period

Japanese auto major Honda expects sales to bounce back in India over the next few months, on the back of enhanced product portfolio and resumption of operations at dealerships across the country, according to a senior company official. The auto maker, which is present in the country through a wholly-owned subsidiary, also expects production across its two plants in India to touch pre-COVID levels by the end of next month.

US tech giants plan pushback against India's data-curb plan

India's plan to regulate "non-personal" data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A government-appointed panel in July recommended setting up a regulator for information that is anonymised or devoid of personal details but critical for companies to build their businesses.

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