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BusinessToday.In
June 23, 2021
Birla conglomerate has acquired around 40 companies in past 25 years but group has changed its strategy now. It wants to focus on creating regional strongholds to avoid uncertainty in increasingly divided world


BusinessToday.In
June 23, 2021
Ivermectin resulted in a reduction of virus replication in laboratory studies, the university said. It added a small pilot showed giving the drug early may reduce viral overload and the duration of symptoms in some patients with mild COVID-19


BusinessToday.In
June 23, 2021
Children immunised with measles vaccine are less likely to show severe COVID-19 symptoms on getting infected by the virus as compared to those without any such prior vaccination, the study by Pune-based BJ Medical College found


BusinessToday.In
June 23, 2021
IndiGo came forth with the scheme two days later after the central government announced the beginning of the Free Vaccination for All campaign


BusinessToday.In
June 23, 2021
A LinkedIn spokeswoman said in a statement that the company supports freedom of expression. But offering a localised version of LinkedIn means adhering to the censorship requirements of the country


Shubham Verma
New Delhi, June 23, 2021
iPhone 13 Pro is one of the iPhone models that Apple will likely launch later this year.


BusinessToday.In
June 23, 2021
It has gained 401 per cent in the last 12 months and risen 168 per cent since the beginning of this year


BusinessToday.In
June 23, 2021
Maharashtra Health Minister Rajesh Tope explained that the concern of the state government is to determine how far the Delta Plus variant had already spread


PTI
June 23, 2021
Ruling on an appeal filed by an individual, the Agra bench of ITAT said the order would act as a precedent for all similar cases.


Reuters
June 23, 2021
UBL is the maker of India's top-selling Kingfisher lager and was owned by Indian businessman Vijay Mallya, who India want to extradite from Britain over $1.4 billion of loans taken out from Indian banks which authorities argue he had no intention of repaying.


Anand Adhikari
New Delhi, June 23, 2021
In the past two years, the monetary policy has done most of the heavy lifting by keeping surplus liquidity in the system and low-interest rates to support the growth. It is now time for the fiscal policy to take the burden off from the RBI as the central bank has to address the inflation issue and plan an exit from the easy monetary policy. What more can be done on the fiscal side as the Union budget clearly lays down the fiscal measures for 2021-22? There are also fiscal constraints. The government has set a new 5-year fiscal consolidation path to 4.5 per cent fiscal deficit of GDP by 2025-26. The public debt to GDP which includes both center and state govt debt is 90 per cent of the GDP. The additional fiscal stimulus, if any, has to be very focused because of the resource constraints. First, the govt should do whatever it takes -- to vaccinate all and also faster. There is a big demand to increase the direct income support for the poor, which are the hardest hit by local lockdowns. The government guarantee to banks is another area where the banking system could be used to provide funds to sectors worst affected by the lockdowns. Clearly, the burden of supporting the economic recovery is gradually shifting to fiscal policy as the monetary policy globally is taking a reversal with central banks preparing for hiking rates and withdrawing the surplus liquidity. Also Read: Moody's slashes India 2021 growth forecast to 9.6% from 13.9%


BusinessToday.In
June 23, 2021
In March this year, the company had received shareholders' approval to subsidiarise its passenger vehicles, including electric vehicles, business into a separate subsidiary.


BusinessToday.In
June 23, 2021
This remark comes at a time when India's vaccination figures significantly dropped from a record of 88.09 lakh doses in a single day on Monday to 54.22 lakh doses the following day.


BusinessToday.In
June 23, 2021
To make sure that astronauts can wash and reuse their clothes in space, just like how they do it on Earth, Tide has teamed up with Procter & Gamble Co for this project


BusinessToday.In
June 23, 2021
The merger will facilitate setting up of at least 50 more railside warehouses near goods-shed locations, which is likely to generate employment opportunities equivalent to 36,500 man days.


PTI
June 23, 2021
\"The virus resurgence adds uncertainty to India's growth forecast for 2021; however, it is likely that the economic damage will remain restricted to the April-June quarter. We currently expect India's real GDP to grow at 9.6 per cent in 2021 and 7 per cent in 2022,\" Moody's said


BusinessToday.In
New Delhi, June 23, 2021
Electric car maker Tesla has set up 27 supercharging stations on the 5,000-km long Silk Road, running from west to east China, which the company claims to be the longest supercharger route; Releasing Congress party's white paper on COVID-19 pandemic, Rahul Gandhi on Tuesday asked the Centre to form a COVID compensation fund to compensate those families who have lost their bread winners due to coronavirus; With the National Company Law Tribunal (NCLT) giving its go-ahead for the resolution plan, Jet Airways could be back in the skies by the end of this year if everything goes well, according to the airline's Resolution Professional. Watch this and more on News Blast.Also Read: Amazon bars three Chinese brands from selling on its platform


BusinessToday.In
June 23, 2021
The stock opened 5 per cent higher at Rs 104.40 against the previous close of Rs 99.45. Market cap of the firm rose to Rs 1,185.96 crore on BSE


BusinessToday.In
June 23, 2021
Norfund will own about 40 per cent stake in the company after the transaction. Avendus Capital was the advisor to Norfund for the transaction.


Reuters
June 23, 2021
The White House said the administration is poised to meet the target for adults 27 and older on July 4, US Independence Day, but will fall short of Biden's goal for adults 18 and older.


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