Business Standard

Page 2 - Covid-19

German Covid-19 vaccine developer CureVac to raise up to $213 mn in US IPO

German biotech CureVac B.V., which is in early stages of testing its coronavirus vaccine, said on Monday it expects to raise up to $213 million in its U.S. initial public offering (IPO).

German Covid-19 vaccine developer CureVac to raise up to $213 mn in US IPO
Updated On : 10 Aug 2020 | 5:30 PM IST

Force Motors reports net loss of Rs 64.99 cr in Q1, revenue at Rs 185.4 cr

The company had posted a consolidated net profit of Rs 26.17 crore in the same period last fiscal, Force Motors said in a regulatory filing

Force Motors reports net loss of Rs 64.99 cr in Q1, revenue at Rs 185.4 cr
Updated On : 10 Aug 2020 | 5:28 PM IST

India Inc recovery likely to be prolonged due to Covid-19 lockdowns: ICRA

The economic activity started to recover from the troughs experienced in April when the lockdown was at its severest and many sectors seem to be adjusting to a new normal

India Inc recovery likely to be prolonged due to Covid-19 lockdowns: ICRA
Updated On : 10 Aug 2020 | 5:09 PM IST

Former Bangladesh spinner Mosharraf Hossain tests positive for Covid-19

Former Bangladesh left-arm spinner Mosharraf Hossain, who has represented the national team in five ODIs, has tested positive for Covid-19

Former Bangladesh spinner Mosharraf Hossain tests positive for Covid-19
Updated On : 10 Aug 2020 | 4:57 PM IST

Former PM Manmohan Singh lists three steps to stem India's economic crisis

From ensuring livelihoods are protected to making adequate capital available for businesses, here's what the former Prime Minister advises

Former PM Manmohan Singh lists three steps to stem India's economic crisis
Updated On : 10 Aug 2020 | 4:19 PM IST

India Coronavirus Dispatch: Are non-metro regions ready to deal with virus?

Ludhiana hospital refuses new patients citing staff dharna, Covid impact on child immunisation, Chhattisgarh farmers return to fields--news on how India is coping with the pandemic

India Coronavirus Dispatch: Are non-metro regions ready to deal with virus?
Updated On : 10 Aug 2020 | 4:00 PM IST

Cipla hits record high on strong Q1 result; Morgan Stanley sees 30% upside

Mumbai headquartered pharma firm posted 20% growth in profit before tax for the first quarter of the current financial year to Rs 799 crore, on a 9% YoY growth in revenues to Rs 4,346 crore

Cipla hits record high on strong Q1 result; Morgan Stanley sees 30% upside
Updated On : 10 Aug 2020 | 3:36 PM IST

World Coronavirus Dispatch: 97,000 US kids test positive in two weeks

France's economic recovery loses steam, Red Cross Training for North Koreans, How Covid-19 changed everything about the 2020 US polls, and other pandemic-related news across the globe

World Coronavirus Dispatch: 97,000 US kids test positive in two weeks
Updated On : 10 Aug 2020 | 3:10 PM IST

Covid-19 brings about shift in insurance preference; group biz on the rise

While the pandemic has made corporates take up the responsibility of providing insurance coverage to their employees via group insurance, it has pushed back individuals from buying into insurance

Covid-19 brings about shift in insurance preference; group biz on the rise
Updated On : 10 Aug 2020 | 2:47 PM IST

Tamil Nadu adds 5,996 new cases of Covid-19, total tally at 296,901

The total number of people tested in the last 24 hours was 68,179, said the State Health Department

Tamil Nadu adds 5,996 new cases of Covid-19, total tally at 296,901
Updated On : 09 Aug 2020 | 7:12 PM IST

West Bengal govt puts cap on advance deposit for private hospitals

Private hospitals in West Bengal cannot charge patients more than 20 per cent of the estimated cost of treatment or a maximum of Rs 50,000 at the time of admission

West Bengal govt puts cap on advance deposit for private hospitals
Updated On : 09 Aug 2020 | 7:08 PM IST

PM condoles loss of lives in fire incident at Vijaywada Covid-19 centre

PM expressed anguish at the death of patients in a fire incident at a COVID facility in Vijaywada as the Prime Minister's Office announced an ex gratia of Rs 2 lakh each to the kin of those killed.

PM condoles loss of lives in fire incident at Vijaywada Covid-19 centre
Updated On : 09 Aug 2020 | 7:08 PM IST

Little evidence coronavirus transmitted in schools, UK study indicates

One of the world's largest studies of its kind is expected to conclude that there is little evidence that coronavirus is transmitted in schools, according to a UK media report

Little evidence coronavirus transmitted in schools, UK study indicates
Updated On : 09 Aug 2020 | 6:40 PM IST

Covid situation in Delhi under control, recovery rate improving: Kejriwal

Chief Minister Arvind Kejriwal on Sunday said the Covid-19 situation in Delhi is under control and the recovery rate is improving.

Covid situation in Delhi under control, recovery rate improving: Kejriwal
Updated On : 09 Aug 2020 | 5:30 PM IST

Quickly process claims under insurance scheme for Covid-19 workers: Centre

The Centre has asked states and Union Territories to quickly process claims under the Rs 50-lakh insurance scheme for frontline healthcare workers

Quickly process claims under insurance scheme for Covid-19 workers: Centre
Updated On : 09 Aug 2020 | 5:11 PM IST

Goa to get second Covid-19 care facility in Ponda, tweets CM Sawant

The sub-district hospital in Ponda in north Goa will be converted into a Covid-19 facility, Chief Minister Pramod Sawant tweeted on Sunday.

Goa to get second Covid-19 care facility in Ponda, tweets CM Sawant
Updated On : 09 Aug 2020 | 4:18 PM IST

Kia Motors expects delay in new model launches due to Covid-19 pandemic

The company is currently working in two-shifts at its plant with monthly production touching "five digits"

Kia Motors expects delay in new model launches due to Covid-19 pandemic
Updated On : 09 Aug 2020 | 4:13 PM IST

Saudi Aramco CEO sees oil demand picking up as Covid-19 lockdowns ease

Saudi Aramco's Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.

Saudi Aramco CEO sees oil demand picking up as Covid-19 lockdowns ease
Updated On : 09 Aug 2020 | 3:51 PM IST

Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact

The company said it will uphold its commitment to pay out dividends of $18.75 billion for the second quarter

Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact
Updated On : 09 Aug 2020 | 3:06 PM IST

Covid-19 vaccine: Early-stage clinical trial begins in Singapore

The early-stage clinical trial for a COVID-19 vaccine has started in Singapore, with the first vaccinations expected to be given to volunteers next week, a media report has said.

Covid-19 vaccine: Early-stage clinical trial begins in Singapore
Updated On : 09 Aug 2020 | 2:57 PM IST