The company signed Licensing Agreement with Gilead Sciences to register, manufacture and sell Gilead's investigational drug, remdesivir, a potential therapy for coronavirus in 127 countries including India, and is working towards launching the drug in July 2020, it added. … [Read more...] about Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter
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Sharma’s relatives informed that he had called them after boarding the Shramik Special train and asked them to receive him in Gorakhpur the next day, i.e., May 24. However, his mobile phone was switched off when the relative tried to contact him the next day. … [Read more...] about Coronavirus lockdown: Migrant labourer’s body found In Shramik train toilet
In the U.S., state governments have largely carried the burden of responsibility for finding and allocating medical resources and determining mitigation policies. This has led to a patchwork response to COVID-19, with governors taking varying approaches to the outbreak. Alabama governor Kay Ivey, for example, didn’t call for residents to shelter-in-place until April 4 and allowed businesses to begin reopening on April 30 with some social distancing rules. New York, by contrast, established its stay-at-home order on March 22. It has begun reopening business in phases but has extended its stay-at-home order until June 13. Donovan says the success of these diverging tactics—New York’s more cautious rules versus Alabama’s aggressive push to reopen— will be judged along political party lines. … [Read more...] about As health misinformation and politics collide, social networks face a choice
A bond exchange-traded fund (ETF) is a type of ETF that exclusively invests in bonds/ a basket of bonds in the underlying index. It can invest in the government, corporate, or public sector unit bonds.Why should I invest in Bharat Bond ETF?A. It offers multiple benefits to conservative debt-fund investors who wish to save for the long term. It has a relatively high-quality portfolio of select public sector companies, it is cheaper with extremely low expense ratio and it offers a tax-efficient return compared to other options such as bank fixed deposits. … [Read more...] about Bharat Bond ETF second tranche to launch in July: All your questions answered
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?