Russian President Vladmir Putin took a big gamble by going ahead with the vaccine. It would be tempting for countries such as India, Brazil, Mexico and others to follow Russia, as they struggle to contain the virus. A safe and effective vaccine is believed to be the quickest and surest way to achieve herd immunity. … [Read more...] about Explainer: Russia’s COVID-19 Vaccine Sputnik V, how safe is it, and why India needs to be cautious
Tesla’s stock has been on a roller coaster this year. Back on the first trading day of 2020 (January 2), the stock opened at $424 a share. By March 18, it had fallen to $350. But by July 20, it hit an all-time high of $1,650 a share. As of the time of this writing, Tesla is at a respectable $1,461—up over 6% in premarket trading for the day. … [Read more...] about 4 things to know about Tesla’s stock split
“In Bangalore, we helped train 25,000 health workers about COVID-19 related methodologies. So far, we’ve conducted over 8,000 meetings on WebEx for this. We have connected COVID-19 hospitals across India, so that they can coordinate their responses for this crisis. We’re also innovating with our partner ecosystem to develop unique solutions that can help our frontline workers. At Cisco, we believe that digitisation can be a force for good, an enabler of inclusion, and an equaliser of opportunity. We strive to bring the positive benefits of digitisation to everyone in the world. We’re committed to positively impacting 50 million Indians by 2025.” … [Read more...] about The Decade of Small Businesses: Digitising Today for a Brighter Tomorrow
"The slowdown in economic activity led by lockdown has severely impacted MSME and few sectors. Banks are building adequate capital if slippage increases from the current level post moratorium end in august. Most of the banks are not sure what quantum of loans will slip into GNPA from moratorium book or stressed book once the RBI moratorium period completes," Parmar added. … [Read more...] about Big lenders HDFC, Axis Bank and ICICI Bank go the QIP way to raise Rs 35,000 crore; what does the trend indicate?
As many as 23 firms, which included the likes of Bombardier, GMR, Siemens, CAF, Alstom Transport India, Gateway Rail, IRCTC, BHEL, BEML, L&T Infrastructure Development Projects and Titagarh Wagons, participated in the second pre-bid meeting on August 12. … [Read more...] about Private trains: 23 firms attend second pre-bid meeting; Siemens, Alstom, L&T new entrants