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Rising Sun Holdings, controlled by Adar Poonawalla, will acquire a 60 percent stake in non-bank finance company (NBFC) Magma Fincorp by underwriting a prime issue of Rs 3,456 crore. After the capital infusion, Magma and its subsidiaries will be renamed and renamed Poonawalla Finance. Poonawalla Finance is an existing finance …

The approval paves the way for the deployment of at least two vaccines in India in the coming days. New Delhi: The World Health Organization welcomed India’s decision to authorize the emergency use of two COVID-19 vaccines on Sunday, saying it will “help intensify and strengthen the fight against the …

VG Somani, Comptroller General of Drugs of India (DCGI), in a webinar on Thursday indicated that India was close to approving a COVID-19 vaccine. Mr. Somani was participating in a webinar, organized by the Department of Biotechnology, in which vaccine experts, infectious disease experts and representatives of companies developing vaccines …

The Delhi government on Thursday issued an order on the imposition of night curfew on UT on December 31 and January 1 from 11 p.m. to 6 a.m. in light of the COVID-19 pandemic. However, there will be no restrictions on the interstate movement of people and goods during the …

The new coronavirus has had a devastating impact around the world, but the World Health Organization warned Monday that worse pandemics are coming, urging the world to take preparedness “seriously”. “This is a wake-up call,” WHO emergency chief Michael Ryan told reporters in a briefing marking a year since the …

The coronavirus crisis will not be the last pandemic, and attempts to improve human health are “doomed” without addressing climate change and animal welfare, the head of the World Health Organization said. Tedros Adhanom Ghebreyesus also condemned the “dangerously short-sighted” cycle of throwing cash at outbreaks but doing nothing to …

The total number of recovered cases is more than 30 times the number of active cases, the ministry said. The number of confirmed COVID-19 cases in India surpassed the 1 crore (10 million) mark on December 18, 2020. According to the Center for Systems Science and Engineering (CSSE) at John …

On Friday, the UK government reported 28,507 new positive tests daily. (Figurative) London, United Kingdom: England’s chief medical officer Chris Whitty confirmed on Saturday that a new strain of coronavirus that appeared in the country could spread faster and called for greater public vigilance to reduce transmission. Whitty said London …

The total number of recovered cases is more than 30 times the number of active cases, the ministry said. The number of confirmed COVID-19 cases in India surpassed the 1 crore (10 million) mark on December 18, 2020. According to the Center for Systems Science and Engineering (CSSE) at John …

The World Health Organization has warned that vaccines will not be a magic bullet for the coronavirus crisis as nations prepare for a massive rollout to deal with emerging infections. The warning comes as the United States recorded a record number of Covid-19 cases for the second day in a …