PM Modi emphasized that there was an immediate need to augment the supply of medical grade oxygen as well as equipment required for patient care both at home and in hospitals and asked all ministries and departments to work in synergy to this effect.
The government on Saturday decided to waive off basic customs duty and health cess on import of oxygen and oxygen related equipment for three months as the authorities stepped up measures to augment supplies to fight the raging second wave of the Covid-19 pandemic.
Vaccine maker Biological E Ltd on Saturday said it has received approval of the subject expert committee (SEC) of the Central Drugs Standard Control Organization (CDSCO) to start Phase III clinical trials of its Covid-19 subunit vaccine candidate, that it is developing with the Texas-based Baylor Medical College.
Amid rising Covid cases in India, Kuwait on Saturday suspended all commercial flights from the country for an indefinite period with immediate effect. In a circular, Kuwait’s DGCA said Indians can arrive there from some other country only if they have stayed outside India for atleast 14 days.
Online food ordering platform Zomato on Friday said it has appointed five independent directors on its eight-member board, including four women.
The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months till June 30 to ease hardships faced by taxpayers amid the pandemic.
The government on Saturday extended the deadline for making payment under the direct tax dispute resolution scheme Vivad Se Vishwas by two months till June 30 due to a severe Covid pandemic.
Beijing-based ByteDance said on Friday it had no imminent plans for an initial public offering (IPO). ByteDance last month hired former Xiaomi executive Shou Zi Chew to a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.
Macquarie Research has valued Citibank’s India retail business at around $2bn, based on their Basel III disclosures in the country. This makes India the most valuable business among the 10 markets in the Asia-Pacific where Citi plans to exit consumer business. These 10 markets are collectively valued between $6.3 billion and $8 billion by Macquarie.