Business Tips

Regeneron Pharmaceuticals Inc. K Antibody Cocktail received an emergency use authorization from US drug regulators for the treatment of early Kovid-19 symptoms, adding to the expanding arsenal of therapies available to physicians. The treatment given to President Donald Trump after contracting coronavirus in October includes two monoclonal antibodies that target the spike proteins used by the virus to enter cells. …

Industrialist Amfi said that small cities or B30 cities contributed 16 per cent to the average wealth of the mutual fund industry under management of over 28 trillion till October-end, while state-wise Maharashtra remained the largest contributor to the asset base, industry body Amfi. he said . For the past few years, market regulator SEBI has been pushing asset management …

Bahrain’s Investcorp said on Sunday that it has invested in Xpressbees, an Indian logistics startup, as part of a consortium of local and global investors. Xpressbees has a presence in over 2,000 towns and cities in India, with over 1,000 customers including e-commerce, pharmaceutical, consumer goods, retail, manufacturing, electronics and consumer durables. Investcorp did not disclose the size of its …

Telecom tariff hikes are needed as the current rates are “volatile” and market conditions will be seen before the call is made, Sunil Mittal, president of Telecom Caesar and Bharti Airtel, has said. On the issue of whether Chinese telecom equipment vendors will be allowed to participate in the next generation 5G network, Mittal said the big question is the …

The trial successes of Pfizer Inc. and Moderna Inc. have led to hopes that a Kovid-19 vaccine is coming soon. But most of the world, outside rich countries like the US, is relying on another company’s shot to avoid a crisis. The findings from the final phase of the AstraZeneca PLC vaccine study are due to be released shortly, and …

India’s macroeconomic situation is improving rapidly and the country’s GDP growth will turn positive in the third and fourth quarter of the current financial year, noted economist Ashima Goyal on Sunday. In an interview to PTI, Goyal said that the government-announced COVID-19 epidemic and the management of gradual unlock have helped in avoiding many COVID-19 peaks. He said that the …

Kerala Governor Arif Mohammed Khan has signed a hypothesis by the Left government under the Kerala Government’s Amendment Act to curb cyberattacks against women and children, which the opposition alleged would curb freedom of expression. A in the Raj Bhavan confirmed that the governor, who had recently arrived at the official residence after recovering from COVID-19, signed an ordinance that …

On Sunday, officials said a massive operation was underway to locate an underground tunnel near the international border in the Samba sector, with four Jaish-e-Mohammed militants suspected of entering Pakistan. On Thursday, all four militants were killed in a truck going to Kashmir for checking at the Ban toll plaza on the Jammu-Srinagar National Highway in which they were traveling. …

According to the survey, India’s manufacturing sector is set to witness a recovery in the July-September quarter, even blending outlook hiring for the segment. In the latest quarterly survey by industry body FICCI, the recovery in the manufacturing sector in the second quarter ended in September compared to the previous quarter, pointing to a recovery on the manufacturing sector, which …

Jin Li | Bloomberg Getty Images On Wall Street, stocks are breathing a sigh of relief from this month’s rally. Despite encouraging updates on a potential coronavirus vaccine, disappointing unemployment data and a spike in coronavirus cases have shaken investors. Not helping investor sentiment, New York City Mayor Bill de Blasio announced that schools would return to distance education to …