The Business Bytes

PRIYABRAT BISWAL BHUBANESWAR, APRIL 30, 2021 Chennai-based pharmaceutical company Apex Laboratories Private Limited on Friday launched its antiviral herbal formulation ‘Clevira’ that got the Central government’s approval as a supporting measure for mild to moderate condition of Covid-19, a senior official of the company said. Apex Laboratories said it has got the approval from the Ministry of Ayush for Clevira ...

TBB BUREAU NEW DELHI, APRIL 30, 2021 Cement maker Dalmia Bharat Ltd on Friday reported a sharp uptick in consolidated profit at Rs 640 crore for the fourth quarter (Q4) ended March 31, 2021, on account of higher revenue from operations and tax credit. Dalmia Bharat had reported a profit of Rs 24 crore in the corresponding period a year ...

TBB BUREAU NEW DELHI, APRIL 29, 2021                     Following widespread criticism of its pricing policy, Bharat Biotech on Thursday announced a cut in price of its COVID-19 vaccine ‘Covaxin’ it plans to sell to the States to Rs 400 per dose from the earlier Rs 600.            To recall Bharat Biotech sold Covaxin to the central government at Rs ...

TBB BUREAU BHUBANESWAR, APRIL 29, 2021 At a time when India is facing an acute shortage of oxygen supply amid a surge in Covid-19 cases, the United Kingdom has sent more vital oxygen equipment to India in support of the country’s fight against COVID-19. Three oxygen generation units have been sent from surplus stocks in Northern Ireland to support India ...

TBB BUREAU NEW DELHI, APRIL 29, 2021 Vedanta on Thursday said its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against deadly COVID-19 second wave. The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020, it said in a statement. The company will create additional capacity of ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2021 As the second wave of the Covid-19 virus swells, to supplement the government’s efforts, ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel – in alliance with the Government of Gujarat and District Administration, Surat, has set up a 250-bed COVID care hospital at Hazira, which will receive ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2021 KIIT Deemed to be University has become the first Indian university to achieve the “Five Stars Rating” from the prestigious QS Star Ratings System. The rating results were published on April 27, 2021. The QS Intelligence Unit, a division of QS Quacquarelli Symonds Ltd, rated KIIT as a Five Stars institution, the maximum achievable, ...

Next-gen sanitization technology ‘Shield 30’ launched in India TBB BUREAU BHUBANESWAR, APRIL 28, 2021 Even as the daily caseload of India’s coronavirus infections, during the second wave, exceeds more than two lakhs, Shield30, a disruptive sanitization technology, is launched in India. This revolutionary, water-based antimicrobial surface treatment technology from New Zealand provides 99.99% protection from surface-borne infection of Coronaviruses and ...

TBB BUREAU JHARSUGUDA, APRIL 27, 2021 India’s largest producer of aluminium and value-added products, Vedanta Ltd, supports four schools of the Jharsuguda district through the Odisha Government’s “Mo School Abhiyaan”. The company has contributed Rs. 80 lakh to the revamping of government high schools including PS High School, Kolabira; CDB Nodal High School, Parmanpur; BD High School, Baghmara; and GP ...

TBB BUREAU AHMEDABAD, APRIL 26, 2021 Diversified business conglomerate Adani Group has joined India Inc’s efforts to secure and augment medical oxygen supplies amid a growing shortage of the life-saving gas in the wake of spiralling Covid cases in the country. The Gautam Adani-led group has arranged four ISO cryogenic tanks with 80 tonnes of liquid oxygen from Saudi Arabia; ...