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Oxford-AstraZeneca vaccine behind lower Covid deaths in UK, says expert

Oxford-AstraZeneca vaccine behind lower Covid deaths in UK, says expert

Britain's early deployment of the Oxford/AstraZeneca vaccine to protect against COVID-19 may be responsible for the country's lower death rates compared to other European countries, a UK vaccines expert has said.

Dr Clive Dix, former chairman of the UK's Vaccine Task Force, told the Daily Telegraph' that the Oxford/AstraZeneca vaccine manufactured and administered in India as Covidshield may offer stronger long-term protection against severe COVID-19 and death.

Tech Mahindra gains 4% to hit new all-time high; zooms 84% thus far in 2021

Tech Mahindra gains 4% to hit new all-time high; zooms 84% thus far in 2021

Shares of Tech Mahindra hit a new high of Rs 1,789.05, up 4 per cent on Monday on the BSE, on expectation of strong December 2021 quarter earnings. In the past one week, the stock of information technology (IT) consulting & software company has rallied 12 per cent, when compared with a 2.8 per cent rise in the S&P BSE Sensex. Thus far in the calendar year 2021 (CY21), Tech Mahindra has zoomed 84 per cent, as against a 20 per cent gain in the benchmark index.

Earlier this month, Accenture had reported strong results for the quarter ended November (Q1FY22) and upgraded its annual guidance by a massive 700bp as it continues to gain from demand for Cloud transformation.

Rainbow Children's Medicare files papers; eyes over Rs 2,000 cr via IPO

Rainbow Children's Medicare files papers; eyes over Rs 2,000 cr via IPO

Multi-specialty pediatric hospital chain Rainbow Children's Medicare Ltd has filed preliminary papers with capital markets regulator Sebi to raise over Rs 2,000 crore through an initial public offering (IPO).

The public issue comprises fresh issue of equity shares aggregating up to Rs 280 crore and an offer sale of up to 2.4 crore equity shares by the selling shareholders, according to the draft red herring prospectus (DRHP).

GMR Infra surges 12% on signing pact for Medan Airport in Indonesia

GMR Infra surges 12% on signing pact for Medan Airport in Indonesia

Shares of GMR Infrastructure surged 12 per cent to Rs 47.95 on the BSE in Monday’s intra-day trade after the GMR Group signed shareholders agreement with Indonesia's Angkasa Pura II for the development of Medan Airport on December 23.

The company engaged in airport services business had made announcement on Friday after market hours. The stock was trading at its highest level since December 2010. At 02:21 pm; it was up 11 per cent at Rs 47.40, as compared to 0.36 per cent rise in the S&P BSE Sensex. The trading volumes on the counter jumped over four-fold with a combined 84.12 million equity shares changing hands on the NSE and BSE.

IndusInd Bank, NPCI tie up to simplify cross-border remittances through UPI

IndusInd Bank, NPCI tie up to simplify cross-border remittances through UPI

Indians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate cross-border money transfer by using UPI IDs of the beneficiaries.

This will obviate the need to remember one's bank account details to send money.

Capillary Technologies files draft papers to raise Rs 850 cr via IPO

Capillary Technologies files draft papers to raise Rs 850 cr via IPO

Capillary Technologies (India) Ltd, backed by Warburg Pincus and Sequoia Capital, has filed preliminary papers with markets regulator Sebi to raise Rs 850 crore through an initial share-sale.

The company offers artificial intelligence (AI)-based cloud-native Software-as-a Solution (SaaS) products and solutions to develop loyalty of consumers and channel partners.

Covaxin showed good immune response in children during trials: NTAGI chief

Covaxin showed good immune response in children during trials: NTAGI chief

Covaxin has shown that it has a very good immune response in children in trials, Chairman of India's COVID-19 Working Group of the National Technical Advisory Group on Immunisation (NTAGI) Dr NK Arora said on Sunday.

In an exclusive interview on the Prime Minister's decision on rolling out vaccination for beneficiaries between 15-18 years of age, which going to commence from January 3, Arora told ANI about the possible benefits of this decision.

Sabarimala's lord Ayyappa temple closes after 41-day long pilgrim season

Sabarimala's lord Ayyappa temple closes after 41-day long pilgrim season

Mandala puja was held at the Sabarimala's Lord Ayyappa temple on Sunday, marking the conclusion of the 41-day pilgrim season.

Mandala Puja was performed in the auspicious time between 11.50 am and 12.40 noon by Thantri Kandararu Mahesh Mohanaru and Chief priest N Parameswaran Namboodiri. The idol of Lord Ayyappa was adorned with 'thanka anki' attire, which was brought here on Saturday evening in a ceremonial procession.

Omicron can evade Covid vaccines' protection, antibody therapies: Study

Omicron can evade Covid vaccines' protection, antibody therapies: Study

Omicron can evade the immune protection conferred by COVID-19 vaccines and natural infection, according to a peer-reviewed study which also suggests that the new variant of coronavirus is completely resistant to antibody therapies in use today.

The study, published in the journal Nature on Thursday, also highlights the need for new vaccines and treatments that anticipate how the SARS-CoV-2 virus may soon evolve.

Shares of this IT Company has zoomed 87% thus far in December

Shares of this IT Company has zoomed 87% thus far in December

Shares of Ceinsys Tech (formerly ADCC Infocad) were locked in the 20 per cent upper circuit for the second straight day, at Rs 253.25, hitting a record high on the BSE in Friday's trade.

In the past two trading days, the stock of the information technology (IT) consulting & software company has surged 44 per cent after the announced acquisition of Allygrow Technologies Private Limited, a technology driven company having presence in US, Europe and India and specializing in product design and robotics automation (manufacturing engineering) services.

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