Shares of Asian Paints moved higher by 11 per cent to Rs 2,839 on the BSE in intra-day trade on Friday after the company reported a strong 44 per cent year-on-year (YoY) revenue growth at Rs 6,651 crore in the March 2021 quarter (Q4FY21), led by a 48 per cent YoY volume growth in the decorative segment. The stock had hit a record high of Rs 2,871 on January 11, 2021.

Odisha recorded a sudden surge in Covid-19 cases on Friday as the state reported 12,390 new cases in the last 24 hours, according to the state health bulletin.

As many as 10,649 new COVID-19 cases were reported in Odisha on Thursday.

Biovet Pvt Ltd, an associate firm of Bharat Biotech, is confident of making a plant at Manjari in Pune fully functional for vaccine production by August- end, a senior administrative official has said.

Hyderabad-based Bharat Biotech is the manufacturer of Covaxin, one of the two vaccines being used in the nationwide COVID-19 inoculation drive.

Two individuals lost their lives and at least 120 prisoners tested positive for Covid-19, as per an official on Thursday.

While speaking to the reporters, DIG (Prisons), Subhakanta Mishra said, Two individuals lost their lives and at least 120 prisoners tested positive for Covid-19. Critical patients shifted to COVID hospitals and 449 convicts released on 90-day parole.

Dramatically ramping up COVID-19 vaccination drive is key to ending the crisis in India and extending the gap between two doses of Covishield is a reasonable approach, White House chief medical adviser Dr Anthony Fauci told ANI in an exclusive interview on Thursday.

When you are in a very difficult situation, the way you are in India, you have to try and figure out ways to get as many people vaccinated as quickly as you can, so I believe that it is a reasonable approach to do, Fauci said.

The Andhra Pradesh government on Thursday called for global tenders for procuring COVID-19 vaccines.

Speaking to the media, Andhra Pradesh Medical and Health Principal Secretary Anil Kumar Singhal said that the last date for filing bids is June 3, 2021.

He further said that the pre-bid meeting is likely to be held on May 20 or May 22.

Go Air has filed a draft red herring prospectus for a share sale to raise Rs 3,600 crore, as it rebrands to become an ultra-low-cost airline.

The Wadia group airline will use the proceeds to meet debt obligations, pay oil companies and for replacement of letter of credit to aircraft lessors for lease rental payment and future maintenance of aircraft.

Blue Dart, a leading express logistics service provider, on Thursday said it formed Blue Dart Med-Express Consortium with a mission of revolutionising the delivery of vaccines and emergency medical supplies to the remotest parts of India using drones.

According to a press release from the logistics major, Blue Dart Med-Express Consortium is part of the 'Medicine from the Sky' project in collaboration with the Telangana government, World Economic Forum, Niti Aayog and Healthnet Global.

India recorded 343,288 fresh COVID-19 infections on Friday, taking the caseload tally to 24,046,120. Deaths from the virus surged by 3,999 to hit 262,350 in total. Maximum casualties were reported in Maharashtra (850), followed by Karnataka with 344 daily deaths. Deaths remained high in Delhi (308) and UP at 281.

While the seven-day average of daily cases has fallen steadily from a peak of 3.91 lakh on Saturday (May 8) to 3.64 lakh on Thursday, May 12, the average daily fatalities have risen. The seven-day average of daily deaths crossed the 4,000 mark on Tuesday and stood at 4,039 on Thursday.

The India Meteorological Department (IMD) has issued a warning of a possible cyclonic storm that might hit the western parts of Gujarat in the Arabian Sea on or around May 18-19. The cyclone would be named 'Tauktae'.

The weather agency said that around May 14, a low-pressure area is likely to form over the Southeast Arabian sea and is likely to move north and northwestward across the Southeast Arabian sea adjoining the Lakshadweep islands by May 15. It is expected to intensify further thereafter into a cyclonic storm over the east-central Arabian Sea around May 16, it added.

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