India’s government has signed a purchase order with vaccine producer Serum Institute of India
for 11 million doses of the Oxford/AstraZeneca COVID-19 vaccine, the CNBC-TV 18 TV channel reported on Monday. The government has also signed a purchase agreement with local player Bharat Biotech for its COVID-19 vaccine, the news channel reported, citing unnamed sources. Read more
Automobile dealers' body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 per cent to 2,71,249 units. According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,270 out of the 1,477 regional transport offices (RTOs), PV sales stood at 2,18,775 units in December 2019. Two-wheeler sales increased 11.88 per cent to 14,24,620 units last month, as compared to 12,73,318 units in December 2019. Read more
An investigation of alleged unlawful practices at Carlsberg India
found "potential improper payments" to government officials and other regulatory lapses, its former auditor said in a document seen by Reuters. Reports by a different global consultancy, also seen by Reuters and previously unreported, disclosed other lapses at Carlsberg India
Pvt Ltd in 2018, including child labour. Read more
Tata Consultancy Services (TCS) became the first Indian information technology (IT) company and overall the second listed company to cross Rs 12 trillion market-capitalisation (market-cap), on Monday, after reporting a healthy set of numbers for the October-December 2020 quarter (Q3FY21). Shares of TCS
hit a fresh record high of Rs 3,224; up 3 per cent on the BSE in early morning trade after brokerages maintained ‘buy’ rating on the stock. Read more
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