At its recent virtual media event on January 13th 2021, Bayer presented exciting progress in transforming its pharmaceutical business with breakthrough innovation in healthcare that will significantly help patients suffering from conditions that are currently still difficult to treat. The company has recently heavily invested in external innovation with an unprecedented number of more than 25 collaboration agreements and acquisitions. … [Read more...] about Bayer transforms pharma business through breakthrough innovation in healthcare
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Nigeria records highest single-day rise in COVID-19 infections
According to the NCDC, the recovered cases in Nigeria rose to 84,535 as a total of 705 patients were discharged within 24 hours across the country. This included 277 community recoveries in the southwestern state of Lagos, 150 in the northern state of Kaduna, and 78 in the central state of Plateau, managed in line with guidelines. … [Read more...] about Nigeria records highest single-day rise in COVID-19 infections
Economy to bounce back next year!
However, again from the point of view of the Budget, this decline to Rs 195 lakh crore will help in projecting a number of 15 per cent growth in nominal terms (10 per cent real and 5 per cent inflation) which will bring the level to Rs 224 lakh cr which is what was projected for FY21. … [Read more...] about Economy to bounce back next year!
‘Start-up India’ Action Plan: a good start, but Govt apathy, big corporates a hurdle
This mega fund will not directly invest in start-up ventures. Instead, it will do so via SEBI registered venture funds. This fund will contribute a maximum of 50 per cent of the daughter fund size, providing a significant boost to the corpus of investments that start-ups have access to. It is important that this corpus is not managed by Politicians or bureaucrats, but smart, savvy fund managers who have a track record on investing. … [Read more...] about ‘Start-up India’ Action Plan: a good start, but Govt apathy, big corporates a hurdle
State Grid unit forms JV with CSCEC
Pang Xiaogang, executive vice-president of State Grid, said the company, which offers services to over 1.1 billion people across 26 regions, built 172,000 charging piles by the end of 2020. It has come up with a fast charging network that covers 176 cities and 50,000 kilometers of highways nationwide. State-owned enterprises play an important role in boosting the modernization and stability of industrial and supply chains in the country, he said. … [Read more...] about State Grid unit forms JV with CSCEC