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IAVI, Merck KGaA, Serum Institute join hands

IAVI, Merck KGaA, Serum Institute join hands

The agreement builds on the advanced antibody discovery and optimisation expertise of International AIDS Vaccine Initiative (IAVI) and Scripps Research, and on Germany's Merck KGaA's and Serum Institute's significant capabilities in design and scale up of accelerated manufacturing processes for mAb production.

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RBI pegs minimum NOF for HFCs at Rs 25 cr

RBI pegs minimum NOF for HFCs at Rs 25 cr

The RBI further said that it would be incumbent upon such HFCs whose NOF currently stands below Rs 20 crore to submit a statutory auditor's certificate to the central bank within a month evidencing compliance with the prescribed levels.

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RBI bars PSOs from launching new QR codes

RBI bars PSOs from launching new QR codes

The decision to continue with the two existing Quick Response (QR) codes was based on the recommendations of the committee to review the current system of such codes in India and suggest measures for moving towards interoperable QR codes.

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Onion prices double in 10 days

Onion prices double in 10 days

Traders in the domestic market said prices will remain firm but they can rise if rain damages more crops. However, importers said prices will calm in some time because of steps taken by the government.

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Parl panel summons Facebook, Twitter

Parl panel summons Facebook, Twitter

Summoning officials of Amazon and Google on the same issue is also under active consideration of the joint committee of Parliament, the sources said.

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Motorola India bets big on smart home biz

Motorola India bets big on smart home biz

“Since most of these are global first launches for Motorola, there is significant interest from global leadership in their launch and success in the Indian market. Smart home appliances is a new and fast growing market and we have entered it with premium set of products,” Prashanth Mani, Country Head, Lenovo Mobile Business Group and Managing Director, Motorola Mobility told ET.

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Trump’s cash crunch constrains his campaign

Trump’s cash crunch constrains his campaign

Overall, the data shows Trump’s TV ad spending has shrunk by $23 million since Sept. 20. In that same time period, Biden has expanded his reservations by $99 million.

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Big demand for hygiene products to stay

Big demand for hygiene products to stay

HUL, the country’s single largest fast moving consumer goods maker, said it has stepped up its innovation intensity with a number of launches including Surf Excel anti-germ wash booster, Vim anti-germ scrubbers and Domex wipes. In fact, it has launched more than 100 new products and variants over the past six months, mostly in the hygiene segment.

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Suzlon to focus on India: Chairman

Suzlon to focus on India: Chairman

"The challenge is only in the turbine business. We have to start production facilities. We have an 876 mw of order book and it is increasing. Orders are not a concern of the market or liquidity but of how we can execute and grow it," said Tulsi Tanti, founder CMD of Suzlon Group.

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WhatsApp to offer in-app purchases

WhatsApp to offer in-app purchases

WhatsApp will enable businesses sell products inside WhatsApp via Facebook Shops, an online store launched in May to offer a unified shopping experience across Facebook's apps.

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'Contraction may be lesser than forecast'

'Contraction may be lesser than forecast'

Commenting on the much anticipated stimulus, Kumar said the next stimulus should focus on short gestation infrastructure projects as it has strong multiplier effects and can sustain growth. “There are enough productivity enhancing expenditures which can be rolled out in a relatively short span,” he said.

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'Fuel demand to pick up by December'

'Fuel demand to pick up by December'

“Petrol demand is already at pre-Covid levels; diesel demand is expected to reach those levels by the end of the current quarter. Diesel demand in this month, so far, is higher than the same period last year,” said HPCL chairman Mukesh Kumar Surana, who is also the managing director.

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Airport privatisation plan needs a rethink

Airport privatisation plan needs a rethink

Private airports have deployed almost Rs 35,000 crore on capital expenditure, and plan to deploy double that amount in expanding existing facilities and constructing new airports over the next five years. But questions keep popping up about monopolies being created, gold-plating and passengers paying for expensive excessive infrastructure, the right model of bidding, and bid guidelines being suited to favour a few.

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Regional, global issues in Indo-US talks

Regional, global issues in Indo-US talks

US Secretary of State Michael Pompeo and Defence Secretary Mark T Esper will visit India on October 26 and 27 for the high-level dialogue aimed at further boosting defence, security and global strategic ties between the two countries.

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The economic impact of Swachh Bharat: Study

The economic impact of Swachh Bharat: Study

Prime Minister Narendra Modi had launched the Swachh Bharat Mission on October 2, 2014, while announcing that India will be made open defecation free (ODF) by October 2019.

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Trump-Biden debate: What to watch for

Trump-Biden debate: What to watch for

Barring some cataclysmic event in the next two weeks, it is the last moment in the race guaranteed to draw a huge viewership, and it will be the final time Biden and Trump are scheduled to share a stage.

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Surge in searches for large apartments

Surge in searches for large apartments

Over the last few months, enquiries for larger homes in Bengaluru have increased up to 40% with property seekers predominantly scouting for 3-bedroom apartments with average 1,800 sq ft built-up area as against the previously-preferred 2-bedroom units, showed data from ANAROCK Property Consultants.

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FHRAI seeks review of Kamath's proposals

FHRAI seeks review of Kamath's proposals

Stating the industry is facing serious challenges in complying with the financial parameters suggested by the committee, FHRAI has requested for directions from the finance ministry/RBI to all banks and NBFCs for not taking any coercive action against establishments.

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Adani Group on course for airport takeover

Adani Group on course for airport takeover

The central government privatised six major airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati -- in February 2019.

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Telcos given more time to disclose tariffs

Telcos given more time to disclose tariffs

According to the regulation on tariff publication released by Telecom regulatory authority of India (Trai) last month telecom companies were supposed to produce a compliance report within 15 days.

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Covid takes a toll on hiring of apprentices

Covid takes a toll on hiring of apprentices

Around 46% of employers covered in a recent survey intend to increase apprentice hiring in the half year started on July 1, while 13% expect a decrease in hiring and 41% see no change. That puts the net apprenticeship outlook (NAO) for July-December 2020 at 33%, according to a TeamLease Skills University report shared with ET.

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Data breach forces Dr Reddy's plants shut

Data breach forces Dr Reddy's plants shut

In September 2020, Dr. Reddy’s and RDIF entered into a partnership to conduct clinical trials of Sputnik V vaccine and its distribution in India. As part of the partnership, RDIF shall supply 100 million doses of the vaccine to Dr. Reddy’s upon regulatory approval in India.

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ONGC wins 7 oil blocks, OIL 4 in latest bid

ONGC wins 7 oil blocks, OIL 4 in latest bid

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP). A total of 12 bids -- seven bids by Oil and Natural Gas Corp (ONGC) and four by Oil India Ltd (OIL) -- were received for the 11 blocks on offer at the close of bidding on June 30.

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TCS in talks to buy Deutsche's tech unit

TCS in talks to buy Deutsche's tech unit

The discussions about the Bonn-based Postbank Systems AG are expected to result in a deal with the Indian company by the end of the year, the people said, asking not to be identified discussing the private information.

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Why Democrats are dreading Biden’s lead

Why Democrats are dreading Biden’s lead

The watch parties, the pantsuits, the balloons, the blue-tinted cocktails, the giddiness, the sense of history, the electoral projections showing that Hillary Clinton would surely defeat Donald Trump — to Democrats, these now look like quaint snapshots from some credulous prelapsarian world.

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India, US set for military pact on data

India, US set for military pact on data

An accord would provide India with access to a range of topographical, nautical and aeronautical data, a defence industry source said. It would also allow the United States to provide advanced navigational aids and avionics on US-supplied aircraft to India, the defence source said.

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South Korea finance minister loses home

South Korea finance minister loses home

Hong Nam-ki is also faced with broadening his search as the average deposit where he lives 20 minutes from parliament has soared by a third since his housing rules took effect in July, with the irony of his predicament setting the internet alight.

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Cybersecurity main priority for Indian cos

Cybersecurity main priority for Indian cos

ng to the study, 73 per cent of organisations in the country have experienced a 25 per cent or more jump in either cyber threats or alerts since the start of COVID-19.

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'Contract of insurance is of utmost good faith'

'Contract of insurance is of utmost good faith'

The apex court said this while setting aside the March this year verdict of the National Consumer Disputes Redressal Commission (NCDRC) which had dismissed the plea of an insurance firm against the order asking it to pay full death claim along with interest to the mother of the deceased.

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Unemployment dampening India's recovery

Unemployment dampening India's recovery

According to CMIE, keeping the employment rate from slipping is challenging. “To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is,” CMIE suggested.

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Bringing foreign policy back into US polls

Bringing foreign policy back into US polls

Biden's foreign policy credentials have largely been overshadowed by questions about how he would lead the U.S. through the worst pandemic in a century. But the issue could reemerge Thursday as Trump and Biden take the stage for a final debate, with a topic list including national security.

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US move to fire up India’s Google probe

US move to fire up India’s Google probe

The US Department of Justice (DoJ) on Tuesday said its investigators found Google acted unlawfully to maintain its dominant position in search and advertising on the internet.

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Real estate sector sentiments turn positive

Real estate sector sentiments turn positive

The future sentiment score for the next six months has demonstrated significant improvement at 52 point, up from 41 in the previous quarter, showed a survey jointly conducted by Knight Frank, FICCI and NAREDCO. This revival in sentiments is attributed to the remarkable upturn seen in the real estate activity in the third quarter of 2020 as a result of the unlocking process.

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Tesla launches 'Full Self Driving' beta

Tesla launches 'Full Self Driving' beta

The customers in Tesla's Early Access Programme will receive software updates, which will give drivers access to Autopilot's 'partially' automated driver assistance system on city streets.

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Iowa is now a symbol of Trump's troubles

Iowa is now a symbol of Trump's troubles

While Barack Obama won Jasper County in both 2008 and 2012, Donald Trump touched a nerve here in the last election. He won Jasper by 18 percentage points over his Democratic rival Hillary Clinton.

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October 22 in history: A dark day for J&K

October 22 in history: A dark day for J&K

On October 22, 1947, Pakistan unilaterally broke the Agreement and launched an invasion to forcibly capture Jammu and Kashmir using tribal raiders.

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19 years in Afghanistan enough: Trump

19 years in Afghanistan enough: Trump

"We never had anything like it -- and sacrificing American blood and treasure in endless foreign wars in countries that you've never even heard of. And they're all coming back. You know that, right? I hope nobody objects," Trump told his supporters on Wednesday at an election rally in Gastonia, in the battleground state of North Carolina.

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With 13 days to Election Day, an update

With 13 days to Election Day, an update

For the third day in a row, Biden did not have any events on his public schedule. His critics constantly challenge the health and mental capacity of the 77-year-old former vice president, but there is no concrete reason to doubt his absence is due to anything but preparation for Thursday's televised debate.

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Bharat Bio to begin final trials next month

Bharat Bio to begin final trials next month

The regulator’s subject expert committee met on Tuesday and approved the phase-3 trial of the company’s indigenously developed vaccine candidate Covaxin with “minor amendments” in the protocol, people familiar with the matter told ET.

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India recorded export growth of 4% in Sept

India recorded export growth of 4% in Sept

Export growth declined in India in the third quarter of 2020 relative to the same quarter last year but picked up pace in September, according to a global trade update by the UN.

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Obama launches fiery attack on Trump

Obama launches fiery attack on Trump

Speaking from outside Lincoln Financial Field in Philadelphia, Obama said, "Eight months into this pandemic, cases are rising again across this country...Donald Trump is not suddenly going to protect all of us. He cannot even take the basic steps to protect himself."

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Rs 14,000 is avg selling price of smartphones

Rs 14,000 is avg selling price of smartphones

The average selling price, which was expected to fall below Rs 11,000 due to the economic impact on consumers, has actually risen to Rs 14,000, analysts said. This is because, for the first time, the market has seen the widest portfolio of premium smartphones with sharp price drops, of up to 60%, at the start of the festive season .

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Task force to review use of Remdesivir

Task force to review use of Remdesivir

The experts will also review evidence on anti-parasitic drug ivermectin. “The task force will review the overall Covid situation. Along with this, decisions on remdesivir and whether ivermectin should be included in the clinical protocol are also likely to be taken,” a person aware of the matter told ET.

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'Fuel demand to reach pre-Covid level by Dec'

'Fuel demand to reach pre-Covid level by Dec'

“Petrol demand is already at pre-Covid levels; diesel demand is expected to reach those levels by the end of the current quarter. Diesel demand in this month, so far, is higher than the same period last year,” said HPCL chairman Mukesh Kumar Surana, who is also the managing director.

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UFlex aims to hire 400 employees

UFlex aims to hire 400 employees

In India alone, UFlex has hired over 120 new team members in this fiscal so far, which is an addition of 2% to the existing India workforce numbers. Out of these, around 25 new hires range from mid to senior-level management.

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Expenditure secy on fixing cash flows

Expenditure secy on fixing cash flows

On capital expenditure this fiscalI think it (₹25,000 cr additional capex) will happen because we are allocating it to people who can spend. This year we had curbs early, so the fourth quarter we may actually be opening

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Aditya Puri sheds light on several issues

Aditya Puri sheds light on several issues

Long before startups became a fad, Aditya Puri sowed the seeds of the most famous startup in India’s post-liberalisation financial industry — at HDFC Bank.

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UNCTAD sees 7-9% dip in 2020 global trade

UNCTAD sees 7-9% dip in 2020 global trade

Preliminary data for the third quarter suggest that global growth remained negative with a decline of about 4.5% on a year-on-year basis though it rebounded from the second quarter when it shrank around 19% on-year.

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Centre expands flight operations to B'desh

Centre expands flight operations to B'desh

Under the air bubble pact between the two countries, special international passenger flights can be operated into each other's territories under restrictive conditions due to the COVID-19 pandemic.

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Govt makes patent rules simpler

Govt makes patent rules simpler

The Department for Promotion of Industry and Internal Trade (DPIIT) said in a notification that one form may be filed in respect of multiple patents, provided all of them are related patents, wherein the approximate revenue / value accrued from a particular patented invention cannot be derived separately from the approximate revenue/value accrued from related patents, and all such patents are granted to the same patentee.

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