India's priority is to make a coronavirus vaccine "safe on all scientific standards" available to all its citizens, said Prime Minister Narendra Modi in a meeting with chief ministers on Tuesday.
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CARS24 is the latest unicorn in town
CARS24, an online transaction platform for pre-owned vehicles, became the latest Indian startup to become a unicorn. The company on Tuesday announced raising $200 million in Series-E funding round led by DST Global where it was valued at over $1 billion. Existing investors in the startup, such as Exor Seeds, Moore Strategic Ventures and Unbound, also participated in the funding round.
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NSE declares Karvy Stock Broking as defaulter
The National Stock Exchange (NSE) has declared Karvy Stock Broking as a defaulter for non-compliance with the regulatory provisions of the bourse. In addition, Karvy Stock Broking has been expelled from the membership of the exchange, the NSE said in a circular.
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Toyota halts operations at Karnataka plant again
Toyota Motor Corp again halted operations at its car plant in Karnataka from Monday, as the majority of members of its workers' union continued a sit-in strike, the automaker said. Both the Toyota Kirloskar Motor (TKM) factories in the industrial hub of Bidadi had declared a "lock out" on Nov. 10 after the union went on strike, saying that their demand to withdraw the suspension of a worker was not met.
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All-time high in sight for Bitcoin
Bitcoin hit $19,000 on Tuesday for the first time in nearly three years, homing in on its all-time high of just under $20,000. The world's most popular cryptocurrency was last up 3.2% at $18,958. Bitcoin has gained nearly 40% in November alone and is up around 160% this year.
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