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Cadila scouts partners to ramp up Covid vaccine production by 50 to 70 mn

The Ahmedabad-based firm is looking to hire contract manufacturers for an additional 50 million to 70 million doses of its plasmid DNA vaccine

Astra-Oxford Covid vaccine back in race as US FDA allows trials to resume

The swift resumption of the other trials will let health officials comb through more data as the American study proceeds

How Covid-19 disruptions and food inflation have worsened RBI's trilemma

In India, with supply chain disruptions and food prices pushing inflation stubbornly above target, handling the trinity is looking tougher

Antibody stops responding to virus over time: Covid vaccine under scrutiny

The study suggests that antibodies, a marker of exposure to the coronavirus, may not be lasting in all people

SAP slips 21%, biggest fall since 1991 as revenue hit by lockdowns

In a test for Christian Klein, who became sole chief executive officer in April, the pandemic will delay SAP's goals for cloud revenue, overall sales and operating profit by one or two years

Prashant Kumar, tasked to lead YES Bank's revival, braces for Covid impact

Yes Bank returned to profit in the quarter ended September and Kumar made provisions for potential covid-related losses

Lee Kun-hee's death sparks hope for Samsung shake-up, dividends

Samsung Electronics - the jewel in the group's crown - finished 0.3 per cent higher

Libya reopens last of its major oil fields in another blow to OPEC+

Oil drops as Libya's NOC lifts force majeure on El Feel field

RBI encourages investment in sovereign bonds as part of liquidity measures

The pivot from RBI will help the government, which has said it will sell 1.1 trillion rupees more debt for the fiscal half ending in March

China's new growth plan may push economy past US within 10 years

The country's 14th five-year plan is expected to center around technological innovation, economic self reliance and a cleaner environment

China to sanction Boeing, Raytheon, Lockheed over Taiwan arms

The action follows the State Department's approval last week of $1.8 billion in new weapons for Taiwan and submission of the package to Congress for a final review

Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO

The company's much-anticipated IPO is on track to surpass Saudi Aramco's $29 billion sale last year

Winter survival test is coming for airlines as coronavirus cases rebound

Airlines are urging governments to introduce more testing and travel bubbles to help spur demand

Future battle: Amazon set for face-off with Reliance for retail dominance

Mukesh Ambani and Jeff Bezos, two of the world's wealthiest men, want the stores and warehouses of Future Retail Ltd.

Compared to Modi and Erdogan, Trump is one of the world's lamer demagogues

Two self-proclaimed outsiders to the political system, Erdogan and Modi also rose to political power on the back of anger and disaffection with the establishments

Mike Pence's chief of staff, other close aides test positive for Covid-19

Asked why the diagnoses hadn't been publicly revealed by the White House, Meadows said 'it's personal information' and that 'it's not something we usually do

China is reconsidering its global strategy for yuan, says official

Hurdles for yuan's internationalisation to be removed; move to ensure steady liberalisation of capital account

Alibaba Group's Jack Ma slams financial regulators' curbs on innovation

'World focussing only on risk control, not on development; Basel norms irrelevant for China's phase of development'

Kotak Mahindra Bank explores acquisition of IndusInd Bank

Kotak says no comments to offer; IndusInd CEO says promoters have denied the deal

Coronavirus isn't going away soon, world must reset hopes for economy

For decades, the world economy relied on central bankers and finance ministers to pull it out of crisis