It is difficult to escape the conclusion that the Centre’s decision to not allow the Kerala govt or any entity owned by it to participate in the strategic divestment of HLL Lifecare Limited is driven more by political reasons than business or financial logic
Strategic divestment indicates that the government will sell off its entire holding in Projects & Development India Limited (PDIL) and HLL Lifecare Limited (HLL) and will also cede management control to the new buyers
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HLL, a govt PSU, to procure Covid-19 vaccine ANI | Updated: Jan 11, 2021 23:09 IST
New Delhi [India], January 11 (ANI): HLL Lifecare Limited, a Government of India enterprise, is going to be the procurement agency to buy vaccines from Serum Institute and Bharat Biotech for the vaccination drive.
HLL Lifecare Ltd has purchased 1.10 crore doses of Serum Institute of India s (SII) Covishield at Rs 200 per dose. There s a commitment to purchase a further quantity of 450 lakh doses of Covishield by April 2021 at Rs 200 per dose plus GST, according to a letter comfort from HLL Lifecare Ltd to SII Pvt Ltd through Serum Institute Life Sciences Pvt Ltd.