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Logistics sector news: Covid-19 vaccine distribution to give cold chain logistics sector a boost

Synopsis Unlike many developed countries that are struggling with laying down policies and plans to distribute the Covid-19 vaccine, India has the benefit of already having a vaccine distribution mechanism in place that has been running for years. Precision cooling solutions have been offered by cold chain companies the world over for many years, but never at the scale that the Covid-19 vaccine demands. The largest vaccination drive is underway in India. Covid-19 vaccine distribution will require a robust logistics chain and a temperature-controlled environment that supports the life of the vaccine effectively to reach the remotest corners of the country. The government has budgeted over Rs 35,000 crore towards the Covid-19 vaccine and its distribution. Cold chain logistics players say this will give a significant impetus to their sector. However there is a growing need for precise cold chain solutions for several critical medical applications that stretch beyond the Covid-19 va

Charting rise & fall of Rana Kapoor

5095 Book Title: Yes Man: The untold story of Rana Kapoor Author: Pavan C Lall Sanjay Khurana The year was 2004 when a non-banking financial company applied for a licence to operate as a private bank. It bagged the licence and Yes Bank was born. It soon became the fourth largest private bank in the country. Rana Kapoor was arrested last year after being booked under Prevention of Money Laundering Act. It was founded by three partners Harkirat Singh, former head of Deutsche Bank in India; Ashok Kapur, former country head of ABN Amro Bank in India; and Rana Kapoor, former corporate banking head of ANZ Grindlays in India in collaboration with Rabo Bank of the Netherlands.

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