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A major fire broke out in a multi-storey shawl shop (Sandeep Textiles) in the congested Mochpura Bazaar in the old city area here this morning. Goods worth several lakhs of rupees were gutted in the fire. ....
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Indian SPACs to raise nearly $1 billion through IPOs in US stock market At least four SPACs set up by Indian sponsors and their global partners are raising close to $1 billion through IPOs in the US stock market in the next few months. And they are focusing on domestic companies in areas such as media and entertainment, technology (tech), and consumer goods, apart from other markets in Asia. Read more Serum Institute may double production of AstraZeneca-Oxford vaccine in 2022 Serum Institute of India (SII) is likely to double the production of the AstraZeneca-Oxford vaccine from 100 million per month now to 200 million per month next year, said people in the know. Pune-based SII, the world’s largest vaccine maker, now has the capacity to make about 3 billion vaccine doses, Covid and non-Covid, a year. By the end of 2022, this could be scaled up to over 4 billion annual doses. Read more ....