Top business stories; Everything you need to know on: May 1 2021

24,965,463
India total cases
Updated on May 17, 2021 6:27 pm
274,411
India deaths
Updated on May 17, 2021 6:27 pm
21,174,076
India total recovered
Updated on May 17, 2021 6:27 pm
3,516,976
India total active cases
Updated on May 17, 2021 6:27 pm

India Covid 19 Stats:

24,965,463
Total cases
Updated on May 17, 2021 6:27 pm
21,174,076
Recovered
Updated on May 17, 2021 6:27 pm
3,516,976
Active
Updated on May 17, 2021 6:27 pm
274,411
Total deaths
Updated on May 17, 2021 6:27 pm

Telangana government gets permission to use drones for vaccine delivery. Plus other top 49 business stories you need to know on May 1.

Top business# 1 Senior journalist and anchor #RohitSardana passed away on Friday.:

Sardana had joined Aaj Tak in 2017 after he left Zee News. © CNBCTV18News. Apr 30 2021 Reported Here.


bit.ly/
Image courtesy: Twitter. © @BloombergQuint

Top business# 2 In a clear message to state governments that have threatened citizens with legal action for making public complaints regarding lack of medical facilities, Justice DY Chandrachud made clear such action would be considered contempt of court.

The short supply of oxygen in several states across India has prompted citizens to make desperate public pleas for help via news media and social media. © BloombergQuint. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 3 Scientists appeal to PM @narendramodi to release #covid virus data:

The reports said China has already sent 5,000 ventilators and 21,000 oxygen generators to India. © livemint. Apr 30 2021 Reported Here.


Top business# 4 Will Harsh Vardhan resign if people are turned away due to ‘no #vaccine’ on May 1, asks Chidambaram #COVID19vaccine:

He also said, No State seems to be ready to open vaccination to the 18-44 years population. © BT_India. Apr 30 2021 Reported Here.


moneycontrol.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 5 #BREAKING Reliance Industries reports Q4 profit at 13,227 crore. Read at: #RIL #RelianceIndustries #EarningsWithMC:

This has been driven by strong 45 percent YoY EBITDA growth at Reliance Jio Infocomm on the back of continued subscriber traction and higher ARPU, said the company. © moneycontrolcom. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 6 Former Attorney General Soli Sorabjee dies at 91:

My condolences to the family in this hour of grief, tweeted Union Minister Smriti Irani while condoling Sorabjee’s demise.+ © livemint. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 7 Telangana government gets permission to use drones for vaccine delivery:

On April 22, the ministry had permitted the Indian Council of Medical Research (ICMR) to conduct a feasibility study on using drones to deliver COVID-19 vaccine. © livemint. Apr 30 2021 Reported Here.


Top business# 8 Vedanta says its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against deadly COVID-19 second wave. The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020, it said in a statement.:

Subscribe to Moneycontrol Pro at ₹499 for the first year and get access to exclusive offers. © CNBCTV18Live. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 9 Most states that were leading vaccine coverage in early April such as Chhattisgarh, Delhi, and Gujarat continued to maintain their lead at the end of the month.

Read today’s #MintPlainFacts by @rangoli_agrawal -:

As cases and deaths continue to mount, states need to redouble their efforts in testing and isolating patients early on, to contain the spread of infections. © livemint. Apr 30 2021 Reported Here.


Top business# 10 The United States will send 20 million doses of its spare #AstraZeneca COVID-19 vaccines to India.

@AstraZeneca #Covid19india #CoronaSecondWave:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 11 #COVID19 & physical activity: Here’s a look at why exercise is an important part of recovery after a bout of infection. In Pics 📸: #COVID19 #Coronavirus:

Stock & Index F&O Trading Calls & Market Analysis © moneycontrolcom. Apr 30 2021 Reported Here.


businesstoday.in/
Image courtesy: Twitter. © @BT_India

Top business# 12 #WATCH | #US to dispatch #Covishield ; Will #HarshVardhan resign, asks #Chidambaram

#COVID19India #VaccineForAll #business:

Honda Motorcycle & Scooter India (HMSI) on Thursday said it will temporarily shut its four manufacturing plants across the country for 15 days with effect from May 1, in view of the severe situation on account of COVID-19 second wave and subsequent multiple lockdowns across various cities; In a major development, Bajaj Auto non-executive director and chairman Rahul Bajaj has resigned from the company with effect from April 30, 2021, the company informed the stock exchanges today; In the view of the second wave of COVID-19 cases, market regulator Securities and Exchange Board of India (SEBI) on Thursday eased various compliance requirements, giving listed companies time till June 30 to file their financial results for January-March quarter and fiscal year 2020-21. © BT_India. Apr 30 2021 Reported Here.


moneycontrol.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 13 #Covid19Updates: India sees a record high of 3.86 lakh new cases, 3,498 deaths. Here is a state-wise tally ⤵️

#Coronavirus #Covid_19 | For LIVE updates, follow::

Coronavirus LIVE Updates | Boeing today announced a $10 million emergency assistance package for India to support country’s response to the current surge in COVID19 cases. © moneycontrolcom. Apr 30 2021 Reported Here.


bit.ly/
Image courtesy: Twitter. © @BloombergQuint

Top business# 14 Don’t clamp down on citizen voices: Justice Chandrachud warns states

Read::

The short supply of oxygen in several states across India has prompted citizens to make desperate public pleas for help via news media and social media. © BloombergQuint. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 15 Pfizer CEO, Indian envoy to US discuss #covid response efforts:

Taking to Twitter, Sandhu said he discussed with the Pfizer CEO on how the company can also strengthen the pandemic response in India, which is in the grisp of a devastating second wave of COVID-19. © livemint. Apr 30 2021 Reported Here.


Top business# 16 Tata Power is weighing an initial public offering for its renewable energy business that could raise about 35 billion rupees.:

The power company has abandoned earlier plans to seek a partner to invest in its green assets via an investment trust, the people said, asking not to be identified as the information is private. © BloombergQuint. Apr 30 2021 Reported Here.


twitter.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 17 LIVE now! 🔴 3 of the India’s top most doctors are here to answer all your questions about #Covid19SecondWave in conversation with @chandrarsrikant 🔥

Tune into #MCMasterclass LIVE: #COVID19 @breach_candy @drpratit @fortis_hospital @ManipalHealth:

You can see a list of supported browsers in our Help Center. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 18 #EarningsWithMC: Reliance Industries reports consolidated net profit of Rs 13,227 crore for the quarter ended March 2021, up 108.4% YoY ⤵️

#Earnings #RelianceIndustries:

This has been driven by strong 45 percent YoY EBITDA growth at Reliance Jio Infocomm on the back of continued subscriber traction and higher ARPU, said the company. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 19 Adani now controls an estimated 25% of India’s seaborne cargo traffic.:

“Adani is building for the next decade, and that’s what their strategy has been in ports,” said Patel of ICRA. © BloombergQuint. Apr 30 2021 Reported Here.


Top business# 20 Covid-19 crisis: US to dispatch 20 million of its Covishield doses to India #Covishield #AstraZeneca #COVID19:

Whilst more than 22 tonnes of medical supplies comprising oxygen plants reached India from Russia on Wednesday, April 28, the first supplies from the US are likely to land on Friday morning. © BT_India. Apr 30 2021 Reported Here.


Top business# 21 #ICYMI: IIL is all set to play a crucial role in @BharatBiotech’s plan to ramp up #Covaxin production to 700 million doses annually. In an interaction with @viswanath_pilla, MD of IIL, K Anand Kumar talks about the plan in action & much more.:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 22 Delhi folks, please reach out to the below Contact number. 🙏:

You can see a list of supported browsers in our Help Center. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 23 The highest gathering was reported on April 12, the first day of shahi snan – 35 lakh, followed by 32 lakh on March 11, for Maha Shivratri.

#COVID19:

Subscribe to Moneycontrol Pro at ₹499 for the first year and get access to exclusive offers. © CNBCTV18News. Apr 30 2021 Reported Here.


moneycontrol.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 24 #MarketsWithMC | Rakesh Jhunjhunwala Portfolio: Big Bull raises stake in 5 companies in March quarter.
Reports @kshanand

Read more at #MarketOutlook #RakeshJhunjhunwala #StocksToWatch:

He holds over a 10 percent stake in Nazara Technologies, which is a leading India-based diversified gaming and sports media platform with a big presence in the domestic market and across emerging and developed markets, offering interactive gaming, eSports, and gamified early learning ecosystems. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 25 #MCExclusive: Rajasthan is among the five worst-affected states due to #Covid19SecondWave.

Catch CM Ashok Gehlot in conversation with @AmanKayamHai_ on the challenges his big state is facing & more, at: @ashokgehlot51 #Rajasthan #COVID19 #India:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


moneycontrol.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 26 .@airvistara, the Tata-Singapore Airlines joint venture, has filed for permissions in the US to fly from Sept this year.

@khabri_lal takes a look at how the flight operations could play out ⤵️

#Vistara #Aviation #AirTraffic. Read::

Copyright © e-Eighteen.com Ltd All rights resderved. © moneycontrolcom. Apr 30 2021 Reported Here.


bit.ly/
Image courtesy: Twitter. © @BloombergQuint

Top business# 27 I don’t have to go to every party in town, Rakesh Jhunjhunwala on cryptocurrencies.

Read more::

“I don’t think its good to be a bear or a bull all the time. © BloombergQuint. Apr 30 2021 Reported Here.


Top business# 28 Google saves over $1 billion a year as employees work from home due to COVID-19:

During the first quarter, Google parent Alphabet Inc saved $268 million in expenses from company promotions, travel and entertainment, compared to the year-ago period, as mentioned in a company filing. © BT_India. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 29 How much gold you can hold under income tax rules:

Speaking on how much gold one can possess without having its invoice Amit Gupta, MD at SAG Infotech said, As per the Income Tax Department norms, a married lady can posses up to 500 gm gold without invoice while in the case of unmarried lady and male this limit is 250 gms and 100 gms respectively. © livemint. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 30 India has gone past 3 million active #covid19 cases, almost three times the peak level reached last year.

In Gujarat, active cases are now eight times the peak of 2020.

Read the Mint Newsletter: #MintNewsletter #covid19 #CoronavirusPandemic:

Log in to our website to save your bookmarks. © livemint. Apr 30 2021 Reported Here.


Top business# 31 COVID-19 crisis: Japan prepared to provide 300 respirators, oxygen concentrators to India:

Kato did not specify when the respirators and concentrators would be delivered, saying that he hoped they would be provided swiftly once discussions with India were finalised. © BT_India. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 32 LIC books record profit of ₹37,000 crore from share sale

(@anirudh_laskar reports):

LIC has been reducing investment in these sectors and shifting focus to new sectors where it used to have a small exposure in the pre-covid era. © livemint. Apr 30 2021 Reported Here.


Top business# 33 Reliance Industries Profit More Than Doubles To ₹ 13,227 Crore In March Quarter:

Reliance Industries digital arm Reliance Jio’s net profit during the quarter advanced 0.5 per cent to Rs 3,508 crore and operating profit came in at Rs 8,573 crore. © NDTVProfit. Apr 30 2021 Reported Here.


Top business# 34 Day 3 of the Mint India Investment Summit looks at the future of tech startups, lessons from the pandemic, new paradigms in venture capital & more.

Catch the live stream here: @midc_india @TrilegalLaw #MintIIS:

You can see a list of supported browsers in our Help Center. © livemint. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 35 #Covid19 | Delhi CM @ArvindKejriwal urges residents to not queue up at vaccination centres on 1 May:

We have made requests to the company regarding vaccines, we will tell you when it comes, Jain was quoted as saying by news agency ANI. © livemint. Apr 30 2021 Reported Here.


epaper.livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 36 Exit polls see tight race in WB, edge for Mamata | LIC books record profit of ₹37,000 cr from share sale | All you need to know about O2 concentrators | Punjab, Telangana see big jump in vaccination

Here’s the link to today’s e-paper:

The Page List View © livemint. Apr 30 2021 Reported Here.


Top business# 37 Remdesivir to be administered to severe COVID-19 patients with prescriptions: Centre tells SC:

More particularly when Remdesivir is to be administered only upon a medical prescription and by a the qualified doctor attending to the patient at his residence…the use of Remdevisir must remain limited to severe condition COVID-19 patients strictly as per medical protocol, the Centre told the government in its affidavit. © BT_India. Apr 30 2021 Reported Here.


Top business# 38 #BREAKING: @reliancejio posts its net profit at Rs 3,360 crore in the fourth quarter of financial year 2020-21

#RelianceJio #Jio #EarningsWithMC:

With its path defining partnerships over the last couple of years, Jio will continue to strive towards making India a premier digital society, RIL Chairman and Managing Director Mukesh Ambani said. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 39 Rahul Bajaj has stepped down as Chairman of Bajaj Auto, ending a 49-year stint as the head of the two-wheeler manufacturer. A glimpse of his career 

#BajajAuto #RahulBajaj:

Rahul Bajaj’s sons Rajiv and Sanjiv are the Managing Directors of Bajaj Auto and Bajaj Finserv, respectively. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 40 #Covid19: Maharashtra may witness a third wave of the infection in July-August, says health minister @rajeshtope11 

#CoronaSecondWave #Maharashtra:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 41 #Covid19: April rewind—a month of religious holidays, prayers & pyres. Read more: #Covid19Impact #KumbhMela #Ramadan2021:

Stock & Index F&O Trading Calls & Market Analysis © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 42 AstraZeneca reports #COVID19vaccine sales worth $275 million:

The results come after a bruising start to the year as the drugmaker struggles with production of its vaccine and faces a legal battle after cutting deliveries to Europe, while regulators probe rare blood clots in people who got the shot. © BT_India. Apr 30 2021 Reported Here.


livemint.com/
Image courtesy: Twitter. © @livemint

Top business# 43 ITC to support setting up of 200-bed #covid care facility in Kolkata

(@suneeratweets reports):

To contribute to enhancing availability of covid healthcare facilities in Kolkata, ITC is humbled by the opportunity to support the setting up of a 200- to 300-bed medical facility in Kolkata by Medica Superspecialty hospital for the treatment of covid-19 positive patients and administering vaccines, the company said in a statement. © livemint. Apr 30 2021 Reported Here.


moneycontrol.com/
Image courtesy: Twitter. © @moneycontrolcom

Top business# 44 Octogenarian ‘Shooter Dadi’ Chandro Tomar who became the oldest woman, sharpshooter, in the world dies due to COVID-19.

#Covid19 #ChandroTomar:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 45 #EarningsWithMC: Reliance Retail reports a 24.4% increase in revenue from operations at Rs 47,064 crore for the fourth quarter ended March 2021 ⤵️

#RelianceRetail #Reliance #Earnings:

The company reported its footfalls had already dropped to 35-40 percent of the pre-Covid levels in April, while the consumer sentiment took a hit as they started cutting down on non-essential purchases.   © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 46 #JustIn: Veteran lawyer & former attorney general Soli Sorabjee passes away. He was suffering from #covid19 ⤵️

#SoliSorabjee #CoronavirusIndia:

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. © moneycontrolcom. Apr 30 2021 Reported Here.


Top business# 47 HDFC Bank announces new business plan under new CEO.

@Vishwanath4389 reports.:

in October 2020, has announced changes to the bank’s business model and its leadership team. © BloombergQuint. Apr 30 2021 Reported Here.


Top business# 48 #COVID19crisis: US non-profit body Sewa International sends 2,184 #oxygen concentrators to India:

Ajay Jain Bhutoria, a Democratic party leader from California, announced a grassroots level initiative with hundreds of volunteers, calling people in India to follow social distancing protocols, wear masks, stay indoors and avoid all gatherings for the next 8-12 weeks. © BT_India. Apr 30 2021 Reported Here.


Top business# 49 As India continues to struggle with a devastating second wave of covid-19, oxygen therapy has become one of the primary modes of treatment, especially with the help of oxygen concentrators.

Mint takes a look at how helpful these are in #covid19 treatment:

According to the World Health Organization’s (WHO’s) technical specifications on oxygen concentrators, pulse oximeters should be used in conjunction with a concentrator to identify and monitor hypoxaemic (low levels of oxygen in the blood) patients. © livemint. Apr 30 2021 Reported Here.


All articles/ opinions/ images are copyright content of the original media house/ author. Content is taken from what is shared on Twitter.You can read more of our “Everything you need know series” here.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must read

Kerala’s Sarandev creates eco-friendly illuminated portraits for the first time, makes record

Sarandev's eco-friendly illuminated portraits sets three records. This 25-year-old...