Top business stories – Everything you need to know on: May 5 2021

24,965,463
India total cases
Updated on May 17, 2021 10:41 am
274,411
India deaths
Updated on May 17, 2021 10:41 am
21,174,076
India total recovered
Updated on May 17, 2021 10:41 am
3,516,976
India total active cases
Updated on May 17, 2021 10:41 am

India Covid 19 Stats:

24,965,463
Total cases
Updated on May 17, 2021 10:41 am
21,174,076
Recovered
Updated on May 17, 2021 10:41 am
3,516,976
Active
Updated on May 17, 2021 10:41 am
274,411
Total deaths
Updated on May 17, 2021 10:41 am

Lockdown must in areas with Covid-19 positivity rate of over 10%, says AIIMS chief Randeep Guleria amid second wave. Plus other top 55 business stories you need to know on May 5.

Top business# 1 Tata Steel says it supplied 1000+ tons of Liquid Medical Oxygen yesterday and 25700 tons cumulatively till April end.:

You can see a list of supported browsers in our Help Center. © CNBCTV18Live. May 4 2021 Reported Here.


Top business# 2 Tata group to airlift 60 cryogenic oxygen tankers from overseas, build around 400 oxygen generating units for hospitals in smaller towns amid the pandemic.

@TataCompanies #TataGroup #OxygenCrisis #COVIDIndia:

We have now taken a senior Tata leader in each one of those locations, who would co-ordinate and be the leader to provide all the necessary support for our Tata ecosystem in those particular geographies and we would support those leaders to become more effective, Agrawala said. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 3 The 2021 edition of the @IPL has been suspended, as several players test have #COVID19 positive. More details here 👇

#IPL21 #IPL2021 #Sports #Cricket:

This decision was taken keeping the safety, health and well-being of all stakeholders in mind, the IPL Governing Council said in a statement. © moneycontrolcom. May 4 2021 Reported Here.


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

Top business# 4 Handover management of oxygen tankers to IIT or IIM: Delhi HC suggests Centre:

In his plea filed through advocate Snigdha Singh, Prasanna has claimed that due to an acute shortage of hospital beds and other necessities such as testing kits and oxygen supply, there have been an overwhelming number of deaths in the country, especially in the national capital region. © livemint. May 4 2021 Reported Here.


Top business# 5 #BREAKING: Kangana Ranaut’s @Twitter account has been suspended. The reason behind the suspension is yet to be known.

#KanganaRanaut #KanganaTwitter #Entertainment:

As users clicked on the actor’s Twitter handle @teamkangana, the website shows Account suspended and Twitter suspends accounts which violate the Twitter Rules. © moneycontrolcom. May 4 2021 Reported Here.


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

Top business# 6 India crisis reveals complacency and lack of foresight, says Raghuram Rajan.

Read::

(Bloomberg) — India’s overwhelming surge of coronavirus infections has revealed complacency after last year’s first wave, as well as a “lack of foresight, a lack of leadership,” according to Raghuram Rajan, former governor of the country’s central bank. © BloombergQuint. May 4 2021 Reported Here.


Top business# 7 Lockdown must in areas with Covid-19 positivity rate of over 10%, says AIIMS chief Randeep Guleria amid second wave:

There is a need to impose strict regional lockdowns in areas where the Covid-19 case positivity rate is over 10% or the bed occupancy is above 60% to break the chain of transmission. © livemint. May 4 2021 Reported Here.


Top business# 8 India has invited Pfizer, Johnson & Johnson and Moderna Inc to sell their vaccines to the country but none have applied to do so yet:

This story has been published from a wire agency feed without modifications to the text. © livemint. May 4 2021 Reported Here.


Top business# 9 Karnataka govt appoints Prashanth Prakash, one of India’s top startup investors, as an advisor to CM BS Yeddiyurappa on strategy and planning.

(by @chandrarsrikant) #PrashanthPrakash #Karnataka @BSYBJP:

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. May 4 2021 Reported Here.


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

Top business# 10 JEE (Main) – May 2021 session postponed amid Covid surge: Education Minister:

Earlier, on Monday, the union education ministry asked all the central funded higher educational institutions to postpone all offline examinations scheduled in May as coronavirus cases are surging across India. © livemint. May 4 2021 Reported Here.


Top business# 11 In the time Priya Ramani wrote this column, 48,581 Indians added their signatures to it a petition demanding Modi’s resignation.

Read her #BQOpinion.:

And as citizens, celebrities, international diplomats—and even desperate hospitals—look to social media and each other instead of the glaringly absent Indian state for help, a petition demanding Modi’s resignation has quietly snagged 7 lakh signatures in just six days, becoming one of the most popular in recent years on change.org. © BloombergQuint. May 4 2021 Reported Here.


Top business# 12 UK PM Boris Johnson announces 1 billion pound trade deal with India:

There is also a commitment to deepening cooperation in educational services and concluding work on the recognition of UK higher education qualifications, which will encourage an increase in student flows, skills transfer and knowledge sharing between the UK and India. © BT_India. May 4 2021 Reported Here.


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

Top business# 13 Bansal Classes founder VK Bansal, who passed away after a prolonged illness on May 3, was behind Rajasthan’s Kota becoming a Mecca for engineering aspirants.

@Maamitalks tells us more about his journey: #VKBansal #Kota #BansalClasses #BansalSir:

In 1983, Bansal quit JK Synthetics because of his illness and decided to start teaching students on a full-time basis. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 14 Mumbai’s daily coronavirus cases drop to 2,554, lowest since mid-March:

He said the state, reeling under a second wave of the infection, has recorded a 5% drop in test positivity rate, from 27% to 22%. © livemint. May 4 2021 Reported Here.


Top business# 15 Kolkata Knight Riders’ Australian pacer Pat Cummins on Monday said he has allocated his $ 50,000 donation to UNICEF Australia’s India COVID-19 Crisis Appeal, a week after pledging the amount to PM CARES Fund.:

Australian Cricket will throw its support behind India’s COVID-19 Crisis Appeal, with Cricket Australia, the Australian Cricketers; Association and UNICEF Australia partnering to raise much-needed funds, CA said in a statement. © CNBCTV18Live. May 4 2021 Reported Here.


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

Top business# 16 Deepika Padukone tests positive for COVID-19.

LIVE #COVID updates: #DeepikaPadukone #COVID19 @deepikapadukone:

Coronavirus LIVE Updates | BMRCL has established a 100 bed COVID Care Centre to help in the efforts of Govt of Karnataka to combat surge of COVID-19. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 17 #IPL2021 suspended for the time being:

The BCCI does not want to compromise on the safety of the players, support staff and the other participants involved in organising the IPL. © CNBCTV18Live. May 4 2021 Reported Here.


Top business# 18 Both PMs also discussed the extradition of fugitive Indian businessmen Vijay Mallya, Nirav Modi:

Subscribe to Moneycontrol Pro at ₹499 for the first year and get access to exclusive offers. © CNBCTV18News. May 4 2021 Reported Here.


Top business# 19 As India hurtles headfirst into its worst health emergency as an independent nation, citizens are holding key politicians accountable, writes Priya Ramani.

Read her ‘Rational Anthem’ column in #BQOpinion.:

And as citizens, celebrities, international diplomats—and even desperate hospitals—look to social media and each other instead of the glaringly absent Indian state for help, a petition demanding Modi’s resignation has quietly snagged 7 lakh signatures in just six days, becoming one of the most popular in recent years on change.org. © BloombergQuint. May 4 2021 Reported Here.


Top business# 20 Big Basket was the most used brand in online grocery segment.:

As a consequence of the pandemic, brands that have been able to consistently deliver across all consumer-facing touchpoints win big. © CNBCTV18News. May 4 2021 Reported Here.


Top business# 21 WhiteHat Jr drops Rs 20 cr defamation suit against critic Pradeep Poonia:

It had also directed to delete tweets posted on September 12, 2020, with defamatory comments on WhiteHat Jr instructors and on September 5, 2020, calling the company a pyramid scheme, along with several other tweets posted last year in September and October. © BT_India. May 4 2021 Reported Here.


Top business# 22 Bajaj Healthcare has successfully developed the active pharmaceutical ingredient (API) and the formulation for Favipiravir through its own in-house R&D team, the company said:

The drug controller of India’s has granted permissions to supply the “Favijaj (Favipiravir) in the domestic as well as in overseas market. © livemint. May 4 2021 Reported Here.


Top business# 23 Remdesivir production has gone up from 37 lakh on 12 April to 1.05 crore on 4 May, said Mansukh Mandaviya:

Due to the surge in the COVID-19 cases in the country, there has been a huge demand for Remdesivir. © livemint. May 4 2021 Reported Here.


Top business# 24 Karnataka CM BS Yediyurappa declares journalists as ‘frontline workers’, to vaccinate them on priority:

The coronavirus scenario in Karnataka is grim as the state reported over 44,438 cases and 239 deaths on Monday taking the total infections and fatalities to 16,46,303 and 16,250. © livemint. May 4 2021 Reported Here.


Top business# 25 .@adarpoonawalla’s @SerumInstIndia to invest 240 million pounds in the UK, to expand #vaccine business.

#AdarPoonawalla #SerumInstituteofIndia #COVID19India:

With almost 1.4 billion people, India’s population is bigger than the EU and US combined and by far the largest market the UK has committed to negotiating a trade deal with to date, the statement said. © moneycontrolcom. May 4 2021 Reported Here.


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

Top business# 26 India’s overwhelming surge of #coronavirus infections has revealed complacency after last year’s first wave, as well as a “lack of foresight, a lack of leadership, says Raghuram Rajan.

Read more::

(Bloomberg) — India’s overwhelming surge of coronavirus infections has revealed complacency after last year’s first wave, as well as a “lack of foresight, a lack of leadership,” according to Raghuram Rajan, former governor of the country’s central bank. © BloombergQuint. May 4 2021 Reported Here.


Top business# 27 The telcos will also be permitted to use their existing spectrum owned by them (800 MHz, 900 MHz, 1800 MHz and 2500 MHz) for conducting 5G trials in India:

According to the central government, the objectives of conducting 5G trials include: Testing 5G spectrum propagation characteristics especially in the Indian context; model tuning and evaluation of chosen equipment and vendors; testing of indigenous technology; testing of applications (such as telemedicine, tele-education, augmented/ virtual reality, drone-based agricultural monitoring, etc.); and to test 5G phones and devices. © livemint. May 4 2021 Reported Here.


Top business# 28 #NewsAlert: #Covaxin effective against Brazilian, British, and Indian variants of #COVID19, studies show.

#Corona #Coronavirus #COVID19India:

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. May 4 2021 Reported Here.


Top business# 29 India is expected to receive more than 45 crore doses of vaccines by July. We look at what @SerumInstIndia & @BharatBiotech have said so far ⤵️

(by @AmanKayamHai_) #Covaxin #Covisheild #COVIDIndia:

Serum Institute on Monday said it had total orders of 26 crore doses from the government of India since the vaccination started in January, and it had supplied 15 crore such doses already as on date. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 30 ⚡️ “CNBC-TV18 Explainer: Vial To Vaccination:

You can see a list of supported browsers in our Help Center. © CNBCTV18News. May 4 2021 Reported Here.


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

Top business# 31 Supreme Court says Modi’s vaccine policy will produce “chaos and uncertainty”

Read more::

Vaccines are a “valuable public good” and discrimination cannot be made between citizens depending on a state’s ability to provide free vaccination, the court said. © BloombergQuint. May 4 2021 Reported Here.


Top business# 32 COVID-19 crisis: In a first in India, eight lions test positive in Hyderabad zoo:

NZP officials decided to test the lions for coronavirus after wildlife veterinarians working in the park noticed coronavirus-like symptoms including loss of appetite, nasal discharge, and coughing among the lions. © BT_India. May 4 2021 Reported Here.


Top business# 33 #Update: Kangana Ranaut’s account permanently suspended. Here’s what the @Twitter spokesperson had to say about it.

#KanganaRanaut #Entertainment:

As users clicked on the actor’s Twitter handle @teamkangana, the website shows Account suspended and Twitter suspends accounts which violate the Twitter Rules. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 34 ICMR directed that ‘RT-PCR test must not be repeated in any individual who has tested positive once either by RAT or RT-PCR’:

The Indian Council of Medical Research (ICMR) has issued fresh guidelines for Covid-19 testing as the laboratories face challenges to meet the expected testing target due to the rise in caseload. © livemint. May 4 2021 Reported Here.


Top business# 35 Delhi govt announces free ration for 72 lakh beneficiaries for two months. Here’s all you need to know 👇

#Delhi #ArvindKejriwal #FreeRation #COVIDImpact:

All autorickshaw drivers and taxi drivers in Delhi will be given Rs 5,000 each by the state government, as financial assistance during the second wave of COVID-19. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 36 #NewsAlert: The @BCCI will reschedule the match between @ChennaiIPL & @rajasthanroyals, as the #CSK team is currently in quarantine, due to bowling coach L Balaji testing #COVID19 positive.:

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. May 4 2021 Reported Here.


Top business# 37 Meet Mohammad Javed Khan, an auto-rickshaw driver who converted his vehicle into an ambulance by fitting an oxygen cylinder to serve coronavirus patients for free in #Bhopal.

#COVIDIndia #CoronaWarriors #FightBackIndia:

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. May 4 2021 Reported Here.


Top business# 38 Pandemic has not just taken a toll on the physical and mental health of the masses but has also shaken the financial backbone of several households.:

According to Pranjal Kamra, Founder and CEO of Finology, the present crisis has highlighted the importance of maintaining an emergency fund that will help individuals to sustain at least a few months in case there is any cash crunch. © CNBCTV18News. May 4 2021 Reported Here.


Top business# 39 Koo launches ‘Talk to Type’ feature, to support 22 Indian languages:

We will keep adding value to Indians by enabling the easiest localized forms of expression and present their thoughts to India in a seamless way, said Radhakrishna in a statement. © BT_India. May 4 2021 Reported Here.


Top business# 40 Twitter suspends #KanganaRanaut’s account after controversial tweets:

She had also criticised Twitter’s regulations.  She had blamed the Mamata Banerjee-led Trinamool Congress (TMC) for violence in the state and also urged the BJP to impose Presidential rule in West Bengal. © BT_India. May 4 2021 Reported Here.


Top business# 41 #UttarPradesh: Groom fails a simple math test, bride leaves him at the marriage hall, calls of the wedding. Read here 👇

#UP #Education #News:

As he failed to recite the table, the bride called off the marriage, IANS reported. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 42 Deepika Padukone tests positive for COVID-19, father Prakash Padukone hospitalised:

The news of Deepika Padukone’s family testing positive for COVID-19 was shared by popular Bollywoood photographer and content creator Viral Bhayani. © BT_India. May 4 2021 Reported Here.


Top business# 43 Detailed guidelines regarding the lockdown will be decided by the Crisis Management Group, Bihar CM Nitish Kumar said:

On the vaccination front, 72,658 beneficiaries were administered jabs Monday while a total of 74,18,981 people have been inoculated in the 45-plus age group to date. © livemint. May 4 2021 Reported Here.


Top business# 44 Kangana Ranaut’s Twitter account suspended: We take a look at other celebrities, politicians who were banned from the platform.

Read: #KanganaRanaut #Twitter:

Positional and Intraday Trading Calls basis Noiseless Chart © moneycontrolcom. May 4 2021 Reported Here.


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

Top business# 45 As Indians say #ResignModi, a petition races ahead, writes Priya Ramani.

Read her #BQOpinion column::

And as citizens, celebrities, international diplomats—and even desperate hospitals—look to social media and each other instead of the glaringly absent Indian state for help, a petition demanding Modi’s resignation has quietly snagged 7 lakh signatures in just six days, becoming one of the most popular in recent years on change.org. © BloombergQuint. May 4 2021 Reported Here.


Top business# 46 Oxygen supply jumps 300% to 9,200 tpd, shortage to end soon: Inox Air:

With COVID-19 cases coming down in the most affected state of Maharashtra and Gujarat, and medical oxygen availability increasing to 9,200 tonnes a day, the issue of oxygen shortage in the country can be sorted out within a few days, says Siddharth Jain, Director, Inox Air Products, the largest manufacturer of industrial and medical gases in India. © BT_India. May 4 2021 Reported Here.


Top business# 47 #ICYMI: Rakesh Jhunjhunwala raised stake in 5 companies in the March quarter and made fresh investments in two. Find out more here: #MarketswithMC #RakeshJhunjhunwala #StockstoWatch:

Positional and Intraday Trading Calls basis Noiseless Chart © moneycontrolcom. May 4 2021 Reported Here.


Top business# 48 Here are some initiatives @AccentureIndia is undertaking to provide care, support and access vaccines for over 2 lakh eligible employees and their families ⤵️

@Accenture #COVIDIndia #COVID19:

Accenture is undertaking initiatives to provide care, support and access to COVID-19 vaccines for over 2 lakh eligible employees and their families in India, the company said in a note on May 4. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 49 #BREAKING: The SC has struck down #WestBengal Housing Industry Regulation Act, 2017 as unconstitutional, saying it is repugnant to the Central Act of RERA.

#SupremeCourt #RERA #RealEstate:

In failing to do so, the State legislature has transgressed the limitations on its power and has enacted a law which is repugnant to Parliamentary legislation on the same subject matter,” the bench of justices D Y Chandrachud and M R Shah said. © moneycontrolcom. May 4 2021 Reported Here.


Top business# 50 Oil giant Saudi Aramco reported a 30% jump in net income, in a sign of a continued recovery from the previous year’s oil market crash that saw full-year earnings for the state firm slashed in half.:

That doesn’t mean Aramco isn’t well positioned, but no other major oil company has to deal with these burdens.Aramco maintains this because it has the cheapest costs of oil production in the world, with huge oil reserves and is very well managed, she added. © CNBCTV18Live. May 4 2021 Reported Here.


Top business# 51 Mumbai’s municipal corporation has opened its first drive-in vaccination facility. #CovidVaccine @mybmc:

Located at Dadar West, at the Kohinoor Parking lot, the vaccination centre has 7 rooms and will vaccinate those above 45 years of age who are eligible for their second dose of Covishield, the Brihanmumbai Municipal Corporation said on Twitter. © BloombergQuint. May 4 2021 Reported Here.


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Image courtesy: Twitter. © @BT_India

Top business# 52 #CovidIndia | #India has recorded the latest 5 million COVID-19 cases in just 15 days

#COVIDSecondWaveInIndia #CoronaSecondWave #CoronavirusIndia:

Amidst the devastating second wave of the pandemic, India took just 15 days to add 5 million cases (15 million to 20 million) to its COVID tally © BT_India. May 4 2021 Reported Here.


Top business# 53 West Bengal post-poll violence: PM Narendra Modi calls up Governor Jagdeep Dhankar, expresses concern over law and order situation in state:

The BJP has attacked the Mamata Banerjee-led Trinamool Congress over the alleged killing of its party workers in Bengal, and charged that the state is burning due to state-sponsored violence. © livemint. May 4 2021 Reported Here.


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

Top business# 54 #ElectionsWithMC: Take a look at the gender, age, education profile of newly elected assemblies

🎯 West Bengal.:

One has to put up a fight, he said, adding that one cannot say that the BJP cannot be defeated due to the lack of resources and impartial media, he added. © moneycontrolcom. May 4 2021 Reported Here.


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

Top business# 55 Canadian scientists share first images of B.1.1.7 #COVID19 mutation. See here: #Coronavirus #COVID19 #COVIDIndia:

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. May 4 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.

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