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WHO rejects SII’s proposal seeking extension of Covishield’s shelf life from 6 to 9 months
The move comes even as India's drug regulator has extended Covishield's shelf life from six to nine months from its manufacturing date
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SBI Mutual Fund asset base crosses Rs 5 lakh crore mark in March quarter
SBI Mutual Fund's average asset under management (AAUM) rose to Rs 5.04 lakh crore in 2020-21 from Rs 3.73 lakh crore in the preceding fiscal, recording a growth of 35%
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Finance Ministry calls for vaccination of bank employees on priority basis
Out of the total strength of 13.5 lakh employees in the banking sector, about 600 unfortunate deaths due to COVID-19 were recorded, as per the Indian Banks' Association data
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First purchase of G-secs worth Rs 25,000 crore under Acquisition Programme 1.0 on April 15: RBI
On April 7, the RBI had said it will put in place a secondary market government securities acquisition programme or G-SAP 1.0 for this fiscal to enable an orderly evolution of the yield curve
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Day 2: Macrotech Developers IPO subscribed 35%
The Rs 2,500-crore Macrotech Developers IPO received bids for 1,26,56,070 shares against 3,64,18,219 shares on offer
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Rupee plunges to near 5-month low of 74.58 against US dollar
Logging its fourth straight session loss, the domestic currency settled at 74.58 to the US dollar – the lowest level for the rupee since November 13, 2019
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Reliance chairman Mukesh Ambani to appeal against SEBI penalty
Reliance Industries Chairman Mukesh Ambani will appeal against the fine imposed by market regulator SEBI over alleged irregularities in a two-decade-old share issue in the company
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Messaging platform Gupshup becomes 10th startup to join unicorn club in 2021
The latest funding round has propelled the valuation of the messaging platform to $1.4 billion
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Office space leasing declines 36% in January-March amid COVID-19 pandemic: Report
Net absorption of office space fell to 5.53 million sq. ft in January-March 2021 from 8.6 million sq. ft in the year-ago period across seven major cities
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Surge in COVID cases may impact NBFCs’ fund raising via securitisation: Report
Securitisation volume, which stood at Rs 85,000-90,000 crore during the financial year 2020-21, is expected to rise by 40-50% year-on-year in the current fiscal (2021-22), Icra Ratings said in a report
