Will the FPO fund infusion solve Vodafone Idea’s problems?

Will a capital infusion of Rs 45,000 crore be enough for Vodafone Idea? Will the capital investment plan help in the turnaround of the company? Should existing and new investors invest in FPO? Watch this video to know-

The Centre is now negotiating with Zydus on the price of the vaccine and will be decided in a meeting between the representatives of the company and the National Expert Group in Vaccine Administration for Covid (NEGVAC) headed by Niti Aayog member VK Paul and health ministry officials likely to be held this week. 

Beijing: China’s two major Covid-19 vaccine makers have signed agreements to provide up to 550 million doses to COVAX, the UN-backed program that aims to deliver vaccines to poor countries and others that need them.

Gavi, the vaccine partnership playing a leading role in COVAX, announced that it would buy 110 million doses from Sinopharm and Sinovac between now and October. In addition, it has the option to buy 440 million more doses by mid-2022.

The World Health Organization has approved the companies’ vaccines for emergency use. Their inactivated vaccines are already in widespread use in China and in many other countries.

Inactivated vaccines are made with killed coronavirus. Most other Covid vaccines in use, particularly in the West, are made with newer technologies that target the “spike” protein that coats the surface of the virus.

Published: July 12, 2021, 21:01 IST
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