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-

  • Last Updated : April 19, 2024, 13:41 IST
The first batch of Sputnik vaccine is expected to be produced at SII’s facilities in September

Dr Reddys Laboratories Ltd, which soft-launched Russia’s Covid-19 vaccine, Sputnik V on May 14 has expanded the pilot project to over 50 other cities and towns in the country.

In a tweet on Monday night, the city-based drugmaker said it will strengthen the commercial rollout of Sputnik V in the coming weeks.

“Starting initially in Hyderabad today, the soft launch rollout of Sputnik V has scaled up speedily and reached cities and towns all over India- including but not limited to Hyderabad, Vizag, Bengaluru, Mumbai, Navi Mumbai, Kolkata, Delhi, NCR, Chennai, Miryalaguda, Vijayawada, Baddi, Kolhapur, Kochi, Raipur, Chandigarh, Pune, Nagpur, Nashik it said in the tweet.

Recently, Dr Reddy’s received nearly three million doses of SputnikV from Russia’s direct investment fund with which it has a pact to sell 125 million people doses (250 million vials) in India.

The Indian drug regulator has granted permission for restricted emergency use of SputnikV, developed by the Gamaleya National Research Institute of Epidemiology and Microbiology.

Dr Reddys has partnered with major hospitals across the country for this purpose all of whom have successfully administered Sputnik V in India including ongoing commercial rollouts to the public, the company added.

Published: July 13, 2021, 10:57 IST
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