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India needs to invest ₹3K-5K crore to give all Indians Covid vaccine: Zydus Cadila chairman
The requirement of the vaccine doses is going to be very high. Given the fact almost all vaccines are going to work at least two doses, if we look at India’s population and decide to immunise 50 per cent of the population, we would require over 130 crore doses and that’s not the capacity anybody has.
Even if people have the capacity to produce, it cannot happen in one day. It can only happen over a long period,
said Zydus Cadila Chairman Pankaj R Patel.
Another challenge we would have is “how long the immunity will last with this vaccine? If the vaccine is going to give a long-term immunity, it will be wonderful, but if it provides short-term immunity then we will have to keep on immunising people again and again,” he added.
“Diversity and Inclusion” plays a crucial role in business resilience during pandemic:Survey
Attendees were also asked to identify the most pertinent areas the insurance industry needs to focus on as a result of new ways of working. Mental Health ranked the number one concern (44%), followed by Gender Equality (43%), Flexible Working Patterns (41%) and Culture & Ethnicity (34%).
India’s COVID-19 tally races past 55 lakh; recovery rate rises to 80.86%
The COVID-19 case fatality rate was recorded at 1.60 percent.
There are 9,75,861 active cases of the coronavirus infection in the country which comprises 17.54 percent of the total caseload, the data stated.
Vaccine likely in India by first half of 2021 if ‘good results by year-end’, top scientist says
India, which is host to some of the front-runner vaccine clinical trials, currently has no local infrastructure in place to go beyond immunizing babies and pregnant women, said Gagandeep Kang, professor of microbiology at the Vellore-based Christian Medical College and a member of the WHO’s Global Advisory Committee on Vaccine Safety.
Russia to share legal risks of COVID-19 vaccine
“Russia is so confident in its vaccine that it has not asked for full indemnity and this is a major differentiating factor versus any Western vaccine,” said Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), the state sovereign wealth fund that is backing the vaccine.
“All of them are asking for full indemnity of legal risks.”
More than 150 nations join global vaccine plan,U.S.,but China absent
With some wealthier nations reticent over COVAX, the plan has highlighted the challenge of distributing vaccines equitably around a world of haves and have-nots.
The vaccine alliance said it expected another 38 wealthy countries to join the initiative in coming days.
It said it had received commitments for $1.4 billion towards vaccine research and development, but a further $700 million-$800 million was urgently needed.
InsuranceDekho to get $20 mn funding from GirnarSoft for branding, others
“This new capital infusion will be used to expand our digital footprint. We are already a force to reckon with in the B2B space. With this round we aim to invest in branding and marketing to further strengthen our B2C platform which has been seeing strong traction over the last 2 quarters,” InsuranceDekho CEO and co-founder Ankit Agrawal said.
86,961 new COVID-19 cases in India, tally reaches 54,87,580
The COVID-19 case fatality rate due to coronavirus has further declined to 1.6 per cent. There are 10,03,299 active cases in the country as of now, which comprises 18.28 per cent of the total caseload, the data stated.
According to the Indian Council of Medical Research (ICMR), a cumulative total of 6,43,92,594 samples have been tested up to September 20, with 7,31,534 samples being tested on Monday.
Nick Hawkins appointed as MD and CEO of IAG
Hawkins succeeds Peter Harmer whose retirement was announced in April this year. Harmer will leave the company on 1 November 2020 after five years as IAG CEO
Toyota Insurance Services to join Swiss Re ADAS risk platform
The ADAS risk score was launched by Swiss Re and BMW Group in 2019 with the aim of solving this issue and developing a vehicle-specific insurance rating that primary insurers worldwide can use to calculate insurance premiums, taking safety-relevant driver assistance systems into account.
On the journey towards autonomous vehicles, cars are increasingly equipped with advanced driving assistance systems (ADAS) that actively support the driver in avoiding accidents. Insurers face the challenge of knowing which ADAS features are installed in a vehicle, what their impact on safety is, and to what extent drivers use them.