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Covid-19 vaccine: India looking at USD 11 bn market opportunity

by AIP Online Bureau | Aug 17, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  Mumbai: India's pharmaceutical sector is looking at an opportunity to the tune of USD 10 to 11 billion in the form of COVID-19 vaccine supply, in both domestic and export markets in the next three years, rating agency Care Ratings has said in a report....

LIC, EPFO keen to set up fund for startups: DPIIT Official

by AIP Online Bureau | Aug 17, 2021 | Indian News, Life

  New Delhi: Life Insurance Corporation of India and Employees' Provident Fund Organisation (EPFO) have expressed their willingness to set up funds for startups to help budding entrepreneurs, a senior official said on Monday. Additional Secretary in the...

Healthtech wearable glucose tracker Ultrahuman raises $17.5 mn

by AIP Online Bureau | Aug 17, 2021 | Health, Indian News, Technology

Healthtech wearable glucose tracker Ultrahuman announced on Tuesday that it has raised USD 17.5 million in Series B funding. This brings the total funds raised so far to USD 25 million, the metabolic fitness platform said in a statement. The funds raised will be used...

General Motors to replace battery modules for some Bolt electric vehicles after fire risks

by AIP Online Bureau | Aug 17, 2021 | Facts, Non-Life, Technology

Automaker General Motors Co said it will replace all battery modules in some Chevrolet Bolt electric vehicles (EVs) under a recall announced last month. The module replacements, which could start as early as later this month, come after GM recalled its 2017-2019 model...

US eases travel advisory for India

by AIP Online Bureau | Aug 17, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

The US eased its travel advisory for India on Monday, lowering it to Level 2: Moderate. The new travel advisory of Level 2 – which is considered as safe – came in the wake of the significant improvement in Covid situation in India. Early this year, the US...
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