Indian
Centre to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 crore
The issue size is expected to be worth Rs 21,000 crore, valuing the...
Mansukh Mandaviya calls India as World’s largest pharmacy, vaccine manufacturing country
Union Minister Mansukh Mandaviya "Indian pharma industry is known...
DFS Secretary asks banks to soar up balancesheet; raise capital from market
Manthan 2022 was held to brainstorm with the top leadership of...
LIC’s IPO size may be cut by 40% on Ukraine war woes
Officials want to complete the listing -- which will still be...
International
Insurtech Coherent secures $14mn investment from Cathay Innovation and Franklin Templeton
The new funding from Cathay Innovation and Franklin Templeton provides Coherent with the ability to invest and rapidly expand its operations and capability..Coherent will add technology and actuarial talent to its growing workforce at its current offices in Hong Kong, Singapore, Shanghai and Manila plus hire new teams in Japan, USA and Thailand. The increased reach will also extend its customer portfolio which currently covers large insurers in Hong Kong, Singapore, Indonesia, Mainland China, Japan, the Philippines, Thailand, Brazil and Myanmar.
Oneglobal Broking sets up Singapore operation
Why Pfizer’s ultra-cold COVID-19 vaccine will not be at the local pharmacy any time soon
The main issue is that the vaccine, which is based on a novel technology that uses synthetic mRNA to activate the immune system against the virus, needs to be kept at minus 70 degrees Celsius (-94 F) or below.
“The cold chain is going to be one of the most challenging aspects of delivery of this vaccination,” said Amesh Adalja, senior scholar at Johns Hopkins Center for Health Security.
Europe charges Amazon with using its dominance and data to squeeze rivals
The regulator looked into how the company collects data on competitors that sell on its platform, offering everything from electronics and toys to food and kitchenware. It says that Amazon uses that sensitive information, which shows what is proving popular or not, to better target its own products.
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