Five dead in Serum fire, new launches likely to be hit: CEO Poonawalla

Prime Minister Narendra Modi expressed anguish over the incident

Five people were killed on Thursday in a major fire that broke out in a Serum Institute of India factory, but the world’s largest vaccine maker said the incident would not affect the production of Covid-19 vaccine even as new launches may be hit. Sparks from welding work being carried out in the under-installation factory in Pune had triggered the fire that destroyed some floors of the building, local authorities said. Maharashtra Health Minister Rajesh Tope said an investigation and a fire audit will be done. Prime Minister Narendra Modi expressed anguish over the incident. “In this sad hour, my thoughts are with the families of those who lost their lives. I pray that those injured recover at the earliest,” he tweeted.

Serum Chief Executive Officer Adar Poonawalla offered condolences over the loss of lives. “I would like to reassure all governments & the public that there would be no loss of #Covishield production due to multiple production buildings that I had kept in reserve to deal with such contingencies at the Serum Institute of India,” Poonawalla tweeted, while thanking the Pune City Police and the fire department. However, the incident could cause delays in launching new products and the firm expects revenue losses of over Rs 1,000 crore, Poonawalla was quoted as saying by CNBC-TV18…

Comments

Best Unconventional Workout and Sporting Activities for Summer

In summers, depending upon conditions and circumstances one can incorporate both outdoor and indoor activities in their training schedule. Summer is the season of holidays, picnics, outings and beaches. With travel and binge eating proper workout becomes that much more essential in summers. But with heat and the sun outdoors, an individual has to balance his indoor and outdoor activities to get a fulfilling workout. In summers, depending upon conditions and circumstances one can incorporate both outdoor and indoor activities in their training schedule. Mentioned below are some of the best physical and sporting activities that one can use as a workout to stay fit in the summer season. Beach Sports - If in summers one is going to spend much time on beaches or at a beach destination then one may use beach sporting activities such as beach rugby, beach soccer, beach tennis and beach volleyball to stay fit. All of these sporting activities on sand provide a ...

PSU bank employees go on two-day strike; services hit at many places

Employees of public sector banks went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country Employees of public sector banks (PSBs) on Thursday went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country. Many branches across different parts of the country were shut as the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) had given two day strike call. As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals might be affected due to the strike. But ATMs are expected to function as usual. Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to ...

'When rape is inevitable, enjoy it...': Congress MLA in Karnataka Assembly

Senior Karnataka Congress leader KR Ramesh Kumar made a sexist and unsavoury comment on rape in the state Assembly Senior Karnataka Congress leader and former Karnataka Assembly Speaker KR Ramesh Kumar on Thursday made a sexist and unsavoury comment on rape in the state Assembly. Speaking in the Assembly, Kumar said, “There is a saying that when rape is inevitable, lie down and enjoy it. That is exactly the position in which you are.” The senior Congress MLA’s remark was made when MLAs began to demand time from Speaker Vishweshwara Hegde Kageri to discuss farmers’ issues in the Assembly. When the Speaker asked how the Session would be conducted if the time was allotted to everyone. “Whatever you decide I will say yes. What I am thinking is that let us enjoy the situation. I can’t control or regulate the system, my concern is about the business of the house, it has also to be covered,” the Speaker told the members. To this, the Congress MLA Ramesh Kumar mad...

Budget 2018-19

Search This Blog