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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (101808) | |
23541. Lenskart on verge of closing $250 million funding round at $5 billion valuation
- Softbank-backed unicorn Lenskart is on the verge of closing a $250 million funding round at $5 billion valuation within five months of raising $315 million at $2.5 billion, according to people close to the deal.
- The valuation is close to the market capitalisation of recently listed Warby Parker, an American online retailer of prescription glasses and sunglasses.
- The company’s expansion plan revolves around four focus markets--India, the Middle East, Southeast Asia, and the US. It is already the largest eyewear chain in Singapore, with 27 stores and $30 million in revenue.
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23542. ADB lowers India’s FY22 GDP growth to 9.7%
- The Asian Development Bank has revised India’s GDP growth forecast for FY22 downwards to 9.7 per cent from 10 per cent projected in September 2021 as the manufacturing sector is expected to grow more slowly than anticipated.
- India had witnessed a strong 20.1 per cent growth rebound in Q1 of FY22. This was followed by growth moderation in Q2 to 8.4 per cent, marginally below expectations as a chip shortage hindered the production and sale of automobiles and many electronic goods.
- GDP growth nevertheless remained strong, driven by growth in private consumption at 8.6 per cent and in investment at 17.2 per cent.
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23543. Infosys Consulting acquires Singtel’s delivery centre in Malaysia for $4.4 mn
- Bengaluru-based Infosys was one of the firsts among the Indian technology services ecosystem to deploy a dedicated management consulting arm in 2004.
- The acquisition is aimed at bolstering Infosys' presence in Malaysia as a strategic delivery and sales hub in South East Asia for global clients
- Infosys Consulting Pte. Ltd., a wholly-owned subsidiary of Infosys Ltd, said on Wednesday that it has acquired a 100% of the share capital of Singapore Telecommunications Ltd’s (Singtel) delivery centre in Malaysia – Global Enterprise International Malaysia – for SGD 6 million
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23544. India's imports from China dip 27.63% during April-August: Piyush Goyal
- India's imports from China declined by 27.63 per cent during April-August this fiscal to $21.58 billion over the same period previous year, Parliament was informed on Monday.
- Value of imports from China stood at $4.98 billion in August and $5.58 in July
- During the first half of September, exports have recorded a growth of 10 per cent over the same period last year, he added.
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23545. Vietnam approves Oxford-AstraZeneca vaccine against COVID-19
- Since the outbreak of the pandemic, Vietnam has registered 1,739 cases of coronavirus, including 1,739 recoveries and 35 fatalities.
- The Vietnamese authorities have approved the use of the AstraZeneca/Oxford University vaccine against COVID-19, the government news portal reported on Saturday.
- AstraZeneca will deliver 30 million doses of the vaccine to Vietnam in 2021. The first batch of the drug is expected to be delivered to the Asian nation in the first quarter of the year.
23546. Bangladesh foreign secretary says ties with India 'deep and historic'; lauds New Delhi's vaccine diplomacy
- Bangladesh's Foreign Secretary Ambassador Masud Bin Momen who was in India for the foreign office consultations has called ties with India "deep and historic".
- Speaking to WION's Principal Diplomatic Correspondent Sidhant Sibal, Ambassador Masud lauded India's Vaccine diplomacy, saying, "India has made available not only to Bangladesh but also to other Neighbours, as part of the Neighbourhood first policy of India and we are deeply appreciative of this."
- India earlier this month gifted 2 million COVID-19 vaccines to Bangladesh. From 20 January 2021 onwards, New Delhi has gifted over 55 lakh doses of vaccines to its 9 countries part of its neighbourhood and extended neighbourhood.
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23547. Mexico to import AstraZeneca vaccine from India, president says
- Mexico plans to import about 870,000 doses of AstraZeneca's Covid-19 vaccine from India in February, as well as producing it locally, President Andres Manuel Lopez Obrador said .
- Mexico and Argentina have a deal with AstraZeneca to produce its vaccine for distribution in Latin America,.
- Mexico has secured enough vaccines to cover 20% of its 126 million people through COVAX, led by the GAVI vaccines alliance and the World Health Organization to promote equitable access.
23548. Covid vaccination drive kicks off in Sri Lanka with 'Made in India' vaccines
- The coronavirus vaccination drive began at the Army Hospital in Narahenpita as frontline workers fighting the pandemic were vaccinated with the 'Made in India' Covishield vaccines
- The coronavirus vaccination drive kicked off in Sri Lanka today, a day after India gifted 500,000 doses of the Covishield vaccine to the island nation.
- The drive began at the Army Hospital in Narahenpita as frontline workers fighting the novel coronavirus were vaccinated with the 'Made in India' Covishield vaccines.
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23549. India To Supply 10 Million Doses Of Coronavirus Vaccine To Africa, 1 Million To UN Health Workers: MEA
- India to supply 10 million doses of coronavirus vaccine to Africa, 1 million to UN health workers: MEA
- "From 20th January 2021 onward, we have gifted over 55 lakh doses of coronavirus vaccines to our neighbouring countries and in the extended neighbourhood--1.5 lakh to Bhutan, 1 lakh to Maldives, Mauritius and Bahrain, 10 lakhs to Nepal, 20 lakhs to Bangladesh, 15 lakhs to Myanmar, 50,000 to Seychelles, 5 lakh to Sri Lanka. In the coming days, We plan to gift further quantity to Oman that is of 1 lakh doses, 5 lakh doses to CARICOM countries. 2 lakh to Nicaragua, 2 lakh doses to the Pacific island state,"
- Srivastava said New Delhi plans to supply 1 crore or 10 million vaccine doses to Africa and 10 lakh to United Nations health workers under GAVI's (Global Alliance for Vaccines and Immunisation) COVAX facility.
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23550. India sends 6 lakh Covid vaccine doses to Sri Lanka and Bahrain
- India plans to gift Oman (100,000 doses), CARICOM countries (500,000 doses), Nicaragua (200,000 doses) and Pacific Island states (200,000 doses) in the next few days.
- India rolled out 600,000 doses of Covid-19 vaccines as grant assistance for Sri Lanka and Bahrain under its “Vaccine Maitri” initiative on Thursday, a day after Nepal and Myanmar launched their inoculation drives with made-in-India doses.
- Bahrain marked the first such aid to a country in West Asia, which India sees as part of its extended neighbourhood. Bahrain is home to 350,000 Indians, the largest expatriate community, and New Delhi had facilitated the travel of Indian medical professionals to Manama last year to cope with the pandemic.
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