India will get a share of the 16 million doses of the Covid-19 vaccines that US President Joe Biden is earmarking for Asia in the latest donations to COVAX, the international outfit for jab distribution to developing countries, according to the White House.

The White House did not say exactly how many will go to India when it made the announcement on Monday about the latest donation of 55 million vaccine doses.

Pharma major Sun Pharmaceutical Industries Ltd. on Tuesday said it along with one of its subsidiaries have reached an agreement with Celgene Corporation (Celgene) to resolve a patent litigation.

In a statement Sun Pharma said it along with its subsidiary has agreed with Celgene Corporation-a wholly-owned subsidiary of Bristol Myers Squibb, to resolve the patent litigation regarding submission of an Abbreviated New Drug Application (ANDA) for a generic version of Revlimid (lenalidomide capsules) in the US.

NEW DELHI (Reuters) -India proposed banning flash sales on e-commerce websites and said on Monday their affiliate entities should not be listed as sellers on their platforms, in a proposed tightening of rules that could hit Amazon and Walmart's Flipkart.

The Ministry of Consumer Affairs' rules, which were released in a government statement, come amid complaints by brick-and-mortar retailers that foreign e-commerce players bypass Indian laws by using complex business structures.

The seeds of a company’s downfall, it is often said in the business world, are sown when everything is going great.

It is hard to argue that things aren’t going great for Google. Revenue and profits are charting new highs every three months. Google’s parent company, Alphabet, is worth $1.6 trillion. Google has rooted itself deeper and deeper into the lives of everyday Americans.

The overall global Covid-19 caseload has topped 178.4 million, while the deaths have surged to more than 3.86 million, according to the Johns Hopkins University.

In its latest update on Monday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 178,424,674 and 3,864,442, respectively.

Shares of Adani Ports and Special Economic Zone (APSEZ) were up 3 per cent at Rs 714 on the BSE in intra-day on Monday, rising 10 per cent in the past two trading days, after the promoter bought nearly 2 million shares of the company via the open market.

On June 17, 2021, Infinite Trade and Investment Ltd, the promoter group of the company, purchased 1.93 million shares, representing a 0.09 per cent stake, worth Rs 126.81 crore of the company via the open market, according to disclosure made by APSEZ on June 19, 2021.

Hotels have begun services, gyms have reopened and public transport buses and Metro have resumed operations on Monday as the Karnataka government's guidelines further relaxing Covid-19 curbs in 17 districts, including Bengaluru city have come into effect.

The new guidelines popularly called 'unlock 2' have come into effect from 6 AM and will be in force up to 5 AM on July 5.

Fuel retailers spared consumers of further increase in prices by keeping retail rates of petrol and diesel unchanged on Monday.

The price pause came after the rates were raised on Sunday, the tenth increase so far in the month of June.

Uttar Pradesh Chief Minister Yogi Adityanath has assured a Samsung delegation all help in carrying out business activities in the state.

A delegation of Samsung led by CEO Ken Kang (India and South-West Asia) met the Chief Minister on Sunday evening and apprised him of the company's business activities in the state.

Shares of PNB Housing Finance were locked in the lower circuit of 5 per cent at Rs 702.40 on the BSE in Monday's session after the Securities and Exchange Board of India (Sebi) directed the company to halt its proposed Rs 4,000 crore deal with Carlyle group. The market regulator has also directed the company to undertake the valuation of shares by an independent registered valuer as per the provisions of applicable laws.

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