Shares of Aurobindo Pharma gained 4 per cent to Rs 1,003.75 on the BSE in the intra-day deal on Friday after the drug firm announced transfer of business undertaking comprised in Unit·4, on a going concern basis, to Eugia Pharma Specialities, a wholly owned subsidiary of the company. The transfer of the business undertaking will be done for a lumpsum consideration of Rs 876 crore.

Shares of Nucleus Software Exports hit an all-time high of Rs 765.35 after rallying 9 per cent on the BSE in intra-day deal on Friday in an otherwise range-bound market on the back of heavy volumes. The stock surpassed its previous high of Rs 765.35, touched on October 7, 2020. The trading volumes on the counter jumped nearly three-fold with a combined 933,000 shares changing hands on the NSE and BSE. In comparison, the S&P BSE Sensex was down 0.07 per cent at 52,284 points, at 10:04 am.

State-run NTPC has plans to list its arm NTPC Renewable Energy Ltd in 2022-23, to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032, which entails a total investment of Rs 2.5 lakh crore, a source said.

The source, however, did not disclose the quantum of money to be raised through the initial public offering (IPO) of the NTPC Renewable Energy but said that the equity component of the firm would be around Rs 50,000 crore and rest of the requirement would be met through long-term loans, debentures, bonds and other such modes.

The trial run of the coronavirus vaccine for children is underway in India. If the results are in favour, then vaccination of children might start from September-October, AIIMS Delhi Director Dr Randeep Guleria has said.

In an interview with news agency ANI, Dr Guleria said that Bharat Biotech and other companies are doing trials at a very fast pace and hoped that data will lead to approvals so that there is a vaccine for children in the country by September-October.

As Telangana lifts COVID-19 restrictions and reopens classes for educational institutes, universities in Hyderabad have stepped up the vaccination of students, non-teaching staff and faculty.

Colleges are gearing up to welcome students back to classrooms after several months of online classes and vaccination drives have been initiated to sure the safest environment for all those present on campuses.

The Delta variant, identified for the first time in India, could account for 90 percent of new Covid cases in the EU in the coming months, the bloc's disease control agency said Wednesday, news agency AFP reported.

It is very likely that the Delta variant will circulate extensively during the summer, particularly among younger individuals that are not targeted for vaccination, Andrea Ammon, director of the European Centre for Disease Prevention and Control (ECDC), said in a statement.

West Bengal chief minister Mamata Banerjee on Wednesday said bypolls, due in six assembly seats of the state, can be held within seven days since the COVID-19 situation is under control.

She went on to allege that the Election Commission of India is waiting for Prime Minister Narendra Modi's nod to hold the bye-elections.

The World Health Organization (WHO) has raised concerns over a manufacturing plant responsible for filling the vials with the Sputnik V COVID-19 vaccine.

In a statement, Pharmstandard-UfaVITA, a leading pharmaceutical company in Russia, said that the WHO inspectors' attention was focused on only four technical issues mostly related to one of the filling lines, which have all been subsequently fully addressed.

The US government continues to recommend coronavirus vaccinations for everyone 12 years of age and older, albeit with a new warning to watch for symptoms of an enlarged heart reported by a fraction of people receiving the Pfizer or Moderna inoculation, the Centers For Disease Control and Prevention said.

The known and potential benefits of COVID-19 vaccination outweigh the known and potential risks, including the possible risk of myocarditis or pericarditis [enlarged heart]. Also, most patients with myocarditis and pericarditis who received care responded well to treatment and rest and quickly felt better, the CDC said in a press release on Wednesday.

Brazil has reported a record daily high of 115,228 new COVID-19 cases on Wednesday, taking the national tally to 18,169,881, the Ministry of Health said.

Some 2,392 more people died from the disease in the same period, raising the national death toll to 507,109.Sao Paulo, the most populous state, remains as the country's hardest-hit region, where lockdown restrictions are extended until July 15 due to continuous increase in cases and hospitalizations.

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