Investors rushed to pick shares of Natco Pharma on the BSE on Monday as the firm sought Central Drugs Standard Control Organization's (CDSCO's) for approval of Phase-III clinical trial of Molnupiravir Capsules for the treatment of Covid-19 positive patients. At 11:30 am, shares of the pharmaceutical firm were ruling 5 per cent higher on the BSE, at Rs 923 apiece, as against a 1.4 per cent rise in the benchmark S&P BSE Sensex. In the intra-day deals, the shares surged 7.5 per cent to Rs 944 per share on the BSE.

The SP Group has filed a review petition before the Supreme Court challenging the court’s March 26 verdict, in which it had ruled in favour of the Tata group. The SP group and the Tata group were locked in a bitter dispute after SP group scion, Cyrus Mistry, was removed by the Tata Sons board as its chairman. A Bench led by former Chief Justice of India S A Bobde had ruled that Mistry's removal was in sync with the law and SP group, a minority shareholder in Tata Sons, could not seek a board seat.

The raw material urgently required for the Indian manufacture of Covishield vaccine will immediately be made available to India, the White House said on Sunday local time.

According to a readout from The White House, Sullivan affirmed America's solidarity with India, the two countries with the greatest number of COVID-19 cases in the world.

In a one-sided encounter, Virat Kohli-led Royal Challengers Bangalore faced a crushing 69-run defeat against Chennai Super Kings in their Indian Premier League (IPL) 2021 clash at the Wankhede Stadium, Mumbai on Sunday. The RCB skipper was also fined Rs 12 lakh for maintaing a slow over rate in the match.

It is to be noted that this was the first time that Kohli has faced action under the IPL’s Code of Conduct relating to minimum over-rate offences.

The power battle in West Bengal has reached its penultimate stage as polling for the seventh phase of the state assembly elections is going to be held today, i.e. April 26. In Phase-VII, 34 assembly constituencies spread across five districts will go to polls.

Of the 34 constituencies, 9 assembly constituencies each are in Murshidabad and West Burdwan, 6 each in South Dinajpur and Malda and 4 in Kolkata.

India reported yet another grim milestone of highest number of daily new Covid-19 cases and deaths. A total of 3,46,786 Covid cases were recorded in the last 24 hours, and 2,624 deaths, the highest single-day deaths so far in the country, according to health ministry's reports on Saturday.

The active cases in India stood 1,89,544 on Saturday.

The first case of coronavirus has been reported from Mount Everest, the world's tallest mountain. Norwegian climber Erlend Ness was tested positive for the coronavirus and was evacuated by helicopter from the Mount Everest base camp to Kathmandu, reported The Hill.

A Sherpa -- a member of a Tibetan ethnic group native to the Himalayas -- working in his party also tested positive for the virus. Initially, it was believed that Ness had pulmonary edema, a condition where the air sacs in the lungs fill with fluid that is often associated with altitude sickness.

As dead bodies pile up at the capital’s crematoriums, with hundreds dying every day, fear of Covid pandemic has engulfed Delhi residents like never before. A recent survey conducted across the capital shows, nearly 7 out of 10 Delhi residents are now in favour of remaining locked inside their homes as thousands of Covid patients choke the capital’s healthcare infrastructure.

The survey conducted by LocalCircles in all the 11 districts of the city reflects the change in opinion among Delhiites of late.

A senior US State Department official has said that the Biden administration's first obligation is to take care of the requirements of the American people. This statement comes at a time when the United States has restricted the export of key raw materials for the manufacture of the COVID-19 vaccines.

State Department spokesperson Ned Price said, The United States first and foremost is engaged in an ambitious and effective and, so far, successful effort to vaccinate the American people.

Justice Nuthalapati Venkata Ramana on Saturday took over as the Chief Justice of the Supreme Court of India. He is now the 48th Chief Justice of India (CJI) and succeeded the post after Justice Sharad Arvind Bobde.

President Ram Nath Kovind administered the oath of office to Justice Ramana in the presence of Prime Minister Narendra Modi, Vice President M Venkaiah Naidu and many other dignitaries at the Rashtrapati Bhawan.

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