Daily buzz @ 24 June, 2020 Hetero’s generic version of remdesivir to cost COVID-19 patients less than ₹5400


India @ 472,985 and death toll touched 14,907


Hetero’s generic version of remdesivir to cost COVID-19 patients less than 5400:

India’s Hetero Labs Ltd has priced its generic version of remdesivir, Gilead’s experimental COVID-19 drug, at ₹5,400 ($71) per 100-milligram vial, the drugmaker said on Wednesday, as it prepares to ship them to hospitals in the country.

The privately held company said it would supply 20,000 vials of the drug. Fellow Indian drug firm Cipla Ltd had said on Tuesday that its own version of the antiviral drug remdesivir would be priced below ₹5,000.

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Indian Railways may not resume its normal operations till mid-August. Here’s why:

The Railways on Tuesday announced to cancel all train tickets booked for regular passenger trains on or prior to April 14. According to the reservation rules of Indian Railways, passengers who are willing to travel in the can book a ticket up to 120 days in advance for all classes and all trains. The period of advance reservation (ARP) is exclusive of the day of departure of the train

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Fashion e-tailerMyntra sells 10 million products in four-day online sale:

Around 3.5 million customers bought 10 million products during fashion e-tailerMyntra’s recent four-day online sale, in the first big e-commerce sale event this year.The Flipkart-owned firm’s ‘End Of Reason Sale’, that was held between 19-23 June, saw shoppers across the country place about 4 million orders, across multiple categories on the online platform.

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Military commanders from both India and China reach consensus to disengage:

Senior military commanders from India and China arrived at a “mutual consensus to disengage” their forces standing head-to-head in Ladakh, after talks that went late into the night on Monday, a person familiar with the matter said on Tuesday.

The consensus came amid signs that New Delhi has remained firm in its demand that Chinese forces back off from an intrusion that is potentially far more serious than the Galwan Valley encroachments that led to violent clashes on 15 June. These encroachments are along PangongTso.

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Ex-Googler becomes China’s second-richest person:

A former Google employee was briefly ranked the second richest person in China, following a surge in sales at his e-commerce business, Pinduoduo.Colin Huang was valued at $45.4bn (£36.4bn) by Forbes, on Sunday, ahead of Alibaba’s Jack Ma but behind Tencent’s Pony Ma.Mr Huang was previously an intern at Microsoft and then spent three years as an engineer at Google.

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Boycott China’ movement may hit sports business:‘

The border dispute between India and China at the Galwan valley that saw the death of 20 Indian soldiers gave rise to ‘Boycott China’ movement. While the Chinese products are deep into Indian market, the sports industry too is one of the biggest consumers.

More than half of the sports industry goods like badminton rackets, shuttlecocks, gym equipment, table tennis balls and other sports wear are being imported from China. Rio Olympics silver medallist and World Champion PV Sindhuhas signed a four-year deal worth 50-crore with Chinese badminton racket company Li-Ning. Another shuttlerKidambiSrikanth too inked a 35-crore deal with the same company. Li-Ning is also currently Indian contingent’s official apparel partner till the 2020 Olympics in Tokyo Olympics.

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Telangana Govt issues orders for payment of salaries, pensions in full:

The State government on Wednesday issued orders to restore payment of salaries, pensions and all other remunerations in full from the month of June (payable in July, 2020) onwards. Orders will be issued for payment of arrears, following deferment of salaries, pensions and other remunerations for the months of March, April and May.

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Mild, asymptomatic cases can avail services of corporate hospitals:

Almost all major corporate hospitals here have either announced or planning Covid-19 homecare packages meant to provide support to Covid-19 positive patients who have been advised home isolation by their clinicians.

Yashoda Hospitals is offering a 15 day home care package for Rs 19,500 per patient while Care Hospitals is offering a 17 day home isolation package for Rs 7,999. The Continental Hospitals, depending on the number of days to be isolation, is offering package from Rs.3, 500 to Rs. 8,000 per patient.

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Andhra Pradesh’s COVID-19 tally crosses 10,000 mark:

Andhra Pradesh on Wednesday crossed the 10,000-mark in coronavirus cases with 497 more people testing positive in the last 24 hours.While it took close to three months from March for the first 5,000 Covid-19 cases to emerge in the state, the second 5,000 came in just 15 days.In the last 24 hours, 497 new cases were reported taking the tally of infections to 10,331 in the state, while 146 patients were discharged from hospitals.

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