Serum Institute of India

A consortium led by Lakshmi Mittal, Aditya Mittal, and Adar Poonawalla has acquired the IPL franchise Rajasthan Royals and its sister entities for approximately $1.65 billion. The deal, expected to conclude in Q3 2026, will see the Mittal family hold a majority stake. This acquisition follows a previous attempt by a Kal Somani-led consortium that faced funding and regulatory hurdles.

Despite significant annual allocations for India's National Immunisation Programme, a substantial portion of funds remains unspent, raising concerns about implementation efficiency. While vaccine coverage has improved, RTI data reveals consistent spending shortfalls, highlighting a need for better fund utilization and accountability in this crucial public health initiative.

Raja Ravi Varma's 'Krishna and Yashoda' fetched a record ₹167.2 crore at auction, acquired by Cyrus Poonawalla. This masterpiece, depicting a tender mother-son moment, is celebrated for humanizing Indian deities and blending Western techniques with Indian themes. Declared a national treasure, it will be displayed publicly, making Varma's art accessible.

Raja Ravi Varma's 'Yashoda and Krishna' achieved a record-breaking ₹167.2 crore at auction, acquired by vaccine magnate Cyrus S. Poonawalla. This 1890s masterpiece, depicting a mythological scene with realistic European oil techniques, surpassed previous records for Indian art. Poonawalla plans to make the national treasure accessible for public viewing.

Industrialist Cyrus S Poonawalla has set a new record for modern Indian art, acquiring Raja Ravi Varma's 'Yashoda and Krishna' for Rs 167.2 crore. This landmark sale, which more than doubled its estimate, highlights the enduring cultural significance of Varma's work. Poonawalla plans to make the national treasure available for public viewing.

The BJP received over 91% of declared donations above Rs 20,000 by national parties in FY25, totaling Rs 6,074 crore. Overall political funding surged 161% to Rs 6,648 crore, with corporate donations dominating. The BJP's collections alone jumped 171% from the previous fiscal year.

A consortium including Aditya Birla Group, The Times of India, Bolt Ventures, and Blackstone has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion. This landmark deal encompasses both the men's and women's IPL and WPL franchises from United Spirits. Aryaman Vikram Birla will chair the team, with Satyan Gajwani as vice-chairman, following the 2026 IPL season.

The government may decide on allowing serum institute of india’s (SII) Covovax as a heterologous booster dose, meaning it can be used for people who have taken either Covishield or Covaxin for primary vaccination against Covid-19. Sources said a meeting of the subject expert committee is scheduled on Wednesday to deliberate on the issue.

Five people were killed in a fire that broke out at Terminal 1 gate of serum institute of india in Pune on Thursday. serum institute of india CEO Adar Poonawala offered his condolences on the incident. "The five people who died, were perhaps the workers at the under-construction building. The cause of the fire is yet to be ascertained," said Pune Mayor Murlidhar Mohol.

Soon after getting a go ahead for human trials of the intra-nasal vaccine against H1N1, the serum institute of india (SII) has received permission from the Drug Controller General of India (DCGI) to conduct human trials of its intra-muscular vaccine.

PM Modi will on Saturday visit the Pune-based serum institute of india (SII), which has partnered with global pharma giant AstraZeneca and the Oxford University for Covid-19 vaccine. The Central Drug Standard Control Organisation has granted permission for manufacturing Covid-19 vaccine for the pre-clinical test, examination and analysis to seven firms, including SII.

New Delhi, Dec 3 () Homegrown global leader in vaccines serum institute of india has said the government needs to improve ease of doing business and cut down time required for approvals so that the domestic vaccines industry can be globally competitive.

The first batch of NasoVac, the intra-nasal swine flu vaccine manufactured by the serum institute of india (SII), is carrying an expiry period of August 2010', which has kept some people guessing about its efficacy.

New Delhi, Dec 7 () Homegrown global vaccines major serum institute of india plans to launch at least four products and enter European and US markets in the next three to four years as it seeks to retain number one position.

Vaccine maker serum institute of india is hoping to develop a COVID-19 vaccine by the year-end as it is focusing on a "good and safe" product and is not in a "rush", the company's CEO Adar Poonawalla said on Tuesday. Poonawalla said that by the end of 2020, the SII is hoping to have a Covid vaccine and further discussions will take place once Phase III trails come about.

The WHO has recommended the use of a malaria vaccine developed by the University of Oxford and the serum institute of india (SII). The vaccine, known as R21/Matrix-M, has shown good safety and high efficacy in clinical trials in four countries. The SII expects that the vaccine could be ready for wider roll-out as early as next year, pending additional regulatory approvals.

Pune doctors got the first hand experience on how to administer the intra-nasal swine flu preventive vaccine - Nasovac - from the scientists who developed it at Pune-based serum institute of india.

The World Health Organization on Friday announced it has granted emergency approval to the India-manufactured coronavirus vaccine Covovax. The jab, produced by serum institute of india under licence from the US-based Novavax, will now be distributed as part of global vaccine-sharing system Covax.

serum institute of india on Wednesday announced that it was reducing the price of its Covishield vaccine from Rs 400 to Rs 300 per dose for the states as a "philanthropic gesture". "As a philanthropic gesture on behalf of serum institute of india, I hereby reduce the price to the states from Rs 400 to Rs 300 per dose, effective immediately, SII CEO Adar Poonawalla said on Twitter.

serum institute of india CEO Adar Poonawalla on Wednesday said the company has restarted manufacturing of Covid-19 vaccine Covishield amid rising numbers of cases of the virus infection. He said the company already has six million booster doses of Covovax vaccine available and adults must take the booster shot.

Vaccine major serum institute of india (SII) is all set to start phase 2 and 3 paediatric trials of Covovax on 920 children — 460 each in the 12-17 and 2-11 age groups — from next month. The recombinant nanoparticle protein-based vaccine —NVX-CoV2373 — developed by American biotechnology firm Novavax has been branded as Covovax in India.

serum institute of india's CEO Adar Poonawalla will get 'Y' category security across India by the CRPF, the Union government officials said on Wednesday. The Union government's decision came after director, government and regulatory affairs at Pune-based serum institute of india (SII), Prakash Kumar Singh had written to Union home minister Amit Shah on April 16 requesting security for Poonawalla.

The Bombay high court on Monday said content posted by two individuals and their organisations against vaccine manufacturing major serum institute of india (SII) was "prima facie defamatory" and directed them to delete it. A single bench of Justice R I Chagla also temporarily restrained them from posting any content against the company.