Date Time
Provisional driver returns 0.202 reading after crash with child in car at Kempsey
A provisional driver has been charged after he was allegedly caught drink-driving with a child in the car, following a crash on the state’s Mid North Coast today.
About 9.30am (Sunday 17 January 2021), officers from Mid North Coast Highway Patrol were called to Smith Street, Kempsey, after reports of a crash.
Police have been told a Nissan Pulsar allegedly crashed into the back of a Nissan Murano, while attempting to exit a petrol station, causing minor damage to both vehicles.
A nine-year-old boy in the Pulsar and the four occupants of the Murano were uninjured.
The Shell Petroleum Development Company of Nigeria (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas for a consideration of $533m.
Brazilian researchers first said Sinovac’s COVID-19 vaccine, CoronaVac, was 78% effective in a local phase 3 trial. But then, a few days ago, they released new data of just 50.4% efficacy. The gap was caused by the omission of “very mild” infections in the previous data. The misstep led to criticism of the trial organization, Brazil’s Butantan biomedical center, as well as suspicion about CoronaVac’s true efficacy. Turkey just authorized the shot for emergency use based on a reported 91.25% efficacy in an interim analysis of its local trial.
Celltrion’s anti-coronavirus antibody helped patients with mild-to-moderate COVID-19 in a phase 2/3 clinical trial. Top-line data from 327 subjects showed CT-P59 cut the risk of progression to severe disease by 54%, shortened time to clinical recovery and reduced viral load. The Korean company has filed for conditional marketing authorization in its home country and aims for U.S. and European go-aheads in the coming months.
Synopsis
The investors are also expected to broach sensitive topics such as flipping of Indian origin companies to foreign jurisdictions to get easier access to capital.
ETtech
Around 40-45 global as well as domestic investors are expected to present a list of key demands to the government in two separate closed-door sessions as part of Prarambh, a Startup India initiative.
These include enabling financial institutions such as the Life Insurance Corporation of India (LIC) and the National Pension Scheme (NPS) to back venture capital funds and giving a 10-year visibility on taxation rules.
ET has learnt that funds including KKR, Blackstone, Accel, Lightspeed, Sequoia Capital, Fairfax, True North, Multiples, Saama Capital and 3one4 Capital will present their recommendations in meetings attended by Union Minister of Commerce and Industry Piyush Goyal along with senior officials from the Securities and Exchange Board of India, Reserve Bank of India, Insurance Regulatory and Developm