By John Miller ZURICH (Reuters) - A World Trade Organization (WTO) council is meeting this week to discuss a proposal by India and South Africa that COVID-19 vaccine patents be suspended to speed up technology transfers to manufacturers with spare production capacity. The idea seems simple, but some experts say it s not so clear cut. Below we lay out the reasons. WHAT S BEING DISCUSSED? In October, India and South Africa proposed suspending provisions of the WTO s Agreement on Trade-Related Aspects of Intellectual Property (IP) Rights, or TRIPS, contending they hinder the COVID-19 fight and curb access to drugs. Some 100 nations have expressed support, as has Doctors Without Borders (MSF) and World Health Organization head Tedros Adhanom Ghebreyesus.
Read more about Bharat Petroleum Corporation Ltd Slips 3.04% on Business Standard. Bharat Petroleum Corporation Ltd has added 9.1% over last one month compared to 11.23% gain in S&P BSE Oil&Gas index and 0.31% rise in the SENSEX
Read more about Praj Ind jumps on bagging HPCL order on Business Standard. Praj Industries gained 1.15% to Rs 184.80 after the company said it secured a breakthrough order from HPCL to set up compressed biogas plant in Uttar Pradesh.
Godrej Industries Ltd notched up volume of 41.18 lakh shares by 14:14 IST on NSE, a 17.46 fold spurt over two-week average daily volume of 2.36 lakh shares
Bharat Petroleum Corporation Ltd, Hathway Cable & Datacom Ltd, Indoco Remedies Ltd, Elgi Equipments Ltd are among the other stocks to see a surge in volumes on NSE today, 09 March 2021.
Godrej Industries Ltd notched up volume of 41.18 lakh shares by 14:14 IST on NSE, a 17.46 fold spurt over two-week average daily volume of 2.36 lakh shares. The stock rose 3.87% to Rs.493.00. Volumes stood at 4.21 lakh shares in the last session.
Bharat Petroleum Corporation Ltd recorded volume of 1903.58 lakh shares by 14:14 IST on NSE, a 16.22 times surge over two-week average daily volume of 117.36 lakh shares. The stock lost 5.57% to Rs.440.70. Volumes stood at 56.75 lakh shares in the last session.
Wipro announced that Appirio, a Wipro company, is helping National Grid transform its business with an omnichannel customer experience by unifying its engagement with 68 million customers across two continents.
Bharat Petroleum Corporation (BPCL) has reportedly launched a block deal today, 8 March 2021 to sell up to 4% of its treasury shares worth Rs 3,700 crore. BPCL has set a floor price of Rs 435 per share for the proposed transaction.
Biocon said the board of Biocon Biologics (BBL) has approved allotment of 1,97,99,305 equity shares at an issue price of Rs. 280.31 per share to Beta Oryx, a wholly owned subsidiary of ADQ (Investor). The subscription money aggregating to about Rs 555 crore have been received by BBL from the investor.