AstraZeneca Acknowledges Blood Clot Risks from Covishield, Faces Lawsuit in UK
British pharmaceutical giant AstraZeneca has acknowledged that its COVID-19 vaccines could cause blood clots in extremely rare cases. This admission follows the reporting of over 50 such cases in the UK, involving individuals who had received jabs manufactured by the Serum Institute of India.
Rahul Gandhi Files Nomination for 2024 Lok Sabha Elections
Congress leader Rahul Gandhi has submitted his nomination papers for the 2024 Lok Sabha elections from Uttar Pradesh’s Raebareli constituency. The constituency will go to polls during the fifth phase of the general elections on May 20.
Ola Cabs CEO Resigns, Company to Lay Off 10% of Staff
Ola Cabs CEO Hemant Bakshi has stepped down less than a year after joining the ride-hailing company. The company also plans to lay off approximately 10% of its workforce in preparation for its upcoming IPO.
Alphabet Lays Off Entire Python Team
Alphabet, the parent company of Google, has laid off around 200 employees from its ‘core team’ while relocating some positions overseas as part of a cost-cutting restructuring process. A significant number of roles were eliminated from the engineering team based in California.
Adani Ports Reports Surge in Quarterly Net Profit
Adani Ports and Special Economic Zone, India’s largest ports operator, has reported a substantial 76.2% increase in its consolidated net profit, amounting to 2,040 crore for the quarter ending March 2024. This represents a significant growth compared to the previous year’s profit of 1,158 crore.
FirstCry Refiles IPO Papers, Reveals Key Financials
Kids retailer FirstCry has refiled its draft red herring prospectus with SEBI, providing additional details regarding its key performance indicators and financial performance up to December 2023. The size of the initial public offering remains unchanged, with the Pune-based company aiming to raise $500 million.
Karnataka Chief Minister Criticizes Government’s Handling of Prajwal Revanna Case
Karnataka Chief Minister Siddaramaiah has strongly criticized the Central government’s perceived protection of JD(S) MP Prajwal Revanna amidst allegations of sexual abuse. This follows the Ministry of External Affairs’ clarification that the accused had recently traveled to Germany on a diplomatic passport.
Comedian Shyam Rangeela to Challenge PM Modi in Varanasi
Shyam Rangeela, a 29-year-old comedian known for his impersonations of Prime Minister Narendra Modi, will contest as an independent candidate against the PM in Varanasi during the upcoming Lok Sabha elections.
US President Biden Blames ‘Xenophobia’ for Economic Troubles in China and India
US President Joe Biden has suggested that ‘xenophobia’ in countries like China and India is hindering their economic growth. He made these remarks at a Washington fundraising event for his 2024 re-election campaign, arguing that migration has had a positive impact on the US economy.
