-TheCitizen.in ‘The whole process is faceless’ As the managing director of CropData Sachin Suri explained to Microsoft’s news desk last year, the abstract looking artwork behind him is not a painting. “This is actually a spectral analysis satellite image of farms. Each tiny spot, or a geo-spatial tile, is an actual field in Punjab and the different colors denote the stress levels in individual farms.” That frame is the crux of what CropData,...
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Serum Institute’s Rs 600/dose for Covishield in private hospitals is its highest rate the world over -Prabha Raghavan and Anil SASi
-The Indian Express This, despite it being contract-manufactured by Pune’s Serum Institute of India whose CEO Adar Poonawalla had said that the firm was making a profit even at a price of Rs 150 per dose. At Rs 600 per dose, Indians getting inoculated with Covishield at private hospitals from May 1 could end up paying the highest price in the world for this vaccine developed by the University of Oxford and...
More »Concentration of power in India Inc: Regulator reviews seven key sectors -Pranav Mukul and Anil SASi
-The Indian Express Simultaneously, it has started a review of all model concession agreements — the legal contract that forms the basis of the public-private partnership — across four key infrastructure sectors: airports, ports, electricity and railways. AMID the unprecedented concentration of power in at least seven core sectors in corporate India, from pharma and telecom to airports and ports, the Competition Commission of India has launched a set of detailed investigations...
More »Finance Ministry and Niti Aayog had raised red flags before Adani’s clean sweep of six airports -Pranav Mukul and Anil SASi
-The Indian Express This assumes significance given that on August 31 last year, the Adani Group signed another deal to acquire a controlling interest in the country’s second largest airport, in Mumbai — the Airports Authority of India cleared that takeover on January 12. BOTH THE FINANCE Ministry and Niti Aayog had put on record objections regarding the 2019 airport bidding process, which were over-ruled, clearing the way for a clean sweep...
More »India’s economy in 2020: Year of many questions -Anil SASi
-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...
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