Business
More than ₹1000 cr extent of damage due to fire at Pune plant :Serum CEO.

The Serum Institute of India incurred damage worth over Rs 1000 crore in a fire incident at its Pune facility, the company’s CEO Adar Poonawalla said on Friday, though asserted that the supply of Covishield will not be affected due to the incident.
Addressing media with Maharashtra Chief Minister Uddhav Thackeray, Poonawalla said that no vaccine was being manufactured at the facility where the fire broke out and that incident did not cause damage to the existing stock of Covishield.
“The supply of COVID-19 (vaccine) will not be affected due to the fire. No actual vaccine was being made at that facility. The extent of the damage is more than 1000 crores,” Poonawalla said. “The fire has had no impact on the production of Covishield vaccine and no damage has occurred to the existing stock either.”
Thackeray said that an investigation is underway to determine the cause and other details of the fire. The Chief Minister said that while the firm has taken the responsibility for the victims’ families, the Maharashtra government will provide other help if needed.
“An inquiry is currently being conducted. Until the investigation report comes in, we cannot come to any conclusions,” Thackeray said.
(With ANI inputs)
Business
Lucknow Nagar Nigam to manufacture tiles using construction debris

Lucknow: Lucknow Municipal Corporation is expected to start its long pending project of making interlocking tiles from the construction debris produced in the city. As per civic officials, the project is slated to start by the end of March.
According to LMC officials, construction work of the boundary walls for its upcoming plant near SGPGI has been completed and machines to produce the tiles are being purchased from Ahmedabad. LMC plans to purchase about five such machines with each having a capacity of 20 tonnes to manufacture tiles. The civic body has also estimated to produce about 800-1,000 interlocking tiles by using 100 metric tonne of construction debris.
The construction debris to produce interlocking tiles will be obtained from municipal corporations undergoing projects. LMC will also look to obtain debris from private construction after charging its fee. As per LMC records, more than 800 metric tonne of construction debris is daily produced in Lucknow.
The project will be run on PPP (public-private partnership) model where the company responsible for running and producing the tiles will be given a certain amount of revenue generated to LMC every year. At first, the civic body will use these tiles in its own project and then try to sell its product to several construction material outlets and other concerned government departments like UPPWD and LDA.
LMC environment engineer Pankaj Bhusan said, “We are trying to kickstart the project before Holi. At first, we will produce interlocking bricks and later on we will try to produce tiles and marbles being used in households and flats.
-
Corona12 hours ago
India way ahead of China in Covid-19 vaccine diplomacy battle
-
Gadgets1 day ago
Pre-registration started of PUBG: New State Game launched for Android and ios
-
Home1 day ago
Will foreign spectators be allowed in Olympics 2021? See official version
-
Business1 day ago
Get heavy discounts on these five popular smartphones
-
Entertainment9 hours ago
Prachi Desai returns to share screen with Manoj Bajpayee in a thriller
-
Automobile1 day ago
E-commerce giant Flipkart to deploy 25,000 electric vehicles by 2030
-
Business1 day ago
Dates to rollout 5G internet finalized by Indian government
-
Home2 days ago
After Manoj Tiwary joins TMC former teammate Ashok Dinda joins hands with BJP