Tag: approves

The government on Tuesday allowed people above 45 years to get vaccinated against coronavirus from April 1."It has been decided that from April 1, the (COVID-19) vaccine will open for everybody above 45 years of age. We request that all those eligible should immediately register and get vaccinated," Javadekar said. Until now, apart from those aged above 60, only those with co-morbidities and aged above 45 can get vaccinated. Javadekar, while briefing the press following the Union Cabinet meeting, added that scientists have found that the second dose of the Covishield vaccine can be taken up to eight weeks after the first dose, as opposed to the initial recommendation of up to six weeks.

Shares of Hindustan Aeronautics Limited gained 13 per cent to Rs.1043.45 today after the government approved Rs 48,000-crore deal to acquire 83 Tejas aircraft from the company. The cabinet approved procurement of 73 Tejas Mk-1A fighter aircraft and 10 Tejas Mk-1 trainer aircraft. Madhavan, chairman and managing director of the HAL, said the production rate of Tejas is being augmented from eight to 16 aircraft per year through the creation of a new infrastructure in Bengaluru."He said according to estimates the Tejas programme will generate direct employment to 5,000 people across the country. The LCA-Tejas is going to be the backbone of the IAF fighter fleet in years to come," Singh said. "The indigenous content of LCA-Tejas is 50 per cent in Mk1A variant which will be enhanced to 60 per cent," he said. It will act as a catalyst for transforming the Indian Aerospace manufacturing ecosystem. All three analysts tracking the company recommend a ‘buy’ rating.