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India grants Pfizer patent on pneumonia vaccine in blow to aid group
The decision by India's patent office bars other companies from making cheaper copies of the vaccine and allows Pfizer to exclusively sell it in India until 2026. It's a big victory for the U.S. drugmaker in a market that has the world's largest number of pneumonia cases, a lung disease that kills nearly a million children a year globally.
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- Health Care
- Region
- South Asia
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- vaccines
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Bollywood’s hot new topics: open toilets, menstrual hygiene and erectile dysfunction
This is not about defecation,” says the hero of Toilet: Ek Prem Katha, which translates as Toilet: A Love Story. “It is about our whole way of thinking!” What makes this startling line all the more surprising is that it is delivered by Akshay Kumar, an actor straight out of the Bollywood A-list.
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- Health Care
- Region
- South Asia
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A Woman In India Just Won A Divorce Over A Toilet. Here’s Why That Matters.
The family court hearing this woman’s case found the lack of a toilet cruel because it meant “outraging the modesty of a woman.” The court added, “We spend money on buying tobacco, liquor, and mobile phones, but are unwilling to construct toilets to protect the dignity of our family."
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- Health Care
- Region
- South Asia
- Tags
- SDGs
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Tata Trusts’ FISE to raise $30 mn to fund social startups
The fund claims to be the country’s first-ever technology-focused fund investing in high-impact social enterprises. Called Social Alpha Fund-1, it is the third tier of the Social Alpha stack being built with Tata Trusts and the Foundation for Innovation and Social Entrepreneurship (FISE), said Manoj Kumar, co-founder and chief executive of FISE.
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- Investing
- Region
- South Asia
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Return on Equity for Indian Microfinance Companies to Turn Negative in FY 2018, says Rating Agency
The rating agency expects net interest margins for micro finance companies to decline to 80 to 100 basis points. Operating expenses are also likely to increase due to investments to be made on information technology and collections infrastructure by most players.
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- Uncategorized
- Region
- South Asia
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- microfinance
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How this Social Entrepreneur is Pioneering a Green Revolution
Founder of Geetanjali Envirotech, Raaginii Jaain was disturbed by the amount of waste generated in India and its poor management.
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- Environment
- Region
- South Asia
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Amazon bets big on mobile payment wallet in India
The US e-commerce giant has secured payment wallet license from Reserve Bank of India, struck partnerships with various players for its Amazon Pay.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Fintech firm Payworld focuses on insurance, loans for growth
Payworld, a nine-year old fintech firm, provides digital transaction services like mobile recharge, e-payment, railway reservation and remittances facilities.
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- Technology
- Region
- South Asia
- Tags
- digital payments, fintech, insurance, lending