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COVID-19 survivors are twice as likely to get re-infected, are urged to get vaccinated
science

COVID-19 survivors are twice as likely to get re-infected, are urged to get vaccinated

Vaccinated survivors can make antibodies that can recognize all kinds of variants even if you were never exposed to the variant.

GSK exits HUL, offloads 5.7% stake for Rs 25,480 cr in largest block trade ever carried out in Indian equity market
Business

GSK exits HUL, offloads 5.7% stake for Rs 25,480 cr in largest block trade ever carried out in Indian equity market

On 1 April 2020, GSK had announced the completion of its divestment of its popular healthcare drink brand Horlicks and other consumer healthcare nutrition products in India to Unilever.

HUL board to meet on 1 April to declare merger with GSKCH; stock down 1.27%
Business

HUL board to meet on 1 April to declare merger with GSKCH; stock down 1.27%

Under the deal, Unilever's Indian arm, HUL is acquiring GSKCH India via an all-equity merger, valuing the total business of the latter at Rs 31,700 crore.

Energy shot for HUL: Will buyout of GSK's Horlicks, Boost brands work wonders for the consumer giant?
Business

Energy shot for HUL: Will buyout of GSK's Horlicks, Boost brands work wonders for the consumer giant?

At first glance, this deal looks expensive from the point of view of HUL, but the acquisition of Boost, Viva and Maltova would significantly boost its foods and refreshment business, going forward.

Unilever emerges as leading bidder in tight contest for GlaxoSmithKline's Horlicks nutrition business
Business

Unilever emerges as leading bidder in tight contest for GlaxoSmithKline's Horlicks nutrition business

GSK’s assets, which include the popular malt-based drinks Horlicks and Boost, is likely to fetch less than $4 billion, said people close the deal

GSK seeks mid-September bids for $4 billion Indian Horlicks unit, say sources
Business

GSK seeks mid-September bids for $4 billion Indian Horlicks unit, say sources

GSK started a strategic review of Horlicks - a malt-based drink brand popular in India – and some smaller products, after buying Novartis out of their consumer healthcare venture for $13 billion in March.

Automakers will invest in charging sites in Germany to increase demand for electric cars
Auto

Automakers will invest in charging sites in Germany to increase demand for electric cars

Top carmakers in Germany have agreed to jointly invest in thousands of ultra-fast charging sites across Europe to boost mainstream acceptance of electric cars, the companies said.

Samsung ready for best quarter in more than 2 years after smartphone boost
News & Analysis

Samsung ready for best quarter in more than 2 years after smartphone boost

Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust sales of its flagship Galaxy S7 smartphones.