Top headlines: Astra booster works against Omicron; Paym sees senior exits?

Business Standard brings you the top headlines on Thursday

Serum Institute on the up as Oxford study backs Astra booster for Omicron

A third booster shot of the AstraZeneca-Oxford Covid-19 vaccine, Vaxzevria, significantly boosts antibodies against the Omicron variant of the coronavirus, said the British drug company.

This brightens the scope for Serum Institute of India (SII) which makes Covishield, the domestic version of the Vaxzevria. Experts believe mixing vaccine shots may give better results in boosting immunity. Read more

IOC to invest Rs 9,028 crore for setting up a new crude oil pipeline

Indian Oil Corporation (IOC) will set up a new crude oil pipeline