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Thursday, December 30, 2021

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

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Cars24 and Bajaj Finance partner to provide financing to used car buyers

This move follows a Series G funding round announced in December 2021 where the firm raised $400 million at a $3.3-billion valuation.

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Granules India gets USFDA nod for its generic Amphetamine mixed salts

This is for the treatment of Attention Deficit Hyperactivity Disorder (ADHD) and narcolepsy

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NTPC arm to float global tender to set up Rs 15k-cr 3 GW RE project by Feb

The development assumes significance given India's ambitious target of having 175GW of renewable energy by 2022, including 100GW of solar and 60 GW of wind energy

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EsportsXO raises $1.1 mn in seed round led by Mumbai Angel Network

EsportsXO facilitates opportunities for game publishers and brands to launch custom tournaments for users.

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Wednesday, December 29, 2021

ITC, Invest India join hands to find substitution for single-use plastic

ITC Ltd said it has collaborated with Invest India to crowdsource innovative ideas for single-use plastic substitution and automate waste segregation.

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Apple puts Foxconn factory on probation after food-poisoning incident

Foxconn also accepted that its dormitory facilities did not meet the required standards

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Bajaj Auto sets up Rs 300 crore EV manufacturing facility in Pune

Akurdi is the site of the original Chetak scooter factory that made Bajaj Auto a household name in India

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SJVN set to invest Rs 60,000 crore into Arunachal Pradesh projects

The detailed reports of some of these projects have already been prepared, while some projects are under the survey and investigation stage.

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Deja vu for retail industry; Covid uncertainties may roil recovery in 2022

Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places to curb coronavirus infections even as the industry players are turning 'phygital' to cater to customers. With omnichannel approach gaining currency, technology will remain a key enabler for the retail industry and in 2022, the focus is likely to be on building an agile and sustainable supply chain that provides the convenience of 'phygital' shopping. Concepts like video shopping may become more mainstream and companies will continue to adopt advanced analytics to improve sales and gain granular actionable insights on buyer behaviour. Moreover, with social media and influencer marketing coming to the forefront, creativity and content push, especially with regional languages, will gain more importance. Metro Cash & Carry India MD & CEO Arvind Mediratta said COVID has changed consumer behaviour ...

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Deja vu for retail industry; Covid uncertainties may roil recovery in 2022

Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places to curb coronavirus infections even as the industry players are turning 'phygital' to cater to customers. With omnichannel approach gaining currency, technology will remain a key enabler for the retail industry and in 2022, the focus is likely to be on building an agile and sustainable supply chain that provides the convenience of 'phygital' shopping. Concepts like video shopping may become more mainstream and companies will continue to adopt advanced analytics to improve sales and gain granular actionable insights on buyer behaviour. Moreover, with social media and influencer marketing coming to the forefront, creativity and content push, especially with regional languages, will gain more importance. Metro Cash & Carry India MD & CEO Arvind Mediratta said COVID has changed consumer behaviour ...

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Tuesday, December 28, 2021

GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories such as homecare, beauty and personal care, nutrition and wellness, fashion jewellery, and eyewear i

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Go First, IndiGo announce discounts for travel between Jan 15 and April 15

Go First's is offering fares from Rs 1,022 and IndiGo from Rs 1,122

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Two vaccines, Merck drug cleared for emergency use amid Omicron rise

150 mn doses of Corbevax, Covovax expected monthly from March

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J&K Bank board appoints Baldev Prakash MD & CEO for three years

Jammu & Kashmir Bank on Tuesday said its board of directors has appointed Baldev Prakash as the MD & CEO for three years. The board of directors in the meeting held on December 28 has appointed Baldev Prakash as Managing Director & Chief Executive Officer of the bank for a period of three years, J&K Bank said in a regulatory filing. His appointment will be effective from the actual date of his taking charge, the bank said. The board also appointed R K Chhibber as an additional director on the board of the bank to be effective from the date Baldev Prakash takes charge as MD&CEO of the bank, it said further. In October this year, the RBI had approved the appointment of Prakash as the next MD&CEO of J&K Bank. His appointment was slated from the date of taking charge or April 10, 2022, whichever earlier. Prakash has over 30 years of experience in banking in various roles at small and large size branches at SBI. He had joined SBI as a probationary officer in ...

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RBI extends restrictions on PMC Bank for 3 months till March 2022

The RBI has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process

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TCS successfully tests neural manufacturing solutions on Airtel 5G network

These solutions help manufacturers build smart, cognitive factories which mimic resilient and adaptive behaviors.

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ITC commissions first off-site solar plant in Tamil Nadu at Rs 76 cr

: Diversified business conglomerate ITC Limited has commissioned its first off-site solar plant in Tamil Nadu set up at an investment of Rs 76 crore, the company said on Tuesday.

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Monday, December 27, 2021

Bharti Airtel, TCS partner for 5G-based remote robotic operations

Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources. Both the companies are currently running the trials in Airtel's 5G lab at Manesar, Haryana. "Indian companies are looking to adopt indigenously developed technology for 5G. Airtel and TCS have joined hands for remote robotics operations using 5G. They have successfully conducted trials in Airtel's 5G lab, a source told PTI. These solutions will enable remote robotic operations in potentially hazardous environments like mining, oil & gas fields etc, the source said. Both the companies have interest in deploying these solutions in industrial segments, once the commercial roll out of 5G starts, the source noted. When contacted, TCS declined to comment as they are going through a silent period and an email query sent to Bharti Airtel did not elicit any reply. In June, Airtel and TCS announced a strategic ...

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Walmart sued over 'improper' disposal of e-waste, hazardous items

Walmart has been sued by the California Attorney General and 12 state district attorneys, over its alleged improper disposal of electronic and hazardous waste, compromising local landfills

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Grabhouse and Pankhuri founder Pankhuri Shrivastava passes away at 32

Serial entrepreneur Pankhuri Shrivastava, founder of a women-focused social community platform called iPankhurii and startup Grabhouse passed away on December 24 at the age of 32

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Oil India to set up green hydrogen plant at its oilfield in Assam's Jorhat

Hydrogen being the cleanest form of energy is the latest focus area across the globe to satiate the rising energy needs

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Google files writ in Karnataka HC against CCI's probe into Play Store rules

CCI has been probing charges of Google's allegedly heavy commission on app developers for in-app purchases and paid apps

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Capillary Technologies files draft papers to raise Rs 850 cr via IPO

The company offers artificial intelligence-based cloud-native Software-as-a Solution products and solutions to develop loyalty of consumers and channel partners

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Adani Group nears first coal shipment from shunned Australian mine

Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push

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Sunday, December 26, 2021

Foxconn India plant shut for 3 more days after week-long closure: Report

CHENNAI (Reuters) -Apple supplier Foxconn's plant near Chennai in India will stay shut for three more days, a senior government official said, extending a week-long closure following workers' protests sparked by a food poisoning incident.

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Airtel Payments Bank surpasses 1 billion transactions mark in Q2

Airtel Payments Bank crossed one billion transactions volume milestone on its platform during September quarter 2021-22, according to sources

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Sustaining ops, biz health biggest issues for auto firms in 2022: MG Motor

The biggest challenge in 2022 for the automobile industry will be to sustain business operations and ensure financial health amid various challenges, including global semiconductor shortage, according to a top MG Motor India official. Currently, the domestic market is witnessing increased demand, but it is also impacted by the global semiconductor shortage, which has hit production activities. "The new normal has set unique challenges for the industry. The biggest challenge is to sustain business operations and ensure the financial health of the organisation and its stakeholders. With the industry having exhibited resilience over the last two years, we are looking towards 2022 with cautious optimism," MG Motor India President & Managing Director Rajeev Chaba stated. The situation will remain fluidic in 2022 due to unpredictable factors COVID-19, global semiconductor shortage, freight cost and multiple other cost implications, he added. Chaba noted that the company is committed to

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India Inc raises over Rs 9-trn through equity, debt issuances in 2021

In 2020, firms raised Rs 11 lakh crore, including Rs 7.91 lakh crore through debt and Rs 2.12 lakh crore through equity

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M-cap of five of top-10 valued companies soars more than Rs 1 trillion

While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards

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Saturday, December 25, 2021

Retrospective tax: Cairn drops lawsuits in US, UK against Indian govt

Last month, Cairn said it has agreed to drop litigations to seize Indian properties in several countries as it has accepted India's offer to settle the tax dispute

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Consider merging private RBL Bank with state-owned lender, says AIBEA

RBL's CEO goes on leave after the RBI appointed Yogesh K Dayal as an additional director of the bank.

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Friday, December 24, 2021

Darwin Platform Infrastructure wins financial bid for Lavasa Corporation

DPIL has proposed a payment plan and schedule that includes upfront payment (Rs 100 crore)

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Adani Group announces annual prize for social enterprise

Starting from 2022, the prize will be awarded to five outstanding social entrepreneurs in India and other developing nations

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Axis Ecorp to invest Rs 100 cr to build housing project in Maharashtra

Realty firm Axis Ecorp will invest Rs 100 crore to develop a 25-acre luxury housing project in Maharashtra.

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Okaya Electric Vehicle launches high-speed e-scooter 'Faast'

Okaya Electric Vehicles on Friday said it has launched high-speed e-scooter Faast at an introductory price of Rs 89,999 (before subsidies) at the EV Expo 21 held at Greater Noida. The company also announced the opening of bookings with an initial payment of Rs 1,999 through the Okaya EV website or at dealerships, it said in a release. Besides, Okaya also showcased its upcoming e-motorcycle Ferrato, which is expected to be launched in the second quarter of FY22. The IoT-enabled e-scooter offers a top speed of 60-70 kmph and a range of 150-200 km per charge, depending on usage. It comes packed with features and specs such as a 4.4 kW lithium phosphate battery, all LED lights, digital instrument cluster, daytime running lights and combi braking system, the company said. Okaya is fully dedicated to realise the vision of making India a 100 per cent EV nation. With the launch of our Okaya Faast, we have showcased our renewed commitment towards bringing innovative, low-cost but ...

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Volvo Eicher Commercial Vehicles sees 69% surge in sales in FY22

The company sold 32,050 units during the first eight months of 2019-20.

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Citicorp Finance reworking business strategy to focus on corporate lending

Banking sources said Citigroup is in an advanced stage to sell its consumer business unit in India.

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Thursday, December 23, 2021

Exposure to formaldehyde at work linked to cognitive problems later

A variety of jobs expose people to formaldehyde, a strong-smelling gas used in manufacturing wood and chemical products, plastics and in other applications. A new study suggests that long-term exposure to formaldehyde during work may be associated with cognitive impairment later on.

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Estimating the strength of selection for new COVID-19 variants

In an effort to make sense of new COVID-19 variants, scientists have developed methods to quantify how much more or less transmissible they are, which could have far-reaching implications for public health in terms of COVID-19 risk and the vaccination levels required to obtain herd immunity.

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ED slaps Rs 80-cr fine on Magma HDI, Sanjay Chamria, Mayank Poddar

The total amount of penalty of Rs 80 crore is to be deposited within 45 days from the date of receipt of this order

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Innovative X-ray imaging shows COVID-19 can cause vascular damage to the heart

Researchers have detected significant changes in the heart muscle tissue of people who died from COVID-19. The study underpins the involvement of the heart in COVID-19 at the microscopic level by imaging and analyzing the affected tissue in the three dimensions.

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FIBAC 2021: India Inc spoilt for choice as funding avenues open up

Panelists at FIBAC say banks lose monopoly of being only source of funding to firms

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Your seat on public transportation determines level of exposure to exhaled droplets, study finds

In a new study, researchers developed a model with an unprecedented level of detail and focused on conditions that are more characteristic of asymptomatic transmission. The multiphysics model involved air and droplet dynamics, heat transfer, evaporation, humidity, and effects of ventilation systems. The researchers modeled various scenarios in close detail and were able to reconstruct their ventilation paths.

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Wednesday, December 22, 2021

How do our organs know when to stop growing?

The smallest fish in the world, the Paedocypris, measures only 7 millimeters. This is nothing compared to the 9 meters of the whale shark. The small fish shares many of the same genes and the same anatomy with the shark, but the dorsal and caudal fins, gills, stomach and heart, are thousands of times smaller! How do organs and tissues of this miniature fish stop growing very quickly, unlike those of their giant cousin? A multidisciplinary team was able to answer this fundamental question by studying its physics and using mathematical equations.

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Solar flare throws light on ancient trade between the Islamic Middle East and the Viking Age

An interdisciplinary Danish team of researchers has used new astronomical knowledge to establish an exact time anchor for the arrival of trade flows from the Middle East in Viking-age Scandinavia. The results are published in the leading international journal Nature.

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IDFC approves Anil Singhvi's appointment as chairman with immediate effect

The board also approved a proposal to seek shareholders' approval, by means of a postal ballot, for the appointment of Anita Belani as an independent director

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For some Greenlanders, eating sugar is healthy

A genetic variation among some Greenlanders makes sugar healthy -- significantly more than for most people. According to a new study, gut bacteria and a unique diet that has nourished Greenlanders for millennia have provided them with a genetic variation that offers an incredible advantage.

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Novel biosensors set to revolutionize brain-controlled robotics

A novel carbon-based biosensor is set to drive new innovations in brain-controlled robotics. The biosensor adheres to the skin of the face and head in order to detect electrical signals being sent by the brain. These signals can be translated into commands to control autonomous robotic systems. The sensor, made of epitaxial graphene grown onto a silicon carbide on silicon substrate, overcomes three major challenges of graphene-based biosensing: corrosion, durability and skin-contact resistance.

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People with IBD have more microplastics in their feces

Microplastics -- tiny pieces of plastic less than 5 mm in length -- are everywhere, from bottled water to food to air. According to recent estimates, people consume tens of thousands of these particles each year, with unknown health consequences. Now, researchers have found that people with inflammatory bowel disease (IBD) have more microplastics in their feces than healthy controls, suggesting that the fragments could be related to the disease process.

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Toxoplasma parasites manipulate brain cells to survive

Researchers have discovered that Toxoplasma parasites lay dormant and undetected inside neurons (brain cells) and muscle cells by releasing proteins that switch off the cells' ability to alert the immune system.

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Foxconn's India subsidiary Bharat FIH files for Rs 5,000-crore IPO

Foxconn's Bharat FIH is India's largest EMS provider to the mobile phone industry, with a 23 per cent market share in FY 2021

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Brain mechanisms involved in learning also drive social conformity

Some of the same brain systems known to play a role in learning from trial and error also are engaged when people conform to social norms, scientists report in a new study. The findings are important, the researchers said, because changing one's behavior to align with one's peers can contribute to community-building or -- depending on the goals and values of the group -- societal breakdown.

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Advent International picks up majority stake in Encora for $1.5 billion

Warburg Pincus, the present majority shareholder, would be minor partner

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Indian telecom companies eye 5G services rollout with better profits

Telecom is a capital-intensive sector requiring continuous technological upgradation

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Validus Wealth plans to grow AUM five times in next three years

The company has crossed the USD 1-billion mark in three years of operations

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Airtel Business, IBM deploy cloud solution for group of milk producer cos

These five large MPCs include Paayas in Rajasthan, Maahi in Gujarat, Shreeja in Andhra Pradesh, Baani in Punjab, and Saahaj in Uttar Pradesh

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Tuesday, December 21, 2021

How regular exercise can protect against fatty liver associated diseases

Exercise not only trains the muscles but can also prevent the development of fatty liver. A new study shows which molecular adaptations, in particular of the liver mitochondria, can be observed in this process.

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Breakthrough infections generate 'super immunity' to COVID-19, study suggests

Breakthrough infections greatly enhance immune response to variants of the virus that causes COVID-19, according to new research. The study is the first to use live SARS-CoV-2 variants to measure cross-neutralization of blood serum from breakthrough cases, portending an eventual 'end game' to the pandemic.

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Mind-controlled robots now one step closer

Researchers teamed up to develop a machine-learning program that can be connected to a human brain and used to command a robot. The program adjusts the robot's movements based on electrical signals from the brain. The hope is that with this invention, tetraplegic patients will be able to carry out more day-to-day activities on their own.

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Greater exposure to nitrogen dioxide linked to higher levels of biomarkers of Alzheimer's disease in the brain

A study has found an association between air pollution and higher levels of deposition of beta-amyloid protein in the brain and of neurofilament light (NfL) in cerebrospinal fluid.

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Vedanta continues its support against the Covid-19 pandemic in Zambia

Vedanta Limited has significant operations across India, South Africa and Namibia

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IT raid on chit fund group finds Rs 250-crore illicit cash transaction

The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business

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Japanese tyre maker Bridgestone rejigs India operations

Japanese tyre major Bridgestone Corporation on Tuesday announced organisational changes in its Indian operations, with Rajarshi Moitra to become Chief Commercial Officer and Sunil Puri appointed as Head of Sustainability.

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Honda Motorcycle starts export of NAVi bike to the US market

Honda Motorcycle & Scooter India (HMSI) on Tuesday said Honda de Mxico has initiated exports of NAVi bike to the US market. HMSI had commenced export of NAVI CKD kits to Mexico in July 2021 and has so far dispatched over 5,000 kits to the country. "The NAVi deliveries to the US market via Honda Mexico has further strengthened our export portfolio in advanced markets, the new expansion has given us an opportunity yet again to set new standards of global manufacturing quality in India," HMSI Managing Director, President and CEO Atsushi Ogata said in a statement. Honda NAVi is a crossover, which combines the advantages of a scooter with the characteristics of a motorcycle. The product that originated from India is garnering a cult following with great success in overseas markets. HMSI started NAVi exports in 2016. Since then, the company has dispatched over 1.8 lakh to 22 diverse export markets led by Asia, Middle East and Latin America.

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Riding on innovation, Old Monk eyes record 10 million sales next year

The company also started the sale of beer brand Old Monk 10000 (American Malt Liquor) in August

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SBI's PE arm hikes climate fund's target 5 times to Rs 2,000 crore

SBICap Ventures has already got commitment from European Investment Bank (EIB) for about Rs 215 crore.

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Canadian fund CDPQ buys 40% in Odisha toll road for Rs 2,100 crore

The deal, which has all the approvals barring an NHAI nod and the customary regulatory approvals, is likely to be completed anytime now

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ITC raises stake in Delectable Technologies to 27.34%

The company's shareholding in Delectable aggregates 27.34 per cent of its share capital on a fully diluted basis

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Monday, December 20, 2021

Wearable biosensors can help people with complex health conditions

Remote monitoring of health-related behavior with wearable sensor technology is feasible for people with complex health conditions, shows a recent study.

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Future Retail's stock surges 20% on CCI order for Amazon

Future Retail's scrip jumped to a high of Rs 57.50 as against the previous close of Rs 47.95 on the National Stock Exchange

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Shriram Finance to enter supply chain lending, trade finance biz

One is discounting invoices on the technology platform as the group is already into small and medium enterprises financing

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Zepto races to $570 mn valuation, says median delivery time is 8:24 min

The company said it has been tripling its user base every month

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Ahead of IPO, CMS Info Systems raises Rs 330 cr from anchor investors

The company has allotted 1.53 crore equity shares to 12 anchor investors at Rs 216 apiece

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Cult.fit acquires RPM Fitness, three other equipment brands

Cult also recently completed a $150 million series F fundraise and had entered the unicorn club

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Small measures can be a big help for children of mothers with depression

Several new studies among Syrian refugee families in Turkey and families with infants in Sweden and Bhutan show that children of mothers in poor mental health risk falling behind in their cognitive development. However, very small changes can suffice to break this correlation and enable the children to return to their normal developmental level. Having plenty of people around them and an available community are two of the most important factors for helping children, in all three countries.

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Adani bags Rs 17,000 crore e-way, country's largest PPP project

Of its 594-km length, AEL will build 464 km from Budaun to Prayagraj, which comprises 80 per cent of the expressway project

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Wear and tear in vulnerable brain areas lead to lesions linked to cognitive decline

As our brains age, small lesions begin to pop up in the bundles of white matter that carry messages between our neurons. The lesions can damage this white matter and lead to cognitive deficits. Now, researchers not only provide an explanation for the location of these lesions but also how they develop in the first place.

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'Shark Tank India': Pitch perfect reality comes to Indian TV

The "sharks" were initially apprehensive about facing the camera, but they were assured that the show would be unscripted

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Saturday, December 18, 2021

M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn

In the top-10 list, Infosys and Wipro were the only gainers.

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Maha: FIR against cooperative bank chairman, others for Rs 229 cr fraud

A few months ago, the board of directors of this bank had been dismissed and an administrator appointed.

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Apple seeks dismissal of India antitrust case, cites tiny apps market share

US tech giant tells Competition Commission of India 'without dominance, there can be no abuse' of market.

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Live news: WHO warns of Omicron's rapid spread, study says WFH will stay

Latest live news: Union Budget 2022 is unlikely to bring any tweaks in the existing income tax rates, Business Standard learns.

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Covid-19: More than 10,000 new Omicron variant cases confirmed in UK

The UK has reported more than 10,000 new Omicron coronavirus variant cases as the new variant-related death toll rose to seven.

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After record year of fundraising, Asia IPOs set to face headwinds in 2022

Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year.

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Friday, December 17, 2021

Bharti Airtel picks up 2.8% stake in software development firm Vahan

Airtel hopes to conclude the transaction by June next year

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New discovery on how omega-3 fatty acids can reduce atherosclerosis

A receptor activated by substances formed from omega-3 fatty acids plays a vital role in preventing inflammation in blood vessels and reducing atherosclerosis, a new study reports. The discovery can pave the way for new strategies for treating and preventing cardiovascular disease using omega-3 fatty acids.

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Shell & EKI Energy Services launch joint venture for carbon credit

A carbon credit is a certificate signifying that one tonne of carbon dioxide emission has been reduced from the atmosphere.

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New study reveals how epithelial cells in the body naturally eliminate 'precancerous' ones

Normal epithelial cells show the ability to push out precancerous ones present in the epithelium, by means of 'cell competition.' But the exact molecular mechanism of this recognition by normal epithelial cells was unknown. Now, researchers have unraveled the interactions and cellular pathways leading to this extrusion, allowing them to identify a candidate for a therapeutic target for future cancer prevention research.

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Bharti Airtel prepays Rs 15,519 crore to clear 2014 spectrum dues

Move to help company save up to Rs 3,400 crore in interest expenses

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The origin of neuronal diversity

With a new method researchers can investigate the developmental relationships of cells in the brain.

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Meta disables seven spy companies, including India's BellTroX

Firm is sending alerts to almost 50,000 individuals in over 100 countries

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Domestic airlines see 18% growth in November, shows DGCA data

Traffic growth was led by increase in flights and increase in seat occupancy due to increased travel demand during Diwali and Chhath Puja

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Thursday, December 16, 2021

Mohalla Tech's valuation crosses $3.7 billion after it raises $266 million

Since Jan 2021, the company has grown to over 2000 employees and added several new features as it focuses on building its products to be the leader in the Indian short video and social media space

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Scientists find new details about how immune system builds long-term memory

Experts in Japan have identified a fundamental part of the immune system's long-term memory, providing a useful new detail in the pursuit to design better vaccines for diseases, ranging from COVID-19 to malaria.

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Spread of digital economy leads to demand surge in tech space: Study

The top-five digital skill domains in demand in September-November 2021 are Testing, Platform Technologies, Java, Cloud Infra, and Data Analytics

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Digital identity platform Bureau raises $12 million led by Quona

Bureau, the digital identity verification and fraud protection platform, has raised USD 12 million in series-A funding round led by Quona Capital with participation from Commerce Ventures and Okta Identity.

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Jindal Stainless eyes Rs 500-cr revenue from chequered sheet biz in 3 years

Jindal Stainless Limited (JSL) is aiming to garner a revenue of Rs 500 crore from its hot-rolled stainless steel chequered sheet business over the next three years.

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Soon, new Ginger Hotel by an all-woman engineering team in Mumbai

This marquee project is a significant step forward in promoting varied opportunities for women in other-wise traditionally male-dominated industry like construction

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Gehlaut offloads 11.9% stake in Indiabulls HFC; to resign by March-end

Gehlaut will continue as chief executive officer (CEO) of Dhani Services, a company that was demerged from IHFL

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Despite cleaner air, pollution disparities for people of color remain across the US

Researchers investigated disparities in exposure to six major air pollutants in 1990, 2000 and 2010 by comparing models of air pollution levels to census data. While overall pollutant concentrations have decreased since 1990, people of color are still more likely to be exposed to all six pollutants than white people, regardless of income level, across the continental United States.

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Infosys sets up dedicated war room as deadline for ITR filings nears

Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued

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SARS-CoV-2 protein interacts with Parkinson’s protein, promotes amyloid formation, study finds

Researchers have shown that, at least in the test tube, the SARS-CoV-2 N-protein interacts with a neuronal protein called alpha-synuclein and speeds the formation of amyloid fibrils, pathological protein bundles that have been implicated in Parkinson's disease.

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Wednesday, December 15, 2021

Excited about India's role in metaverse, says Mark Zuckerberg

He added that India's talent pool - the engineers, developers and creators, and the vibrant start-up ecosystem - are playing a huge role in shaping the future

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Global shares turn positive after US Fed's tapering announcement

MSCI's global gauge of stocks gained 0.10%, and the pan-European STOXX 600 index rose 0.26% after the Fed's statement

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‘Forever chemicals’ latch onto sea spray to become airborne

When ocean waves break, microscopic particles break free into the air. For beachgoers, aerosolized sea salts contribute to the tousled 'beach hair' look. But other compounds found in seawater, including perfluoroalkyl substances (PFASs), could become airborne as bubbles pop at the water's surface. Now, researchers have observed in a thorough field study that sea spray pollutes the air in coastal areas with these potentially harmful chemicals.

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Godrej group PE arm GFM raises $500 mn to build premium office buildings

Godrej group's real estate private equity arm Godrej Fund Management (GFM) on Wednesday said it has raised USD 500 million (Rs 3,800 crore) for development of premium office assets.

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High blood pressure treatment in pregnancy appears safe, prevents maternal heart risks

High blood pressure during pregnancy remains a major cause of maternal and fetal pregnancy-related complications and death, and it increases women's short- and long-term risks for cardiovascular disease. Emerging data from clinical trials and observational research support the benefits and safety of blood pressure treatment during pregnancy. Continued investigation is critical to determine which blood pressure levels, during- and post-pregnancy, both for starting therapy and as treatment goals, are beneficial for the mother and safe and beneficial for the fetus.

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Amazon crosses 10 lakh sellers milestone across India

The number of Amazon Easy stores is on track to the 1 lakh stores mark by end of 2021

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Tuesday, December 14, 2021

No estimation of black money in foreign accounts in last 5 years: Govt

Bringing back black money stashed abroad was one of the key poll planks of the current government led by BJP, which assumed power in May 2014

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French luxury brand Chanel appoints Unilever CHRO Leena Nair as CEO

Nair will step down as Unilever's chief human resources officer in January to join the French luxury brand

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Monday, December 13, 2021

OPEC upbeat on 2022 oil demand, says Omicron impact to be mild

OPEC raises first-quarter 2022 demand forecast by 1.11 mbpd, sees demand at 100 mbpd in Q3 2022, as previously forecast

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New copper surface eliminates bacteria in just two minutes, scientists report

A new copper surface that kills bacteria more than 100 times faster and more effectively than standard copper could help combat the growing threat of antibiotic-resistant superbugs.

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BPCL, BARC collaborate to scale up tech for Green Hydrogen production

The process refineries use to make hydrogen causes high CO2 emission. So refiners are setting up large electrolysers to produce green hydrogen from water and thereby decarbonise hydrogen production

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New hope for people living with a genetic cause of autism

Researchers report they were able to ameliorate Fragile X syndrome symptoms after inserting the Fmr1 gene into the brains of very young transgenic mice that had been genetically engineered to lack this gene. When the researchers measured brain activity for signs of anxiety and hyperactivity in response to stimuli such as stresses and sounds, they found that the reactivation of the gene in these mice had led them to no longer show Fragile X syndrome symptoms.

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Farm Act aftermath: Kant says Centre bent on more reforms across sectors

Says basic philosophy of this govt is that wealth is created by private sector so things must be made easy for them; govt must act as a facilitator and catalyst

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'Supermeres' may carry clues to cancer, Alzheimer's disease and COVID-19

Researchers have discovered a nanoparticle released from cells, called a 'supermere,' which contains enzymes, proteins and RNA associated with multiple cancers, cardiovascular disease, Alzheimer's disease and even COVID-19.

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Sunday, December 12, 2021

Live news: WHO says Omicron reduces vaccine efficacy, more transmissible

Latest Live news: India's Omicron cases increases to 38; GST council to meet in January to fix structures.

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Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche

A total of Rs 25,114 crore has been distributed across 6 schemes under winding up

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Volume revival in utility vehicles, valuations positive for Mahindra

Margin recovery in UVs, prudent capital allocation should help improve return ratios

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End of a return-to-office date: We'll get back to you, say firms

Some workers have returned to their cubicles in recent months, with office occupancy across the United States rising from 33% in August to 40% this month

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Real estate demand at pre-Covid levels, outlook remains positive: Analysts

Analysts say the trend is expected to continue during the upcoming year

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Melatonin exacerbates asthma, study finds

Asthma sufferers generally find their condition gets worse at night. Now researchers may understand why. Melatonin, a sleep hormone that is sometimes prescribed to treat insomnia, exasperates the constriction of the bronchus -- the pathway that moves air to and from your lungs, according to a new study.

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Saturday, December 11, 2021

Delhi's air quality improves marginally, moves to poor category

The air quality in the national capital marginally improved and moved to the 'poor' category on Sunday morning.

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PM Modi to address bank deposit insurance programme today

Prime Minister Narendra Modi will address the function on 'Depositors First

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Chopper crash: Bodies of all remaining 10 armed forces personnel identified

The bodies of all the remaining 10 armed forces personnel killed in the IAF chopper crash near Coonoor were positively identified and six of them were handed over to their families, officials said

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US: Night of devastating tornadoes likely kills more than 100 in Kentucky

Kentucky Governor Andy Beshear said the collection of tornadoes was the most destructive in the state's history

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Live news: Govt says economic recovery stable; 27 districts on Covid alert

Latest live news: Health ministry says 27 districts need to be 'monitored very closely' for coronavirus positivity rates.

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PM Modi's Twitter handle 'briefly compromised,' shares bitcoin link: Office

Users post screenshots of the now-deleted tweet that said India had accepted bitcoin as legal currency.

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Friday, December 10, 2021

Zydus Cadila gets USFDA approval to market generic schizophrenia drug

Cariprazine is an atypical antipsychotic medication used for the treatment of schizophrenia and acute treatment of manic or mixed episodes associated with bipolar disorder.

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Asian shares slip, dollar firms ahead of key US inflation data, amid Covid

Asian shares slipped and the dollar held firm on Friday as traders edged away from riskier assets amid renewed concerns about Covid and ahead of key US inflation data

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Chemicals from hair and beauty products impact hormones, especially during pregnancy

The use of certain personal care products during pregnancy may impact maternal hormone levels, according to a new study.

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Speaking 'baby talk' to infants isn’t just cute: It could help them learn to make words

By mimicking the sound of a smaller vocal tract, adults may be cluing babies in to how the words should sound coming out of their own mouths.

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Scientists identify malfunctioning brain cells as potential target for Alzheimer's treatment

Scientists have identified a rare population of potentially toxic senescent cells in human brains that can serve as a target for a new Alzheimer's disease treatment.

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Minda Industries forms JV with FRIWO for manufacturing EV components

MIL plans to invest Rs 71 crore in one or more tranches as equity investment to partly fund the above expenditure.

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Thursday, December 9, 2021

Algorithm shows that under the right conditions, mosquitoes can even flourish in winter

With an impressive capability of drinking up to three times their body weight in a single blood meal, mosquitoes are formidable parasites. But to reach adulthood, mosquitoes need to be raised in environments where the temperatures are conducive to their breeding, growth and development.

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Early developmental gene can cause deadly aneurysms

Mutations of a gene that regulates formation of blood vessels in the brain of vertebrates can lead to potentially deadly aneurysms in adults. Saccular brain aneurysms affect nearly 3% of the human population. If they rupture, it can cause subarachnoid hemorrhage, the deadliest type of intracranial hemorrhage. Approximately 500,000 hemorrhagic strokes are reported annually worldwide; nearly one in four victims die before reaching the hospital.

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How bone-bordering cells may help shape a skull

In a study of mice, scientists showed how the activity of one gene, turned on in a newly discovered group of bone-bordering cells, may play an important role in shaping the skull. The skulls of mice that were missing the gene were misshapen and were depleted of the cells in a manner that is reminiscent of craniosynostosis, a developmental disorder that affects about one out every 2,500 babies born in the United States.

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New study gives a better understanding of how housekeeping takes place in cells

Normal household waste is collected and disposed of by waste collectors, and a similar process occurs in cells to remove damaged and potentially harmful proteins. A new research study provides a better understanding of how this is done.

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MRI, hybrid imaging outperform conventional tests for small cell lung cancer staging

MRI -- with or without FDG PET coregistration --c an improve the staging of patients with small cell lung cancer.

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One in five future thyroid cancers linked to excess weight

The prevalence of obesity has doubled in Australia in the last two decades. As a result, overweight and obesity will likely be associated with 10,000 thyroid cancers in the next decade.

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Sequoia Capital sees Indian financial firms' value soar to $2.5 trillion

Valuations for India's fintech companies should jump 10 times to $500 billion by 2030

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Preterm birth risk strongly linked to pre-eclampsia

Women who gave birth to a premature baby after developing pre-eclampsia were 17 times more likely to experience another preterm birth if pre-eclampsia emerged again, new research has found.

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PDD signs power purchase agreement with SECI for solar project in Leh

The PPA was signed between chief engineer, PDD Ladakh, Ghulam Ahmad Mir and Senior Manager (Projects), SECI, Debajyoti Bordoloi

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Bajaj Electricals to review corporate structure for better opportunities

The company is currently engaged in the business of consumer products and engineering procurement and construction segment

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MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

At present, the company sells electric SUV 'ZS EV' which is available in two variants

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Warning signs of sight loss could be identified before vision deteriorates

A new study has shown that the signs of age related macular degeneration can set in earlier than previously thought -- even before patients begin to lose their sight. The findings open the door for research into earlier treatment that could help slow down the onset of the condition the most common cause of sight loss in the western world.

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Wednesday, December 8, 2021

Olympics to vaccination: Google India releases top search trends of 2021

Free Fire was the lone gaming entry that made it to the overall trending list, reflecting the massive popularity of the battle royale game

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Vehicle registration across segments drops 2.7% YoY in November: FADA

The fall was a sharper 20% when compared with the pre-pandemic period

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Bhavish Aggarwal-led Ola raises $139 mn, valuation crosses over $7 bn

The new funding comes at a time when Ola's transportation business has been badly hit by the pandemic

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Anxiety drugs and antidepressants trigger post-surgery delirium, study finds

A new study finds that older people taking a drug used to treat anxiety and insomnia -- nitrazepam -- as well as those on antidepressants, are twice as likely to suffer postoperative delirium after hip and knee surgery.

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MapmyIndia raises Rs 312 cr from anchor investors at Rs 1,033 per share

33% of anchor book allocated to 9 mutual funds through 17 schemes

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Early warning signals could help monitor disease outbreaks

New research suggests early warning signals (EWSs) could help in the monitoring of disease outbreaks, such as COVID-19. The study found warnings could be detected weeks earlier than any rapid increase in cases. The findings could help governments and policy makers improve the accuracy of their decisions and allow timely interventions if needed.

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Tuesday, December 7, 2021

India exports 939,000 tonnes of sugar so far this marketing year: AISTA

Sugar mills have exported 9.39 lakh tonnes of the sweetener till the first week of December during the ongoing 2021-22 marketing year that started from October 1, and are not in hurry to sell further

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Stress makes life’s clock tick faster: Chilling out slows it down

Scientists in recent years have developed ways to measure biological age by tracking chemical changes in DNA that occur naturally as people age but occur at different times in different people. These so-called 'epigenetic clocks' have proved to be better predictors of lifespan and health than chronological age. In a new study, Yale researchers used one such clock, appropriately named "GrimAge," to ask two questions: How much does chronic stress accelerate that biological clock? And are there ways to slow it down and extend a healthy lifespan?

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Serum may cut Covishield's monthly production by half as govt orders dry up

The Pune-based firm has 500 million doses of Covishield in stock

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Oops! You did it again; new test predicts if impulsivity is pathological

If you can't stop saying or doing things that you later regret, here's a diagnostic test for you: Researchers have pioneered a way to better determine when acting on one's worst impulses verges on pathological. Turns out, acting more recklessly when your emotions run high can be correlated with how fast you react to stimulating visuals, especially disturbing ones.

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Wildfire smoke poses neurological hazards

Wildfire smoke contains microparticles that cross the blood-brain barrier, triggering neurotoxic effects.

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CRISPRing the microbiome is just around the corner

CRISPR is widely used to target specific cell types, but only one at a time. Researchers have now developed methods to edit genes in multiple organisms within a diverse community of microbes simultaneously, a first step toward editing microbiomes such as those in the gut or on plants. One method assesses which microbes are editable; a second adds genes with a barcode that allows scientists to insert, track and assess insertion efficiency and specificity.

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Monday, December 6, 2021

Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares

Analysts expect under-performance by FMCG shares to continue

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NHRC notice to Centre, Nagaland over civilian killings in security ops

The National Human Rights Commission (NHRC) on Monday issued notice seeking a detailed report in the killings of civilians in an army operation, within six weeks.

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Anand Rathi Wealth IPO subscribed nearly 10x on strong HNI interest

Institutional portion saw only 2.5 times subscription. Overall, the IPO saw bids worth Rs 4,500 crore

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Omicron vs delta: Scientists track Covid-19 mutants' battle for dominance

Many critical questions about omicron remain unanswered, including whether the virus causes milder or more severe illness.

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Centre's fertiliser subsidy bill expected to rise 62% in FY22: CRISIL

A rise in the prices of natural gas and other raw materials is expected to raise the Centre's fertiliser subsidy bill by 62 per cent to Rs 130,000 crore in FY22, Crisil Ratings said.

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Live news: Centre says it regrets civilian killings, Nagaland under control

Latest live news: India's Omicron case count rises to 23; Russia's Vladimir Putin calls India a great power in short trip to Delhi.

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Reliance raises $736 mn in green loan to fund REC Solar acquisition

The loan is a rare acquisition financing from RIL which opted for term loans instead of a short-term bridge facility

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PNB plans to raise up to Rs 2,000 cr through additional AT1 bonds

Bond dealers said the base size of the offering is for Rs 500 crore with a green shoe option of Rs 1,500 crore

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Indices tumble to three-month lows, down 1.6% on Omicron fears

India was the worst-performing market globally on Monday, extending its recent run of underperformance to the world markets

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Reliance raises $736 mn in green loan to fund REC Solar acquisition

The loan is a rare acquisition financing from RIL which opted for term loans instead of a short-term bridge facility

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Godrej Properties ties up with TDI group for housing project in Delhi

Realty firm Godrej Properties Ltd on Monday said it has entered into a joint venture (JV) with TDI group to build a luxury housing project at Connaught Place in Central Delhi.

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WhatsApp to allow default disappearing messages, provide greater control

This new feature is optional and does not change or delete any of the user's existing chats

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No plans to boost cryptocurrency sector in India, FinMin tells Lok Sabha

The RBI has been examining use cases and working out a phased implementation strategy for introduction of CBDC with little or no disruption

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Manyavar brand owner Vedant Fashions plans to double retail floor space

The company aims to add over 100 stores next year alone; overall goal is to have 2 mn sq feet over next few years, form 1.1 mn sq ft currently

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Researchers crack the synthetic code of rare molecules sought after in drug development

A research team has succeeded in producing two molecules that are otherwise only formed by microorganisms from extremely contaminated wastewater in an abandoned mine in South Korea. The method, which took four years to develop, could pave the way for new types of drugs.

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Long-range four-stranded DNA structures found to play a role in rare aging disease

A special form of four-stranded DNA, recently seen in human cells, has been found to interact with a gene that causes Cockayne Syndrome when faulty.

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Exchange date of American Depositary Shares extended till Jan 10: Vedanta

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

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Don't take coercive action under new IT Rules: Madras HC tells Centre

The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology Act.

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At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

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Minimal effort required: A ten-minute run can boost brain processing

Researchers found that as little as ten minutes of moderate-intensity running could benefit mental health. In study participants, both mood and cognitive functions improved, and the activation of bilateral prefrontal subregions associated with cognitive function and mood also increased. These results demonstrate the potential advantages of exercise prescriptions for various conditions including mental health treatment.

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The sunshine vitamin that ‘D’elivers on cardio health

Free from the sun, vitamin D delivers a natural source for one of the hormones essential to our bodies, especially the bones. But when you're down on this essential nutrient, it's not only your bones that could suffer, but also your cardio health, according to new research.

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Spaceflight wreaks havoc on liver metabolism

Researchers have demonstrated that microgravity and other environmental factors in space play different roles in inducing oxidative stress, which, in turn, alters the metabolism of sulfur-containing compounds in the liver of mice. The study highlighted steps that can be taken, such as boosting antioxidant capacity with dietary supplements, to safeguard astronaut health.

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Glucose control is a key factor for reduced cancer risk in obesity and type 2 diabetes

Good glucose control is important for reduction of cancer risk in obesity and type 2 diabetes. Large durable weight loss, as such, appears to afford protection against cancer, but with good glucose control the number of cancer cases also drops radically, a new study shows.

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Sunday, December 5, 2021

Audio OTT app Pocket FM raises $22.4mn funding in round led by Lightspeed

Company registered over 40 million downloads and 3 billion monthly listening minutes since its launch in 2018

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Amit Shah likely to make statement on Nagaland killings in both Houses

Shah is likely to make a statement in both Houses of Parliament on Monday on the Nagaland incident in which 14 civilians were killed in firing by security forces, parliamentary sources said

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Vodafone Idea hits 31-month high, stock surges 38% in 4 trading days

With the current rally, the market value of VIL has zoomed 235 per cent from its 52-week low of Rs 4.55 touched on August 5, 2021

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India demolish New Zealand by 372 runs in 2nd Test, claim series 1-0

India carried out a decimation of New Zealand, winning the second Test by a record-breaking 372-run margin to clinch the two-Test series 1-0

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Indian office market may take 2 years to reach pre-Covid level: Colliers

The leasing of office space across major cities is likely to rise marginally this year with corporates becoming less cautious, Colliers India CEO Ramesh Nair has said.

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Zee Entertainment hits 52-week high; surges 22% in two weeks

In the past three months, the market price of ZEE more-than-doubled or up 102 per cent, against 1.4 per cent decline in the S&P BSE Sensex.

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JBM Auto at new high ahead of board meet for stock split, up 87% in 1 month

The board of directors of the company is scheduled to meet on Wednesday, December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each

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Eris Lifesciences soars 10% on JV with MJ Biopharm to enter insulin segment

The purpose of entering into the agreement is expansion of product portfolio to offer biotherapeutic options to the patients in cardio-metabolic segment, Eris said in statement

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Evergrande says no guarantee it can meet repayments, shares hit 11-yr low

In a filing late on Friday, Evergrande, the world's most indebted developer, also said it had received a demand from creditors to pay about $260 million

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Julius Baer's Asia-Pacific head on how 2022's shaping up for equities

Bhaskar Laxminarayan, head of investment management for Asia Pacific at Julius Baer, shares how the new Covid-variant could possibly change the outlook for global equity markets, including India

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MARKET LIVE: SGX Nifty hints at positive start; Asian shares trade weak

Stock market LIVE: Investors will track the Reserve Bank of India's 3-day monetary policy meeting, which begins today

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Stocks to Watch: Hero MotoCorp, Aurobindo, Neogen, SPARC, telecom shares

Telecom shares may be in demand on credit of bank guarantee to the telcos

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Japan govt is considering lifting FY2022 economic growth forecast

The Japanese government is considering raising its economic growth forecast for fiscal 2022 to take into account the effects of its record $490 billion stimulus package

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Nagaland on the edge, orders probe after security forces kill 13 civilians

Nagaland government has formed a Special Investigation Team (SIT) to probe the firing incident that took place on Saturday evening in Mon district, in which 13 civilians and a jawan lost their lives

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Former US president Trump's media company says raised $1 bn from investors

The Trump Media & Technology Group (TMTG), founded by former US president Donald Trump, has announced raising $1 billion from institutional investors

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Gold trading at Rs 47,510 per 10 gm today, silver at Rs 61,600 a kg

The price of 10 gram of gold increased by Rs 10 on Monday, while the rate of silver remain unchanged

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Fund pick: Why UTI Flexi Cap Fund has consistent performance across periods

Systematic investment plan is a disciplined mode of investing in mutual funds, through which one can invest a certain amount at regular intervals

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Live news: India Omicron cases rise to 21, RBI policy meeting starts today

Latest live news: Thirteen villagers were killed in Nagaland when security forces opened fire on a group of people they mistook as insurgents.

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Highest education accolade, Yidan Prize, for Pratham CEO Rukmini Banerji

Banerji has been awarded for her work in improving learning outcomes

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Covid-19: Delhi reports first Omicron case as India vaccinates 50% adults

Experts have said that the Omicron situation will become clearer by the end of this year

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FMCG distributors warn firms of 'non-co-operation', seek price parity

A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

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Aurobindo Pharma, Unichem Laboratories recall products in US market

Aurobindo Pharma and Unichem Laboratories are recalling different products in the US market, the world's largest market for medicines, due to manufacturing issues. As per the latest enforcement report issued by the US Food and Drug Administration (USFDA), Aurobindo's US-based unit is recalling 7,296 containers of hypertension drug Carvedilol tablets. The affected lot contains 6.25 mg Carvedilol tablets, which have been produced in India and distributed in the US by Princeton-based Aurobindo Pharma USA Inc. The company is recalling the lot due to "failed impurities/degradation specifications", the US health regulator noted in the report. Aurobindo initiated the nationwide the recall on November 15 this year, it added. Another domestic drug maker Unichem Laboratories is recalling 1,284 bottles of Topiramate tablets, used to treat epilepsy (seizures) and to prevent migraines. It is also used in the treatment of Lennox-Gastaut syndrome (a rare, but severe form of epilepsy that starts

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Saturday, December 4, 2021

India faces 'extreme pain', aspirations dashed: economist Abhijit Banerjee

The Nobel laureate was sharing his observations from a recent visit to West Bengal.

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Afraid of needles? Here's how to prepare your child for Covid vaccine

Most children are fearful of needles. But for some children, this fear is more serious and can be defined as a needle phobia

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Pakistan receives $3 bn loan from Saudi as part of economic support package

The South Asian country has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

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M-cap of seven most valued firms rises over Rs 1.29 trn; TCS tops list

Reliance Industries Limited, ICICI Bank and Bharti Airtel were the three laggards from the top-10 list

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Codeshare with IndiGo to be implemented by March: American Airlines

American Airlines is in the process of getting requisite approvals from the US government for its codeshare agreement with IndiGo airlines and the partnership is likely to implemented by March 2022

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Codeshare with IndiGo to be implemented by March: American Airlines

American Airlines is in the process of getting requisite approvals from the US government for its codeshare agreement with IndiGo airlines and the partnership is likely to implemented by March 2022

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Covid-19: 15 suspected Omicron patients admitted to Delhi's LNJP hospital

Fifteen suspected patients of Omicron, who flew in the national capital from 'at risk' countries, are admitted to the Delhi government's LNJP hospital, according to a senior hospital official

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Australia confirms community transmission of Omicron variant of Covid-19

New South Wales state has confirmed 15 omicron infections and more are likely

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Maharashtra's first Omicron patient an unvaccinated marine engineer

The 33-year-old man from Thane district in Maharashtra who was found to be infected with the Omicron variant of coronavirus is a marine engineer by profession

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Modi-Putin meeting: India looks for weapons amid border standoff with China

Putin is making his first foreign trip in nearly six months for talks with Modi as India takes delivery of Russia's S-400 advanced missile-defense system that's part of a $5 bn weapons deal

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Live news: India's Omicron cases grow; FM warns against crypto speculation

Live news: India's eastern coast braces for a weakened cyclone Jawad; Nirmala Sitharaman says legislation will regulate crypto.

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Nasal problem plagued long-nosed crocodile relatives

Research finds that humans have more in common with endangered crocodiles than we think -- namely, a deviated septum.

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Probiotics improve nausea and vomiting in pregnancy

Researchers found that probiotics significantly improve the symptoms of pregnancy-related nausea, vomiting and constipation. Nausea and vomiting affect about 85% of pregnancies and can significantly impact quality of life, particularly during early pregnancy.

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Omicron variant could dent global economic growth, says IMF chief

Omicron has spread rapidly to at least 40 countries since it was first reported in South Africa last week, officials say, and many governments have tightened travel rules to try to keep it out

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Scientist who first sequenced Omicron variant worried by speed of change

Velocity of mutations adds to the puzzle of how transmissible the variant may be, says South Africa's Sikhulile Moyo.

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How you speak up at work can affect whether you’re picked for a team

Business leaders and management experts often encourage people to speak up in the workplace. Suggesting a creative idea or a more efficient way to work can help companies overcome challenges and meet goals. But new research shows another, more subtle and often overlooked form of speaking up has a big effect on the way work gets done and how teams come together.

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Understanding mouthfeel of food using physics

Our understanding of how microscopic structure and changes in the shape of food affect food texture remains underdeveloped, so researchers from Denmark and Germany conducted a series of experiments relating food microstructure and rheology to texture. They used coherent anti-Stokes Raman scattering microscopy to relate the molecular makeup of the fat in foods with the rheological and mechanical properties of the food. The foods in question: foie gras and pâté.

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Printing technique creates effective skin equivalent, heals wounds

Researchers have developed an approach to print skin equivalents, which may play a future role in facilitating the healing of chronic wounds. They used suspended layer additive manufacturing, creating a gel-like material to support the skin equivalent that can then support a second phase of gel injection. During printing, the skin layers are deposited within the support gel. After printing, the team washed away the support material, leaving behind the layered skin equivalent.

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ALS therapy should target brain, not just spine

The brain is indeed a target for treating ALS (amyotrophic lateral sclerosis), scientists have discovered. This flips a long-standing belief the disease starts in the spinal motor neurons and any therapy would need to target the spine as the key focus. The new study shows the brain degenerates early in ALS, sends warning signals and shows defects very early in the disease. Degeneration of brain motor neurons is not merely a byproduct of the spinal motor neuron degeneration, as had been previously thought.

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Gene discoveries give new hope to people who stutter

Researchers describe a 'genetic architecture' for developmental stuttering and report the discovery of new genetic variations associated with the condition.

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Predicting protein-protein interactions

Scientists have collaborated to build a structurally-motivated deep learning method built from recent advances in neural language modeling. The team's deep-learning model, called D-SCRIPT, was able to predict protein-protein interactions (PPIs) from primary amino acid sequences.

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Where did western honey bees come from? New research finds the sweet spot

For decades, scientists have hotly debated the origin of the western honey bee. Now, new research has discovered these popular honey-producing bees most likely originated in Asia.

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Brain drain: Scientists explain why neurons consume so much fuel even when at rest

Pound for pound, the brain consumes vastly more energy than other organs, and, puzzlingly, it remains a fuel-guzzler even when its neurons are not firing signals called neurotransmitters to each other. Now researchers have found that the process of packaging neurotransmitters may be responsible for this energy drain.

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Friday, December 3, 2021

Didi shares plunge 20% on plan to delist from New York Stock Exchange

HONG KONG (Reuters) - Just five months after its debut, ride-hailing giant Didi Global said on Friday it would withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its U.S. IPO.

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Omicron likely to reinforce IMF downgrade of global growth forecasts: MD

Omicron variant is likely to reinforce a downgrade of IMF's outlook on the global economy, Managing Director Kristalina Georgieva said

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News LIVE: Panel recommends evaluation of Covid vaccines, SKM meet today

In its report, the committee said it apprehends that a rise in mutations in the virus may lead to reporting of more virulent and transmissible strain of the Covid-19 virus in the country.

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Cyclone Jawad likely to hit Andhra Pradesh, Odisha today morning: IMD

The Cyclone Jawad is likely to reach north Andhra Pradesh and south Odisha on Saturday morning and Puri is likely to witness heavy rains on Sunday, said India Meteorological Department (IMD).

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Immune system-stimulating nanoparticle could lead to more powerful vaccines

Researchers designed a new nanoparticle adjuvant that may be more potent than others now in use. Studies in mice showed it significantly improved antibody production following vaccination against HIV, diphtheria and influenza.

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Govt seeks Parliament's approval to spend Rs 3.74 trillion more

The government needs Rs 49,805.25 for food storage schemes and warehousing

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Daytime meals may reduce health risks linked to night shift work

A small clinical trial has found that eating during the nighttime -- like many shift workers do -- can increase glucose levels, while eating only during the daytime might prevent the higher glucose levels now linked with a nocturnal work life.

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Commissioned 10 PSA oyxgen plants in J'Khand, says Tata Steel Foundation

Tata Steel Foundation on Friday said it has commissioned 10 state-of-the-art Pressure Swing Adsorption (PSA) oxygen plants at various locations across Jharkhand.

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MeitY proposes national blockchain strategy for adoption across sectors

Suggesting a multi-institutional model for architecting the NBF, MeitY has said organisations must be identified along with their roles and responsibilities.

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New navy chief R Hari Kumar backs joint structure, theatre commands

Presents detailed explanation of acquisition process to establish need for equipment

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Rs 375 cr pending for reprocessing under PM-KISAN since 2019: Govt

Tomar said the cumulative number of failed transactions of PM-KISAN were at 69,02,227 from February 1, 2019, till November 30 of this year

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Tega Industries subscribed 219 times, becomes 6th most subscribed IPO

At the top end, the company is valued at about 22 times its financial year 2020-21 (FY21) earnings

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Decision on booster dose will be based on scientific evidence: Mandaviya

Specific cluster outbreaks of Covid-19 in various parts of the country are also being investigated, INSACOG said

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PMI: Services activity expands in November but records slight dip

Ahead of MPC meet, data shows input price pressures rise

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Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

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Green energy goals achievable with right steps taken now: Sunil Mittal

Mittal said the telecom sector as a whole was working to become carbon neutral by 2030, and at India's scale, even reaching 80% of that would be a huge achievement

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Omicron, US Fed's hawkish tone drags indices down by more than 1%

Experts said the mood turned sombre after first Omicron cases were reported on Thursday from Karnataka

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Specialty chemical firm Aether plans to file up to Rs 1k-cr IPO next week

Aether Industries caters to the pharmaceutical, agrochemical, material science, electronic chemical, high performance photography and oil and gas industry segments

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Young buyers leading charge in buying pre-used cars sales: Report

The study highlights the most-compelling consumer trends and statistics with respect to the Indian used car industry

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Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

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Wraparound care coordination associated with many positive outcomes amongst youth with serious and complex behavioral health needs

A study finds that Wraparound Care Coordination (Wraparound), which has been adopted in states and jurisdictions across the country to help meet the needs of children and adolescents with serious emotional and behavioral disorders, produces more positive outcomes for youth when compared to more common service approaches.

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Precise new form of brain surgery requires no incisions, scalpels

Researchers have developed a noninvasive way to remove faulty brain circuits that could allow doctors to treat debilitating neurological diseases without the need for conventional brain surgery.

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Thursday, December 2, 2021

Harnessing the organization of the cell surface

Scientists have developed a new method to determine how proteins are organized on the surface of cells. Insights gained with the technology could lead to the development of novel drugs to fight cancer.

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Stroke may be triggered by anger, emotional upset and heavy physical exertion

A global study into causes of stroke has found that one in 11 survivors experienced a period of anger or upset in the one hour leading up to it. One in 20 patients had engaged in heavy physical exertion. The suspected triggers have been identified as part of the global INTERSTROKE study, which analyzed 13,462 cases of acute stroke, involving patients with a range of ethnic backgrounds in 32 countries.

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Parent-teacher relationship vital to home schooling

A research survey of primary school teachers in England has emphasized the importance of the relationship between parents and primary schools during lockdown school closures. 84% of teachers said they felt some pupils were disadvantaged by their home circumstances.

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Meta's India revenue up 16% to Rs 1,485 crore in FY21; net profit dips

Meta's (formerly Facebook) total income in India grew 16 per cent year-on-year to about Rs 1,485 crore in 2020-21, while its net profit dipped 6 per cent to Rs 128 crore, as per regulatory documents.

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Credit card spend crosses Rs 1 trillion first time in a month: RBI

Among major credit card players, ICICI Bank has been the most aggressive

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India's first two Omicron cases in Karnataka, govt says no need to panic

Around 120 million beneficiaries are still due for their second dose, according to the health ministry data

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BSE stock soars 16% to end at Rs 1,912 on NSE IPO buzz; MCX adds 5%

Market players expect NSE's valuation to be around the Rs 2 trillion mark. They feel the exchange's IPO could lead to sharp re-rating in shares of BSE and MCX

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Supreme Court upholds arbitral award in favour of Anil Ambani firm

A Bench of Justices L Nageswara Rao and S Ravindra Bhat said no case for review is made out

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Meta launches new safety initiatives aiming at online protection of women

A first of its kind platform, NCII.org has partnered with various Indian organisations such as Social Media Matters, Centre for Social Research, and Red Dot Foundation

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Flipkart merges depts to create singular growth org under Prakash Sikaria

Sikaria, who is Senior Vice President - Growth and Monetization, Flipkart, has been with the firm since 2015

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Loans worth Rs 2.82 trillion sanctioned under ECLGS: MSME Minister

The last date of disbursement under the scheme has been extended to June 30, 2022

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India hits target of 40% power generation capacity from non-fossil sources

The country's installed renewable energy (RE) capacity stands at 150.05 GW, while its nuclear energy-based installed electricity capacity is 6.78 GW

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Soaring imports to push India's CAD to 1.9% this fiscal year : Report

Trade deficit--the difference between a country's imports and exports -- has been rising and remains sticky

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IBBI empowers adjudicating authority to pick IPs from panel to curb delays

Board has prepared an algorithm to place insolvency professionals on a panel in a particular order. The IP with lowest volume of ongoing processes gets a score of 100, will be at the top of the panel

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Brief period of ‘blindness’ is essential for vision

Vision scientists have uncovered new information about the role of tiny 'fixational' eye movements in enabling us to see clearly.

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Language used by researchers to describe human populations has evolved over the last 70 years

Researchers have found that the words that scientists use to describe human populations -- such as race, ancestry, and ethnicity -- significantly changed from 1949 to 2018. Such changes and their timing, along with new descriptors for certain population groups, may be linked to structural racism, social trends, and how people view social constructs such as race.

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Two-photon microscope provides unprecedented brain-imaging ability

Advancing our understanding of the human brain will require new insights into how neural circuitry works in mammals, including laboratory mice. These investigations require monitoring brain activity with a microscope that provides resolution high enough to see individual neurons and their neighbors.

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Supreme Court upholds arbitral award in favour of Anil Ambani firm

A Bench of Justices L Nageswara Rao and S Ravindra Bhat said no case for review is made out

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Scientists pinpoint protein’s role in critical gene expression

New research has implications for cancer research because it explains part of the paradox for how cells can transcribe genes in the absence of high-energy sources, a situation that unfolds in cancer and has puzzled researchers for years.

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Strategies to improve sales of imperfect carrots

Explaining the value of misshapen vegetables -- that they are as healthful as their picture-perfect counterparts and buying them helps reduce food waste -- could help improve sales of 'ugly' produce, new research suggests.

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Studies of children’s stories shows differences in Russian, US approaches to emotion

Recent research of parents in Russia and the United States, as well as children's literature in both countries, highlights how cultural differences in socializing emotions begin before children even start attending school. Specifically, the research found that Russian parents are more likely than U.S. parents to read stories to their children that feature negative emotions, such as fear, anger and sadness.

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Stem cell-based implants successfully secrete insulin in patients with type 1 diabetes

Interim results from a multicenter clinical trial demonstrate insulin secretion from engrafted cells in patients with type 1 diabetes. The safety, tolerability, and efficacy of the implants, which consisted of pancreatic endoderm cells derived from human pluripotent stem cells (PSCs), were tested in 26 patients. While the insulin secreted by the implants did not have clinical effects in the patients, the data are the first reported evidence of meal-regulated insulin secretion by differentiated stem cells in human patients.

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Indian companies were progressive during Covid-19 pandemic: Study

97 per cent of them having an active short-term incentive plan for in-year performance recog­ni­ti­on

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Wednesday, December 1, 2021

Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO

Hopes to regain pre-Covid level of $60 million ARR in FY22

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Tega Industries IPO subscribed 4.7 times on Day-1 on retail interest

Price band Rs 443-453 per share. At the top-end, company is valued at about 22x it FY21 earnings and will have a market cap of Rs 3,000 cr

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3D printing of blood plasma may speed up wound healing

New research suggests that effective wound healing may be aided by replicating a crucial component of our blood.

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Successful treatment in mice for severe childhood cancer

In mice with high-risk neuroblastoma, tumors disappeared in response to a new combination treatment with precision medicines, a recent study shows. This is a vital step toward a potentially curative treatment for a form of cancer affecting young children that is currently difficult to treat.

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Pfizer begins application for Canada's approval of Covid-19 pill

The country has identified seven people with the new variant as of Nov. 30.

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Slow exports growth takes trade deficit to record high of $23 billion

The current account balance is widely expected to turn into a deficit at around one per cent of GDP during 2021-22

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Jerome Powell says Fed policy must address range of plausible outcomes

Powell said the US recovery is stronger than those of other major economies, thanks in part to more robust fiscal support

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Reliance Power defaults on interest payment to IDBI and DBS banks

Total outstanding borrowings from banks/financial institutions are Rs 1,194 crore

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Swiggy valued at $10.5 billion in $700-million Invesco-led round

Valuation has doubled since it was valued at $5.5 billion in April

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UPI breaks 5-month growth streak; transactions decline 0.71% in November

In November, UPI recorded 4.18 billion transactions worth Rs 7.68 trillion

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The diabetes medication that could revolutionize heart failure treatment

A medication originally used for patients with diabetes is the first to help people with heart failure and could revolutionize treatment. Early research had shown that SGLT2 inhibitors could help around half of heart failure patients -- those with a condition known as reduction ejection fraction. But a new study shows that the medication could be beneficial for all heart failure patients -- including those with a second type of heart failure called preserved ejection fraction.

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Aerogels: Airy and efficient

Researchers have developed a new photocatalyst made from an aerogel that could enable more efficient hydrogen production. The key is sophisticated pretreatment of the material.

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Breakthrough tool to show how much exoskeletons reduce back injury risk

A study reveals a breakthrough tool to assess the effect of exoskeletons on injury risk. The tool, called Exo-LiFFT, is an interactive calculator that will help companies looking for ways to overcome workforces struggling with musculoskeletal injuries, missed work, and accelerated retirement amongst skilled laborers.

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Cell types of the iris in mice

Researchers report they have genetically mapped the cell types that make up the mouse iris -- the thin disc of pigmented tissue that, in humans, gives eyes their distinct colors.

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Correcting inherited gene alterations speeds up

Researchers have developed a method to precisely and rapidly correct genetic alterations in the cultured patient cells.

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Potential new treatment for Alzheimer’s disease would be relatively cheap

Researchers have discovered a protein involved in the development of Alzheimer's disease. Studies in mice showed that eliminating this protein entirely or using drugs to block its function reduced physical changes in the brain associated with the disease and improved memory. Drug therapy that aims to block the protein's activity could be a more effective treatment than what is currently available, as well as being cheaper.

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Reliance Power defaults on interest payment to IDBI and DBS banks

Total outstanding borrowings from banks/financial institutions are Rs 1,194 crore

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Birla Estates to invest Rs 5,500 cr to build luxury housing project: CEO

The company plans to develop 2.5 million square feet of housing, one million square feet of office buildings and 1,00,000 square feet of high street retail

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US fund TFCC to buy 46% stake in Chennai's Ramcharan for $4 billion

According to the company's official website, Ramcharan's registered office is at Dover City in Kent County

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Swiggy valued at $10.5 billion in $700-million Invesco-led round

Valuation has doubled since it was valued at $5.5 billion in April

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Maruti Suzuki India reports 3% production dip in November

The auto major reported total production of 1,45,560 units in November compared to 1,50,221 units in November 2020

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HMSI posts 35 pc decline in two-wheeler sales to 2,80,381 units for Nov

The Indian arm of the Japanese two-wheeler had sold a total 4,33,207 units, including exports, in November 2020, the company said

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Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...