Cattle trade ban to halt beef exports, lead to job losses

Cattle trade ban to halt beef exports, lead to job losses

NEW DELHI, May 29 (Reuters) – The Indian government’s ban on the trade of cattle for slaughter threatens $4 billion in annual beef exports and millions of jobs if the government does not revoke the stoppage decreed last week, according to two industry officials.   In the latest setback to the Muslim-dominated meat industry, Prime […]

Markets zooms to 31K milestone during the week, up 563 points

Mumbai, May 27 (PTI) Stocks: Markets sailed to hit new record highs of 31K on strong buying, thus logging a continous third consecutive weekly gains, while the broader Nifty touched 9,600-level for first time ever during the week.   The eventful week saw the market gaining three out of five trading session, loomed by derivative […]

Safe Sex: Chinese buy condom business as savvy youth spur demand

Safe Sex: Chinese buy condom business as savvy youth spur demand

SHANGHAI, May 26 (Reuters) – April Zhang, a 21-year-old student from Shanghai, reflects the fast-shifting attitudes of China’s younger generations towards sex. She’s confident to talk about a topic once taboo here and is well educated about the risks.   Zhang and her young contemporaries – though far from uniform in their views – are […]

Cipla lowers bio drugs investment, sharpens focus on respiratory

Cipla lowers bio drugs investment, sharpens focus on respiratory

MUMBAI, May 26 (Reuters) – Cipla Ltd <CIPL.NS>, India’s fifth-largest drugmaker by sales, plans to reduce investment in biosimilars to sharpen its focus on building a portfolio of high-margin respiratory products, the company’s chief executive said on Thursday.   It has put plans to build a biotech plant in South Africa, its third-largest market, on […]

Mahindra & Mahindra to build long-range electric vehicles

Mahindra & Mahindra to build long-range electric vehicles

MUMBAI, May 24 (Reuters) – Automaker Mahindra & Mahindra <MAHM.NS> will invest in building long-range electric vehicles, high-power battery packs and power trains in an effort to boost green car sales, senior company executives said on Wednesday.   Mahindra plans to ramp up production of its electric vehicles to 5,000 units a month by mid-2019 […]

Paytm launches niche bank

Paytm launches niche bank

MUMBAI, May 23 (Reuters) – Indian digital payments firm Paytm, which is backed by Asian technology giants SoftBank Corp and Alibaba Group Holding, launched a niche bank on Tuesday, part of a plan to more than double its customer base to 500 million in the next three years.   Paytm Payments Bank will help the […]

New Maruti Suzuki Dzire launched in Dimapur

New Maruti Suzuki Dzire launched in Dimapur

Morung Express News Dimapur | May 22   Progressive Motors on Monday launched the new version of the Maruti Suzuki ‘Dzire’ compact sedan at its showroom at 2 ½ mile, Dimapur. The company has dropped the prefix ‘Swift’ and from now on will be branded as Dzire in order to give a fresh identity.   […]

Ford fires CEO Mark Fields, Hackett takes reins

New York, May 22 (Reuters): Ford Motor Co Chief Executive Mark Fields is set to leave the carmaker as part of a shake-up that includes other top executive changes as the company’s shares hover near a 52-week low, several media reported on Monday.   Forbes and the New York Times reported James Hackett, head of […]

Scarier ransomware ‘EternalRocks’ found

San Francisco, May 22 (IANS): After a host of different ransomware attacks that hit enterprises across the globe, security researchers have now identified a new strain of malware “EternalRocks” that is more dangerous than WannaCry and is potentially tougher to fight.   According to the researchers, “EternalRocks” exploits the same vulnerability in Windows that helped […]

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