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NCL researcher murdered by his date

The accused was upset that deceased’s marriage was fixed and feared losing him to matrimony; he also tried to kill himself Cops have been able to unravel the story behind the murder of the young PhD scholar at National Chemical Laboratory (NCL), whose body was found at Sus Khindi on Saturday. Turns out he was killed by an interior designer he met through adating app and Chaturshringi police have arrested the accused who’d also tried to die by suicide pursuant to the murder. The 30-year-old victim – Sudarshan alias Balya Baburao Pandit – who hailed from Janephal, Jafrabad, in Jalna district had come to Pune to do his research with NCL and was staying as a paying guest at Shivnagar of Sutarwadi, Pashan. He befriended the accused, 32-year-old Raviraj Kshirsagar, a resident of Warje, six months ago through a dating app. Kshirsagar called Pandit over to Sus Khindi on the fateful night, where he stabbed his lover in the neck with a sharp weapon. To make him ... » Learn More about NCL researcher murdered by his date

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St. John’s develops new test to measure Vit B12 absorption

A team of researchers from St. John’s Research Institute (SJRI) has developed a new test to measure vitamin B12 absorption in humans with stable 13C isotopes. Earlier, this was possible only using the radio-isotopes-based Schilling test. This major clinical development has been published in American Journal of Clinical Nutrition. Vitamin B12 deficiency, that is widespread in India, is linked to many poor health outcomes. It is mainly due to a low intake of animal source foods or malabsorption. The problem lies in measuring whether it is well absorbed from the diet or from remedial supplements. Unless the absorption is known, it is very hard to design the appropriate dose to remedy deficiencies. Sarita Devi from St. John’s Research Institute, who is the lead author of the paper, said unfortunately, the measurement of vitamin B12 absorption is not performed now, because the original or modified Schilling’s test requires radioisotopes. “The problem is the use of radioactive ... » Learn More about St. John’s develops new test to measure Vit B12 absorption

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Jio’s new offer dampens tariff hike talk, adds to Vi’s worries

The new offer is part of its strategy to turn India to an exclusively 4G market. Illustration: Dominic Xavier/ Rediff.com Reliance Jio’s two-year discounted offer has dampened expectations of a tariff hike in the telecom space and has added to the woes of Vodafone Idea (Vi), which is looking to reduce subscriber loss and raise funds, analysts said. The new offer will also slow the recovery in average revenue per user (ARPU) of telecom companies, they said. On Friday, Jio launched a new bundled offer giving customers a handset, two years of unlimited calls, and two GB data per month for Rs 1,999. A one-year plan with similar benefits will be made available for Rs 1499. In a note, analysts at Jefferies said Jio’s primary focus is still on gaining subscribers, which dampens expectations of tariff hikes. In case of sharp underperformance, Jio will likely resort to tariff tweaks. It would not have cut tariff if its low-cost smartphone was to be launched ... » Learn More about Jio’s new offer dampens tariff hike talk, adds to Vi’s worries

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Mobile sector senses big growth opportunities in China

Sun Juanjuan, a white-collar worker in Shanghai, had been using an iPhone X for more than three years before buying an iPhone 12 immediately after Apple Inc unveiled its first smartphones with 5G connectivity in October. "I have been waiting for Apple's 5G smartphone for a long time. When the iPhone 12 was unveiled, I decided to buy one immediately. I love the green color so much," Sun said. Consumers like Sun are pushing sales of Apple to new highs in China. The United States tech giant raked in its highest ever revenue in China in the fourth quarter, driven by the popularity of its iPhone 12 series. Apple said its China revenue came in at $21.31 billion in the three months ended Dec 26, up 57 percent from a year earlier. Apple CEO Tim Cook attributed the strong performance to "more than an iPhone story", adding that its other products also contributed a lot, but he also highlighted that the iPhone 12 was crucial in fueling phone upgrades. "China had a record number of ... » Learn More about Mobile sector senses big growth opportunities in China

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E-learning set to ‘take a big leap forward’

Study-from-home routines spark demand for quality education online Time was ticking, the day's deadline was just an hour away, but Tang Zhumei, an accountant and a 39-year-old mother from Beijing, suddenly stopped auditing dozens of financial statements that piled up on her desktop. Upon receiving a pop-up notification, she reached for her smartphone and, in a jiffy, bought an online English-language course for her 11-year-old daughter. The 60-session course set her back by 9,000 yuan ($1,389), paid via WeChat Pay, but Tang said she believes it's worth every fen of the money spent. In China, online consumption as part of the national consumption upgrade can take many forms. Top-quality education is par for the COVID-19-era online shopping course as study-from-home regimen is part of the new normal. And parents tend to vie for the best e-learning programs for their children, which are considered few and far between. Demand outstrips supply, and market forces could send prices ... » Learn More about E-learning set to ‘take a big leap forward’

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Nio’s Q1 sales to surge 400% year-on-year

China's leading electric car startup Nio said its sales in the first quarter this year would reach 20,000, which would be more than five times the figure in the same period last year. Nio gave the estimate on Tuesday when it released its financial statement for the year 2020, in which it delivered 43,728 vehicles. In the first two months of the year, its combined sales totaled over 12,000 vehicles. "Supported by competitive product offerings, outstanding services and innovative business models, we have won increasing recognition from our users," said Nio Chairman and CEO William Li. Due to the COVID-19 pandemic, Nio sold only 3,838 vehicles in the first quarter last year. But its sales rose as the pandemic was under control in China and a government fund in Hefei, Anhui province, decided to invest in the company. Nio's total revenue in the year hit $2.49 billion, up 107.8 percent year-on-year, and the gross profit was $287 million. It was the first year for the startup to see ... » Learn More about Nio’s Q1 sales to surge 400% year-on-year

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Volvo to become fully electric by 2030

Swedish carmaker Volvo Cars said on Tuesday that it plans to become a fully electric car company by 2030. Volvo, owned by China's Geely, said it will phase out any car in its global portfolio with an internal combustion engine, including hybrids, by 2030. It estimates that 50 percent of its global sales will be electric cars by 2025. The 2030 ambition is driven by strong demand for electrified cars in recent years and a firm conviction that the market for combustion engine cars is a shrinking one, said the carmaker. "To remain successful, we need profitable growth. So instead of investing in a shrinking business, we choose to invest in the future – electric and online," said Volvo CEO Hakan Samuelsson. "We are fully focused on becoming a leader in the fast-growing premium electric segment." Samuelsson told China Daily that Volvo invests 5 percent of its revenue each year on research and development, with a primary focus on electrification. Volvo launched its first fully ... » Learn More about Volvo to become fully electric by 2030

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Billionaire numbers reach record high

The number of billionaires in the world increased by 412, taking the total to a record high of 3,228, according the latest Hurun Global Rich List. China added 259 new billionaires, becoming the first country in the world to top 1,000 "known" dollar billionaires with 1,058, more than the combined total of the next three countries of the United States, India and Germany. "Despite the disruption caused by COVID-19, this year has seen the biggest wealth increase of the last decade," Hurun Report chairman and chief researcher Rupert Hoogewerf said. A stock markets boom, and flurry of new listings have minted eight new dollar billionaires a week for the past year. The wealth of Tesla founder Elon Musk added a record $151 billion to $197 billion, with Musk becoming the richest man in the world for the first time. Amazon's founder Jeff Bezos, last year's richest man, ranked second with $189 billion, followed by "Luxury King" LVMH CEO Bernard Arnault ($114 billion) and Bill Gates ($110 ... » Learn More about Billionaire numbers reach record high

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We don’t rely on stealing, China plays victim card on hacking and cyber attacks

New Delhi : Amid the recent reports of the Chinese hackers targetting the Indian COVID-19 vaccine makers and being behind the Mumbai power outage in 2020, China on  Tuesday (March 2) said that it doesn't 'rely on stealing'. "The relevant allegations are pure rumors and slanders. Cyber attacks are highly complicated and sensitive, and their origin is difficult to trace," said the Spokesperson of the Chinese Embassy in India on reports of Chinese hackers launching cyber attacks on the Indian facilities. He added that speculation and fabrication have no role to play on the issue of cyber attacks and said that China is firmly opposed to such irresponsible and ill-intentioned practice. "For some time, there have been certain speculation about China’s so-called theft of other countries' vaccines through hacker attacks. China takes the lead in vaccine research and development, we don't need to and will not rely on stealing to obtain vaccines," he said. He also said that ... » Learn More about We don’t rely on stealing, China plays victim card on hacking and cyber attacks

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China rolls out first one-jab COVID-19 vaccine, rival to US’s Johnson & Johnson

Beijing: China has given conditional approval for a single dose COVID-19 vaccine, touted to be a rival to Johnson & Johnson's one-jab shot cleared by the US drug regulator on Sunday (February 28). China's first Ad5-nCoV COVID-19 vaccine was rolled out on Friday, the state-run Global Times reported on Sunday. Phase-I clinical trials of the vaccine started on March 16, last year, making it the world's first COVID-19 candidate vaccine that entered clinical trials, it said. It is the only single-dose COVID-19 vaccine that has been given conditional approval to be rolled out in China, the report quoted last Friday's story by the state broadcaster China Central Television (CCTV). People can get desirable protective effects after 14 days of inoculation. The protective effect can last at least six months after a single-dose inoculation and it can increase immune response by 10 to 20 times if the second dose is taken half a year after the first one, the report ... » Learn More about China rolls out first one-jab COVID-19 vaccine, rival to US’s Johnson & Johnson

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