Hyundai-Kia’s $300 Mn investment in Ola finally receives CCI nod

Hyundai and Kia Motors’ $300 million investment plan in ride-hailing juggernaut Ola has finally received a green signal from the Competition Commission of India (CCI). The antitrust watchdog has approved the acquisition of shares in Ola’s parent entity, ANI Technologies & Ola Electric by Hyundai Motor and its affiliate Kia Motors subjected to compliance of modifications. With the collaboration, most of the new investment will be infused into ANI Technologies. Furthermore, Hyundai and Kia will take a minority stake in Ola Electric. This investment round may also witness participation from Microsoft and…

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Over 30 mn diabetics in India in one decade: Experts

In the last one decade, the number of diabetes patients in India increased by over 30 million due to sedentary lifestyle and erratic schedule mostly common in the age group of 20-40 years, said the country’s leading diabetic experts on Monday . Their statistics stated that in the early 2000, there were around 31.7 million persons diagnosed with diabetes and by 2015, the figure increased to 62 million. “This change is due to the erratic food timings, sleep, unhealthy lifestyle, physical inactivity and other erratic patterns of lifestyle. Such changes…

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70 mn Indian women consume smokeless tobacco, many to kill hunger

70 mn Indian women consume smokeless tobacco, many to kill hunger A whopping 70 million Indian women above age 15 use smokeless tobacco (SLT), which alone constitutes 63 per cent of the world’s SLT consumption, according to a Union Health Ministry report on SLT. The first-ever comprehensive report by the ministry, launched at the ongoing World Health Organization’s (WHO) Framework Convention on Tobacco Control (FCTC) here, also stated that one factor influencing SLT use among disadvantaged women is the desire to suppress hunger while performing difficult and laborious tasks. “Easy…

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Health Weekly Roundup: Diwali air over north India world’s worst, air pollution behind 1 in 10 under-5 deaths, new breast cancer cases to rise to 3.2 mn a year by 2030

This week was filled with important medical discoveries, researches and health news. To ensure that you don’t miss any, we bring you a weekly roundup. Here is this week’s aggregation of the latest news stories on health, fitness and diet. Delhi chokes on worst Nov smog in many years The air quality index for 4 pm on November 2 was 432, in the “severe” category, while the index on October 31 (post Diwali) was 445. At 14 times the safe limit, Ggn breathes fire Concentration of PM 2.5 touched the…

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New breast cancer cases to rise to 3.2 mn a year by 2030

New breast cancer cases to rise to 3.2 mn a year by 2030 (Chad Baker/Getty Images) By 2030, the number of women diagnosed every year with breast cancer could almost double to 3.2 million and cervical cancer cases can rise at least 25 per cent to over 700,000 globally unless urgent action is taken, a study has cautioned. India and China are two countries with the largest number of women with breast and cervical cancer, show the findings of the study, published in the Lancet. Globally, cervical and breast cancer…

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