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The Hona News

India revokes patent for PepsiCo’s Lay’s potatoes

NEW DELHI: India has revoked a patent for a potato variety grown exclusively for PepsiCo Inc’s popular Lay’s potato chips, according to an order issued on Friday by the Protection of Plant Varieties and Farmers’ Rights (PPVFR) Authority. In 2019, PepsiCo sued some Indian farmers based in Gujarat for cultivating the FC5 potato variety, which has a lower moisture content required to make snacks such as potato chips. Withdrawing the lawsuits the same year, the New York-based company said it wanted to settle the issue…

Here’s why experts don’t think Omicron will impact India’s aviation sector

Since October 18, scheduled carriers have been allowed to operate up to 100 per cent of their pre-COVID-19 capacity on domestic routes Can the impending third wave of the coronavirus pandemic and discovery of the Omicron variant negatively impact Indian carriers? Well, the jury is still out with industry insiders saying that domestic operations are likely to remain largely unaffected with some impact visible only on international operations that anyway remain suspended. According to data made available by the aviation regulator Directorate General of Civil…

India has stepped up surveillance amid growing Covid cases, says Mandaviya

NEW DELHI : Threat of the new highly mutant coronavirus variant omicron looms large in the country with centre and states stepping up their surveillance and virus containment measures. Union Health Minister Mansukh Mandaviya on Friday informed Parliament that so far, RT-PCR tests of 16,000 passengers from ‘at-risk’ countries have been conducted, of whom 18 have tested positive for Covid-19. “Genome sequencing for Omicron detection is underway for such passengers," said Mandaviya. A day after India’s first two cases of were found in Karnataka, the…

What are Google’s plans for India? CEO Sundar Pichai explains

We want to support companies in India to solve newer things, Google CEO Sundar Pichai on Friday, adding that it is an important and exciting time in India. Speaking at the HT Leadership Summit 2021, Pichai said that it is heartening to see the number of startups proving themselves on a global stage and unicorns getting created. "For us, we want to help in a few ways. Last year, we committed USD 10 billion to the India Digitisation Fund and as part of that, we…

Centurion Agarwal leads India’s fightback against New Zealand

Cricket – Second One Day International – Australia v India – Sydney Cricket Ground, Sydney, Australia – November 29, 2020 India’s Mayank Agarwal walks off after being dismissed by Australia’s Pat Cummins REUTERS/Loren Elliott MUMBAI, Dec 3 (Reuters) – India opener Mayank Agarwal hit a gritty hundred to rescue the hosts after New Zealand left-arm spinner Ajaz Patel had put them in a spot of bother with three quick wickets on the weather-hit first day of the second and final test on Friday. Agarwal remained…

Mysterious lights in sky in Punjab’s Pathankot leave locals stumped

‘UFO-like’ object spotted in sky by locals in Punjab’s Pathankot. Mysterious lights were spotted in the sky in Punjab’s Pathankot on Friday, leaving the locals stumped. The locals claimed that the lights were spotted at around 6.50 pm for five minutes. Jump to navigation Load….. Mysterious lights in sky in Punjab’s Pathankot leave locals stumped Volume 90% Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts Play/PauseSPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Offc Fullscreen/Exit Fullscreenf Mute/Unmutem Seek…

Goldman Sachs plans return to Indian real estate with $2-3 billion investment

Goldman Sachs plans to invest $2 billion to $3 billion in India’s real estate over the next three years, people familiar with the matter said. The move is part of the global investment bank’s plan to put in $30 billion in alternative investments in Asia over the next five years, they said. Goldman Sachs is looking to come back to India’s property market amid a revival in residential real estate after going slow on this sector in the past decade following the global financial crisis.…

Tata Sons shortlists an expat CEO for Air India, members for new board: Report

Ahead of its official takeover in January 2022, Tata Sons has shortlisted an expat CEO to lead Air India. The company has also shortlisted members for reconstituting the board of the airline, according to an Economic Times report. However, a formal announcement is expected in January 2022, the report said. While the new Air India CEO will finalise the management team for the national carrier, the members of the Air India board will have officials from Tata Sons, group aviation experts, and a retired government…

Global Hunger Index doesn’t reflect India’s true picture; index flawed measure of hunger: Govt

NEW DELHI: The Global Hunger Index (GHI) does not reflect India’s true picture as it is a flawed measure of hunger, the government said on Friday. In a written reply in the Rajya Sabha , Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said the India’s ranking is 101st in the Global Hunger Index (GHI) 2021 brought out by Concern Worldwide and Welthungerhilfe. Nepal and Bangladesh are ranked 76 and Pakistan is at the 92nd place, she said. As per the GHI…

India Accelerator to add 2.5 lakh sq ft of flexible space by FY22-23

Representative image India Accelerator that operates coworking spaces in NCR has planned to double it operational portfolio to 110,000 sq feet by March 2022 with plan to open centres in Pune, Ahmedabad, Bengaluru and Hyderabad. "Now that the companies are resuming businesses, the coworking spaces are expected to see gradual penetration in the coming months. Bigger enterprises will look for smaller spaces to accommodate their employees on a shift basis,” said Abhay Chawla, COO, India Accelerator. With investment pipeline of one million USD, the company…

Kangana Ranaut’s car surrounded by farmers in Punjab’s Kiratpur

Actor Kangana Ranaut’s car surrounded by farmers in Kiratpur. Actor Kangana Ranaut alleged her car was surrounded by farmers in Punjab’s Kiratpur on Friday. The incident took place in Bunga Sahib, Kiratpur Sahib on Chandigarh-Una Highway. Visuals from the area showed the actor’s white car surrounded by a large number of farmers. Police personnel could also be seen there, managing the crowd. Actor Kangana Ranaut’s car surrounded by farmers FIR by Kangana: Actor allegations threats over posts on farmers’ protests Actor Kangana Ranaut on Tuesday…

L&T, Kemroc ink pact for distribution of cutting-edge products in India

Larsen & Toubro (L&T) on Friday said it has entered into a pact with Kemroc , a global manufacturer of attachments for excavators and backhoe loaders, to distribute the latter’s cutting-edge products in India. The agreement covers Kemroc-developed special attachments, including its patented EK series of chain cutters. These chain cutters are a game-changer in rock trenching and are well accepted across the world, including India. "Larsen & Toubro…and Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, have entered into a distribution…

India’s travel guidelines due to Omicron threat: List of countries on restricted list, quarantine requirements

India’s updated travel guidelines due to Omicron threat New Delhi: In light of recent events and the widespread omicron scare, the Indian government has updated travel guidelines for passengers arriving on international flights. These guidelines take into consideration the pre-arrival, post-arrival, and quarantine measures and were scheduled to come into effect from December 1, 2021. Passengers arriving in the country from various points of entry – airports, seaports, and land borders – are required to abide by the guidelines and sign an undertaking. The passengers…

Talking Points This Week: A Study In Contrasts

In ‘Talking Points This Week’, Niraj Shah studies how top business leaders and market makers are navigating the pandemic-altered financial landscape. Nothing was spared. And everything bounced back. The volatility, technically, didn’t start this week, but certainly became the conversation point for the week. The wreckage, when it happened, was not restricted to equities. Crude was down. Bitcoin went down too. But while it was starting to look all gloomy, equities bounced back—seemingly because they were… ‘oversold’. Ahem! Amid all this volatility, the only thing…