K226T copter production marks major step in India-Russia ties: ROSTEC CEO

Panaji (Goa) [India], Oct. 16 : Russian defence manufacturer ROSTEC has said the production of K226T helicopters would mark a major step in the long-time cooperation and relationship between India and Russia.

Addressing media here, ROSTEC CEO Sergey Chemezov said Russia since the 1990's has contributed significantly to India in terms of defence cooperation, especially in the production of Sukhoi military planes.

"India has been our long time friend and our long time partner. We have been involved in multiple important projects for them for a very long time. Our joint productions have gone quite well, most notably in the 1990's we had the licensed production of the Sukhoi military planes in India," he said.

India to take on New Zealand in first ODI today in Dharamshala

Dharamshala (Himachal Pradesh) [India], Oct. 16 : The first of the five matches in the India-New Zealand ODI series will be held in Dharamsala today.

Brimming with confidence after a clean-sweep in the Test series, Team India would obviously look forward to carry on their dominance over New Zealand in the shorter format too.

The pressure will be high on Dhoni as India need to beat New Zealand by a 4-1 margin to claim the third spot in the ICC ODI rankings.

The Kiwis are currently ranked third with 113 points while India is at fourth with 110.

The pressure on Dhoni will be more because the Indian team will be without three of its key players -- Ravichandran Ashwin, Ravindra Jadeja and Mohammed Shami -- all of whom have been rested keeping the gruelling season ahead in mind.

Consumption of soy protein in early life may prevent bone loss in adulthood

Washington D.C. [US], Oct. 15 : A new research has found that early dietary nutrition heavy in soy protein isolate can protect against serious bone loss during adulthood.

This also is the first time that scientists have used an animal model to show concrete evidence of a protective effect of an early-life soy protein isolate diet on adult bone loss.

Leas researcher Jin Ran said, "Appropriate early-life nutrition can optimize peak bone mass. Consumption of soy foods has a variety of health benefits, including amelioration of bone loss during adulthood."

To make their discovery, the team used a very young female rat model.

SpiceJet seals deal for over 100 aircrafts at USD 12 billion

New Delhi [India], Oct 15 : Indian budget carrier SpiceJet has finally sealed the deal for over 100 aircrafts valued at around USD 12 billion (over Rs 80,000 crore) by next month.

Speaking to reporters at the Young FICCI Ladies Organisation (YLFO) SpiceJet's chairman and managing director Ajay Singh said, "We are going to finalize the deal in a month or so."

The low-cost carrier would also buy five aircrafts from Boeing and lease three aircraft from Bombardier this fiscal to increase daily flights and enter into newer international destinations.

"We have significant financial resources to fund the purchase of the aircrafts as we have been profitable for the past few quarters and also have significant ability to use the (credit) limits from banks," added Singh.

Aerobic activity should be accumulated in bouts of at least 10 minutes

Washington D.C. [US], Oct. 15 : A new study at Oregon State University suggests that if you are unable to achieve the target of taking 10,000 steps daily then go for smaller number but with greater intensity as it can prove to be equally beneficial for your health.

It's especially helpful if 3,000 of the steps come at a brisk pace and limiting sedentary time also plays a role in healthy readings for cholesterol and other risk factors.

Lead author of the study John Schuna said, "Some physical activity is better than none, and typically more is better than less."

Indian banks' loans rose 10.4 pct in two weeks to Sept. 30, says RBI

New Delhi [India], Oct 15 : The Reserve Bank of India (RBI) in its weekly statistical supplement released on Friday noted that Indian banks' loans rose 10.4 percent in two weeks to September 30 from a year earlier.

The report also stated that deposits rose 11.3 percent. Outstanding loans rose 2.11 trillion rupees (USD31.56 billion) to 75.21 trillion rupees in the two weeks to September 30.

Non-food credit rose 2.21 trillion rupees to 74.35 trillion rupees, while food credit fell 105.30 billion rupees to 854.60 billion rupees. Bank deposits rose 3.52 trillion rupees to 101.43 trillion rupees in the two weeks to September 30.

Pages

News in Focus

Adani Ports & SEZ Share Price Target at Rs 2,130: Motilal Oswal Research

Motilal Oswal has reiterated its BUY rating on Adani Ports & SEZ, holding a target of Rs 2,130 against a current price of Rs 1,694 — an upside of about 26 percent.

Lenskart Solutions Share Price Target at Rs 850: ICICI Securities

ICICI Securities has initiated coverage on Lenskart Solutions with a BUY rating and a 12-month target of Rs 850, implying about 23 percent upside from the current price of Rs 693.

HDFC AMC Share Price Target at Rs 3,200: Motilal Oswal Research

Motilal Oswal has reiterated its BUY rating on HDFC Asset Management Company after the fund house's analyst meet, holding a target of Rs 3,200 against a current price of Rs 2,447 — an upside of abo

LG Electronics India Share Price Target at Rs 1,925: Axis Direct

Axis Direct has reiterated its BUY call on LG Electronics India with an unchanged 12-month target of Rs 1,965, roughly 19 percent above the prevailing Rs 1,646.

Raymond Realty Share Price Target at Rs 700: ICICI Direct

ICICI Direct has initiated coverage on Raymond Realty with a Buy rating and a net-asset-value-based target of Rs 700, implying roughly 23 percent upside from the prevailing Rs 568.

Apeejay Surrendra Park Hotels Share Price Target at Rs 156:Prabhudas Lilladher Research

Prabhudas Lilladher has retained its BUY rating on Apeejay Surrendra Park Hotels after a management meeting, holding a sum-of-the-parts target of Rs 156 against a current price of Rs 112 — an upsid