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Doctors at the Madras Veterinary College have look forward in the field of stem cell therapy for animals and suggest a revolutionary concept to the government of India to introduce an umbilical cord bank exclusively for animals in the city.

Dr B Justin William of the department of veterinary surgery and radiology, Madras Veterinary College said that so far there is only one bank present in the city that too for human beings but doctors proposed the similar bank for animals also.

According to a recent study kids watch more TV ads for fast food than sweets or beverages.

It gains resemblance with studies that indicate of television advertising influencing the short-term eating habits of children aged between 2 to 11 years.

This new study done by Lisa M. Powell, and colleagues at the University of Illinois, Chicago, stated that ads concerning to sweets between the year gap of 2003 and 2007 saw a 41 percent dip in their exposure with amongst 2-5 age group, 29.3 percent in case of 6-11 age group and 12.1 percent for 12-17 group.

At the present moment it is expected that AB Foods shall be delivering a very good progress report for its earnings for the year since its Silver Spoon sugar venture and discount clothes chain Primark get into the sturdy recital in the third quarter.

During the 16 weeks to 19 June the revenues of the group toll by 13%, abet by a 44% gush in sugar revenues and a 15% inclination at its retail business.

Moreover it is moving upward by 14% for the first 40 weeks of the financial year.

The US government has asked the oil giant BP to inform about any merger deals or any major asset sales to the government in advance as the US government continues to have a close look at the firm BP.

This unusual request came from the Department of Justice of US in the month of June.

However, according to the sources, BP has not responded to this letter yet.

The oil giant BP has been extremely criticized by the US government over handling the clean up process of the oil spill in the Gulf of Mexico which began in the month of April.

The German carmaker Volkswagen has unveiled its all new sedan Vento. This vehicle is to be launched later half of this year. It has been specially designed and manufactured in India only. The Vento will be available in both petrol and diesel versions and will have a 1.6 litre engine.

India has become a strategically grown up market for the Volkswagen Group. The Volkswagen Group has informed that it is aiming to attain 8-10% of the market share in near future. It is also anticipating that it may able to double their sales this year.

The leading space contractor of US, NASA is to cut more than 1000 jobs of the leading scientists and technicians of the world. This will be done when NASA will complete its entire space shuttle programme.

The United Space Alliance, which is responsible for the management of shuttle fleet and also handles the International Space Station of NASA, said most of the jobs would be cut in Texas and Florida.