Author: Biz India

Flipkart has shifted a significant portion of its private-label manufacturing to India in past year: report

By Aditi Agrawal – Medianama June 10 2019 – To cut costs and comply with the government’s Make in India initiative, Flipkart has moved a significant portion of its manufacturing and sourcing for private label brands, sold across 300 categories such as home appliances, furnishings, electronics, computer and fashion accessories,  from China and Malaysia to India over the past year, the Economic Times reported.  Adarsh Menon, head of private label business at Flipkart, told the newspaper that 100 percent of its electronics came from China two years ago, but that number is now down to 50 percent, He also said...

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Book Review: Illustrated Veterinary Anatomical Nomenclature, 4th edition

Editor: Georghe M. Constantinescu Publisher: Thieme – 620 pages, with 280 plates including 1,308 illustrations Book Review by: Nano Khilnani This fourth (2018) edition of the book follows three others that were published in 1992, 2007, and 2012. It contains detailed anatomies of these domestic animals: cat, dog, goat, horse, ox, pig, and sheep. The book has an immense amount of information: 6,545 Latin terms for structures. Numerous structures are shown in clear, fine line drawings throughout the 600+ pages of this extensive work. This is a definite keepsake for every veterinarian. Here is a brief overview of the...

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Job and Wage Growth Slow Sharply in May

By Dean Baker – Center for Economic Policy and Research June 07, 2019 – The Bureau of Labor Statistics (BLS) reported that the economy added just 75,000 jobs in May. In addition, the prior two months growth numbers were revised down by 75,000, leaving the three month average at 151,000. The unemployment rate was unchanged at 3.6 percent, and the employment-to-population rate (EPOP) was also unchanged at 60.6 percent. The EPOP for prime age workers (ages 25 to 54) was also unchanged at 79.7 percent. While the slower job growth reported for May is discouraging, probably the most disconcerting...

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Q BioMed Advances in Treatment of An Autism Spectrum Disorder

No effective treatment exists for estimated 250,000 children born worldwide each year (20,000 in the US) with pediatric minimally verbal autism           By Dakota Orlando                                                                                               New York, June 07, 2019 – Q BioMed, a commercial-stage biotechnology acceleration firm today announced advancements on several fronts for its key asset, QBM-001, in the treatment of pediatric minimally verbal autism (PMVA), a rare autism spectrum disorder for which no effective treatment currently exists. Globally, over 250,000 children are born with PMVA per year, 20,000 of them the United States. “Children affected by pediatric minimally verbal autism are in dire need of an effective...

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Co-working space growing 24%

By the (Philippines) Daily Tribune June 7, 2019 – Regus, the world’s leading flexible workspace provider, has launched a new franchise scheme in the Philippines. The program allows Filipino franchise operators to enter the booming workspace industry for the first time and, in turn, help Regus expand its global network. Flexible workspace, sometimes known as co-working, has become a high-growth industry in recent years. The term refers to office space, meetings rooms and co-working areas that can be rented by individual workers or companies for a temporary period, from one hour to several years. The industry is estimated to...

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