Knowledge Update

​New Delhi, March 29 (IANS) The global real estate market is pegged to cross $1 trillion in 2016 - 6 percent higher than in 2015 - and India's property sector is likely to benefit out of it too, a survey said on Tuesday.

​Hyderabad, March 29 (IANS) German luxury car manufacturer Mercedes-Benz on Tuesday launched the S400, a new variant of its flagship luxury model, the S-Class.

It also plans to launch nine more models in India during the current year.

​Moscow, April 29 (IANS) Russia has become the world leader in wheat export, surpassing the US and Canada.

"Russia supplies about 25 million tons of wheat on the external market by the end of the agricultural 2016 year. We became the world's leading wheat exporter, surpassing the

​New York, March 29 (IANS) Patients with skin infections are less likely to take all their prescribed antibiotic doses after leaving the hospital, resulting in new infection or needing additional treatment for the existing skin infection, says a study.

The researchers found that patients with S. aureus skin and soft tissue infections took, on average, just 57 percent of their prescribed antibiotic doses after leaving the hospital.

"These findings suggest that we need better methods to have patients receive antibiotics for skin infections, such as counselling them on the importance of adhering to the medication dosing or by using newer antibiotics that require only once-weekly dosing," said lead researcher Loren Miller from Harbor-UCLA Medical Centre in California, US.

The study, published in the journal Antimicrobial Agents and Chemotherapy, followed 188 patients who had been hospitalised and suffered S. aureus associated skin and soft tissue infections. 

The researchers measured antibiotic dosing by using medication containers fitted with electronic caps that reported when the patient opened the antibiotic container. 

By using this measurement system, the researchers found a large discrepancy in patient reports and the electronic measurement. 

Patients reported taking, on average, 96 percent of their medication, or nearly twice the 57 percent reported by the electronic caps.

The researchers were able to obtain complete records on 87 out of the 188 patients. Of the 87 patients, 40 needed additional treatment within 30 days of leaving the hospital. They had a new skin infection, required incision and drainage of their infections or new antibiotics.​

New Delhi, March 29 (IANS) India on Tuesday permitted conditional foreign equity in the retail e-commerce segment when the products sold are also manufactured in the country, as also for single-brand foreign entities with physical retail chains that want to go for online merchandise.

​Hyderabad, March 29 (IANS) Hyderabad based start-up Bulbulapps announced on Tuesday that its first crowd funded learning app "TUK-TUK goes to Hyderabad" has gone live.

The app is now available for download in Apple, Google and Windows app stores. The $2,000 app project was backed by over 60 backers.

Mumbai, March 30 (IANS) Having suffered nearly $3 billion in losses on its UK operations, Tata Steel is exploring to put its entire portfolio there up for sale, some 10 years after it forayed into Europe by acquiring Anglo-Dutch Corus for over $8.1 billion).

​Chennai, March 30 (IANS) In a $293 million cash deal India's Sun Pharmaceutical Industries Ltd. has agreed to buy 14 established prescription brands from Novartis AG and Novartis Pharma AG in Japan, the Indian company said.

​Tokyo, March 29 (IANS) Japan's parliament on Tuesday approved a record $852 billion budget for the next fiscal year which begins on April 1.

The upper house approved the budget, which is 0.39 percent higher than the existing budget, with majority support from the ruling Liberal Democratic Party, after the lower

Beijing, March 29 (IANS) China will expand its power pricing reform nationwide in 2017 following a two-year pilot period in several regions to open the electricity industry, an official said on Tuesday.