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FSSAI Considers Mandatory Batch Testing For Big Spice Manufacturers Following International Recall

The proposal aims to address the fallout from Singapore and Hong Kong’s decision to recall certain spice mixes originating from India, citing pesticide residue levels exceeding permissible limits In the wake of recent recalls of popular Indian spice brands by authorities in Hong Kong and Singapore due to pesticide residue concerns, the Food Safety and […]

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Alibaba’s Logistics Division Plans $2 Bn Hong Kong IPO

Alibaba’s logistics arm aims to raise up to USD 2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March […]

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Samsung Targets AI Domination, 70% Of India Sales To Come From Smart Appliances By 2025
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Samsung Cuts Memory Chip Output On Weak Demand Amid Supply Glut

Samsung Electronics said on Friday that it was reducing memory chip production after it flagged a 95.8 per cent plunge in first quarter’s operating profit from the same period last year, as a downturn in semiconductor demand hurts it and other manufacturers of the components, according to Nikkei Asia. “The company is cutting memory production […]

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