Weekend News<br />Submitted By:<br />NehaSingla<br /> MBA 2C<br />
Motorola hopes to launch tablet computer by early 2011<br /><ul><li>Mobile phone giant Motorola is looking at launching its tablet computer early next year, as the firm hopes to expand its product line beyond cell phones.
The tablet would be Motorola's answer to Apple's iPadwhich has dominated the market since its launch in April this year," added Jha. Apple said in June that it has sold three million of its iPad tablets
Jha has tried to turn around Motorola's troubled cell phone business by refocusing it on smart phones powered by Google Inc's Android operating system.
Google has made clear it doesn't think the latest version of Android, called Froyo, is appropriate for tablet devices</li></li></ul><li><ul><li>Jha is eager to get into the tablet business, but indicated that he is thinking about new forms of mobile computing.
He is also interested in models that are "even more smartphone-centric. Other phone makers have also been lining up their tablet computers to take on the iPad.
Samsung Electronics unveiled its seven-inch Galaxy Tab in the US market today, while Dell too launched a five-inch tablet. </li></li></ul><li>Microsoft's new IE9 promises zippier performance<br /><ul><li>Microsoft says a ``beta'' test version of Internet Explorer 9, its newest Web browser software, is now available for download.
Microsoft Corp.'s updated browser taps into powerful processors on newer computers to make websites run faster
The IE9 frame around websites is now translucent, and there are few buttons. That means more of the screen space can be devoted to the website's contents.
The new browser lets people treat websites like programs on Windows 7 computers. They can ``pin'' sites to the task bar at the bottom of the screen, creating a one-click shortcut.
IE9 can only work on PCs with Windows 7 or Vista. It doesn't work on older Windows XP computers or on Macs.</li></ul> <br />
BHEL to invest Rs 1,200 cr in R&D by 2012<br />(BHELisrevamping its production processes to develop low cost and more efficient equipment as it seeks to counter the threat of cheap imports from China<br />The company plans to increase its expenditure on research and development (R&D) by almost 50% to Rs 1,200 crore by 2011-12<br />Bhel invested 829 crore in R&D with prime focus on economical power equipment that have high efficiency<br />Bhel has been able to expand the load on existing power equipment to generate more power without much additional cost. <br />BHEL has introduced rating sets of 600 mw in the sub-critical league that match Chinese 660-MW super critical sets in efficiency without escalating the cost of the equipment. <br />
The company has introduced equipment and enhanced the rating of 500 mw sets to 525 mw and 250 mw to 270 mw. <br />The company recorded a jump of 37% in profit-after-tax (PAT) to a record 4,311 crfor the fiscal ended March, 2010. <br />Its turnover during the fiscal also grew 22% to an all-time high of Rs 34,154 cr. <br />The company has secured orders worth Rs 59,037 crfrom domestic and international clients in 2009-10, of which about 90% came from the private sector<br />The current order book of the company stands at Rs 1,44,000 cr.<br />There would be increased focus on low carbon path technologies such as Ultra Supercritical technology, IGCC and Solar Power. <br />
High price to be no deterrent for festive gold sales<br />Despite gold having crossed Rs 19,000 per 10 gram, India’s leading gold jewellery retailers are gearing up for higher sales during this festival seas<br />Retail chains such as Tanishq, Gitanjaliand others are expecting 40% growth in festival demand this year.<br />They are expecting 40% more sales in value term and 20% more sales in volume terms .People are buying the yellow metal and expecting 40% higher sales in the domestic market in volume terms compare to the year-ago period<br />The Bangalore headquartered company has plans to open around 80 outlets under the brand name of ‘Subh’ in major cities with an investment of Rs 900 crore in the next two quarters. <br />
According to senior member of the Bombay Bullion Association, India may import approximately 450 tonnes of gold in 2010, which is 31% higher than the 343 tonnes of gold imported in 2009<br />The ‘Tanishq’ brand has lots of aspirant value and planning to achieve around 40% higher sales by leveraging it.<br />Tanishq currently has 120 showrooms across the country and plans to add 14 more by March 2011. <br />The international prices of gold is around $1259 an ounce, while platinum prices for the same quantity is little higher at $ 1530.<br />The BSE-listed company has 80 shop-in-shop outlets under the brand name ‘Diti’, and plans to expand it further at high end luxury retail spaces.<br />The general perception is that prices may rise to over Rs 20,000 in the next two quarters due to uncertainty over the global economic recovery, which is fueling investment in precious metal<br />
Yahoo! seeks to ease tensions with Alibaba<br />Yahoo! chief executive Carol Bartz sought to ease tensions with Alibaba Group, the Chinese e-commerce giant in which the California Internet company holds a 39 pc stake. <br />Their investment as a shareholder in Alibaba Group is strategic and a great one for our company and our shareholders<br />Yahoo! had rejected Alibaba's partial sale offer and Yahoo! had countered with a very different proposal which was unjustifiable.<br />Alibaba Group sold the 39 percent stake to Yahoo! in 2005 in exchange for control of Yahoo!'s China operation and one billion dollars. <br />The Alibaba Group owns China's largest online consumer ecommerce site Taobao as well as wholesale platform Alibaba.com. <br />Yahoo! Hong Kong was considering taking online advertising from companies in China, which would put the two firms in competition. <br /> <br />