Orange soon to offer calls with HD Voice
Mobile network operator Orange seemingly is on the surge to become the first ever service provider to offer high-definition voice calls via its new service called as HD voice feature. According to a report by the France-Telecom company the design has been made so to cut out on the background noise and offer better voice clarity.
Two Scottish biotech firms merged
Two biotech firms of Scotland have merged under a deal to target the emerging biotech markets of the world. The Aberdeen based Grampian BioConsultants have merged with another biotech company ImmunoSolv of Edinburgh to work combined with their expertise in immuno-technology and immunology.
The companies are hoping that the combination will allow both of the companies to exploit their potential in the global markets. The newly formed combined company will retain the name of ImmunoSolv.
Kingfisher Airlines plans fund raising, shares up
Indian airlines company, Kingfisher Airlines has said that it is planning to go for fund raising. Post the declaration, shares of the company shot up on the bourses.
During the day, shares of the company gained 3 per cent as more and more investors got interested in the plans of the company.
CIL to set up power plant to use excess coal
On Tuesday, Coal India Ltd said that it wants to use the excess coal that it has with itself and to be able to do that it plans to start a captive power plant.
The world's largest coal maker has said that it is now trying to set up a tie-up with SAIL and/or Tata Steel for e-commerce and that it plans to have a 50:0 partnership.
Jetstar to expand its big city routes
According to reports, the Australian airline Jetstar is going to expand its routes out of Sydney and Melbourne under its major expansion plan to tackle with the low fare wars with Virgin Blue and Tiger. As per its plan the airline will add 820,000 seats per year in both markets and it is planning to boost its capacity by 30%.
Australian companies not happy with the reforms to the privacy laws
Most of the largest companies of Australia have expressed their fears of a big rise in compliance costs because of the reforms to the privacy laws of the country. As per the reports, the companies including Westpac, National Australia Bank, Telstra and Coles Supermarkets have said the proposals must be softened to ease the pressure of costs.
Tata Power in talks to acquire stake in InterGen
Tata Power has entered in to talks to purchase a 50% stake US-based power utility InterGen NV from GMR Infrastructure, according to a report.
GMR Infrastructure had acquired the 50% stake in the company for around $1.1 billion from a fund owned by American International Group Inc. the rest of the firm is owned by Ontario Teachers' Pension Plan.
Jet Airways to raise $ 400 million
Leading private Air carrier, Jet Airways has said that it is planning to raise $ 400 million through a share sale to foreign institutions.
The company has sought permission from the government to dilute up to a 20 per cent stake. It plans to invest Rs 450 million in MAS GMR Aerospace Engineering Company
HTC Desire appeals for being flexible
The recently launched HTC Desire, which is the top model of the Taiwan based manufacturer, has been well received in various markets due to the flexibility it offers to its users. The Android-based device is customizable in many ways and it can also be rooted and un-rooted easily.
Social networking site Tribe to bring investors, costumers and small businesses all together
The social networking site Tribe is thinking optimist and wants to combine and secure the customers, investors and small businesses. Serge Bueno, who had re-launched the soft drink company SodaStream is now concentrating on its new project named Tribe.
Under the project the company will help the new age investors and business leaders to start their business career in a readymade market.
Tesco to launch first ever drive through supermarket in the UK
The first ever drive through supermarket of UK, Tesco Extra is to be launched by Tesco in this week. This is to be launched at Baldock and Hertforshire as a trail but if it gets success it would be launched across the UK. The customers will be able to order their required items online and then they can pick them up at the supermarket.
PTC shares rise as its unit gets 'infrastructure finance company' status
The shares of PTC India rose close to 4.84% to Rs 124.50 as the company’s unit PTC India Financial Services (PFS) received the status of an ‘infrastructure financial company’ by the Reserve Bank of India (RBI).
Canon unwrapped his three powershots
Recently canon has revealed its powershot line of 3 Elph model cameras with lightweight and 10X optical zoom into a slim package as important characteristics.
BT to offer faster broadband for 140,000 North West citizens
A news of rejoice for the inhabitants of Allerton, Kirkham, Middlewich, Penrith and a number of other exchanges around the North West comes from BT who pledges to provide a better, faster broadband service.
Considered to be a part of its 21CN programme, BT has stated that it will release a faster broadband service in twenty communities of the region, expanding in over140,000 homes and businesses. The process is believed to get over by spring 2011.
Nokia tags in mobile analytics company Motally
Nokia’s latest acquisition speaks of Motally, a small mobile analytics firm of California origin.
Motally is an eight people company that helps develop technology to keep a tab of usage of mobile websites and applications.
Nokia will soon be expanding its expertise in order to keep a track of how the phone devices work in US, in order to facilitate with better targets and at the same time improvise the same in future.
Virgin Media VM202 budget rolls out
Virgin Media in association with Alcatel has rolled out its budget plans for the year.
The VM202 comes with the latest “soft touch” QWERTY sliding keyboard, and sports a “dazzle pink” colour scheme, for merely £30 on PAYG.
Virgin to sell its half of UKTV
It appears that Virgin Media will be selling off approximately half its stake in UKTV which it jointly owns with BBC World.
UKTV boasts of channels such as Dave and Gold, which broadcasts comedies which are re-runs and other classic shows. It also airs ten channels in total, with a list of channels such as Alibi, Home, Good Food, Blighty and Yesterday.
Duet has a great business year in 2010
Despite of the financial crisis some Australian company still on top of their game. The Duet Group has reported an unbelievable 140 million dollar profit in this year despite of the crisis. The company had lost 62.3 million dollars in the previous year.
Now after being successful in the Australian market, the company is now looking forward to target the US market.
Tata Motors launches new Indica V2 Turbomax variant
Auto major, Tata Motors has announced the launch of a new vrient of its popular car Indica named the ‘Indica V2 Turbomax’.
The hatchback can comfortably provide seating for five people with the widest cabin in its segment. The car is powered by 1.4L turbocharged producing a maximum output of 71 PS @4500 RPM and a maximum torque of 135 Nm @2500rpm. The engine is fuel efficient and is complaint with the BS4 norms.
Sony Ericsson expands smartphone lineup in India
Sony Ericsson expanded its smartphone line up India on August 19 with the launch of four new handsets, X8, Cedar, Yendo & Spiro in the country.