South Korean automaker Hyundai has increased the prices of its popular hatchbacks Santro, i10 and sedan Accent across all variants by up to Rs 14,636 with immediate effect to offset rise in input cost.
A company official said, "The price hike is primarily due to rise in input cost. The price hike ranges from 1.2% to 3%." It may be noted that recently, Maruti Suzuki, Honda Siel, Toyota Kirloskar and Ford Motor India had also decided to raise prices due to similar reasons. After the latest revision, the company's flagship hatchback Santro will be costlier by Rs 3,601 to Rs 5,163 while, its premium compact car i10 will now be dearer by Rs 3,974 to Rs 7,637.
The Karnataka government and the US-based networking technologies giant Cisco Systems has signed a Memorandum of Understanding, endorsed by Chief Minister B S Yeddyurappa and Cisco chief executive John Chambers, to develop Bangalore as most sustainable place in terms of public safety, transportation, buildings, energy, health care and education.
With the aim to find who is behind the Downadup/Conficker virus, Microsoft has announced a reward of $250,000 (£172,000) to who so ever will come up with the answer. 
With the aim to go green, both LG and Samsung will next week launch prototype of cell phones that would be recharged by solar panels built into the case. 
It has recently come to vision that Vizio is mulling over to concentrate more on LCD sets and put a stop on the selling of Plasma TVs. The Southern California-based upstart has developed a successful business selling relatively inexpensive HDTVs in warehouse stores such as Costco and Sam's Club. Earlier to Vizio, it was Pioneer, maker of ultra-pricey plasma sets for home theater aficionados that announced that it is exiting the TV business altogether. 
India's Reliance Infrastructure Ltd, part of the Anil Dhirubhai Ambani group, on Friday launched a Rs 700 crore ($144 million) buyback offer to boost its share price and returns.
