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IIM Ahmedabad raises PGPM fees by Rs.1 lakh for 2010 batch

Indian Institute of Management, Ahmedabad (IIM-A) For its two-year postgraduate programme (PGP) in management, Indian Institute of Management, Ahmedabad (IIM-A) has raised its fees by Rs. 1 lakh, which means a rise of Rs. 50,000 in each of the two years.

The new fee structure will affect the students securing admission in the academic year 2010. They will have to pay Rs. 12.5 lakh for the PGPM - which means a break-up of Rs. 6 lakh instead of the earlier Rs. 5.5 lakh for the first year; and Rs. 6.5 lakh in place of Rs. 6 lakh for the subsequent year.

“IBM positioned to lead” says Chairman Palmisano in letter to stockholders

IBMWith the IBM - International Business Machines Corp. - stock having done better than the company's large-capital technology contemporaries,

Chairman and CEO Samuel J. Palmisano, in a letter to the stockholders, expressed optimism that IBM is "positioned to lead in the era that lies on the other side of the present crisis."

Saying that IBM is confident of thriving despite the economic downturn, as the company plans to develop money-saving computer services, and spread out further, by the way of the so-called 'cloud computing' concept of delivering software, data and computing power over the Internet.

Yamaha launches another 150 cc bike christened ‘FZ-S’ in Indian Market

Yamaha launches another 150 cc bike christened ‘FZ-S’ in Indian Market After grand success of muscular and hottest-looking bike FZ16, India Yamaha Motor (IYM) has come with another new bike 'FZ-S' priced at Rs 67,000 (ex-showroom Delhi).

The FZ-S, a 150cc motorbike, will be available in two colours -- Yellow Streak and Silver Tech to Indian consumers.

Defendants of The Pirate Bay file-sharing case go on trial

Internet piracyIn a case pertaining to copyright theft, four men working at The Pirate Bay file-sharing Web site go on trial in Stockholm. All four of them - Peter Sunde, Gottfrid Svartholm Warg, Carl Lundstrom, and Fredrik Neij - were supposedly accomplices in breaking copyright law.

If convicted, the four men face a fine of $143,500, and a two-year prison term.

Incongruity about the real value of Facebook’s stock

FacebookThe real value of Facebook's stock appears to have become a contentious issue - while a $240 million investment by Microsoft for a 1.6 percent stake in the company in 2007, puts Facebook's value at $15 billion, the company claims its own evaluation to be $3.7 billion.

In June last year, Facebook's self appraisal pegged the price of its privately held stock at $8.88 per share; while the Microsoft investment put the related figures at $35.90 per share.

The incongruity with regard to Facebook's actual worth has come to light because of the revelations pertaining to the Palo Alto-based company's $65 million lawsuit settlement with ConnectU.

Social Networks can lend a helping hand in developing business

Social networking logoIt is quite well accepted fact that social-networking traffic is increasing with every passing day. Monday had lot of things for Technology writers to talk about as Compete. com came out with latest numbers for the month of January.

The results were astonishing as for the first time in a survey; Facebook was in the lead, with nearly 68 million unique visitors, well ahead of the News Corp.-owned MySpace's 58 million in U. S. traffic.

Garmin and Asus team up to manufacture co-branded smartphones!

Garmin and Asus team up to manufacture co-branded smartphones! The GPS device-maker Garmin and the PC components-maker Asus have teamed up to manufacture co-branded smartphones; and they intend bringing the so-manufactured devices at "attractive" prices to the US market!

Microsoft’s IE losing market share; Chrome and Firefox gain

Microsoft’s IE losing market share; Chrome and Firefox gainLatest data put forward by Net Applications on Monday, suggests that
last month saw market share of Internet Explorer fall down as Mozilla's
Firefox, Google's Chrome, and Apple's Safari experienced small gains.

The data also said that the top spot was held by Microsoft's IE, with
“67.55 percent of the browser market, though that was down .06 percent
from last month and down 7.92 percent from the same time last year.”

The number two spot was held by Firefox with 21.53 percent market share

Industry's First 2 TeraByte Hard Drives launched by Western Digital

Industry's First 2 TeraByte Hard Drives launched by Western DigitalThe maiden 2 terabyte (TB) hard drive was today announced by WD. As per industry experts, this hard drive is the world's highest capacity drive and the newest member of WD's well-liked, environmentally friendly, cool and quiet, WD CAviar Green hard drive family.

It should be noted here that the latest 3.5-inch platform is based on WD's industry-leading 500 GB/platter technology (with 400 Gb/in2 areal density) with 32 MB cache, producing drives with capacities of up to 2 TB.

Sales of Asia PC down 5 pct in Q4, first fall in a decade

Sales of Asia PC down 5 pct in Q4, first fall in a decadeThe Q4 saw a decline in PC sales in Asia by 5% compared to a year earlier. It should be noted that it is the region's first such decline in a decade and it has come due to the global downturn causing decline in demand.

The data tracking firm International Data Corp said that the fourth-quarter drop in Asia, excluding Japan, was well ahead of 0.4 percent drop in global PC sales for the period.

It should be specified here that since Q3 of 1998, it was the region's first decline.

BSE Sensex closes 196 points higher, NSE Nifty gains 70 @ 3.30 p.m.

Indian Stock markets opened strong on Monday and gained further ground during first few hours. The markets, however, could not sustain at higher levels and slipped during the last one hour of trading session. BSE Sensex closed at 9161 with a gain of 196 point. NSE Nifty closed 70 points higher at 2784. Buying was witnessed in select counters in Power, Telecom, Real Estate, Metals and Capital goods sectors.

BSE Sensex touched and intraday high of 9432 and a low of 9095.

BSE Auto index started the day stronger but towards of the end of the session, ended only 1.2% up. Banking, Capital Goods, Metals, PSU and Technology counters ended the day stronger. Midcap stocks were marginally down while smallcap stocks gained.

Effie 2008: Lead India makes JWT agency of the year

At the Effie 2008 awards, JWT India and Bennett, Coleman & Co managed to gather the limelight. The agencies were awarded last night at Mumbai’s Turf Club. The moment was a perfect replay of this year’s Cannes Lions awards. 

The Lead India campaign for The Times of India, revived its magic all over again by claiming four big awards—including the prestigious Grand Effie—that were given last night, following making a good impression on Cannes juries and winning India’s first ever Grand Prix Lion in June this year. 

Asus Eee PC 1000H to be Replaced by 1002HA

Asus Eee PC 1000HSoon, the Asus Eee PC 1000H model of netbooks would be replaced by the company with the 1002HA. Though almost similar design is featured by the new netbook, it has a thinner profile.

A brushed metal external shell and front mounted speakers and the same system specifications as the older model with a 1.6 GHz Intel N270 Atom Processor, 1GB of RAM, 160GB hard disk would also be featured by 1002HA. The new model will be powered by Windows XP.

Google SearchWiki to Customize Search Results

Google SearchWiki to Customize Search Results Google is all set to open its search results to annotation, alteration, and public comment with the aim to enhance user engagement and improve ad revenue potential. 

On Thursday, Google unveiled SearchWiki, a way to customize search results as they appear to one specific Google Account. The good thing is that users can re-rank search results, delete them, add new ones, and maintain notes about specific sites. 

Markets welcome Touch-screen BlackBerry

Markets welcome Touch-screen BlackBerry On Friday, Research In Motion Ltd. unveiled its first touch-screen BlackBerry device in the U.S. market. The launch saw long queues of customers standing in lines to grab their very own touch screen BalckBerry Storm. However, the question still remains that how will the new touch screen BlackBerry Storm compete against its biggest rival Apple-iPhone. 

Apple’s iPhone 2.2 Software Hits the Street

Apple’s iPhone 2.2 Software Hits the Street The users of Apple iPhone can now download iPhone 2.2, which helps would help them a lot in navigation as it offers easy way to find directions to a particular place. All the users need to do is click on Google Maps once they have downloaded iPhone 2.2. 

Moreover, Apple has even added novel podcast availability and e-mail functions in iPhone 2.2. One good thing is that users don’t need to learn a lot and won’t have to sit for long period of time in order to download and install it. It works just right away. 

Cabinet gives green signal for Biotech Institute at Faridabad

Cabinet gives green signal for Biotech Institute at FaridabadThe Union Cabinet on Thursday gave its consent for the setting up of a UNESCO regional centre for training and education in Biotechnology at Faridabad, on the outskirts of Delhi.

The revised budget for the project has been set at Rs 99.55 crore. 

BlackBerry maker Research in Motion launches counterattack against iPhone

BlackBerry maker Research in Motion launches counterattack against iPhoneFor the past few years, BlackBerry, a phone and an Email device could be found clipped to the belts of high-powered professionals. However, it seems that the same device is not working for the company anymore, with iPhone picking up bigger market share. 

Motorola MOTO VE66 phone announced

Motorola MOTO VE66 phone announced The latest MOTO VE66 phone that has enhanced CrystalTalk audio technology has been announced by Motorola. The new phone has many exciting features like a 5-megapixel camera, MP3 player-like navigation, crisp images and an amazing audio experience. The slider set also has the first widgets integration that offers users seamless access to favorites like sports scores, stock tickers or RSS feeds. 

Oral Spray Launched for Diabetics

Oral Spray Launched for DiabeticsShreya Life Sciences announced the launch of the world's first oral insulin spray as an alternative to the insulin injections. Launched under the brand name, "Oral Recosulin", the spray is a recombinant DNA human insulin buccal spray and has been approved for marketing in India while in the U. S. it is in Phase 3 of the trials. Mr Ram Shelat, Director Shreya Life Sciences said, "It has been approved for marketing in India. We are waiting for price approval, and by the first week of December, it will be available in the Indian market."

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