Fujitsu Rolls Out ‘The LifeBook U1010’ In Indian Market

Fujitsu has rolled out a 3.5G-enabled mobile companion, named ‘The LifeBook U1010’ in the Indian market, which it claimed to be the world’s smallest tablet-convertible ultra mobile PC (UMPC).
It offers users a first-class combination of function, superiority, method and infinite connection. It weighs just 630 grams.
Powered by Intel processor A110 with 800MHz of processing power, the U1010 consists of newly designed 0.2 mm aluminum plated QWERTY keyboard and sports a 5.6-inch SuperFine WSVGA display that is a Passive Touch Panel with 1024×600 pixels resolution. The U1010 has dimensions of 171mm (w) x 133mm (d) x 26.5-32.0mm (h). Besides, it has a palm resistance touch screen that permits the fingers to do the work, without a stylus.

Deep Sleep Necessary To Keep Diabetes At Bay

Deep SleepChicago: Diabetes risk increases with lack of sleep, according a new study.

US researchers said that deep, restful sleep is good for keeping Type 2 diabetes at bay.    

In study findings, the researchers observed that slim, healthy young adults who do not experience the deepest stage of sleep known as slow-wave sleep developed insulin resistance- linked to Type 2 diabetes just after three nights.

Eve Van Cauter, a professor of medicine at the University of Chicago, said, “It demonstrates the importance of deep sleep not only for the brain, but for the rest of the body.”

RBI plans to permit FIIs to short sell, lend and borrow equity shares from 1st Feb, 08

RBIThe Reserve Bank of India (RBI) plans to permit Foreign Institutional Investors (FIIs) registered with market regulator SEBI and sub-accounts of FIIs to short sell, lend and borrow equity shares of India companies from February 1, 2008.

However, the entire FII short selling, lending and borrowing mechanism will be subject to the current FDI policy, which allows FDI ranging from 26% to 100% across different sectors.

RBI said in a notification on its web site that the short selling of equity shares by FIIs shall not be permitted for equity shares that are in the ban list and /or caution list of Central Bank.

Queen Elizabeth II becomes Britain's oldest-ever monarch at 81

London, Dec 21: Queen Elizabeth IIQueen Elizabeth II has become the oldest-ever living monarch of the United Kingdom at the age of 81.

Born on April 21, 1926, Elizabeth ascended the throne in February 1952, when she was 25 years old.

Over the years Elizabeth has seen many things, which include becoming a grandmother for the eighth time, with Prince Edward and his wife Sophie welcoming a baby boy.

Also, the Queen has received many unusual gifts including jaguars, sloths, beaver, an elephant, pineapples, eggs, snail shells, maple trees and 7kg of prawns.

RBI Finally Tighten Banks’ Capital Market Exposure

RBIReserve Bank of India (RBI) has finally tightened banks’ capital market exposure by implementing new rules and regulations.

In a circular, RBI has told that entities such as FIIs are not permitted to avail of fund or non-fund based facilities such as irrevocable payment commitments (IPCs) from banks, under the provisions of the Foreign Exchange Management Act (FEMA). The banks have been asked to unwind all such guarantees given on behalf of FIIs within six months.

RBI’s Restriction On Foreign Venture Capital Funds

RBIMumbai: The central bank (RBI) has specified that the foreign venture capital (VC) funds those kick in a part of the investment upfront, will get entry to Indian markets.

The condition laid down by RBI is related to some credible capital obligation before obtaining a formal registration.

Typically, a new foreign venture capital fund first forms an investment holding company in Mauritius with rudimentary capital, often not more than a few dollars. The investment company then files for registration with Indian regulators, and once it gets the approval overseas investors are gradually roped in.