In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India.
The company intends to make LED range with the help of vendors spread across Kolkata, Delhi and Daman. However, on receiving good response, the company may set up its own manufacturing base in India.
The latest move is in line with the company's vision to deliver energy conserving solutions.
It has recently come to vision that Norway has dropped its legal complaints against Apple, which it made in 2006. The confirmation came on Wednesday from the official sources.
Earlier, when the legal hammer was thrown by Nordic powerhouse upon Apple, even the Consumer Ombudsman Bjorn Erik Thon was involved in the whole issue, and it is quite well known that when Bjorn gets involved, things get negotiated.
A high-end server chip, which is being considered as the world's first 2 billion transistor microprocessor, originally expected as earlier as in year 2007, has been delayed by Intel.
It has been learnt that basically, Tukwila is a quad-core update to the Itanium processor that has had a less-than-promising run since the time the original version was announced back in 2001.
A statement issued by Intel specified on Thursday, "Intel has made some engineering enhancements to the Tukwila platform."
Mumbai-headquartered Niraj Cement Structural Ltd has notified that it has secured a Letter of Intent (LOI) for contract worth Rs 135.20 crore from Haryana State Roads & Bridges Development Corporation Ltd, Chandigarh.
The scope of work includes construction of Improvement of Modal Punhana Nagina Road, Uttawar Sikrawa to Bhadas Road, Bori Kothi Punhana Road in Mewat / Palwal District.
Diversified media firm Network 18 Media & Investments has notified that one of its promoters Raghav Bahl has pledged 15.20 per cent stake with a bank and a financial institution for a loan.
An official release stated that Bahl has pledged in total 93.90 lakh shares with Sicom and State Bank of India, for a loan of Rs 94 crore.
It may be noted that the promoter has pledged 10.35 lakh shares, or 1.58 per cent, with Sicom for an existing loan of Rs 19 crore availed by Network 18 India Holdings
(subsidiary of Network18).