Bajaj Holdings ups its stake in Bajaj Electricals

BajajAfter the news of the Bajaj group hiking their stake in the flagship company Bajaj Holdings had just stopped making rounds, it's now the turn of the Bajaj holdings to hike its stake in Bajaj Electricals.

According to the recent news reports, the holding company of the Bajaj group has increased its stake by almost 19% in Bajaj Electricals by spending a whopping Rs. 76.88 crore via the route of open market transactions.

Hyundai starts its 8th Nationwide free car camp

Hyundai-LogoAs it is often said that that if you care for your consumer, the consumer will care for you, Hyundai's 8th free car care clinic is perhaps the true example of the same. The country's largest exporter of passenger cars and the second largest player in the domestic market has decided to pamper its consumers with a free car check-up starting from 20th March till 29th March 2010.

Google Chrome brandishes its latest addition, translation feature

Google-Chrome-LogoWith a continuous input of several weeks involving the beta-testing, Google has listed its new feature for the Chrome web browser. It is an automatic language translation.

This means that the browser will automatically sense the language of a foreign site, and translate it through Google Translate making the readable language available in less than a second. This means a relief for all those users who use to toggle around with browsers to get it translated. The application covers 52 languages covering major bases around the globe.

Icahn offers to by stake in Lions Gate

Carl-IcahnBillionaire Investor Carl Icahn has offered to buy remaining shares in studio company Lions Gate Entertainment Corp., which is currently under a move to participate in the final bidding process for the owners of James Bond film franchise, Metro-Goldwyn-Mayer Inc.

The offer surfaced after Lions Gate asked its shareholders to reject an open tender offered by Icahn to raise its stake in the company 18.9 per cent at present to 30 per cent. He had offered $6 per share. As per the company, the price was inadequate and coercive.

Morningstar to make big entry into ratings arena

Morningstar-LogoMorningstar Inc. on Friday unveiled its plans to join the league of big securities ratings agencies after completion of its planned acquisition of Realpoint LLC for $52 million.

Morningstar, headquartered in Chicago, is primarily known for its expertise in the field of mutual funds. However, of late the research firm is busy in expanding its forte. In last December itself, the company made an entry to the securities ratings domain by taking up the job to publish credit ratings for nearly 150 large US-based corporations.

Google Street View, an alluring mapping scheme

Google-Street-ViewThe new platform from Google, Street View, a technology featured on Google Maps intending to provide a clear view of the streets from various positions, was released in UK today.

The feature allows an onlooker to view and explore 360 degree street-level imagery of more than 238,000 miles of roads, the company said.

The search engine's Geospatial Technologist Ed Parsons said on the occasion that this technology would raise mapping to a higher level. He further added that this new technology would have a wide usage in planning of road trips, house-hunt or reaching to meeting destinations etc.

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