RIL Alleged of Lavishly Spending Over D6 KG Basin

RIL Alleged of Lavishly Spending Over D6 KG BasinIt has been reported by CPM that MPs have written a letter to Prime Minister Manmohan Singh to conduct an enquiry into the complaint of the higher capital expenditure made by RIL for D6 KG Basin and its hasty approval by the authority concerned.

Annoyed over the hasty decision by the government for allowing RIL to endure high expenditures, CPM said that the government's involvement with RIL will have a direct impact on the layman as it is understood that in order to cover it expenses RIL will be increasing its rates of oil and gases.

RBI Increases Repo Rates to 7.5%

RBI Increases Repo Rates to 7.5%Reserve Bank of India (RBI) has today announced a hike in the short term lending borrowing rate. It is believed that this step by RBI will make it difficult for one to book a home or auto loan.

It has been revealed that RBI has increased the repo rate to 7.5% however the borrowing rates have been increase to 6.5%. As a result of hike in repo rate and borrowing rate, the marginal standing facility has also gone up to 8.50%. Since March 2010, it is for 10th time when the repo rates have been augmented.

Bungie to mark 20th anniversary with a huge fan event

Bungie to mark 20th anniversary with a huge fan event Popular game developer, Bungie is planning to mark its upcoming 20th anniversary by holding a massive fan event including a auction of the memorabilia.

The event, which will be organized from June 23 to July 7, will offer fans a chance to get some of the very rare objects from the Halo universe. For the fans of the Microsoft’s flagship videogame, the studio is also planning to unveil details f its first cross-platform creation at the event.

Nokia settles patent suit with Apple

Nokia settles patent suit with AppleLeading mobile handset maker, Nokia announced on Tuesday that Apple, with which it is engaged in a legal battle over intellectual property, has agreed to pay royalties for using Nokia technology on apple devices.

The new understanding between the two companies will end all of their ongoing patent disputes. "The financial structure of the agreement consists of a one-time payment payable by Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement," Nokia said in a statement.

PCI Security Standards Council published in-dept virtual guidelines

PCI Security Standards Council published in-dept virtual guidelinesThe PCI Security Standards Council has published follow-up detailed information on the virtualization guidelines that were released in version 2.0 of PCI DSS.

It took about 28 months for the council to compile the in-depth guidance on how PCI Data Security Standards (DSS) apply in a virtual environment. The new publications will provide recommendations on how firms can how to use virtualization while managing compliance.

"1234" is most common PIN code on iPhones

"1234" is most common PIN code on iPhonesAccording to data from Big Brother Camera Security, 14.4% of PIN codes users by all iPhone users are based on just 10 PIN code combinations.

Developer Daniel Amitay’s Big Brother Camera Security app takes a picture of anyone using your iPhone 4 using the front camera in the device, anonymously. Amitay collected 204,508 pin codes and has posted graphics on the choice of PIN codes on his website.

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