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Smartphone maker, Research In Motion (RIM) might launch its Blackberry Touch 9900 smartphone in the UK in august.

According to online retailer, Play, the smartphone will be launched on the 12th of August at £519.99 as the retail price. The BlackBerry Bold 9900 will feature a physical keypad and a touch-screen display.

The smartphone runs on BlackBerry 7 operating system and is powered by a 1.2GHz processor. Meanwhile, Amazon has already placed the device up for pre-order with a launch date of the 15th of September.

Virgin Media has reduced the price of its TiVo box from £150 to just £100 and the company will also offer refunds to customers, who purchased the box at the earlier price.

The TiVo box, which was launched last year, is a triple-tuner PVR system that automatically records programmes, which it thinks is liked by the viewer based on their viewing habbits. The company will credit the Virgin accounts of customers who purchased the box at £150 with £50.

HP (Hewlett-Packard) has become a leading giant in the hardware and printing industry in India. Within a very small amount of time, HP has gained a sustainable share in India’s market.

HP grabs 70% of market share in ink hardware and 45% share in laser jets. Indigo (photo category) HP holds the largest share of 90% along with 70% share in design work. With this much enormous share, the company is bound to be bullish about the unexplored market in India.

Enforcement Directorate issued a show-cause notice along with a penalty of Rs 7100 crores to Etisalat DB for violation of the Foreign Exchange Management Act (FEMA) under the 2G spectrum concern.

Beating the clouded European economy, the Indian economic juggernaut is on its way to reach another landmark. As per reports, exports grew by 46.4% to $29.2 billion year-on-year during June, thereby reinforcing India’s growth momentum. Further, the imports were reported to have notched up by 42.4 % to $36.9 billion in the same period. The only respite was that the trade deficit of $7.7 billion was almost half of $14.9 billion in May, asserting that balance of payments are not in that bad condition.

Ending Africa's longest-running civil war, South Sudan got its independence from Sudan on 9 July 2011. Celebrations to be attended by renowned dignitaries, the event will witness U. N. Secretary-General Ban Ki-moon, Sudanese President Omar al-Bashir and other leaders to assert "brotherly relations" among neighboring nations.