India's Ajay Mathur named among energy-efficiency 'visionaries'

India's Ajay Mathur named among energy-efficiency 'visionaries'Mr. Ajay Mathur, director general of India's Bureau of Energy Efficiency (BEE), has been named as one of the energy efficiency "visionaries".  He has been honored for his excellence in the field of saving energy. He will receive the award from the Alliance of countries from Africa, Asia, South America and Europe.

Nintendo eyeing upon 3D consoles

Nintendo eyeing upon 3D consolesNintendo is looking ahead to bring in a 3D version of its handheld gaming device.

A tech revolution in waiting might just occur at the premises of Nintendo that plans to bring a 3D console for its gaming needs. It might work just like the success graph of Wii that went ahead to become a hit, which nobody had ever thought of.

With a similar promise, this device seeks to bring a new level of gaming experience to the player.

It not only will add to the gaming experience but at the same time will reap out the benefits of the technology, giving a room for betterment.

Commodity Outlook for Copper by KediaCommodity

CopperCopper ended lower on worries about the long-term effectiveness of the euro-zone bailout package. Inventories of copper stored in LME warehouses fell 1,075 metric tons, leaving them at 486,375. The most recent Comex inventory data, released late Tuesday afternoon, were unchanged at 101,220 short tons. Copper has touched a low of Rs 314.7 a kg after opening at Rs 318.05, and last traded at Rs317.35.For today market is looking for the support at 313.5, a break below could see a test of 309.6 and where as resistance is now likely to be seen at 322.5, a move above could see prices testing 327.7.

Trading Ideas:

Copper trading range is 309.6-327.7.

Virgin Media offers a waiver in satTV

Virgin Media offers a waiver in satTVA better package awaits the users of cable TV provider Virgin Media, as it soon will be offering its subscribers an optimum offer on the pay TV premium sports channels from BSkyB.

It appears to be a reformation that occurred after an amendment made by the regulator Ofcom, which made the cable provider BSkyB cut the wholesale cost of Sky Sports 1 and 2.

Although, BSkyB apparently seems to be a bit annoyed with this proposal and has commenced an appeal in the process, yet the imposition underlines the fact that the price cuts have to be implemented by the 14th May.

Shri Lakshmi Cotsyn posts net profit up by 62%

Shri Lakshmi Cotsyn posts net profit up by 62%India’s leading Textile products manufacturer Shri Lakshmi Cotsyn has announced its fourth quarter financial results for the fiscal year 2009-10 and has managed to post an impressive net profit.

The firm has posted a net profit of Rs 25.40 crore for the quarter that ended on 31st March, 2010. It was reported as Rs 15.65 for the fourth quarter last year. This net profit figure has been 62.30% up as compared to the same quarter in the preceding year.

China’s ZTE fails Indian security test

China’s ZTE fails Indian security testChinese handset maker, ZTE said on Wednesday that it has failed to meet the security requirements of Indian government. This, it said, was told by the operators.

This failure may stop the company from selling its products in India and that may deny it the opportunity of competing in the second fastest growing mobile handset market of India.

ZTE supplies network gears to the Indian players. The whole issue started after India started to check the hardware of mobile citing security as the motive.

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