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Sony, Japanese technology leader has revealed the newest version of the Reader, model PRS-505. The company added that this newest device would hit United States market sometime this month at Sony Style stores and on the Sony Style Web site as well as at Borders Inc. book stores.

For just US$300, people will get a paperback book-sized Reader that can store about 160 books.

To attract people towards its new Reader, Sony is providing credit for 100 classic books, comprising the works of Shakespeare and Jane Austen, on Connect, an eBooks store set up by Sony.

New Delhi: Stating that no banking institution throughout the world could match it in fast decision making, State Bank of India (SBI) on Tuesday has sanctioned one billion dollar credit for Tata group in just five minutes, a philosophy, which has placed it much ahead of challengers on overseas mergers and acquisitions (M&A) transactions.

The BSE benchmark index opened strongly at 17,467.41, and touched a record high of 17,729.94 in the opening time. The Sensex continued its positive rally as sustained buying interest was witnessed in the heavyweights; further optimistic worldwide cues chaired the rally. All sectors were trading in positive.

Asian stocks also boosted after Citigroup made an offer to purchase the resting 32% of Nikko Cordial Corp. Many forecasters were of the belief that this may encourage merger & acquisitions. The financial stocks had dipped after the US subprime slide down.

London: Here’s good news for people with Alzheimer’s disease. Now they no longer need to suffer the bad effects of the disease. Israeli researchers have developed a nasal spray crammed with viruses known as ‘bacteriophages’ that can relieve the annihilative signs of Alzheimer’s disease.

The scientists have stated that their spray has the capability to crack up beta amyloid, a sticky protein, which blocks the brain in Alzheimer’s patients to wipe out links among nerve cell.

Beijing: A recent report has showed that China has banished Canadian poultry imports after the bird flu detection on a farm in west Canada.

The report also said that the prohibition covers up all poultry and related products. It also orders the return or annihilation of poultry products imported after September 23.

All Canadian poultry products, which must move across China en route to other nations also, must be banned.

A recent study has discovered that India is emerging as a BPO hub. India not only explicates three out of five top known worldwide outsourcing destinations, but also has the maximum number of rising cities in this field.

According to a study by CyberMedia’s Global Services magazine, the top five well-established hubs for outsourcing include Bangalore, India's National Capital Territory, Manila, Mumbai and Dublin.