On Thursday, it was announced by Alok Industries that its board will hold a meeting on 3rd January with the aim to increase the size of the proposed rights issue of Rs 300 crore.
“There was a need and that is why we decided to increase the rights’ issue size. The present market situation is not good and we did not want to raise funds (in such times). Moreover, we found good interests from our investors for our issue,” informed Dilip Jiwrajka, managing director, Alok Industries.
The Microsoft revealed on Friday that Microsoft's Zune media players were functioning properly on Thursday as the New Year arrived, though they froze up on the last day of 2008 because of a glitch involving their internal clock. In spite of this, many were still complaining regarding the problems they face during operating the devices.
This would be fun for all the animal lovers as right now we are going to reveal the ten weirdest creatures spotted in 2008 by the New Scientists. So what are we waiting for, lets get started with the list:-
Bone-breaking horror frog: A hairy frog was spotted by the scientist that damages its own bones in an effort to produce claws, thus it leads to punctured toe pads. This kind of behavior mostly occurs when the frog is threatened.
ASUS has announced the introduction of its new handset, named ASUS P565 in the Indian market.
To enthrall its users, the phone comes packed with latest touch-driven user interface Glide that offers effortless move between tasks instantly with a click of a finger and boasts an integrated 800 MHz Processor for easy handling of multitasking & GPS SatGuide Maps for quick access over 200 cities and 1.5 million destination.
This bar type device also comes equipped with enhanced Microsoft Windows Mobile 6.1 Professional.
The latest by Sony Ericsson India, the C905 Cyber-shot phone featuring an 8.1 mega pixel camera has been launched by the company in the nation. A 4-inch
scratch-resistant display 240x320 pixel 262,144 color TFT screen, Wi-Fi connectivity, Bluetooth, FM radio RDS and 2 GB Memory Stick Micro (M2) are the exciting features
of C905 Cyber-shot. Furthermore, it also boats GPS capability with geo-tagging photos, media player with support for MP3, TV-Out Cable ITC-60 to double up as a TV box,
The solvency margins for unit-linked insurance plans have been eased by IRDA and it is being seen as a move that will help the life insurance industry to save several hundred crores in capital requirement. Solvency margin is the excess of assets over liabilities that an insurer maintains as a prudential measure in the interest of policyholders.