LIC-Corp Bank to Launch Credit Card Soon
Life Insurance Corporation (LIC)-Corporation Bank is likely to launch credit card in the market soon. LIC, has tied-up with Karnataka-based Corporation Bank for this white-labelled credit cards.
News
Enterprise Class Xeon Processor 5500 Series Launched by Intel
17 enterprise-class processors, led by the Intel Xeon processor 5500 series, designed for addressing the increasing computing needs of many industries, was introduced by Intel. The Intel Xeon processor 5500 series, previously codenamed ‘Nehalem-EP,’ offers several technologies to improve system speed and versatility.
115th Ranking to India in Net Connection Speed
India has an average internet connection speed of 772 Kbps compared with the global average of 1.5 Mbps, says ‘State of the Internet’ report by Akamai Technologies, the US-based internet content distribution giant. South Korea has been ranked as the country with the highest percentage of connections on high broadband (greater than 5 Mbps).
Fujitsu Siemens Computers Ltd Becomes Fujitsu Technology Solutions
Fujitsu Siemens Computers has now become a 100% subsidiary of Fujitsu Limited and has been renamed Fujitsu Technology Solutions (Holding) B.V. The new company is operating jointly with Fujitsu Services and a unified management under the Fujitsu brand. Both companies extend a comprehensive portfolio of products, solutions and services offering on a global scale to corporate customers in the Europe, Middle East, Africa (EMEA) region.
ATC to Acquire IMIL
American Tower Corp (ATC), is negotiating hard to acquire the standalone tower firm, Independent Mobile Infrastructure (IMIL). IMIL is approximately being valued at around INR 120 crore at the upper end. ATC had purchased Xcel Telecom for around Rs 800 crore nearly a year ago.
Solar Venture of 250-MW Planned by BEL, BHEL
Public sector majors Bharat Electronics Ltd (BEL) and Bharat Heavy Electricals Ltd (BHEL) have signed an memorandum of understanding for setting up of a 250-MW joint manufacturing facility for solar photo voltaic cells, modules and silicon wafers. BEL and BHEL have an existing capacity of around 6 MW and 8 MW respectively.
Facebook Growing at a Rapid Rate
Five-year-old Facebook is very soon expecting a membership 200 millionth users. This suggests that Facebook is rapidly becoming the Web
Movements
[This article was published in the April 2009 issue of the eGov Magazine (http://www.egovonline.net) ]
Executive Movements
Mobiles on New Turf
[This article was published in the April 2009 issue of the eGov Magazine (http://www.egovonline.net) ]
Mobile phones which in itself is a revolution is joining yet another – the
3G to Give Momentum to Mobile Gaming Market
The Mobile gaming industry, is estimated to grow by upto 200% by the next financial year with the help of 3G. The Mobile gaming industry which is currently pegged at INR 100 crore is contributing just 1% of the entire VAS offering.
