Archive for the 'News & Updates' Category

Facebook Has 500 Million Users All Over The World

Thursday, July 22nd, 2010

Asia Bizz: Facebook Has 500 Million Users All Over The World

Facebook, one of the most popular social networking sites, has claimed to have 500 million users all over the world. The website was started six years ago and was created by a Harvard student, Mark Zuckerberg who was then just 20 years old.

“This is an [...]

Two Indian Origin Brothers Die In US Plane Crash

Saturday, July 17th, 2010

Asia Bizz: Two Indian Origin Brothers Die In US Plane Crash

It has been reported that there were two Indian brothers that have died in the US plane crash in Texas. One of them was a Pilot instructor, who died along with an American national on the plane.

Picture shows a single engine plane
The brothers were identified [...]

Railway Police Constable Murders 6 Of His Colleagues, Has Been Shot Dead In Ranchi

Saturday, July 17th, 2010

Asia Bizz: Railway Police Constable Murders 6 Of His Colleagues, Has Been Shot Dead In Ranchi

In a freak and tragic incident at Central Railway Police Force Office, a drunk constable had allegedly opened fire on his colleagues in a camp, killing 6 of them on the spot. It was only before he was shot dead [...]

Chandrababu Naidu Arrested For Violating Prohibitory Orders

Saturday, July 17th, 2010

Asia Bizz: Chandrababu Naidu Arrested For Violating Prohibitory Orders

Former Andhra Pradesh Chief Minister, Chandrababu Naidu has been arrested after he violated the prohibitory orders against him in Nanded district. He was arrested with accomplices, which included five MP’s and Seven MLA’s.

The Minister and his accomplices were in the Babhli village to inspect the ongoing irrigation [...]

Indian-American Astronaut Sunita Williams Will Travel to Space Again in June 1012

Saturday, July 10th, 2010

Sunita Williams, the Indian-American astronaut, will be travelling to space for the second time in June 2012. The news was confirmed by NASA today.

Williams will be accompanied by Japanese astronaut Akihiko Hoshide as well as flight engineers Russian cosmonaut Yuri Malenchenko on Soyuz 31 flight to the space station.
NASA reportedly said that Indo – American [...]

Google’s YouTube To Launch YouTube Leanback For TV

Friday, July 9th, 2010

Google’s video sharing site, YouTube, has been working on a brand new concept, the name of which is YouTube Leanback, as reported by the officials of the company.

Reports say that viewing of online programmes will be possible on television since this is the plan behind YouTube;s Leanback which already has engineers and product managers working [...]

UTI Banking Sector Fund declares tax-free dividend of 10% UTI Banking Sector Fund declares tax-free dividend of 10%

Thursday, June 24th, 2010

UTI Banking Sector Fund declares tax-free dividend of 10% (Rs.1.00 per unit on face value of Rs.10/-). Pursuant to the payment of dividend, the NAV of the dividend option of the fund would fall to the extent of payout and statutory levy if any.

The record date for the dividend is June 24, 2010.

All [...]

World bank subsidiary CGAP elects Indian as chairman

Wednesday, June 23rd, 2010

The global Microfinance body set up by World Bank
Washington DC-based Consultative Group to Assist the Poor’ (CGAP), has elected Mr. Vijay Mahajan, Founder and Chairman of the BASIX Group as Chairman of its Executive Committee. This announcement was made at the CGAP board meeting that was held in Nairobi last month. This is for the [...]

Microsoft’s Kinect For Xbox 360 Launched At E3 2010 Convention In Los Angeles

Friday, June 18th, 2010

Asia Bizz: Microsoft’s Kinect For Xbox 360 Launched At E3 2010 Convention In Los Angeles

The E3 2010 video game convention in Los Angeles, California, saw the launch of Microsoft’s Kinect for Xbox 360 and Sony’s Playstation, competing directly with the much coveted Nintendo Wii.

Microsoft Kinect for Xbox 360
Reports state that Microsoft revealed their Project Natal, [...]

Lithium Deposits Worth More Than $10 Trillion Found In Afghanistan

Monday, June 14th, 2010

Asia Bizz: Lithium Deposits Worth More Than $10 Trillion Found In Afghanistan
The Middle East country of Afghanistan, which is known to be facing economic and political instability for over a decade; reportedly holds an estimated reserve of Lithium deposits worth more than $1 Trillion.

The Pentagon has reported that Afghanistan holds a vast amount of Lithium [...]