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Monthly Archives: June 2010

BP plc Likely To Face Bankruptcy After Shares Plunge Downwards

BP plc, may declare bankruptcy, after new reports say that the price of each share of the oil company continued to plunge with each passing day of the Gulf of Mexico oil spill. Report say that the reason that BP is likely to declare...

Netflix Reveals Apple App At WWDC 2010, App To Be Released Soon

Netflix, the online DVD delivery service company, is all set to release its new app for the iPhone very soon. It revealed the new app during Apple’s Worldwide Developers Conference keynote on Monday, and this new app will help users to...

Micro irrigation scheme (MIS) is upgraded by the GovernmentMicro irrigation scheme (MIS) is upgraded by the Government

The Indian Government today upgraded its micro irrigation scheme to a national mission, with an outlay of Rs 8,032.90 crore, to save scarce irrigation water. Indian Home Minister P Chidambaram said “The Cabinet Committee on Economic Affairs...

Apple iPhone 4 Features And Cost – iPhone 4 To Be Released On June 24

Asia Bizz: Apple iPhone 4 Features And Cost – iPhone 4 To Be Released On June 24 Apple’s iPhone 4 is all set to be realsed on June 24 2010 and Apple fans from across the globe can’t wait to get their hands on Apple’s...

Chrysler Group LLC To Recall 575,000 Jeeps, Minivans For Defects

U.S. automobile manufacturer Chrysler Group LLC, is reportedly recalling around 575,000 Jeep sport-utility vehicles and Dodge and Chrysler minivans for reported brake line and wiring defects. Reports say that the company has recalled 288,968...

The New Campus of Insurance Institute of India to be Inaugurated Today – June 8, 2010

Asia Bizz: The New Campus of Insurance Institute of India to be Inaugurated Today – June 8, 2010 The Finance Minister of India, Shri Pranab Mukherjee will be inaugurating the new building of Insurance Institute of India – which is...

Apple Announcement Of iPhone 4G Release Date To Be Made Today at WWDC 2010

Asia Bizz: Apple Announcement Of iPhone 4G Release Date To Be Made Today at WWDC 2010 Apple Inc., one of the world’s biggest computer and phone maker, will reportedly reveal the launch date of their much awaited – and hyped –...

McDonalds Recalls 13.4 million Shrek Themed Drinking Glasses After Cadmium Poisoning Issues

McDonalds, the famous American burger giant, has reportedly recalled more than 13.4 million of the ‘Shrek’ themed drinking glasses, after they were warned by US Consumer Product Safety Commission to stop using them, since they contained...

NCDEX’s Steel Futures Contract – the only successful steel contract in the world

National Commodity & Derivatives Exchange Limited (NCDEX), the first commodity exchange amongst the global commodity futures exchanges, is reported to have a successful steel futures contract. The average daily traded volumes are in the...

Whirlpool’s Maytag Recalls Almost 1.7 Million Dishwashers For Electrical Failures

Whirlpool Corp.’s Maytag Corporation, the $4.7 billion home and commercial appliance company, is recalling almost 1.7 million dishwashers, as a result of an electrical failure in some models which have caused a fire hazard. The Maytag...