Monthly Archives: March 2012
Budget 2012 India Allots Rs 765 Crore to Aakash Tablet Project
Asia Bizz: The recent Indian Budget 2012-13 has also made space for the world’s cheapest tablet, Aakash 2. The tablet project has been allocated around Rs. 765 crores and is likely to trigger the second phase of the project which is expected...
Zync Launches India’s First Android 4.0 Tablet
Asia Bizz: India’s first Android 4.0 Ice-cream Sandwich-based tablet, Zync Z-990 was revealed on March 21, 2012. The price of the tablet for the Indian market has been set at Rs 8,990 and comes with a unique feature that responds the touch...
Tech Mahindra Merges With Satyam
Asia Bizz: Indian Information technology provider, Tech Mahindra has planned a merger with Mahindra Group’s Mahindra Satyam. The a massive $1 billion deal is expected to create a top player in the technology services area in the Indian market,...
ING Vysya Increases Short-Term Deposit Interest Rates
Asia Bizz: Bangalore-based retail and commercial bank ING Vysya announced on March 20, 2012 that it has increased the short term deposit interest rates by 0.25 percent to ten percent. The move has been taken so as to promote its Active Deposit...
CSR Announces Win of High Speed Train Bid in Hong Kong
Asia Bizz: On March 20, 2012 a subsidiary of China South Locomotive and Rolling Stock Corporation Limited (CSR) announced that it has won a bid to provide high speed trains for Hong Kong section of an intercity high speed railway connecting...
Rasna to Set Up New Subsidiary- Rasna Beverages for Energy Drinks
Asia Bizz: Popular Indian fruit juice concentrate maker Rasna Private Ltd is all set to set up a separate subsidiary Rasna Beverages. The new subsidiary will manufacture, distribute and market high margin ready to drink beverages like energy...
7.4 Magnitude Earthquake hits Mexico
Asia Bizz: A massive earthquake of magnitude of 7.4 hit central and southern Mexico on March 20, 2012. The quake damaged more than 800 homes near the epicentre and also swayed tall buildings which spread fear and panic in the capital Mexico...
Private Jets Centre Launched in Mainland China
Asia Bizz: Last week, Mainland China’s first fixed base operator service was launched in Zhuhai, Guangdong province. The recent development was noticed by insiders as the breakthrough in the second year of China’s reform of airspace management.
Reports...
Dell launches XPS 12 Ultrabook in Indian market
Asia Bizz: American computer manufacturer Dell has recently announced the availability of its award winning XPS 13 Ultrabook in the Indian market. The new Ultrabook is one of the smallest products in its class and weighs less than 1.4 kg.
Some...
Samsung Begins Upgrade of Galaxy SII to Android 4.0
Asia Bizz: South Korea-based company Samsung Electronics revealed that it has started upgrading its Galaxy S II smartphone to Android 4.0 or Ice Cream Sandwich. On March 13, 2012, Samsung said that the upgrade will begin from the European countries...