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GOOGLE ACQUIRES MOTOROLA MOBILITY FOR
$12.5 BILLION
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Google has announced it's going to acquire Motorola Mobility for $12.5 billion
($40 per share).
The Mountain View-based company plans to use Motorola's rich patent portfolio
to help its Android platform
The first thing that should be noted is Motorola Mobility is not the entire
Motorola.
So, Google is buying Motorola's mobile division responsible for smartphones
and tablets. The reason for the move is quite simple - to defend Android in the
ongoing patent war.
The leaders of all the other major Android manufacturers already expressed
their support for the acquisition. The CEOs of LG, Sony Ericsson and HTC as
well as the president of the Samsung mobile division already welcomed
Google‘s commitment to defending Android and its partners.
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TATA WARNS OF BUMPY RIDE FOR CAR MAKERS
TATA MOTORS CHAIRMAN SAYS CRISIS IN WESTERN EUROPE MAY
DAMPEN DEMAND FOR PASSENGER CARS
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Tata Motors Chairman Ratan Tata has warned of a challenging year ahead for car
makers in India even as the automotive industry continues to grapple with
diminishing demand.
Sales of passenger cars of the company in the domestic market declined 10.7
per cent to 69,529 units during the first quarter of this financial year, as against
77,858 units a year ago.
While commercial vehicles posted 13 per cent growth in sales in the first
quarter, Tata cautioned any decrease in the government’s spending on
infrastructure would impact their sales.
Tata Motors was looking to set up an vehicle assembly facility, especially for the
Nano in Indonesia.
The company is looking to tap the potential demand base for the ultra compact
car in the Southeast Asian market. In addition, it will set up an assembly base in
Brazil to cater to the Latin American market.
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MAHINDRA SATYAM TO INTEGRATE IT MANAGEMENT
SYSTEM WITH TECH MAHINDRA'S PLATFORM
MR. VINEET NAYYAR CHAIRMAN , MAHINDRA SATYAM
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1. The erstwhile Satyam Computer Services used to run
about 190 different IT systems for internal management,
making it easier for Mr B. Ramalinga Raju and his
cohorts to cook the company's books, a top company
official said
2. In order to prevent a similar fraud at the now rechristened
Mahindra Satyam, the company management has
embarked on a process to move to an automated
management information system (MIS).
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The MIS systems at Mahindra Satyam will now be integrated with
the Oracle- PeopleSoft platform being used at Tech Mahindra.
According to Mr Nayyar, this ‘complex' process will take another
six months to complete. This will further help the two companies
function as a single entity even before they eventually decide to
merge. Tech Mahindra and Mahindra Satyam are now looking at a
March-April time frame for a potential merger next year
MIS is a general term for the computer systems in an enterprise
that provide information about its business operation
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ANNA HAZARE IN TIHAR JAIL | CONGRESS WANTS TO
STOP ANTI CORRUPTION LOKPAL BILL
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1. Anna Hazare has started their fast on the Tuesday morning as
decides before but the Delhi police and congress don’t agree
with their fast against the corruption and they oppose their
fast
2. Delhi police has arrested Anna Hazare at Tuesday morning
and send to the Anna Hazare in Tihar Jail because Delhi
police enforced the section 140 around the area.
3. The Anna Hazare has sent to prison for seven days judicial
custody and their associates Kiran Bedi, Shanti Bhusan and
Arvind Kejriwal were also under arrest with about 1,400
supporters.
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1. Anna Hazare is still continuing their hunger strike but the
Delhi police offering food to him but they don’t want to
break their hunger strike
2. The Anna Hazare has found normal in their medical
check-up now.
3. The supporters and some associates are released at 8
pm from the police custody but their supporters don’t
stop their strike and also don’t stop their agitation
against corruption.
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APOLLO TYRES GOES TO LAOS FOR RUBBER TO MEET
DEMAND
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1. The Apollo Tyres’ factory near Perambra, in Kerala.
2. Considering the shortage faced by the domestic tyre
industry for natural rubber, Apollo Tyres Ltd has acquired
10,000 hectares in Laos for a rubber plantation
3. Mr Onkar S. Kanwar, Chairman and Managing Director,
Apollo Tyres Ltd, said that the objective to acquire land
abroad on lease is to meet 25 per cent of the company's
requirement in the next five years.
4. Apollo is the first company to acquire land for growing
rubber and it would take 2-7 years for the yield to be
tapped,
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MARUTI SUZUKI GUNG-HO ABOUT NEW SWIFT SALES
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1. After a slow start in sales this fiscal, August promises to be a
busy month for Maruti Suzuki as it prepares to launch the
Swift hatchback in its new avatar
2. Maruti's strategy to launch the new model, even as sales
of the older Swift were steady, is because competition in
the segment is now hotter than ever before.
3. The new Swift was launched first in Hungary last year. In
the last few years, new models, such as the Nissan Micra,
the Polo, the Fabia, the Toyota Etios Liva and the i20 have
given the Indian customer a plethora of choices
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1. Thus, to retain its following, the new Swift promises
to improve on the outgoing model by offering more
value through higher features, increased mileage, a
new design, more space and an all round
improvement in quality. Meanwhile, it will play on
advantages such as the lower cost of ownership of
Maruti products, the brand goodwill and its huge
sales and service network
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1. Price Of New Maruti Swift Vs Existing Swift - he price of
the new Maruti Suzuki Swift is expected to be slightly
higher than the the existing swift. The prices may start
near Rs. 5 Lakhs and onwards.
2. the new Swift 2011 is taller than the existing Swift by
about 155mm. This is a good increase to new length
of 3850 mm (compared to existing length of 3696mm)
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1. The width has also been increased from 1690mm to
1695mm which is not a considerable change. The
height of the new Swift is 1510mm compared to 1530
mm of the existing swift which is slightly lesser in
height. The wheelbase has been increased to 2430
mm compared to 2390 mm which will add to a better
handling & performance.