Commodity Outlook for Gold by KediaCommodity

GoldGold ended down but most of its losses recovered amid a weaker dollar as traders looked ahead to the r

India Introduces $30 Laptop Computer

India Introduces $30 Laptop ComputerIndia has introduced a Rs 1,500 (around $30) laptop computer, which is designed specifically for pupils.

After unveiling the low cost-access-cum computing device, Human Resource Development Minister Kapil Sibal said, "If more companies decide to manufacture a similar device, prices will come down automatically."

Mr. Sibal said that the low cost laptop would be made available to pupils by the coming year (2011).

Bollywood stars descend at Manav Gangwani's show

Bollywood stars descend at Manav Gangwani's showNew Delhi, July 23 - Bollywood stars made their presence felt at Manav Gangwani's show at the ongoing Pearls Infrastructure Delhi Couture Week(PI-DCW) here Thursday with Dia Mirza, Riteish Deshmukh, Aftab Shivdasani, Jacqueline Fernandez, Soha Ali Khan, Kunal Kemu and Zayad Khan coming in to cheer their designer friend.

This time at the PI-DCW, celebrities seem to be choosing front seats and not the ramp to make their presence felt - making sure that due attention goes to the designer.

PNB profit soaring by 28%

Punjab-National-BankPunjab National Bank, the nation's second-biggest public sector financial arm, on Thursday recorded a 28.4 per cent hike in its net profit to Rs 1,068 crore for the quarter ending June 2010, contrasted with Rs 832 crore in the subsequent period last year.

The growth was geared up by a hike in interest income, whilst the bank handled to put the expenditures under control.

Bharti-Walmart awaiting fresh FDI policy

Bharti-WalmartThe cash-and-carry group Bharti-Walmart is keenly is looking forward policy modifications in the multi-brand retail domain and articulated expects that it might be a large player once the FDI is permitted.  

According to Bharti-Walmart Managing Director and CEO Raj Jain if the rule of the nation modifications they can open hundreds of stores, however this might be doable only if FDI is permitted.

Bharti-Walmart is a 50:50 cash and carry joint venture between Bharti Enterprises and WalMart, handling BestPrice Modern Wholesale stores in North India.

Two new products from Avon to be launched in August

Two new products from Avon to be launched in AugustThe leading global beauty company that works on a multi level marketing model is all set for its line up of products to be launched in the month of August. These to be launched new products include Glazewear Dimensions Lipstick and Jet Femme perfume.

The company that recorded humongous annual revenue to the tune of $10 billion last year sells its products to women in around 100 countries through a wide network of six million sales representatives working for the company. This also makes the company as the world's largest seller of beauty products.

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