Diversified media firm Network 18 Media & Investments has notified that one of its promoters Raghav Bahl has pledged 15.20 per cent stake with a bank and a financial institution for a loan.
An official release stated that Bahl has pledged in total 93.90 lakh shares with Sicom and State Bank of India, for a loan of Rs 94 crore.
It may be noted that the promoter has pledged 10.35 lakh shares, or 1.58 per cent, with Sicom for an existing loan of Rs 19 crore availed by Network 18 India Holdings
(subsidiary of Network18).
Four security updates, including two that would critically affecting Windows, Internet Explorer, and Microsoft Exchange Server would be released by Microsoft on Tuesday. The company announced this on Thursday.
According to the company, "The critical updates affect Windows Internet Explorer 7, Windows XP Professional Edition, Windows Vista, Microsoft Exchange 2000 Server, Exchange Server 2003 and Exchange Server 2007."
K Raheja Group-promoted Shopper's Stop Ltd has entered into an MOU with Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), to set up Cafe Coffee Day
(CCD) cafes at Shoppers Stop stores.
Under the MoU, the existing cafes operated by Shoppers Stop shall be converted into the Cafe Coffee Day formats, over the next few months, while all new stores will be designed with CCD outlets.
The first CCD format outlet within Shoppers Stop stores is likely to begin by April this year.
Jajah, a well known internet phone company, has added the capability to turn the iPod Touch into an iPhone.
The announcement was made on Thursday by the company that also with other low-cost Internet calling applications such as Skype. In its announcement, Jajah said that Touch users would be allowed to call and text messages using a voice over IP network via a new application instead of a carrier's cellular network.
Jajah application, the latest version of the iPod Touch, a microphone headset, and a Wi-Fi connection is all that is needed to start making calls.
BK Modi-promoted HotSpot has launched 'Mobi SafeGuard', a unique, all-inclusive warranty for mobile handsets in the domestic market. However, the facility becomes applicable, only when purchased with new handsets.
The company official stated that Mobi SafeGuard will covers repair of all kinds of handset faults including liquid and physical damage for a 2 year period.
In addition, the facility also provides a 2-year extended warranty that adds to the average life of the phone, and moreover if the handset is not repairable, the company will provide a refund equivalent to 50% of the existing market value of the particular mobile handset model.
The cost slab for Mobi Safe Guard will be as under:-
Diversified retail player, Vishal Retail has denied a newspaper report, which stated that it will close down about one third of its 172 retail outlets and downsize its staff across the country due to slowing sales.
The company official stated that it has not issued any such statement in the press, and all reports related to the matter are totally false.
It may be noted that the company has closed its two stores in last week.
Diversified media firm Network 18 Media & Investments has notified that one of its promoters Raghav Bahl has pledged 15.20 per cent stake with a bank and a financial institution for a loan. 
Four security updates, including two that would critically affecting Windows, Internet Explorer, and Microsoft Exchange Server would be released by Microsoft on Tuesday. The company announced this on Thursday. 
K Raheja Group-promoted Shopper's Stop Ltd has entered into an MOU with Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), to set up Cafe Coffee Day 
Jajah, a well known internet phone company, has added the capability to turn the iPod Touch into an iPhone. 
Diversified retail player, Vishal Retail has denied a newspaper report, which stated that it will close down about one third of its 172 retail outlets and downsize its staff across the country due to slowing sales.
