Company Updates

Promoters of Bombay Dyeing pledged 12.88% shares

Promoters of Bombay Dyeing pledged 12.88% sharesThe textile and real estate firm, Bombay Dyeing & Manufacturing Co Ltd disclosed share pledged by investors following the directives of market regulator, the Security and Exchange Board of India to divulge shares pledged by promoters of all listed companies.

The promoters of firm pledged 12.88 per cent or almost 5 million shares, as per its revelation before the National Stock exchange (NSE) under Regulation 8A of Securities and Exchange Board of India.

Fujifilm comes out with its latest 10-megapixel FinePix Z30

Fujifilm comes out with its latest 10-megapixel FinePix Z30Fujifilm has announced its new 10-megapixel FinePix Z30. The exclusive features include fairly basic ultracompact camera with a 3X optical zoom and 2.7-inch LCD.

There are some other features too which makes it quite different from other youth-oriented models.

Apart from having face detection and automatic scene recognition to help with fast shooting, the camera also has a Blog Mode (a carryover from the Z20fd) that apparently preps shots and video so they can go right online for sharing.

Tegra running Android demoed by Nvidia

Tegra running Android demoed by Nvidia It has come to light that Nvidia is working with Google on Android phones as it turns off its Windows-Mobile-only strategy.

An announcement was made at the Mobile World Congress in Barcelona by Nvidia that with the aim to get its Tegra processor into Android phones, it has started working with Google and the Open Handset Alliance. Basically, Tegra is a system-on-a-chip, which integrates an ARM applications processor and Nvidia's GeForce graphics silicon, among other functions. The motive is to bring vigorous PC-like graphics to small devices.

Vijay Mallya's United Spirts may up stake offer to Diageo

Vijay Mallya's United Spirts may up stake offer to DiageoIndian liquor maker United Spirits, with market value of about $1.4 billion, indicates to increase stake offer by about 15 per cent to Diageo, the world's largest alcoholic drinks group, in order to successfully close the talks between two companies and to pay debt of $1.2 billion from its purchase of Scottish spirits maker Whyte & Mackay in 2007.

Reliance Communication inks pact with US-based Ditech Network

Ditech Networks & RelianceAnil Ambani-led Reliance Communication (RCOM) has signed an agreement with US-based Ditech Networks to deploy the latter's voice enhancement solution on its recently unveiled GSM network.

The deal is estimated to be worth Rs 50 crore and deployment is expected to enhance voice clarity on Reliance Mobile by approximately 30 per cent'.

Under the arrangement, RCOM will initially deploy Ditech's voice enhancement solutions across Top 10 towns and then extend coverage across other locations.

It should be noted that on Thursday, RCom has already commenced trial runs on Ditech's network

Mold Tek inks pact for acquisition of RMM Global

Mold Tek inks pact for acquisition of RMM GlobalMold Tek Technologies Ltd, a leader in Engineering and Packaging services, has entered into a 'Asset Purchase Agreements' for acquisition of Assets and Business of RMM Global, Ohio, UAS and its associate Company TechNet Engineering Services Pvt. Ltd., Mumbai for a total Sales consideration of US$700,000.

It may be noted that RMM Global and TechNet are well established in providing Structural Steel Detailing Services for last 8 years for their Clients in USA.

Pages