New silicon for Netbooks is expected to be launched by Freescale Semiconductor at the Consumer Electronics Show this week in Las Vegas which it believes will come in below $200.
According to to Freescale, formerly Motorola's chipmaking arm, “The ARM chip architecture-based i.MX51 processor is designed to enable low-power, gigahertz performance netbooks at sub-$200 price points.”
Indian export sector could be adversely hit in the financial year 2009 following low demand in the international market. Export sector is facing stiff competition from China as there is substantial gap between prices of Indian products and Chinese products.
A recently released report by the Federation of Indian Chambers of Commerce and Industry (FICCI) states that cancellation of orders due to low demand and unavailability of cheap funds is a major challenge ahead of Indian export sector.
India inked defense deal worth USD 2.1 billion with United States to buy eight Boeing P-8 Long-Range Maritime Reconnaissance (LRMR) aircrafts for its Navy. It is the biggest ever defense deal signed by both countries which would help to strengthen mutual strategic ties in the areas of military and civil co-operation.
The deal was signed between Indian Defense Ministry's Joint Secretary, Preeti Sudan and Vice-president of Boeing integrated defense systems, Vivek Lall. It may be recalled that the Cabinet Committee on Security had already approved the deal on December 27.
Delhi-based retailer, Vishal Retail may miss revenue targets for the financial year 2009 due to low sales following global financial crisis. Its sales may decline as consumer spending is continuously declining following fears of job cuts and grim job outlook.
TATA group owned Tata Consultancy Services started its new IT development center in Bhubaneswar on Sunday. The development came when entire IT sector is facing the heat of global financial crisis. The new center was inaugurated by Orissa Chief Minister, Naveen Patnaik in a function held in state's capital.
The function was also attended by Surjya Narayan Patro, Minister of Energy, Culture & Information Technology, Pradipta Kumar Mohapatra, Commissioner-cum-Secretary, IT, Orissa and TCS leadership team of S Ramadorai besides Managing director of Tata Steel, B Muthuraman.
Vijay Mallya-run private air-carrier Kingfisher Airlines is planning to start daily flight between Mumbai and London from Monday. The move is aimed to expand its overseas operations. The new flight would leave for Heathrow's Terminal at 1.50 pm IST from Chhatrapati Shivaji International Terminal, Mumbai and reach London at 5.55 pm GMT. The company would use brand new Airbus 330-200 aircraft which is configured in two classes namely Kingfisher First and Kingfisher second Class.