Korean car maker, Hyundai Motors, has announced hike in prices of its models up to Rs 14,636, in a bid to mitigate the impact of increase in input costs. Country's second largest car maker after Maruti Suzuki maintains that price hike is a timely step to cover losses due to rising input costs.
The decision makes Santro, i10 and Accent models dearer in the range of Rs 3,601 to Rs 14,636. However, prices of i20 and Santro are not revised and both would come under introductory price scheme.
The government has hardened its stance over air fare hike by some private airlines, issuing a letter to Kingfisher Airlines asking it to provide details of fare hike by February 14.
The chairman of Kingfisher Airline, Vijay Mallya said, "Let me confirm that we have late yesterday received a letter from the DGCA (Directorate General of Civil Aviation), asking details about the fare hike, to which we shall reply." The air carrier would soon reply to DGCA clearing its stance over the fare hike.
The Karnataka government and the US-based networking technologies giant Cisco Systems has signed a Memorandum of Understanding, endorsed by Chief Minister B S Yeddyurappa and Cisco chief executive John Chambers, to develop Bangalore as most sustainable place in terms of public safety, transportation, buildings, energy, health care and education.
With the aim to find who is behind the Downadup/Conficker virus, Microsoft has announced a reward of $250,000 (£172,000) to who so ever will come up with the answer.
The Conficker worm that started circulating in October 2008 has been successful in infecting millions of computers worldwide.
The reward is being offered by the software giant, since it sees the Conficker worm as a criminal attack.
With the aim to go green, both LG and Samsung will next week launch prototype of cell phones that would be recharged by solar panels built into the case.
It has recently come to vision that Vizio is mulling over to concentrate more on LCD sets and put a stop on the selling of Plasma TVs. The Southern California-based upstart has developed a successful business selling relatively inexpensive HDTVs in warehouse stores such as Costco and Sam's Club. Earlier to Vizio, it was Pioneer, maker of ultra-pricey plasma sets for home theater aficionados that announced that it is exiting the TV business altogether.