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Weekly news from 20-2 6Sept
          2010

                       Presented by :
           Nagender Singh Shekhawat
RIM's Blackberry may escape ban in
India
  Research In Motion, the Canadian makers of
   Blackberry, may escape a ban on its popular core
   services by agreeing to provide "manual interception"
   of its core Blackberry Messenger service (BBM).


  Official sources said the technical group consisting of
   officials of the Department of telecom and security
   agencies have been satisfied with the manual
   interception being worked out by the smartphone
   makers to allow legal interception of its core services
   to Indian security agencies.
Cont..
 The sources, however, said that it may take three
 or four months before a final solution emerges on
 allowing Indian security agencies legal and direct
 access to both BBM and Blackberry Enterprise
 Service (BES).



 The technical group is in the process of analysing
 the technical solution being offered on the
 Blackberry Enterprise Service (BES) and so far
 no final view has been taken on it.
Satyam to delist ADRs from
NYSE
 IT firm Mahindra Satyam said it would delist from the New York
    Stock Exchange in mid-October due to non-compliance, adding
    that it would likely miss its deadline to report financial results for
    fiscal year 2009.


 The company on Tuesday said its board will review its
    audited financial results for fiscal years 2009 and
    2010 on Sept. 29, which analysts say will take it
    closer to a merger with parent Tech Mahindra. Tech
    Mahindra, which bought Satyam in April 2009 and is
    operating it as an independent company, has said it
    can only merge the firm into the parent after the
    restated results for fiscal years 2009 and 2010 are
    announced.

Nano to be 2nd best selling car in
India by FY 11: JD Power
 Nano, the small car from the Tatas, is projected to
 become India's second best selling car next year,
 according to market research firm JD Power.

 According to a report by JD Power, Nano will
 replace Hyundai's i10, which is slated to take the
 second position in 2010 after Maruti Suzuki's Alto.
 Tata Motor's Indica will be the third best seller this
 year.

 By 2017, the top three models will be the Alto,
 Nano and Maruti Suzuki Wagon R.
Hyundai re-launches i10 at Rs 3.48L-
Rs 5.91L
 Hyundai Motor India introduced a new version of its compact car
  i10, offered at an introductory price of Rs 3.48 lakh to Rs 5.91
  lakh (ex-showroom, Delhi).

 The new car, 'Next Gen i10', which made its global debut, will be
  replacing the existing i10.

 "We have further boosted the design element and packed the car
  with safety and comfort related technological innovation...and we
  believe this will set new benchmark in this segment," Hyundai
  Motor India Managing Director and Chief Executive Officer H W
  Park told.

 The Next Gen i10 will be available in two petrol engine variants
  of 1.1l and 1.2l. While, the 1.1l has a mileage of 19.81 km per
  litre, 1.2l engine will deliver a fuel economy of 20.36 km per litre,
  the company claimed.
Thank you 

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Weekly news from 20 26 sept

  • 1. Weekly news from 20-2 6Sept 2010 Presented by : Nagender Singh Shekhawat
  • 2. RIM's Blackberry may escape ban in India  Research In Motion, the Canadian makers of Blackberry, may escape a ban on its popular core services by agreeing to provide "manual interception" of its core Blackberry Messenger service (BBM).  Official sources said the technical group consisting of officials of the Department of telecom and security agencies have been satisfied with the manual interception being worked out by the smartphone makers to allow legal interception of its core services to Indian security agencies.
  • 3. Cont..  The sources, however, said that it may take three or four months before a final solution emerges on allowing Indian security agencies legal and direct access to both BBM and Blackberry Enterprise Service (BES).  The technical group is in the process of analysing the technical solution being offered on the Blackberry Enterprise Service (BES) and so far no final view has been taken on it.
  • 4. Satyam to delist ADRs from NYSE  IT firm Mahindra Satyam said it would delist from the New York Stock Exchange in mid-October due to non-compliance, adding that it would likely miss its deadline to report financial results for fiscal year 2009.  The company on Tuesday said its board will review its audited financial results for fiscal years 2009 and 2010 on Sept. 29, which analysts say will take it closer to a merger with parent Tech Mahindra. Tech Mahindra, which bought Satyam in April 2009 and is operating it as an independent company, has said it can only merge the firm into the parent after the restated results for fiscal years 2009 and 2010 are announced. 
  • 5. Nano to be 2nd best selling car in India by FY 11: JD Power  Nano, the small car from the Tatas, is projected to become India's second best selling car next year, according to market research firm JD Power.  According to a report by JD Power, Nano will replace Hyundai's i10, which is slated to take the second position in 2010 after Maruti Suzuki's Alto. Tata Motor's Indica will be the third best seller this year.  By 2017, the top three models will be the Alto, Nano and Maruti Suzuki Wagon R.
  • 6. Hyundai re-launches i10 at Rs 3.48L- Rs 5.91L  Hyundai Motor India introduced a new version of its compact car i10, offered at an introductory price of Rs 3.48 lakh to Rs 5.91 lakh (ex-showroom, Delhi).  The new car, 'Next Gen i10', which made its global debut, will be replacing the existing i10.  "We have further boosted the design element and packed the car with safety and comfort related technological innovation...and we believe this will set new benchmark in this segment," Hyundai Motor India Managing Director and Chief Executive Officer H W Park told.  The Next Gen i10 will be available in two petrol engine variants of 1.1l and 1.2l. While, the 1.1l has a mileage of 19.81 km per litre, 1.2l engine will deliver a fuel economy of 20.36 km per litre, the company claimed.