LENOVO LAUNCHES 7 NEW PCs
Chinese manufacturer lenovo has launched seven new personal computers,including one in all-in one category.It has announced plans to introduce 50 new products in 2009 to strengthen its product protofolio. The new product line-up caters to a broad segment of consumers-from lenovo C300,the ultra-sleek,affordable,all-in-one pc,to the trendy,thin and light lenovo ideapad U350,Y450 and Y550 note-books that are loaded with new features, to the competitively priced lenovo G series note books.
TATA POWER INKS DEAL WITH OPG
Tata power company has signed two contracts with the OPG group of chennai.Under the first contract , Tata power will provide operations and maintenance services to OPG power generation pvt. Ltd. for its 80 MW coal-based power plant located at Gummidipoondi near chennai. under the second contract,Tata power will provide project management services to OPG power Gujarath Pvt. Ltd. for its upcoming 150*2 MW coal-based thermal power plant in Gujarat.
BSNL JOINS HANDS WITH MICROSOFT
Bharath Sanchar Nigam Limited has joined a hands with
Microsoft to launch 'BSNL Managed SaaS'(software as a service)
in India.The partnership will enable BSNL to offer hosted solutions on
core productivity,collaboration and line of business applications to business
customers.BSNL also launched 'Managed Business Mail' (MBM) as its first SaaS offering that moves beyond conventional e-mail options to empower business with tools to increase productivity,mobility and collaboration.The unique feature of BSNL's MBM will be its availability on smartphones of any service provider.
AIRTEL ,HTC INTRODUCE ANDROID-POWERED SMARTPHONE
Bharati airtel has joined hands with Taiwan-based smartphone manufacturer HTC corporation to launch India's first 'Andriod'-powered mobile phone-HTC Magic. Google's Andriod is an open-source platforn running on the linux operating system,which will provide users with a broad spectrum of mobile applications and services.
MARUTI TO LAUNCH CNG Cars
Maruti Suzuki has stopped working on LPG models as it would roll out CNG variants of the entire range of its cars from early 2010,the first of which could be its highest selling model Alto. The company would start introducing 'Cleaner-fuel' cars once the distribution network of CNG improves across the country starting with main cities.
TVS MOTOR LAUNCHES APACHE RTR 180
TVS motor company has launched its high-performance bike, Apache RTR 180. the new bike is equiped with electric and kick start options has 'over square' engine programmed to give 17.3 PS of power , making it one of the most powerful bikes in its class on Indian roads.The 180 cc bike has top speed of 125 km an hour with a 0-60 km an hour timing of just 4.15 seconds.
RELIANCE RETAIL STARTS JWELLERY VENTURE
Reliance jewels,the jewellery retail format of Anil Ambani -led Reliance Retail ltd. is planning to open 20-25 new stores across
the country during the current financial year 2009-2010. Reliance
jewels currently runs 12 outlets across the country ,including nine standalone stores and three shop-in-shops.The company is keen to tap markets in both major metors and Tiper-II cities.
TCS OPENS GLOBAL DELIVERY CENTRE IN MEXICO
Tata Consultancy Services (TCS) has announced the opening of
its third global delivery centre in Queretaro,Mexico.This represents a key milestone in the company's expansion across Latin America and its global network delivery model.
IBM ANNOUNCES NEW SOFTWARE PLATFORM
IBM has announced a new software platform and related services to help product manufacturers and designers create innovative products.The software and services will provide capabilities that support collaboration and help reduce the cost and risk of bringing more interconnected products to market.
LG LAUNCHES NEW TECHNOLOGY PRODUCTS 
LG Electronics India Pvt.Ltd.(LGEIL) has announced the launch of cutting edge technology products offering innovative business solutions.The company has broadened its portfolio in the IT hardware segment and is heading towards becoming a leader in B2B market with the introduction of these high tech products.
PARAMOUNT INKS $1.5bn AIRBUS DEAL
Paramount Airways have signed a $1.5 billion deal with Airbus to buy 10 A321 aircraft to start international operations.The agreement also provide an additional option to buy 10 more single-alise short-to-medium range aircraft.The deal is funked by the european central bank.
APPLE SLASHES iPhone PRICE FOR NEW MODEL 
Apple Inc. Has slashed the entry price for its much talked about iPhone by half to$99 and lowered the prices of some laptops by as much as $300. A new brand model of the iPhone , the 3G s, sports a faster processor, longer battery life, an internal compass, a video camera and a photo camera with better resolution and auto-focus
(An article on +ve & -ve INDIA of AUG-09)
SHINY HAPPY PEOPLE
The london –based New Economic Foundation came out with its second edition of the Happy Planet Index (HPI) in May this year,ranking India 35 out of 143 well above all the rich devloped countries,with UK standing at 74 and the US at144.
CITIZEN UNFRIENDLY
In the Human Development Index(HDI),the United Nations Developement Program(UNDP) Statistical update 2008 ranks India at 132 out of 179 countries .At 116 out of the 157,India also ranks poorly in the Gender Development Index. While India falls under the “Medium Human Development” category.HDI is based on purchasing power parity,life expectancy at birth ,and education levels.
GOOD MARKET FUNDAMENTALS
The nature of the on-going financial crisis in the West and the roubstness of the Indian system has titled the debate in favour of a stricter regulatory regime.However,,Bimal Jalan,former RBI governor and asitting MP,disagrees.”The access to bank in India is still very low.Indian rates do not have a much of a relationship with inflation. We have a vanilla banking system,we have a long way to go.Others may be realising that they have made mistakes, but that’s a different matter.
ALL ANTS,NO GRASS-HOPPERS
INTERNATIONAL AFFAIRS
CHINA SPECIFIES “NO FIRST USE” OF NUCLEAR WEAPONS
China on Jan.20 issued a white paper on national defence,pledging to be committed to the peaceful development and advance its military modernisation
IRAN LAUNCHES FIRST DOMESTIC SATELLITE
Iran launched a domestically made satellite into orbit for the first time in Feb.3,2009. The Safir-2 rocket carried into space the satellite, named Omid(hope).The Safir-2 rocket was an upgraded version of Safir-1,which was tested earlier.
RUSSIA, UKRAINE REACH DEAL ON GAS FLOW
Russia and Ukraine agreed on the price of natural gas for Ukraine in 2009, resolving the three-week standoff that left much of Europe freezing in the heart of a cold winter.
ROCKET WITH NASA GLOBAL WARMING SATELLITE CRASHES
A rocket carrying a NASA satellite crashed into the ocean near Antartica after a failed launch on Feb.24,ending a USD 280 million mission to track global warming from space.
OBAMA’S HISTORIC BUDGET A BREAK FROM THE PAST
President Barack Obama embarked on the biggest redistribution of wealth from the rich to the poor in the US history on Feb.26, When he unveiled his first budget, which will amount to a staggering $3.5 trillion (Rs 1,75,000 crore)
SRI LANKA-CHINA PACT ON POWER PROJECT
Sri lanka and China on June 29 signed an agreement on the second and third stages of the $891-million Norochcholai Coal Power 600 MW Project. The phase of two and three of the Norochcholai Project would be completed by 2013.
RUSSIA,CHINA TO TRADE IN NATIONAL CURRENCIES
Russia and China on June.16 agrred to switch part of bilateral trade to their National Currencies as the oil deals between the two countries amounted to $100 billion dollars
LETZ KNOW OF THE MONTH-AUG 09
· The famous symbol of Four linked Rings is the logo of the Audi.The logo indicates the Union of four founder companies Audi, Lamborghini, Mercedes, and Wanderer Automobile Department to form the Auto Union AG in 1931
· The brand of Beer which got its name from the brewery which was founded on the banks of the river Amstel
· WILLIAM INDIANA is considered as “Father of the Internet”
· Bal Gangadhar Tilak is considered as Father of Indian unrest.
· An ancient cave containing a mural of 55 panels on the life of Buddha has been recently discovered at Mustang(Nepal).
· According to Yahoo India, it announced that Yahoo messanger will be available now in 9 languages.
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