Knowledge Diary – 8th August 2013, Thursday

International giants looking to invest 50,000 crore in chip making- Two global giants IBM and STMicroelectronics have discussed about chip making facility in India and talks for an investment of over Rs. 50,000 crore are on with the Indian Govt.

Chip making facility in India soon
Chip making facility in India soon

EC moves forward to perform SC order on convicted MP’s and MLA’s– On the basis of Supreme court order, Election Commission has moved to operationalize the judgment by asking all the states and Union Territories to track and promptly report conviction of MPs/MLAs to the concerned House and to the poll panel.

 LG launches astonishing G2 against the Samsung Galaxy S4– New LG G2, an Android device will be available soon, its been gradually introduced in various markets worldwide. The device is all set to compete with Samsung Galaxy S4 as well as the upcoming Samsung Galaxy Note III and the next iPhone.

CBI arrests Micromax promoter in context to charge of bribing– CBI arrested the co-owner and promoter of cellphone handset maker Micromax, Rajesh Aggarwal, and another senior executive of the company named Manish Tuli, in a case of graft.

Home and car loans will costs you more now– Many PSU banks hike the lending rates due to the spike in market interest rates.  Housing Development Finance Corporation (HDFC) indicated that cost of home and car loans may rise.

BJP against restoring statement with Pak– BJP  continued to mound on the agony for the government for attacking defense minister A K Antony against his “false” statement on killings of Indian soldiers in the Poonch sector.

Android smartphones cover 80 percent market globally– Google’s operating system Android has not only pushed down Apple’s dominance in the tablet market but has also topped the smartphone market globally.

TCS deploys core banking solutions for Chinese Bank– IT giant Tata Consultancy Services (TCS) has deployed its core banking solution at Panzhihua (PZH) Commercial Bank, making it the first Chinese city commercial bank to use TCS BaNCS solution.

Amazon introduces another business line– Amazon enhances another business line ‘online art gallery’ in the website.

The big giant, Samsung Electronics Co. has applied for U.S. and South Korean trademarks for a smart watch that connects to the Internet.



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