Modi has put Gujarat on world map: Mukesh Ambani

Modi has put Gujarat on world map: Mukesh Ambani

3:05 PM Jack

AHMEDABAD : Reliance Industries Limited chairman and managing director Mukesh Ambani praised Gujarat chief minister Narendra Modi for putting Gujarat on the world map. "You have made India and Indians proud by putting Gujarat on the global map.



The world is taking note of Gujarat's model and your flawless execution. Gujarat is blessed to have an inspiring leader like you. All I can say is thank you," said Ambani at the second convocation of Pandit Deendayal Petroleum University (PDPU) on Tuesday with Modi also present on the dais. Ambani president and chairman of PDPU.

Ambani addressed the students and said Gujarat needs to take more innovative steps in the energy sector. "Energy has the highest potential for doing good work today and technology will play an important role. Energy consumption in the world is projected to increase to 17 billion tonnes of crude oil equivalent by 2030. According to him, India and China would account for one third of global energy consumption. India needs to create six times the energy infrastructure it currently has, he said, adding there is tremendous promise in alternate energy like solar, biofuel and fuel cells.

Commenting on the opportunities in research, he told students, "I wish I was 25 years younger and in your place. It reminds me of a time when I felt all impossible things were possible. If an arid land in Jamnagar can be converted into the refining capital of the world and if a sleepy village in Gujarat can become the automotive hub of Asia, I feel anything can be done."

The event was also attended by veteran banker and new chairman of Infosys Limited, K V Kamath and chairman of Torrent Group Sudhir Mehta besides other experts from the energy sector.
As many as 409 under-graduate and post-graduate students of PDPU's constituent schools - School of Petroleum Technology, School of Petroleum Management and School of Nuclear Energy, were awarded degrees.

Modi, who was the chief guest at the convocation, said, "I would like to congratulate Mukesh Ambani for creating a gem like PDPU in Ahmedabad and contributing to the state's human resources. We do not want to see a world of robots, we want good human resources. Innovation and risk-taking abilities are the road to success." Modi also invited students to incubate at the state government's incubation initiative-icreate, which was launched two weeks ago.

Samsung to launch flexible smartphone Galaxy Skin

Samsung to launch flexible smartphone Galaxy Skin

4:13 PM Jack

LONDON : A mobile phone with a screen that bends and can survive the hardest blows, even a strike from a hammer, might sound fairly futuristic, but you could soon own it.

In the first of its kind, Samsung is reportedly poised to release a revolutionary phone that will be so flexible that you can even roll it up.

According to International Business Times, Samsung's 'Galaxy Skin' -- unveiled as a concept earlier this year -- could be on sale as early as Spring 2012, reports the Daily Mail.
The phone will offer a high-resolution 800x480 flexible AMOLED screen, 8 megapixel camera and 1GB of RAM as well as a 1.2GHz processor.

The technology relies on atom-thick layers of 'graphene' sandwiched together, protecting a layer of liquid crystal 'screen'.

Phones using Graphene screens would be practically unbreakable, and offer an instant advantage over every other smartphone on the market. "AMOLED is already the mobile screen technology to beat, so if it's as good as promised, flexible AMOLED could put an end to smashed smartphone displays -- and tablets, which are even more fragile," Will Findlater, editor of Stuff magazine, told the Daily Mail.
"The potential for tablets that can fold to the size of a smartphone is especially exciting - you could have two gadgets for the price of one," he added. Samsung, however, has made no official announcement regarding the product.

Ra.One takes over Youtube

Ra.One takes over Youtube

4:52 PM Jack

Shahrukh Khan is known to promote his movies in unique ways and this time, for his pet project Ra.One, he has left no stone unturned.

The actor is taking help of the digital medium and has launched a channel on the broadcasting website, YouTube. On this channel one can watch exclusive behind-the-scene footage, uncut shots and promos. Also, all events regarding Ra.One, such as red carpet events are being live casted on this channel.
Red Chillies in an attempt to make full use of Youtube have released an interactive video where SRK can be seen explaining the superpowers that he uses in the movie.


On this association with Red Chillies and Shahrukh Khan, Rajan Anandan MD and vice president sales and operations for Google India said, "We are very pleased to associate with Shahrukh Khan to create a unique and customised destination for Ra.One on Youtube. In the last few years, Indian production houses have begun to embrace the Youtube platform to engage fans, distribute movies and leverage rich media ad formats to promote their movies online. Bollywood is now an integral part of the Youtube experience and we want to demonstrate how it can be used creatively to connect with highly engaged Youtube community in India and across the world."

Bollywood has, increasingly, been using social media to promote movies. Now after Facebook and Twitter, Shahrukh Khan wants to capture the platform of Google+ and will be one of the first Bollywood actors to join the site.

Also a digital 40-page comic based on Ra.One, will be available to read on Google+. Shahrukh Khan said, "For Ra.One I wanted to leverage the full potential of digital media and create an experience on YouTube and Google+ that has never been done for any Indian film. I am very excited about the project and am personally working with the Google team to create a destination that my fans can enjoy from anywhere in the world."

Birla MF launches Capital Protection Fund - Series 7

Birla MF launches Capital Protection Fund - Series 7

4:41 PM Jack

Birla Sun Life Mutual Fund has launched Birla Sun Life Capital Protection Oriented Fund – Series 7, a close ended capital protection oriented fund with the duration of 36 months from the date of allotment of units.  This scheme has been rated CARE AAAmfs (SO) by CARE.


The new issue is open for subscription from 15 September and closes on 29 September 2011.  The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

The investment objective is to provide capital appreciation linked to equity market with downside protection at the end of tenure.  The fund expects to achieve down side protection by investing in debt securities with tenure comparable with the tenure of the plan, subject to the credit risk.  Fund expects to achieve the market-linked appreciation (upside) by investing in premium of exchange traded options.
The Fund proposes to restrict its derivative exposure only to the extent of buying of call options. Hence the maximum loss could be equivalent to the premium paid, not any more. Moreover, the premium paid will be equal or lower to the coupon receivable from fixed income securities after providing for fund expenses.
The fund offer only growth option.


The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
Entry and exit load charge will be nil. No redemption/repurchase of units shall be allowed prior to the maturity of the fund, Investors wishing to exit may do so through stock exchange mode.

The fund would allocate 80% to 100% of assets in debt securities and money market instruments and up to 20% of assets in options premium with high risk profile, but limited to the premium paid.
Benchmark Index for the fund will be CRISIL Balanced Fund Index.
The fund manager for the fund will be Satyabrata Mohanty and Ajay Garg.

RCom announces Android 2.1-based CDMA phone, Coolpad D530

RCom announces Android 2.1-based CDMA phone, Coolpad D530

5:03 PM Jack

Telecom giant Reliance Communications in collaboration with Coolpad Overseas has announced an Android-based CDMA phone, D530. The device will first hit Chennai and will soon arrive in the rest of the country.


The D530 runs on Android 2.1 Eclair and features a 3.5-inch touchscreen with a 480x320 pixel resolution. Other specs include a 2MP camera, 256MB internal memory and up to 4GB expandable external storage via microSD. The device comes with a 1280 mAh Li-ion battery, which gives 100 hours of standby time, four hours of talktime. For connectivity, the Coolpad D530 supports Bluetooth 2.0 and Wi-Fi.

The D530 is Coolpad's first Android-based CDMA phone in India. The phone is bundled with RCom's 3G data plans, which promise speed up to 3.1 Mbps. RCom says it will soon come up with more products from the Coolpad portfolio, possibly a tablet as well.

The D530 is priced at Rs. 7,999 and comes with RCom's 100 percent value back with discounted tariff over the next 24 months.

Meanwhile, The Mobile Indian reports the Coolpad will be launching eight to nine phones, including GSM ones, later this year. The report adds Coolpad is prepping an Android tablet.

Google launches Chrome Web Store in India

Google launches Chrome Web Store in India

4:59 PM Jack

NEW DELHI : Google has announced the official launch of Chrome Web Store in India. Announcing the launch on its official blog, the company said, "Nine months ago, we launched the Chrome Web Store in the United States, an open marketplace that gives Chrome users an easy way to discover and try the best apps on the Web."

The company is expanding and making the store available in 24 more countries, including India.


According to the blog, "To make the store even more useful and relevant, starting today, you'll be able to access a range of new applications from Indian developers and publishers. You can now listen to your favorite Indian music from Saavn. For those of you with a cricket fix, the ESPN Cricinfo app lets you follow the latest developments in your favorite sport and the TurboCricket app allows you to play your favourite game anywhere. Avid news readers can catch up on the latest Bollywood gossip on Midday and news in Hindi with Jagran."

The opening of Google Web Store in India also opens doors for Indian developers and content providers to join the Chrome bandwagon and take their apps global.

Hong Kong student's Apple tribute is Internet hit

Hong Kong student's Apple tribute is Internet hit

12:43 PM Jack

Photo Description : Jonathan Mak's self-designed logo in tribute of Apple founder Steve Jobs has become an Internet hit

HONG KONG — A Hong Kong design student said Friday he was overwhelmed and "flattered" after his sombre logo in tribute to Apple founder Steve Jobs caused a worldwide Internet sensation.

The design, featuring Jobs's silhouette incorporated into the bite of a white Apple logo on a black background, has gone viral on the Internet since news of his death.

"I feel so unreal," Jonathan Mak, a second year graphic design student at Hong Kong Polytechnic University, told AFP, after he was inundated with hundreds of emails and messages on his Twitter account.

The 19-year-old said he had received queries from newspapers in the United States and Germany about buying the copyright to use his logo and had been offered jobs after it spread like wildfire on the Internet.
"I am flattered by the attention but I would like to focus on my study before taking on any full-time job," said the bespectacled student, adding that he was trying to cope with his new-found fame.

"I'm quite busy now actually as I'm trying to finish a school project," he said.
When asked about whether he would be targeting commercial opportunities, Mak said he was considering contacting Apple on copyright issues because his design is based on Apple's own logo.

Some merchandisers have reportedly used his logo for commemorative memorabilia for Jobs such as t-shirts and caps that are being sold on the Internet.

"I will consider using any proceeds I make from the copyright for cancer research, as suggested by some people to me on the Internet," he said. Jobs died at 56 of pancreatic cancer.

Mak said he first came up with the design after Jobs announced his resignation in late August, but the logo received little attention at the time.

The teenager said the Apple founder had inspired him in his design.
"He was a minimalist, which is the way I would like to emphasise in my design -- fewer elements but a powerful message."

"Steve Jobs strongly believed in his own ideas and continued with his beliefs no matter how people criticised him. He was courageous," said Mak.

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