2. Videocon is entering into financial services
business through a general insurance company
in partnership with US-based property and
casualty insurer Liberty Mutual Group (LMG)
The foreign Partner will hold a maximum
permissible 26 per cent stake in the JV with
Videocon
The JV will primarily focus on personal non-life
products like motor , health, homes and small
commercial business solution
3. President Barack Obama will announce the
easing of US controls on exports to India in a
move to boost trade between the two
countries.
Outlining a series of measures to ease export
controls, imposed after India's most recent
nuclear test in 1998, Froman said the president
will also support Indian membership of four
key global nuclear nonproliferation regimes.
4. Deals include previously announced transactions
involving General Electric for aircraft engines and
gas turbines, and Boeing for 737 passenger planes.
But details on a key $4.5 billion sale by Boeing of C-
17 military transport planes were still being ironed
out.
Obama will remove almost all of the remaining
Indian defense and space organisations from a list of
entities maintained by the US government to curb
proliferation, and relax so called dual-use rules for
Indian firms that regulate technology with both civil
and defense applications.
Cont..
5. New MacBook Air with a little extra help from the
iTunes store.
No need of DVD slot in your next Mac laptop, it will
completely replace desktop.
It will replace those discs with a fluffy white iCloud,
where software, music, video and your own personal
content fly around in the air like happy seagulls at the
beach.
6. Just on the outskirts of Shimla, a giant 108 feet high
idol of Hanuman was unveiled at Jakhoo Hanuman
temple, overlooking the entire city.
It is deemed to be world's tallest statue at 108 feet at
the highest altitude of over 8100 feet and constructed
at a cost of Rs 1.5 crores.
It surpasses the current tallest statue of 'Christ the
Redeemer', which measures at 98 feet and stands at
an altitude of 2296 feet in Rio de Janeiro, Brazil .
7. Just on the outskirts of Shimla, a giant 108 feet high
idol of Hanuman was unveiled at Jakhoo Hanuman
temple, overlooking the entire city.
It is deemed to be world's tallest statue at 108 feet at
the highest altitude of over 8100 feet and constructed
at a cost of Rs 1.5 crores.
It surpasses the current tallest statue of 'Christ the
Redeemer', which measures at 98 feet and stands at
an altitude of 2296 feet in Rio de Janeiro, Brazil .