BlackBerry to come out with its latest in April; speculations

BlackBerry to come out with its latest in April; speculations

The coming month of April might see the launch of RIM's next touchscreen BlackBerry, the Talladega slider, says a Korean supplier, and as per by local news outlet Joins the parts of the new phone, nicknamed "T", would provided by Woojeon & Handan.

With being a new flagship for RIM in Europe and the US, it will go head-to-head against the iPhone.

The timing of the launch of Talladega lines up with RIM's own Wireless Enterprise Symposium, which starts April 27th and in earlier years has been used for introduction of new phones at times.

The touchscreen smartphone carries a large part of RIM's future success. The company had constantly made an effort to pitch the BlackBerry Storm and Storm2 as challengers to the iPhone; however not impressive sales could be obtained due to the conservative marketing and complaints about the unexpected click-down SurePress. Verizon commenced scraping prices soon a bit later after either phone was sold for $200, due to fuel demand.

There are speculations that Verizon was very well aware of poor sales related to Storm and it has purposely decided the release of Storm2 to overlap with those of the Droid and Droid Eris with the aim of making sure the BlackBerry wouldn't overshadow the intended sales leader.

Talladega will aim at meeting some of the commonly cited problems related to the Storm by dropping the SurePress action and tucking a real QWERTY keyboard into a vertical slider underneath the body.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.