Microsoft's Much Awaited Windows 7 Released

Microsoft Windows 7

Software giant Microsoft launched the much awaited and anticipated Windows 7 on Thursday.

With the launch, the software company, which currently powers more than 90% of personal computers, aims to impress its customer base again after the disappointing Vista fiasco. Also, following the launch, the company is optimistic of getting an edge over rivals Apple Inc. and Google.

The latest version of Windows is reported to be faster, less confusing and incorporates new touch-screen features. The software has come almost 3 years after Vista, and the Microsoft is positive that it will help the company strengthen its grip on the software and PC market.

With Windows 7, Microsoft is hoping to win all those customers back who were put off by Vista's complexities. Analyst Brendan Barnicle of Pacific Crest Securities shares, "It's the first really significant release of Windows in a decade. Given the missteps around Vista, people really questioned Microsoft's relevancy in the technology space. So this is a critical first step for Microsoft regaining that credibility".

Currently priced at $199.99, for a completely new Home Premium Version, and $119.99 for customers who wish to upgrade from their older Windows versions, the latest software version is set at a price which is well below the Vista.

Window 7 has mostly received good reviews which have helped Microsoft's share prices soar. Currently, it is estimated that over 820 million PCs all over the world run on Windows, and with the new version, the company aims at surpassing this figure.


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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.