Sony Rolls Out World's Lightest Notebook In India

Sony Rolls Out World's Lightest Notebook In IndiaConsumer electronics manufacturer Sony has made announcement about the launching of its new series of ultra slim notebooks in the Indian market.

The product, Vaio X, which is said to be Sony’s answer to Apple’s mackbook, weighs just 655 grams.    

The company claimed ‘Vaio X’ to be the world's lightest ultraportable laptop computer.

The sleek, aluminum-encased notebook is half an inch thick and comes pre-loaded with Windows 7 Professional (32-bit) and has 'Silverthorne' Intel Atom processor.

The company launched ‘VAIO X’ in two different models including VPCX113KG, which is priced at Rs 64,990 and VPCX117LG available at Rs 84,990.

To lay emphasis on notebook’s ' slenderness', Sony has roped in Bollywood hottie Kareena Kapoor as the brand ambassador for Vaio X. The company has decided to make an investment of Rs 15 crore in the country to market it.    

Mr. Masaru Tamagawa, Sony India’s Managing Director said, “We have roped in Kareena for this slim and lightweight product because she is famous as being size zero. Besides, we will be marketing our new products heavily through mediums like print, cinema, radio, outdoor and online.”
 
“We are planning to invest Rs 200 crore across all our portfolios in India in marketing this fiscal,” Mr. Masaru added.    

The company has plans to gain 20% market share (from 12% at present) in the consumer notebook section by unveiling newer products, strengthening buyer channels and investing aggressively in marketing.


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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.