ViewSonic Announces Release of Multimedia Player VPD400 MovieBook

ViewSonic VPD400ViewSonic takes one step ahead in presenting customers with a fair share of interesting display hardware, by announcing its break into the multimedia player market with the launch of its VPD400 MovieBook, an entry level, palm sized player with which the company is hoping to compete with the much established iPod by Apple and Microsoft's Zune.

The music player sports a 4.3 inch display screen with a resolution of 800x480 and comes at an affordable price of $129.99. The gadget boasts an in-built memory of 8GB, which can be expanded up-to 16GB with the microSDHC card slot.

Supporting 720P HD playback, the MovieBook comes with an AV out-port, but no HDMI. The device promises audio playback of up-to 12 hours as well as standard video of 6 hours and 3 hours in HD mode.

While the device does not offer any Bluetooth or Wi-Fi connectivity support, it is still one of the most reasonable deals users can bag with regards to the large memory offered. Currently, the players are available at numerous retailers in Black, White and Pink.


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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.