Intel Corp, the world's largest semiconductor maker, unveiled new processors today that boost computer speed and use less electricity, putting pressure on its rival Advanced Micro Devices Inc.
Company executives introduced 20 new products, including microprocessors made with the most-advanced production technology, at the Intel Developer Forum in Beijing, Santa Clara, California-based Intel said.

18-04-2007 |  185 Hit(s) | (0 vote)

Government is examining proposals to upgrade more overland trading routes with China and other countries on India's eastern border.
There are three overland routes that are connected with China - Nathula Pass near Sikkim, Lipulekh in Uttrakhand and Shipkula in Himachal Pradesh.
Currently export of goods is mainly restricted through Nathu La pass on Chinese border with Sikkim because natural obstructions in the other two are huge.

06-04-2007 |  120 Hit(s) | (0 vote)

Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.
The factory will supply chipsets to customers in China, which Intel expects to be the largest information technology market by the time the facility opens in 2010.

27-03-2007 |  128 Hit(s) | (0 vote)

There was much jubilation in India when the Tata Group, an Indian conglomerate, won a bid late last month for the Corus Group, an Anglo-Dutch steel firm. The deal catapulted the new global entity to become the world's fifth-largest steel firm.

At more than $12 billion, Tata's purchase is the largest acquisition ever by an Indian firm. The success of the takeover had Indian financial analysts celebrating more than just another superlative. The purchase signals a milestone for India's economy as it matures from an attractive investment destination to a global investor.

But perhaps more important, the Corus deal brings India's steel industry, currently the world's seventh-largest, to the forefront of the global steel market. Fueled by an accelerating manufacturing sector and a dramatic infrastructure improvement effort, India's steel sector is clocking a 10-percent growth rate.

"Now it is a two-way street," said Kamal Nath, India's commerce and industries minister at a press conference on Feb. 1. "India is not only seeking foreign investment, it is a foreign investor itself. And this trend is likely to grow."

12-02-2007 |  111 Hit(s) | (0 vote)

India's fourth-largest software enterprise Satyam Computer Services Ltd. will set up a branch company in Nanjing, capital city of east China's Jiangsu Province.

From its new base in the Nanjing Software Park in the city's New and High Technology Industry Development Zone, the software outsourcing firm will recruit 2,500 software engineers and is expected to gain annual sales value of more than 10 billion yuan (1.3 billion U.S. dollars).

Qi Lu, an administrative official in the zone, told Xinhua on Sunday that the new Satyam branch will boost the competitiveness of local software firms and help attract more Indian and other international software giants to Nanjing.

The campus-style park will provide lodging and other amenities, and is set to attract more than 300 software companies.

12-02-2007 |  145 Hit(s) | (0 vote)