Monday, May 31, 2010

Indian Government bagged Rs. 67,719 Crore from 3G auction

The E-auction of 3G spectrum was over on 19th May,2010 and all the 71 blocks of 22 service areas were sold in the auction. The successful bidders are Bharti Airtel, Vodafone Essar, Reliance Communication, Aircel, Idea Cellular , Tata Teleservices and S.Tel and jointly they shell out Rs. 67,719 crore for their allotted slots.


Bharti Airtel and Reliance Communication- each won 13 of the 22 telecom zones on offer and other are remaining with Aircel, Vodafone and Tata.

This 3 G spectrum will enable these operators to give the high end data services to their customers and a new revolution is on for all the mobile users to use the services of 3 G like video chat, video streaming and file transfer facilities.

Auto rickshaw fare will increase by Rs.1.50 per KM in Delhi………

Delhi is the hub for Auto Rickshaws and Delhites are dependant on these auto rickshaw. If you have visited Delhi, you can easily understand the importance of these three wheelers.

Now if everything goes fine, the fare is possibly increasing by Rs. 1.50 per kilometer. So, if you are in delhi or planning to visit delhi , be ready to spare some extra money to take the services of these auto rickshaws. At present the fare of Auto rickshaws in delhi is Rs. 10/- for first KM and thereafter Rs. 4.50 per KM set by government. But most often the drivers are not run by these set fare parameters and customer pays extra money to drivers.

Delhi Government Chief Minister Shiela Dixit want Auto off from Delhi Road and she said that government also planning a phase out program to off these auto rickshaw from Delhi.

Supreme Court had ordered on September, 1997 that only 55000 Auto rickshaw can run on Delhi roads and a new auto rickshaw can only introduced as a replacement. No new permit can be issued to any new autorickshaws in Delhi.

Wednesday, May 12, 2010

Microsoft founder Bill Gates will adopt a village of Bihar- Guleria Mushari

Bill Gates , the founder of software giant” Microsoft” visited Amethi with congress leader , Rahul Gandhi and understood the problem of Amethi and promised to make Ametthi an IT hub. Rahul Gandhi acted as a guide for Bill Gates.

Bill Gates visited Patna to adopt a village of Bihar named as Guleria Mushari under Bill and Melinda Gates foundation.


Bill and Melinda Gates foundation is the biggest charity trust formed by Bill Gates and supported by Warren Buffet , Berkshire Hathway chief. There are several other people who is associated with this trust for noble cause all around the world.

Thursday, May 6, 2010

Picaso masterpiece " Nude, Green leave and Bust" sold at Rs.471 Crores.........



All time great Pablo Picaso painting titled as “Nude, green leaves and bust” sold in an auction with a record price of Rs. 471 crore ( $ 106.5 million) at Christie’s International in New York. This painting was painted by the legend in the year 1932.  This is the highest amount ever fetched by an artwork and this broke the record $104.2 million set by another Picasso’s masterpiece “Garcon a la Pipe” which was sold a price of $ 104.2 millions in 2004.

Pablo Picasso was a spanish painter who was born on 25th October, 1881 and died in 8 April,1973 in france. He was also a draughtsman and sculptor.  

Tuesday, May 4, 2010

Tata - Nano has to face the tough competition with Bajaj Renault car in 2012......



After TATA-NANO , Bajaj –Renault will launch the Rs. 1.10 Lac car in Market by 2012

Bajaj, the Indian Auto Company and French major Renault reached in a conclusion to launch the much talked launch of ultra low cost car in Indian market by 2012.  All the design, engineering, sourcing and manufacturing will be the responsibility of Bajaj and the marketing & selling will be done by Renault Nissan alliances.

The target price of this car will be $ 2500 ( Rs. 1.1 Lac).  We will soon see the competition in ultra low cost car segment where this car will give the challenge to TATA-NANO who is running in the Indian market