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Presented by:
Maninder Vadhrah
MBA-2C
•Apple has for the first time outpaced Blackberry-
maker Research in Motion in global smartphone
sales.
•Apple sold 14.1 million iPhone units in the third
quarter while Canada's Research in Motion
shipped 12.4 million Blackberry devices.
•Apple ranked as the fourth largest mobile
phone vendor in the third quarter with
Research in Motion one place behind the US
giant.
•BlackBerry maker, Research in Motion
(RIM), has temporarily agreed to allow
lawful interception by security agencies of its
messenger services.
•The government fears that online and
mobile communications are increasingly
being used by terrorists to plan attacks.
•The negotiations between the government
and RIM were deadlocked on the issue as
RIM says it doesn't have a master key in the
system that would allow it or any third party
to gain access to encrypted corporate
information.
•There are around one million BlackBerry
subscribers in India.
 State-owned Canara bank posted 10 percent
growth in net profits. Today, at Bombay Stock
Exchange the bank touched it's all time high, of
Rs. 693.30 while surging 5 percent.
 For second quarter which ended on 30
September, 2010, the bank reported Rs 1,007.8
crore net profits compared to the profit of Rs.
910.5 crore, in the same period of the last fiscal
year.
 The State Bank of India (SBI), the major lender in
the nation, publicized an increase in its loan rates.
 The base rates, which rolled up into effect by July
1, 2010, by 0.1 % to 8.6 % and the benchmark prime
lending rate (BPLR) by 0.25 % to 12.5 % on
Wednesday. The fresh new rates shall be
implemented from Thursday.
 The BPLR increased by SBI is probably to influence
the equated monthly installments (EMIs) of the
current home and auto loan borrowers by Rs 16
per lakh for almost 20year loan.
Thank You

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Maninder news 10

  • 2. •Apple has for the first time outpaced Blackberry- maker Research in Motion in global smartphone sales. •Apple sold 14.1 million iPhone units in the third quarter while Canada's Research in Motion shipped 12.4 million Blackberry devices.
  • 3. •Apple ranked as the fourth largest mobile phone vendor in the third quarter with Research in Motion one place behind the US giant.
  • 4. •BlackBerry maker, Research in Motion (RIM), has temporarily agreed to allow lawful interception by security agencies of its messenger services. •The government fears that online and mobile communications are increasingly being used by terrorists to plan attacks.
  • 5. •The negotiations between the government and RIM were deadlocked on the issue as RIM says it doesn't have a master key in the system that would allow it or any third party to gain access to encrypted corporate information. •There are around one million BlackBerry subscribers in India.
  • 6.  State-owned Canara bank posted 10 percent growth in net profits. Today, at Bombay Stock Exchange the bank touched it's all time high, of Rs. 693.30 while surging 5 percent.  For second quarter which ended on 30 September, 2010, the bank reported Rs 1,007.8 crore net profits compared to the profit of Rs. 910.5 crore, in the same period of the last fiscal year.
  • 7.  The State Bank of India (SBI), the major lender in the nation, publicized an increase in its loan rates.  The base rates, which rolled up into effect by July 1, 2010, by 0.1 % to 8.6 % and the benchmark prime lending rate (BPLR) by 0.25 % to 12.5 % on Wednesday. The fresh new rates shall be implemented from Thursday.  The BPLR increased by SBI is probably to influence the equated monthly installments (EMIs) of the current home and auto loan borrowers by Rs 16 per lakh for almost 20year loan.