Top government officials are blaming the new management comprising chairman Pratip Chaudhuri and his three managing directors for a change in policies, particularly on provisioning, that resulted in a sharp decline in profits and the capital adequacy ratio and eventually resulted in SBI’s rating being downgraded by a notch to D+. SBI’s profits fell 99% [...]
It’s raining tablets and phones this fall, with Windows Phone Mango phones rumored to take on the iPhone 5 and a new generation of tablets running Honeycomb to take the iPad head on. Among these, Acer’s 7-inch tablet – the Iconia A100 will be available in August, competitively priced at $300. The tablet is fueled [...]
For every rumor of Apple not coming out with a new iPhone 5 this year – and will surprise the market with an iPhone 4S instead – there’s always another rumor to counter it. This time – apparently Apple is already ordering millions of iPhone 5 from a Taiwan based manufacturer. According to DigiTimes, the [...]
Summer time is here – and you’d best start thinking about breaking that piggy bank to get a new smartphone so that you can show it off to your friends. One candidate that shouldn’t get overlooked is the Motorola Droid 3, which is expected to hit stores pretty soon. How soon? Droid-Life reports that Motorola’s [...]
