Bizbits

Intel unveils Pentium III 550 MHz processorsMUMBAI: Intel has launched Pentium III 550 MHz, the fastest in its range of processors. The P...

Intel unveils Pentium III 550 MHz processors

MUMBAI: Intel has launched Pentium III 550 MHz, the fastest in its range of processors. The Pentium III is 108 per cent faster than the Pentium II 450 MHz processor on intensive 3-D calculations according to a Ziff-Davis benchmark test, a press release from the company said. The Pentium III has 70 new instructions which enhance the performance of advanced imaging, 3-D, streaming audio, video and speech recognition application, it added.

MUMBAI: Hewlett Packard has introduced a new range of printers at the same price as its older series, HP LaserJet 4000 series. Prices for the new HP LaserJet 4050 series start at Rs 79,778, a press release said. Its features include wireless printing and web-management software which lowers the total cost of ownership. Its works at 16 ppm pages per minute with a resolution of 1200 dpi dots per inch.

MRTPC pulls up BPL for misleading ads

NEW DELHI: Monopolies and Restrictive Trade Practices Commission MRTPC has restrained BPL from advertising that its LPG stoves cooked much faster than others on the ground that it was a quot;false claimquot;.

The advertisement, which had appeared in various newspapers, claimed BPL8217;s gas stove appliances 8211; manufactured in a technical tie-up with Sanyo, Japan 8211; cooked 40 per cent faster than other Indian brands. Acting on a complaint by the Delhi-based Gas Appliances Manufacturers Association GAMA, the Commission chairman A N Divecha in an interim order directed the company to quot;restrainquot; from making any such claim in quot;any advertisement in the print or the visual mediaquot;.

Tata Finance, Amex float new JV

MUMBAI: Tata Finance and global travel related service company American Express Amex, has entered into a strategic alliance to promote money changing/foreign exchange businesses in India. The joint venture company would be set up to market money changing/foreign exchange services through a large number of co-branded outlets across the country. Tata Finance managing director Dilip Pendse sees it as a scope for further expansion of its market activities given the large growth opportunities in the foreign exchange business.