Chrysler-Nissan Versa

Nissan announced that they had reached an agreement with Chrysler LLC to supply Chrysler with a new Nissan Versa sedan based car for limited distribution in South America. The “Chrysler Nissan Versa sedan” will be supplied to Chrysler on an Original Equipment Manufacture (OEM) basis in 2009.

Press Release
Chrysler LLC and Nissan Motor Co., Ltd., today announced an agreement for Nissan to supply Chrysler with a new car for limited distribution in South America. Based on the Nissan Versa sedan, the new car will be supplied to Chrysler on an Original Equipment Manufacture (OEM) basis in 2009.

The OEM supply agreement is the second product exchange between the two corporations, with Nissan affiliate JATCO already supplying Chrysler with transmissions since 2004.

“This kind of tactical partnership allows us to maximize product offerings yet minimize costly investments — such as new plant infrastructure, tooling and R&D,” said Chrysler LLC President and Co-Chairman Tom LaSorda. “This partnership will give Chrysler nearly immediate access to vehicle segments in which we do not currently compete.”
“Nissan has a successful track-record of win-win product exchanges and we are pleased to be entering into this second agreement with Chrysler,” said Carlos Tavares, Executive Vice President, Nissan Motor Company.

The two companies have also agreed to maintain an open dialogue to explore further product-sharing opportunities.

Why Property Investment in Delhi is a Good Option

Will property prices in India fall? This is one question every one has been asking, as its answer will eventually decide whether you will be investing in the property in India now or you will rather wait for the property prices to fall.

According to the Investment Gurus and real estate experts “there is a definite boom in the property market in India and that’s why many people are going for investment in the property in India. According to market experts, Indian property market has got a tremendous potential and it will surely ride high in the coming years.”

Favorable property market and real estate boom has made property investment in India look safe. This is also proved by the fact that Indian Government has liberalized its foreign direct policy to attract higher foreign investment. A recent survey has revealed that, India stands on the fourth position among the top four Asian destinations for foreign direct investment.

After reading all this, you must be thinking about where in India do you actually invest to have maximum returns. Though all the major Indian cities have seen an appreciation in the property prices, but New Delhi, the capital of India has experienced the maximum rise in property prices. Property prices in and around New Delhi have increased by up to 5 times within a few years. It’s not that the property prices in New Delhi have suddenly seen a rise. Prices of property whether it be residential, commercial or industrial have been rising in New Delhi over the last few years.

And the reason behind this steady rise in property prices is the fact that being the capital of world’s largest democracy, Delhi has always attracted people from all walks of life. And with Delhi being the host of Commonwealth Games to be held in 2010, considerable investments are being made by the public sector to improve the overall infrastructure.

The government’s positive attitude, transparent property laws and the great demand for housing and commercial establishments are attracting more people for making property investment than any other city in the region. The returns on the investment on the capital value of the property are among the highest in the world, approximately 10 to 15%! And with the industry expanding at 30% annually, who would want to miss the opportunity?

ez-UCC - Global Platform of KIPA

CDNetworks announced that it has provided ez-UCC, the one-stop ASP service for UCC, to Gamengame site of Global Service Platform(GSP) in Korea IT Promotion Agency(KIPA).

KIPA is able to eliminate having additional infrastructure, investment or development and therefore cost-effectively offer global UCC service to its users with simple coding, by introducing ez-UCC to Gamengame site(www.gamengame.com).

Gamengame users can share and watch their own game-related video clips without installing additional programs, with ez-UCC comprised of uploading, server-side encoding and progressive downloading capabilities and system infrastructure required for web publishing.

CDNetworks’ ez-UCC is one-stop ASP service for encoding, necessary uploads in web-publishing, system infrastructure, and video clip UCC service, and also it fits into enterprise which wish to operate individual UCC page such as education site, online shopping mall, open-market, real estate site, or enterprise which plan to have one-time UCC event such as UCC public offering or one-time advertising product on game portal site.

[source]