JP Morgan downgrades Indian markets
Mumbai: JP Morgan Chase & Co has downgraded the Indian stock market from 'overweight' to 'neutral' saying other Asian markets are cheaper and more likely to benefit from a recovery in the United States. But JP Morgan asserts that there is no strong case for near term out-performance.

Inflation is a big reason for this downgrade. JP Morgan expects the interest rates to go up by 25 basis points in October with another increase in early 2005.
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ISRO may sign deal with Boeing
Bangalore: The Indian Space Research Organisation might enter into a tie-up with Boeing to jointly build and market two-tonne class satellites for the global market.

The US Administration has already given the green signal to Boeing Satellite Systems to negotiate a tie-up with Bangalore-headquartered ISRO.

ISRO was also in talks with the U.S. firm Raytheon to sign a commercial contract to establish a ground system for GPS augmentation, which is required for aircraft navigation.
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World's smallest 10G optical modulator driver IC
Tokyo, Japan: Oki Electric Industry Co., Ltd has announced that it has developed the world's smallest footprint, 10Gbps optical modulator driver IC for optical communication, with a power consumption of 0.65W. Sales for this new driver IC starts from August 2004. Compared to conventional modules that operate on a power supply of -5.2V, Oki's newly developed KGL4195KD is a 10Gbps optical modulator driver IC that operates on +3.3V, giving customers a lower voltage drive and lower power consumption module. While maintaining Oki's high-quality wave-type driver IC, Oki reduced power consumption by 35 percent compared to conventional ICs by optimizing circuit design in the low voltage power supply. Oki succeeded in developing a modulator with 0.65W, the lowest power consumption in the world. By using a 4 by 4, small ceramic package, the footprint is also the worlds smallest.

By using this product, users can produce smaller and lower power consumption 10Gbps pluggable modules such as for XFP, X2 and XENPAK(1). Utilizing Oki's advanced electronic device technologies in high-speed and high voltage processing and targeting the 10Gbps optical communication market that is expected to grow, Oki aims sales of 20 billion yen for this chip after the fiscal year ending March 2006. Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarter in Tokyo, Japan. Oki Electric provides top-quality products, technologies and solutions to its customers through its telecommunications systems, information systems and electronic devices segments.
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NitroAV unveils 23GB disc for Data Optical Solution products
Los Angeles, USA: NitroAV.com has unveiled the AfterBurner Series - the latest generation of FireWire 800/1394b blue laser-based Professional Disc for DATA (ProDATA) drives. Based on blue laser technology, the AfterBurner stores up to 23 GB of native capacity per rewritable or write-one, read-many (WORM) single sided media, delivering an advanced optical storage and archiving solution for professional data-intensive applications.

The high capacity and high performance AfterBurner drives are designed specifically for professional audio/video editing/authoring, storage applications, graphic design and medical imaging, e-mail archival, enterprise content management and multimedia projects. The AfterBurner drive features a durable, airtight structure to prevent dust particles from coming in contact with the drive mechanism and disc surface, increasing durability and reliability for critical applications in professional and industrial settings but still offering the convenience of removable optical storage. This optical solution allows for high-speed random access of files, making it suitable for both near-line and archival storage applications.

The line-up includes 2 Bay and 4 Bay customizable external FireWire 800/1394b configurations, as well as an internal SCSI version for Plug-N-Play integration with latest Macintosh OSX, WINDOWS and Linux operating systems. The 5.25-inch internal Ultra-wide 160 SCSI drive is perfect for easy integration into external subsystems, high-end workstations, servers and automated libraries commonly used for storage and long-term archival purposes as well as upgrading existing automated libraries that have older optical mechanisms. In addition to the 23GB per disc optical storage capacity it features up-to 11/MB second sustained read and 9MB/second write transfer speeds. This offers a quantum leap in performance over existing optical storage formats, with an archival life of up to 50 years.
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Digital Imaging for faster diagnosis at the Summer Olympics
Olympic Village, Athens: At the 2004 Olympic Summer Games if an athlete is injured, new technology may help athletes get back in action sooner with quicker diagnosis through Digital Imaging. At the Polyclinic in the Olympic Village, state-of-the-art digital medical imaging and information equipment can send images of injured athletes to medical specialists in remote locations like the ATTIKO University Hospital in Metropolitan Athens, where specialists can assist in treating Olympic athletes. Using equipment at the hospital, doctors can view and make diagnoses based on medical images and written reports transmitted by the Polyclinic. For an Olympian, it could mean the difference between early retirement and staying in the game.

Horses competing in the equestrian events also have access to the digital imaging technology. This technology could actually save a horse's life if a digital x-ray shows a leg fracture is not severe.
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