Simon Hackett manages to drive 313 miles on Tesla Roadster without recharging!
Simon Hackett and co-driver Emilis Prelgauskas created a world record when they managed to drive 313 miles on their Tesla Roadster without recharging the batteries.
This betters the previous record of 241-miles run by another Tesla Roadster. It is also much better than the [...]

Qantas cancels order for Boeing Dreamliner 787 aircraft
Boeing has suffered a major setback as Australian airline company Qantas has now cancelled a major order for their Dreamliner 787 aircraft.
Qantas revealed that they have cancelled orders for around 15 of these jumbo sized planes.
This is mostly Boeing’s fault as they have further postponed the launch of [...]

Telstra said to have terminated contract with Satyam
Australian telecom services provider Telstra is said to have terminated their outsourcing contract with Satyam.
The contract is said to be worth around $32 million per year.
Market reports say that the contract has now gone to EDS which is part of the US based giant Hewlett Packard.
Satyam [...]

Vodafone and Hutchison Whampoa to merge Australian operations
Vodafone and Hutchison Whampoa have announced that they are now going to merge their operations in the Australian market.
The two companies would now form a joint venture and both would own 50% in it.
The new entity has been named VHA Pty Ltd and it would result [...]

Singapore Airlines has discounts for the Indian travelers
Singapore Airlines has announced some major rate cuts on their flights originating from India.
The airline company is now offering discount deals of up to 60% on flights from Mumbai.
Singapore Airlines said that a return fare from Mumbai-Singapore is now available for Rs 16,830 including taxes.
There are similar great [...]

GM Australia to manufacture fuel efficient small car
US based automaker General Motors has announced that their Australian division would manufacture a small car that would be ultra fuel efficient.
The company said that they would manufacture a small four-cylinder car in the country in 2010.
GM is struggling in their domestic market where they have just [...]

Now Australia has more cell phones than people
Australia has become the latest country where there are more mobile subscribers compared to people.
Australian Communications and Media Authority reported that the country now has more than one cell phone for every Australian.
As of June 30, 2007, Australia had 21.26 million phones operating with just 21.1 million people [...]

Telstra allowed to close down CDMA network in Australia
Australian government has said that they are now giving permission to Telstra Corp to close down its old CDMA network.
This has now been made possible as they have found a solution to the problem replacing the network in rural areas.
They had earlier declined them to close down [...]

Qantas orders 188 new aircrafts
Australian airline company Qantas has revealed that they have placed orders for as many as 188 new aircrafts with both Boeing and Airbus.
The company aims to expand their presence in the South East Asian market.
Qantas reported that they have placed orders for 31 narrow-bodied Boeing B737-800 aircraft and 68 Airbus [...]

Reva Electric Car Company receives investments worth $20 million
Reva Electric Car Company Private Limited is the only automobile company in India, which manufactures electric cars. And they have announced receiving investments worth USD 20 million from Draper Fisher Jurveston and Global Environment Fund.
This investment would help the company expand and consolidate its position in world’s [...]