SanDisk unveils storage solution for app developers

Storage products maker Western Digital has launched a new solution for Rs 18,990 which offers significantly high performance.

The product, which has been launched under the SanDisk brand (Western Digital acquired SanDisk last year), comes with A1 SD specification that shows significantly high performance.

"Long used by billions to expand capacity, the microSD card now must evolve to support application-intensive environments, paving the way for a new dimension of memory card performance," SanDisk India Country Manager Rajesh Gupta told reporters here.

The A1 specification will help ensure an optimal experience when running and launching apps on their smartphone, he added.

The company has also launched two high-capacity USB flash drives, offering up to 35X faster speeds than standard USB 2.0 drives.

* * * * * * Kalpataru Power Transmission to consider Rs 100 cr debt issue * Kalpataru Power Transmission Ltd today said that its board will consider a proposal to raise Rs 100 crore through issuance of debentures on private placement basis on March 15, 2017.

"A meeting of the Executive Committee of Board of Directors of the Company is scheduled to be held on March 15, 2017, inter-alia, to consider issuance of Listed Unsecured Redeemable Taxable Non-Convertible Debentures of Rs. 100 Crores on private placement basis," the company said in a BSE filing.

According to statement, the issue is within the limits approved by the Board of Directors and the Shareholders of the Company.