America’s largest network, Alltel Wireless and LG have jointly rolled out a fast and easy-to-use, LG Swift phone in the US market. With it unparalleled features, the phone stands apart from others.

Saudi Arabia headquartered Zamil Steel, has announced that it has rolled out its operations in India. According to the sources, the company has opened its first manufacturing facility at Ranjangaon near Pune.

Luminous Teleinfra, an arm of SAR Group, has announced that it is searching the options to set up manufacturing facility in Himachal Pradesh (HP) with an investment of Rs 150 crore for producing telecom batteries, power management units and conversion devices.

The ONGC Videsh (OVL), part of Oil and Natural Gas Corporation (ONGC) India, along with partner IRP Red Sea Inc have discovered oil in an offshore block in Egypt for the second time. The company had discovered oil in April 2007 off the North Ramadan Concession in Gulf of Suez.

Technology giant LG has rolled out its latest LCD Monitor, named ‘LG W1941S’ in the Indian market.

Asklaila, a local information service, has informed that it has teamed up with private telecom service provider, Airtel to power all its city search services.

United Spirits (USL) the flagship conglomerate of Vijay Mallya, chairman of Kingfisher Airlines has announced that it is in discussions with the world’s major drinks company, Diageo, for a tie up including a minority stake sale.