Tuesday, November 18, 2008

Religare, an integrated financial services provider, has announced that it has teamed up with private lender Karur Vysya Bank, to offer its (Religare’s) equity trading services to the bank's clientele.

Japan mobile giant, NTT DoCoMo to enter in highly potential mobile market of India, The mobile operator has decided to pick 26 per cent stakes in TATA Teleservices to start journey of growth in communication field of India. DoCoMo will pick 20% in TTSL through subscription of fresh shares and 6% from existing shareholders. The company announced to pay Rs.13,070 crore for 26 per cent stakes.

Anil Ambani owned Reliance Infrastructure has made announcement that the company gears up to expand its engineering and construction business in India by getting into construction of steel plants through a Chinese link-up.

Delphi, a maker of mobile electronics, transportation components, and systems technology, has made announcement that the company envisages to build electronics components manufacturing facility with an investment of Rs 2.50 billion at Oragadam, near Chennai.

Dell had planned to unveil a MP3 player this year that could potentially compete with Apple's iconic iPod line and Microsoft's struggling Zune player. DELL DROPPED PLANS TO LAUNCH MP3 PLAYER.

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