BSNL Launches Blackberry Services In The Country

BSNL Launches Blackberry Services In The CountryBharat Sanchar Nigam Limited (BSNL), the government-owned services provider in India, and Research In Motion (RIM), a company offering wireless solutions for the worldwide mobile communications market, announced the launch of BlackBerry services in the Indian market.

Commenting on their entry into the Blackberry category, Siddhartha Behura, Secretary Department of Telecommunication, Government of India and Chairman Telecom Commission said, “BSNL customers can now enjoy the freedom and productivity benefits of using 3G smartphones to stay connected and get information on the go.”

It can be recalled that a smartphone BlackBerry, introduced in 2002, supports push e-mail, mobile telephone, text messaging, internet faxing, web browsing and other wireless information services as well as a multi-touch interface.

Three blackberry handsets, with a price range of Rs 14,499-34,399, launched were Blackberry Bold, Blackberry Curve 8310 and Blackberry 8700.

In the coming months, BSNL is looking to sell nearly 1,000 handsets in the domestic market.

Currently, four telecom players: Reliance Communications, Airtel, Vodafone and Tata Teleservices are providing BlackBerry services in the country.

BSNL has nearly 72 million users in India and it plans to raise this number to 80 million by the end of this year.

However, security agencies in India have expressed their concern over the BlackBerry devices as they assert that the data being transmitted through the device could not be intercepted due to the high encryption codes being used by the company.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.