LG launches BL40 Chocolate edition in India

LG BL40 Chocolate India LaunchThe latest LG Chocolate edition handset dubbed LG BL40 has been launched in India by the company for providing Indian customers a slim and sleek device supported by cutting edge technology and very user friendly features.

The luxurious handset is very similar to the LG Chocolate BL20 and the firm tried to epitomize style and elegance with the help of newly launched device. Major attractions of LG Chocolate device include a 4-inch wide HD LCD screen with 800 x 345 pixel resolution.

The new phone is also loaded with high quality 5 megapixel cameras with Schinder-Kreuznach lens and flash that would make photography experience very interesting in addition to superior quality. The device, with cinematic 21:9 aspect ratio, also supports Wi-Fi connectivity for accessing broadband at a high speed while FM transmitter makes it easy for listening high quality music and media services.

The device also represents S-Class UI featuring finger-friendly 3D graphics and it is capable to offer faster email and internet services. It is available for Rs 30,000 across all mobile stores in the country.


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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.