Nokia introduces Nokia 2705 Shade

Nokia has joined hands with Verizon Wireless to introduce its new colorful handset - Nokia 2705 Shade, which is a compact and light weight phone that connects with colors in a unique way.

The Nokia 2705 Shade is a flip phone having a unique and stylish design. It will be available in both versions with and without camera.

The stylish Shade will come with large display on one of the smallest devices available via Verizon Wireless. It also consists of a VZ NavigatorSM that is capable of giving users a quick access to more than 15 million points of interest. It has interchangeable covers of different colors. The Xpress-on changeable covers will be offered by Nokia for a price of $19.99 each.

The phone is equipped with a 1.3 megapixel camera, a Bluetooth module, micro USB 2.0 compatibility, contact list up to 1000, voice message capabilities and access to Mobile Web. It offers up a stand by time up to 360 hours while its usage time is about 300 minutes.

The Nokia 2705 Shade will be available to customers from October 6 at Verizon Wireless’s official website at a price of $29.99 along with two years of warranty.


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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.