Online Services across India Launched by Microsoft

Software and Internet services giant Microsoft is all set to launch the commercial availability of all its online services throughout India. Starting at a nominal price of $2 or Rs.
95 per month for each user, the service will allow small and medium enterprises and customers to access Microsoft's e-mail, collaboration, conferencing and productivity facilities online.

The complete set of the Microsoft Online Services being offered includes Exchange Online, which is the e-mail client, Office SharePoint Online, for portals and collaborations, to make instant messaging and presence easier, there are Microsoft Exchange Hosted Services and Microsoft Office Communications Online. "Customers can access a suite of products directly from the company website and pay a use-based monthly subscription fee and thus manage their IT needs efficiently and lower their IT spend 10-50 per cent", said Microsoft's Business Group President Stephen Elop.

In order to reach out its Indian customer base more effectively and to market and offer value-added services with regards to the Microsoft Online Services, the company has joined hands with HCL Infosystems, Infosys and Wipro.


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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.