Phenom intros watch phone with MP3 player, video cam

US-based Phenom Communications has announced the release of two most innovative watch phones christened SpecialOPS and Mi5. This newly introduced watch phones are powered by touchscreen and external keypad.

The watch phones have been enriched with 1.3-inch touchscreen LCD display functioning at high resolution of 128 x 160 pixels, MP3 &MP4 playback, built-in microphone and speakers, 130 pixels digital and video camera with T-flash, integrated Bluetooth and support for up to 256 MB Micro SD slot.

Along with some other goodies, the phone also supports MP3, MIDI and WAV files and JPG and GIF picture formats.

The Phenom SpecialOPS and Mi5 provide 2 hours of talktime and up to 120 hours of standby time. According to sources, both gadgets come bundled with data wire, battery, USB charger and a stylus.

The Phenom SpecialOPS watch phone is available at $395 (approx. Rs. 19,176), while the Mi5 watch phone is priced at $335 (approx. Rs. 16,264).


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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

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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.