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Rupee joins elite currency club Power Grid Corp to diversify in telecommunication field Mahindra Satyam has bagged a contract from insurance sector regulator, IRDA for implementing SAP ERP package Global Internet search giant Google plans to strengthen Hyderabad as its largest cloud computing research and development centre in the world Syndicate bank to issue e-stamps in collaboration with Stock Holding Corporation of India Ltd.(A central agency appointed by the Government of India, for the e-stamp project) DQ Entertainment, an animation and gaming content company has entered into broadcasting agreement with Sun TV Network Ltd. for the provision of animation content Saibaba Telefilms, Mumbai based television Production Company entered Southern region via a music reality show Sangeetha Mahayudhdham telecasted on Sun TV Karnataka to create Land Bank in all districts to facilitate investors to allocate land Apple iAd set to compete with Google in ad market Indian Depository Receipts (IDR) of UK based bank Standard Chartered lists in BSE and NSE UIDAI has selected Accenture, Mahindra Satyam-Morpho and L1 Identity Solutions to implement the core biometric identification system in for the 'Aadhaar' program Airbus has selected India's private aerospace engineering firm Quest as its preferred supplier of aircrafts parts Everonn Education to venture into K-12(Kindergarten to 12th Standard) schools through its wholly owned subsidiary Everonn School Ltd.(ESL) SEBI allows trading through wireless technology including mobile phone and laptops Franchise India to tie up with banks (SBI,HDFC,Punjab National Bank, ICICI Bank and HDFC) for small ticket loan Small ticket loans: To help provide easy finance to investors keen on setting-up small businesses RIL notifies 4th gas strike in D3 block of KG Basin

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RCom sets up 3G innovation lab in Mumbai Siemens has bagged a 10-million euro order from Steel Authority of India(SAIL) to supply an RH vacuum degassing plant to the Rourkela Steel plant B.M.Munjal family, owners of the Indian promoter's stake in Hero Honda, will be officially known as the Hero Group with a division of $4.2 billion AIA raises $17.9 billion, becomes 3rd biggest IPO Bharti Airtel plans call center jobs in Africa, hires IBM and Tech Mahindra and Spanco to render services SEBI doubles retail investor limit in IPO to Rs.2,00,000 Insurance products could now be distributed with IRDA at post offices across India Netbiscuits to offer its customers with apps made for Samsung's OS-Bada Huawei to setup $500 Million unit near Chennai Taj Gateway rated best 5 star hotel in Kerala Gammon India opens training centre at Kuppedada village of Srirangapatna Taluk, in Mysore Apalya has tied up with Discovery Networks Asia Pacific (DNAP) to broadcast the bouquet of Discovery channels on Apalaya's mobile TV platform Canadian telecom giant Bell Canada, a subsidiary of Bell Canada Enterprses(BCE) to outsource voice-based projects for its internet, Solo Mobility, Bell Mobility and satellite TV divisions to India BMW to increase investment in India to $1.8 billion ($4 million) by the end of 2012 and to start rolling out the X1-model from its plant in Chennai India signs $416 million deal for railway track in Sri Lanka DHL Global Forwarding to set up facilities in 5 free trade warehousing zones (FTWZ) in India by 2013 Gujarat Times, a New-York based weekly newspaper joined the Indian Languages Newspaper Association (ILNA), to promote journalism in regional languages 3rd Prosche Center in India opens at Hyderabad

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Oil and Natural Gas Corporation has been ranked the world's top oil and gas exploration and production (E&P) firm by global energy research agency Platts Yahoo has partnered with Samsung for Internet connected TVs Hinduja Group flagship firm Ashok Leyland ties up with Himachal Gramin Bank to provide its customers with finance options to buy commercial vehicles Michigan Law School and Jindal Global Law School (JGLS) have come together to develop collaborations in faculty and student exchange programs NTPC to build 4,000mw thermal plant in Karnataka BSNL selects (4 firms) Teracom,Take Solutions,Adishwar India and Ampoules to roll out WiMax based broadband service as a franchisee Lubrizol opens Applications and Business Center in Mumbai Micromax, a domestic mobile handset major, plans to set up a manufacturing unit in Hyderabad and also plans solar-cell manufacturing unit Walmart to set up its Information Systems Division in India KFC opens 100th store in Bangalore Kerala government's 'e-District' project, which would make various government services available online to be launched at Kannur and Palakkad Etisalat DB opens 2nd contact centre in India IISc to setup synchrotron and R&D centre at Chitradurga, Karnataka

International
6yr old girl is China's youngest shareholder as Wu Qinyi inherites 62,500 shares from her father whose estimate is 1.05 million yuan (over $154,411) China becomes Volvo's 3rd largest market World's first gold-dispensing ATM, now at Dubai's Emirates Palace Singh brothers to purchase 5 units of Hong Kong-listed Quality Healthcare Asia(QHA) for HK$1,541 million (approx. Rs.882 crore)

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480-year old British Hardware store which survived two world wars, two depressions and three recessions is finally closing down, becomes the latest victim of the global recession Bharti Airtel completes $10.7 billion Zain Africa deal IDBI opened its first overseas branch in Dubai, at the Dubai International Finance Centre Russia's largest steel maker NMDC plans to setup 5 million tonne steel plant in Karnataka, to invest Rs.25,000 crore Mercedes Benz to invest Rs.200 crore to set up paint shop Volvo, Swedish based bus maker has bagged its single largest order of 100 multiaxle buses from hubli-based VRL Logistics Ashok Leyland to open assembly plant in UAE's Ras al Khaimah investment Authority (RAKIA)

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