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Yahoo! India appoints Arun Tadanki as managing director
Internet search major Yahoo! today appointed Arun Tadanki as the managing director of its India operations.

Over the hump
BP: The worst may be over for oil and gas majors, if BP is anything to go by. The UK oil major’s net profits almost halved in the third quarter, relative to the same period in 2008. But they were up on the preceeding three months and the drop was much less than investors feared. BP, and newish chief executive Tony Hayward, can take as much credit for the performance as the recovering oil price.

News of the day

MBL Infra sparkles on debut day
MBL Infrastructures touched a high of Rs 218 and a low of Rs 190. It finally ended near its high at Rs 206 - with 14% gain over its issue price of Rs 180.
Business Ideas

N97 to hit Indian market by Diwali

To cash in on the festivity, the world"s largest handset maker, Nokia, today said it will launch new version of its flagship smartphone N97 in the Indian market by Diwali or middle of October this year. - Handset makers jump on to social networking bandwagon - Nokia India: Voucher music">Nokia India: Voucher music - BSNL decision to disqualify Nokia-Siemens right: Panel - BSNL decision to disqualify NSN right: Independent panel - Nokia global CEO meets PM; seeks uniform VAT on handsets - Nokia plans foray into netbook segment Nokia launched two music devices and a new version of N97, called the N97 Mini, during the Nokia World event here. "Though the music devices will be available in India by Q4 (2009-10), we plan to bring the N97 Mini by October in the Indian market," Nokia India Managing Director D Shivakumar said. Despite critics claiming that Nokia is not doing well in the high-end segment, Shivkumar said the company is not only doing well, the performance is beyond company"s expectation in the smartphone segment. Globally, Nokia has sold about two million units of the original N97 within months of its launch. The launch of N97 was announced in the last Nokia World event and it hit the market only in June this year. Nokia has been maintaining a market share of about 40 per cent world wide and is a leader in the Indian market with handsets in low to high range in the market. Priced at about Rs 31,000 (450 euros), the N97 Mini features a tilting 3.2" touch display, QWERTY keyboard and fully customisable homescreen.


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