Godrej Appliances Ltd (GAL), the consumer durable division of the multi-products firm Godrej and Boyce Manufacturing Co, will shortly enter the highly competitive television market, said a top company official.

The Life Insurance Corporation of India (LIC) has tied up with Corporation Bank to enable the bank's debit card holders pay the LIC policy premium using a mobile phone.

India's metal major Tata Steel Ltd has raised Rs.20 billion through private placement of redeemable non-convertible debentures (NCDs) as part of its long-term financing plans.

After B.R. Films' 'Baabul' (2006) proved to be a box office dud, producer Ravi Chopra has high expectations from Amitabh Bachchan starrer 'Bhoothnath', a fun-filled fantasy film releasing worldwide Friday.

Indian equities markets took a sharp plunge Thursday and closed in the red with heavy selling in key sectors, spurred by the record price of crude oil, which touched $122 a barrel. The same trend was seen across other Asian markets too.

Mumbai-based I-Flex Solutions announced Thursday that it would provide technology solutions to Bahrain's TAIB Bank.

The city-based Toonz Animation India Ltd, one of the premier animation studios in Asia, has been short-listed for the Global Tech Showcase 2008 (GTS-2008), an international business event that will be held in La Brule, France, in June this year.

Inflation, currently at over 7.5 percent, should ease in the next two months as steps are being taken to bring down prices, the government assured Thursday.

French defence and aerospace major Thales and the city-based Samtel group Wednesday announced a joint venture to design, manufacture and sell avionics systems in the Indian market.

The work on a Rs.35 billion industrial park, including a luxury bus building unit of the Britain-based Caparo group of Lord Swraj Paul, began Thursday in Andhra Pradesh's Nellore district.

Telecom major Airtel Thursday said it had crossed the five million subscriber base mark in three northern states of Punjab, Haryana and Himachal Pradesh.

Indian parliamentarians want private airport developers to install the latest scanning machines so that passengers are not subjected to the 'unpleasant' and 'often embarrassing' ordeal of physical frisking.

The Indian equities market continued to tumble Thursday afternoon with no sign of recovery. All indices were trading in the red.

Indian equities markets opened in the red Thursday, thanks to a fresh high in international crude oil prices. Oil touched $122 a barrel Wednesday.

The Indian equities markets, which opened in the red Thursday, soon slipped sharply with selling pressure all around, especially in IT, banking, realty, capital goods, public sector undertakings, metals and the oil and gas sectors.