Ace Golfer Jyoti Randhawa will be the Brand Ambassador for Religare Enterprises, a financial services arm of Ranbaxy Group .With the deal finally signed the golfer shall wear the Religare brand logo on his sleeve for one year. The CEO and MD Religare Enterprises, Sunil Godhwani said "From strategic perspective as an organization, we are always open to such associations and we look forward to nurture and encourage young, energetic and vibrant talent".

In a tiff to prove ownership of land in Gujarat, where the automobile giant Tata Motors is planning to construct its Nano project, a group of farmers from the gathering villages have pulled their socks up to fight a legal case against the automobile giant. Apparently, the farmers were not at all happy with the concessions being given to Tata Motors.  

Adding more, on Wednesday, a Public Interest Litigation (PIL) was also filed in the Gujarat high court. 

India is being seen as the world’s fastest-growing wireless market. Keeping this in mind, the maker of BlackBerry devices, Research In Motion (RIM), based in Canada, revealed its plans to sell unbundled handsets through retail chains and some exclusive stores in India. 

According to the sources, “The company is on fast track to roll out a few own outlets and sell its devices through other mobile stores. This is in addition to the operators with whom it has tied up in India.” The sources also added that the company is also engaging in talks with RPG Cellucom, HotSpot, Mobile Store and Mobile Kingdom for retail tie-up.

Swedish luxury car maker, Volvo, launched a new sports utility vehicle (SUV) XC90 on Wednesday. It is also planning to launch XC60 model in Indian market. 

XC90 sports model can be availed at Rs. 58 lakh. It supports a strong engine having 32 valve and 4.4 liter patrol capacity. It is available in five colors. XC90 is equipped with a number of luxury and safety features having sport-tuned chassis, sports calibrated steering and sophisticated stability control techniques.

After delivering 99 helicopters to Indian Clients, the US Based rotorcraft manufacturing major, Bell Helicopter, while handing over its 100th helicopter in India at the Indian Aviation 2008 at Hyderabad announced its plan of set up a Maintenance, repair and overhaul (MRO) base in the country. 

Bob Fitzpatrick, Senior vice-president, Bell Helicopter said that the company was in the initial stage of talks with potential partners for the unit and hope to wrap up the plan within an year.

Helsinki  - Finnish-based Nokia, the world's biggest mobile phone maker, said Thursday its operating profit dropped by 21 per cent in the third quarter 2008.

Operating profit for the quarter was 1.46 billion euros (1.98 billion dollars), compared to 1.86 billion euros for the corresponding business period in 2007.

Net sales dropped 5 per cent in the quarter to 12.2 billion euros.

Chief Executive Olli-Pekka Kallasvuo said in a statement he believed Nokia was "well positioned for the current times," citing the group's "scale, brand, improving product portfolio and low cost structure."