The LN Mittal-controlled company, ArcelorMittal, is reportedly holding up its $20-25 billion proposed steel projects in Orissa and Jharkhand, largely because of the global economic crisis that has weakened demand for steel. As such, the world's biggest steelmaker's pending payment to the state government, for a 1,500-acre land earmarked for the proposed facility, will also be delayed.

The third beta of iPhone OS 3.0 has been launched by Apple, though with comparatively minor changes to the developer APIs. However, Ars has reported that the beta includes a rather significant transformation to push notification methods - badge, text alert, and sound.

Ending his two-year stint as the founding CEO of NDTV Convergence, Sanjay Trehan resigned from the post on April 13, 2009; to reportedly join a consumer-focused Internet company.

Overseeing NDTV operations since he took over as CEO on 10 March 2007, Trehan was responsible for running the dotcom and mobile assets of the group, including its flagship NDTV. com. During the course of his tenure, Trehan contributed towards building NDTV Convergence, and launching NDTV Active; Tubaah. com; NoGyan. com and NDTVkhabar. com.

In a latest development, India's largest utility NTPC has informed that it would start coal production from its mines in Jharkhand in the second half of this fiscal.

The company plans to achieve a coal production target of 15 million tonnes per annum by 2012.

It should be noted that NTPC has ventured into the coal mining business with an aim to meet about 20 per cent of its fuel requirement from its captive mines by 2017.

Chennai-based Polaris Software Lab, a financial technology company, has plans to expand its operation to 40 countries over the next five years.

In addition, the company, in order to strengthen its insurance portfolio business has decided to set up a centre of excellence for insurance near Chennai, with an investment of around Rs 100 crore to develop new solutions and to service company’s insurance clients.

BT India, the Indian subsidiary of BT group, which is one of the world’s leading providers of communications solutions and services, has announced the opening of its first ever BT Asia Pacific Security Operations centre (SOC) in India.  

The centre which is located in a BT dedicated building at Noida, will provide security device management services involving critical customer components including firewalls, intrusion detection devices and Bluecoat Proxy devices used for securing networked-IT environments.