Finance minister Pranab Mukherjee said that Securities and Exchange Board of India (SEBI) has got complaints of insider trading by Reliance Petroleum (RPL) and 18 other companies during the last 3 years.

Without disclosing the companies’ names, Mr. Pranab said that the market regulator (SEBI) received complaints of alleged insider trading in the shares of nine companies.

Hamburg  - British entrepreneur Richard Branson has told a German magazine he will test-fly a joy-riding spacecraft this year.

Branson's company, Virgin Galactic, plans to take passengers to the verge of space, though not high enough to achieve earth orbit. The tourists will experience weightlessness for several minutes.

The take-offs are expected to be from the US state of New Mexico.

At the Mobile World Congress in Barcelona today, HTC and Vodafone announced the second major Google Android phone and the audience even were able to receive a demo of the HTC Magic.

The new phone dubbed as Magic has a 3.2-inch, 320-by-480 screen, and is all-touch-screen device with a track ball similar to the one on the T-Mobile G1, the first Android phone. The phone also features a 3.2-megapixel camera, a built-in compass and GPS.

If adhered to HTC, "The Magic runs on a 528-MHz Qualcomm processor, has 3G and Wi-Fi, and its 3G radio absolutely, and positively does not work at all in North America."

The domestic abuse advocates are getting really angry about the latest technology, which eliminates anonymous callers by exposing their phone numbers and sometimes even their addresses, as they are of the viewpoint that the product may put victims at risk.

The basic aim of TrapCall, which was launched Tuesday, was to unblock and reveal callers' identities and numbers even after individuals have tried to block the information.

It was recently confirmed by Verizon that it has selected French-American telecoms gear maker Alcatel-Lucent and Sweden's Ericsson to upgrade its wireless network to high-speed fourth-generation LTE services.

In addition, an underlying IP network would be built by Alcatel-Lucent and Nokia and Siemens joint venture NSN that would allow LTE Long Term Evolution and other mobile technologies to supply faster multimedia services.

KEC International, a leader in the power transmission and distribution EPC business, announced that it has bagged orders worth Rs 365-crore from various government bodies for electrification of villages in West Bengal and Bihar.

The firm received the first order worth Rs 2.55 billion from West Bengal State Electricity Distribution Company for electrification of 3,340 villages that is scheduled to be completed by August 2010.

The second order valued at Rs 670 million was from Power Grid Corp Ltd in Bihar. The project is scheduled to be completed by July 2010.