British billionaire Sir Richard Branson has finally launched his telecom brand “Virgin Mobile” in India under a franchisee agreement with CDMA major Tata Teleservices.

Under the deal, Tata Teleservices, which is the second largest CDMA operator with 22 million customers, will sell the mobile service under the brand name of Virgin Mobile to target young consumers. The venture will offer music, entertainment and news about Indian film industry, sports and stock market.

This is Virgin Group's seventh launch after Australia, Canada, France, the UK, the US and South Africa, and the investment would be the largest in the country.

Tata Motors has rolled out the new version of the Sumo utility vehicle (SUV) that it

The country's largest two-wheeler maker, He

Chennai-based FMCG major CavinKare announced that it has forayed into the south by gett

Steel pipe manufacturer Welspun-Gujarat Stahl Rohren has received an order worth Rs 1.20 billion from a European customer, to supply ERW line pipes in Southern Europe

Anil Ambani led Reliance Communications (RCom), India’s second biggest wireless operator, is consolidating its global business under the single umbrella brand of ‘Reliance Globalcom.’

Punit Garg, president, Reliance Globalcom stated that Reliance Globalcom, a division of RCom, will be headquartered in London, and will come up with an initial public offer (IPO) shortly.

“As this company is outside India and all its revenues are in foreign currencies, it is but natural that it will be listed on an exchange there, after evaluating where we can get the best possible investors,” said Mr. Punit Garg.