In order to consolidate its position in the $62 million smart cards market in the country, Bartronics India Ltd (BIL) launched its new range of products on smartcards at the ongoing Smartcards Expo 2008 held in New Delhi on Wednesday.
Manufactured by Bartronics, these smart cards are targeted at software development companies to use for application development (for SIM, mass transit and other embedded systems applications).
The mobile version of popular Indian social networking site is released on Thursday. The social networking website is very popular among Indian youths and it can now be accessed through mobile phone.
It mobile version is called ‘Mobile Adda’, which can be used like a full fledged PC. After signing in, users are allowed to receive, read, reply and send scribbles to their friends. It also supports search profiles and invitation sending options on the network.
Sanyo Electric has informed that the company is likely to call off the 50:50 joint venture with Bangalore-based BPL, for manufacturing cathode ray tube (CRT) televisions by the year-end.
Further, the company stated that it has made the decision as it wants to focus on plasma and LCD televisions, batteries, industrial cooling systems while not being saddled with conventional colour televisions.
Videocon Industries announced that its wholly-owned arm Videocon Energy Ventures will get hold of a 10% participating interest in the exploration and production concession of Anadarko Mozambique Area (Anadarko), a Mozambique-based indirect arm of Anadarko Petroleum Corporation, US.
Videocon Retail, a part of the Videocon Industries, is all set to invest Rs 8 billion for strengthening its electronic retail format Next Retail and mobiles, music, entertainment and lifestyle chain Planet M by 2011.
Moreover, Videocon is in talks with Japanese majors Mitsui and Hitachi in order to establish a logistics company in a JV for supporting its retail operations.
Infosys Technologies is all set to acquire UK based consultancy Axon Group. The company has to pay a huge amount of £407.1m ($755.5m) for this acquisition. The shareholders and board have already supported the deal. The acquisition would be the largest ever by any information technology company in India.
Bartronics India Ltd (BIL) launched its new range of products on smartcards at the ongoing Smartcards Expo 2008 held in New Delhi on Wednesday.
social networking website is very popular among Indian youths and it can now be accessed through mobile phone. 
Sanyo Electric has informed that the company is likely to call off the 50:50 joint venture with Bangalore-based BPL, for manufacturing cathode ray tube (CRT) televisions by the year-end.
has to pay a huge amount of £407.1m ($755.5m) for this acquisition. The shareholders and board have already supported the deal. The acquisition would be the largest ever by any information technology company in India. 
