Indian stock markets were trading on a flat note this afternoon offsetting hopes of an additional cut in policy rates by the central bank (RBI) actuated by a reduction in inflation to a 15-month low.

For week ended February 14, inflation fell to 3.36% as against 3.92% during the last week.

Heavy selling action was witnessed across banking stocks, which fell more than 2%.

After giving 3 back-to-back hits at the box-office, Dhanush is all set to feature with his favorite director Vetrimaaran for his movie Aadukalam.

Dhanush feels that in the new film, he would appear in a totally different style, unlike any other role he has done till date.

The young talented actor is back in the tinsel-town from Bangkok. The 27-year-old actor spent the valentine weekend with his lovely wife Aishwarya (daughter of Rajnikant).

Australia and South Africa are eying the top spot in the ICC Test rankings ahead of the three-Test series, which begins here from today.  

It can be recalled here that Aussie’s are clinging on to the top spot - a position it has held for almost six years - with 126 points.

However, the Proteas, with 121 points, are also not too behind them.

With 118 points, India is placed at third position.  

Finally the time has come to drive Tata Motors much awaited and the world's cheapest family car ‘Nano’.

Today, the company announced that it will roll out ‘Nano’ on March 23 in the Mumbai market.

The launch would happen at a function to be held in Mumbai.

The company also said that the bookings for the car will start from April 2009.

In a major declaration, the company said, “The cars will be on display at Tata Motors dealerships from the first week of April 2009. Bookings will commence from the second week of April 2009.”

GMR Infrastructure Ltd announced on Wednesday that its unit GMR Energy, through its subsidiaries, has bought Indonesia's PT Barasentosa Lestari.

In a disclosure to the Bombay Stock Exchange, the group said that said it has acquired 100 per cent stake in Indonesia-based PT Barasentosa Lestari through its wholly-owned subsidiary, GMR Energy, for an undisclosed amount.

It further added that the Indonesian firm holds a license providing a 30-year mining authorization over two coal blocks in the country.

ASUS has launched its new G50V gaming laptop in the Indian market.

Targeted at portable gamers, the newly launch laptop computer offers up outstanding gaming experience with great visual computing power.

The new gaming laptop, which is based on Based on the Intel Mobile PM45 chipset, claims to offer a complete gaming experience with the Nvidia GeForce 9700M GT graphics processor and 512MB of dedicated GDDR3 memory.

Moreover, it supports up to 4GB DDR2 800MHz memory.