ComScore, a leader in assessing the digital world, today released a report on the top social networking sites in India.

The report said that visitation to the site group grew 51% from the previous year to over 19 million visitors during December 2008.

According to report, global social networking brands continued to gain status in India in 2008, with Orkut, Facebook, hi5, LinkedIn and MySpace each witnessed significant increases in visitation.

With the intention to promote scientific research for the development of India, Software giant Infosys Technologies has made announcement about the launching of ‘Infosys Science Foundation’ on Tuesday.

Infosys Science Foundation, a not-for-profit trust, will encourage research in sciences and accolade exceptional inputs and achievements by Indian people.

The foundation has been funded with a corpus of Rs 21.5 crore contributed by the eight board members of the company.

Leading electronic equipment manufacturer, LG Electronics, announced to launch a new Handset KT770, company's fourth S60 on Symbian device, at the Mobile World Congress. The new product runs on Symbian OS 9.4, representing S60 5th Edition on Symbian operating system with a slider form factor and a numeric keypad.

Its other features include highly efficient 5-megapixel camera, 2.8-inch touch screen, Wi-Fi facility and HSDPA connectivity to offer high speed data transfer.

Tamil Nadu has touched new heights in offering freebies to public, offering interest-free crop loans to farmers under a new scheme and cutting land revenue to its lowest level.

In yet another populist decision, the state government waived interest on all crop loans given by cooperative sector banks. The cooperative banks have already cut interest rate on such loans. The move is aimed to woo farm community, a significant vote bank of DMK, in the wake of forthcoming parliament elections.

The textile and real estate firm, Bombay Dyeing & Manufacturing Co Ltd disclosed share pledged by investors following the directives of market regulator, the Security and Exchange Board of India to divulge shares pledged by promoters of all listed companies.

The promoters of firm pledged 12.88 per cent or almost 5 million shares, as per its revelation before the National Stock exchange (NSE) under Regulation 8A of Securities and Exchange Board of India.