SBI Mutual Fund (SBI MF), one of the largest mutual funds in the country has introduced ‘SBI Debt Fund Series -90 Days Fund-31’ in Indian market.

The fund is a close ended equity scheme with primary objective to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising debt instruments such as government securities, AAA/AA+ bonds and money market instruments.

The fund is open for subscription from October 31, 2008 till November 3, 2008.

The Scheme will offer Growth Option and Dividend Option.

World’s largest mobile handset maker Nokia has come up with its latest ‘N’ series model, N79 in the Indian market.

Touted to be a multimedia phone, the Nokia N79 comes with a 5MP camera with dual-LED based flash. It has swappable back-covers that change the look to match the clothes or other fashion of the owner. It has 3G, Wi-Fi, GPS features and 24-hour music playback battery life.

According to a new study high blood levels of C-reactive protein (CRP) do not increase the risk of heart disease and stroke. The protein CRP is a part of the body's inflammatory immune response and earlier studies had suggested that this protein could be linked to events that culminate in the formation of a blood clot, which can go on to cause a potentially deadly heart attack or stroke.

LG Electronics India, a global leader and technology innovator in consumer electronics, has decided to hike prices of its products in almost all categories from November 1 to offset the sharp depreciation of rupee against the dollar.

Amitabh Tiwari, Head of Electronics Department, LG Electronics India said,, “We have decided to hike prices from November 1 ranging from up to 5 per cent across almost all product categories, as we are unable to take further hits on account of rupee depreciation.”

Hero Honda Motors, the country's largest two-wheeler manufacturer, has signed an agreement with Andhra Bank to offer financing support for buyers of their products.

Hero Honda and Andhra Bank have teamed up to support two-wheeler buyers, including in the rural parts of the State.

The company claims that buyers can avail themselves of loan up to 90 per cent of the road price of the vehicles. The tie-up is particularly aimed at those in the farm sector, salaried employees and institutional customers.