Technology giant LG has recently released its two new budget handsets, the GB110 and the GB106 for its Indian users.

Targeting low to mid range customers, both candybar phones comes equipped with quite a few features.

The new LG GB106 mobile phone, which is cheaper of the two, sports a decent 1.5 inch 65k color screen and has 1.5MB of memory.

The phone also features a built-in FM Radio and a five-way D-pad. Moreover, the users do not require connecting the handset to listen to radio broadcasts on this phone.

BSNL landline phone service would offer a rent rebate to Pune customers whose phones had been dead or faulty for 15 days at a stretch during April 2007 to July 2008.

The Bharat Sanchar Nigam Limited (BSNL) has issued an interim circular to give a “rent rebate” to 22,700 customers whose telephones had gone dead for three or more days in a row. The telephones went dead due to technical faults, and occurred intermittently over a 14-month period.

Virgin Mobile topped user satisfaction in the year 2008. Out of 11 telecom operators only 5 could meet 90% quality benchmark set by TRAI.

Airtel which is considered to be the largest private operator in the sector failed to qualify for the TRAI benchmark. The other telecom operators that failed were BPL, Idea, MTNL and Spice. Vodafone and BSNL vied for the second spot with Vodafone making it to the spot by just 0.01%.

Federal Bank was immensely helped by the sharp rise in other income and lower interest income to approximately double its net profit for the third quarter ending December 31, 2009 to Rs 203.89 cr from Rs 102.92 cr the previous fiscal.

The net profit of the bank had a rise by 45.67% to Rs 386.32 crore for the nine month ended December 31.

There was an increase by 94% to Rs 164.81 cr from Rs 84.95 cr the previous year in the other income of the bank for the quarter while an increase by 35.11% was noted in the interest income.

It has been learnt recently that the rest of the one-day international series with South Africa would not be played by Australia batsman Michael Clarke, as he needs to provide rest to his injured thumb.

Though Clarke had an injury, still he played to score 19 and take 1-29 in Friday's first one-dayer.

It has been further learnt that when the ODI series with New Zealand begins on 1 February, he would resume back to the team.

Recently it was it formed by the European Commission that European competition law has been violated by Microsoft by including Internet Explorer with Windows.  

It was also informed by the Commission that since Windows includes Microsoft's own browser; the other browsers are prevented from competing with IE.

It should also be noted here that under the European law, IE’s inclusion is not made by the remedies put in place under the US government's landmark 2002 antitrust settlement with Windows lawful.