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According to the country’s spokesperson, it was found out that on Tuesday, India’s largest oil explorer Oil and Natural Gas Corporation (ONGC) plans to invest $7.7 billion in developing one of India's biggest gas fields off the eastern coast.

ONGC has aimed to drill eight additional wells in a block of the KG basin and has got approval from the regulator and the petroleum ministry. They have been exploring tie ups with the foreign companies and foreign partners who are expert in ultra deepwater drilling.

According to a new index released by TLG Communications, indigenous brands in India are leading the country as “Thought Leaders” and are outperforming many “western” mega brands, such as Apple.

The index, which was launched by TLG in partnership with international research consultancy firm GlobeScan, found that IT giant Infosys and software conglomerate Tata claimed the top 2 positions because they were widely perceived as corporate brands with the power to change the attitudes and behavior of consumers, employees and politicians.

According to the index, having this power defined companies as "Thought Leaders".

In an attempt to capitalize on the huge popularity of the eclectic music of Delhi Belly, UTV Interactive digital channel of India has posted a unique karaoke jukebox feature on YouTube.

UTV Interactive, the digital arm of UTV Software Communications LTD, is the first to launch this brand new innovation, which is sure to delight current and future users.

The organizations were allowed to apply for the different fields in the Internet Corporation for Assigned Names and Numbers (ICANN) from January 12 to April 12 in the coming year. The ICANN declared that the various fields of internet could be in any language, any script and that there was no word limit so as to provide the internet users with a wide variety of information.

The IT company in Bangalore is releasing the ‘Electronic Hardware Policy 2011 and the Information and Communication Technology Policy’.

The industry is considering where they should explore their options in order to develop meaningful growth. The state has already contributed 30% of the country’s IT exports. The new policy will focus more on branding Bangalore and Karnataka. The Government has also planned to focus on software product development and find ways to fund institutes of higher learning.

Nokia assured its costumers that it will regain the popularity that was lost for a while and was going to give a tough blow to its competitors with its efficient performance. The Chief Executive, Stephen Elop, revealed at a telecom fair at Singapore that with the help of Finnish company, Nokia was repairing its working and thereby launched its new Nokia N9 so as to authenticate its declaration.