According to Reuters’ report, the world’s mobile phone bigwig Nokia intends slashing another 450 jobs in its services business, IT support and industry collaboration. The move depicts Nokia’s attempt to reduce costs in the face of the weak demand.

Around 360 workers will be laid off in Nokia’s Internet Services division, as the company folds operations into Ovi Store, which is its content storefront for its May-scheduled mobile devices.

In a much-needed move to prevent inadvertent activation of value-added services (VAS) - like hello tunes and call ring-back tone - on the users' phones, the Telecom Regulatory Authority of India (TRAI) directed the mobile operators on Monday to seek written consent of users for activation of the services.

The TRAI measure has come in response to the horde of consumer complaints regarding the activation of the aforesaid services without their consent.

A change over to computer-based examination from the 33-year-old paper-based examination system Common Admission Test (CAT), conducted for admissions to the country's seven IIMs, is on the cards this year onwards!

The prestigious management institutes - at Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Shillong, and Kozhikode, - have arrived at a consensus for changing over to an online Internet-based CAT, which will bring to an end the gargantuan task involving a lot of paper work and logistic arrangements for conducting the test.

The government's new foreign direct investment (FDI) rules which, according to the banking sector, are rather ambiguous might likely be reviewed. The Reserve Bank of India (RBI) had recently raised issues concerning the rules, and other banks too are awaiting clarity of the new policy.

As per the FDI guidelines given, the ownership of India's biggest private lender ICICI Bank would need to undergo a change - they would have to substitute their 'resident entities' status with a non-resident entities status.

You can now think of LG Versa as gaming device. LG has released game pad module for LG Versa that virtually turns the LG Versa mobile phone to gaming platform.   

The LG Versa snap-on game pad module gets attached to the back of the phone and slides from the side. The game pad can be removed when not in use. The game controller pad uses power from the phone’s battery.

The game pad module features 8-way directional pad and four SNES-style gaming buttons. The thin game pad module really helps enhancing the gaming experience on the phone.