India

IDLDPL Launches Digital photo frame ‘YES DPF900’ in India

The technology seems to be advancing day by day and it brings happy news for all those who are Gizmo freaks. To add more to their wardrobe, IDLDPL (Indian Digital Lifestyle Distributors Pvt. Ltd.) recently has launched their latest photo frame called YES DPF900.

The YES DPF900 has an attractive and high-contrast 9-inch LCD screen which allows capturing the pictures at high resolution. This digital photo frame allows you to store all the photographs and view it anytime, anywhere.

Trent to invest Rs 2000 cr for hypermarkets

Tata Group’s retail venture Trent has decided to invest Rs 20 billion for setting up 50 hypermarkets, Star Bazaar in the next five years.

The fund for the proposed hypermarkets will be raised through internal accruals and debt.

Besides that, Trent aims to expand to 100 stores across formats by 2009-10.

The company (Trent) has launched its second Star Bazaar, which is a one-stop shop spread across nearly 75,000 square feet over two floors at Andheri in Mumbai today.

Virgin Mobile Rolls Out ‘vTrendy’ In India @ Rs 1,499

Virgin Mobile in association with its Indian partner Tata Teleservices has made announcement about the launching of its new sleek, color screen, FM-Radio enabled phone, named ‘vTrendy’ in the Indian market.

Targeting youth, the newly launched phone comes packed with a lifetime validity voucher plus a starter user kit for its customers.

The company claimed that ‘vTrendy’ is the only phone that comes at a real affordable price with a variety of unique features.

BSE To Buy 26% Stake In NMCE

India’s oldest stock exchange, the Bombay Stock Exchange Ltd (BSE) has decided to buy a 26% stake in Ahemdabad-based National Commodity Exchange (NMCE) of India.

This is the BSE’s first foray into the commodities trading. This coalition will offer NMCE to leverage the huge network of BSE, and to enhance its market share.

Kailash Gupta, managing director of the National Multi-Commodity Exchange of India Ltd (NMCE) said, “The deal size is about 1 billion rupees ($25 million).”

Reliance Energy looks good at current levels

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Reliance Energy is buzzing for last couple of weeks. The stock has seen decent gains and also have lost substantially in few trading sessions. The company has good fundamentals. The Power sector is looking promising.

Stock Analyst Deepak Mohoni expects Reliance Energy to offer a return of 10 - 15% over next two months. It will be good to accumulate the stock at every correction. The delivery based position with a time period of 2 - 4 months will offer good returns to investors.