2. India may give BlackBerry more time for solution India may extend an August 31 deadline in its standoff with Research In Motion if the BlackBerry maker says it has a solution and asks for more time, a senior government source said on Friday. India has insisted it would block some BlackBerry services next week if the smartphone maker did not address security concerns, and government officials said they were hopeful for a solution soon.
3. Titagarh Wagons in talks with Japanese co Wagon maker Titagarh Wagons Ltd is in talks with a Japanese firm to form a joint venture to make steel bridges, a top official said. "We already manufacture bailey bridges, but these will be large steel bridges for railways and roads. We are in a very advanced stage discussions with a Japanese firm for a joint venture," Chairman JP Chowdhary told reporters on Friday in the sidelines of the annual shareholders' meeting.
4. Automakers to launch new models, spend more in India Global automakers in India are planning to launch new models and boost investment in the country, executives said at a conference, signalling brisk demand in one of the fastest growing car markets in the world. French car maker Renault's Indian unit will launch five cars between mid-2011 and mid-2013, including small cars in 2012, its India head said at an industry conference on Thursday.
5. Central Bank of India sees lending rates rising soon Central bank expects lending rates to rise by 25-50 basis points in the near-term, Chairman and Managing Director S Sridhar told reporters on Wednesday. The bank has seen a credit growth of 21-22% in FY11 so far, he said on the sidelines of an industry conference.
6. Google to allow phone calls from Gmail Google Inc said users of Gmail will now be able to call telephones directly from their email, putting it in direct competition with Web calling service Skype and more traditional operators such as AT&T Inc and Verizon Communications.