3. Google will roll out the new feature to US- based Gmail user over next few days.
4.
5. Jairam dashes Vedanta’s hopes of mining bauxite Vedanta resources plans for India appear to under siege with the environment ministry rejecting its proposal to mine bauxite in nilyamgiri Hills of Orissa The refinery has allegedly violated the environment Protection act by increasing capacity to 6 million tones per year from 1 mtpa without getting the requisite clearance.
6. Vedanta has plan to use bauxite from niyamgiri mines to operationalise the lanjigarh refinery. The mine would help the company to reduce raw material costs. Now, the company will seek alternative bauxite mine to feed its alumina refinery after the central government denied permission to mine bauxite in Niyamgiri.
7. Now trade in stocks on cell phone SEBI has cleared the security mechanism to be deployed by the broker to prevent fraudulent. Users will need multiple passwords to log in for trading. Investor would also need an internet enabled phone & a mobile banking account to transfer funds from his bank to the broker to purchase shares.
8. Mobile trading facility would allow more investors to move to internet from physical brokers. Some of the biggest telecom companies in India are also waiting to tie-up with brokerage houses to let subscribers transact in stock market using mobile phones. BSE & NSE had installed necessary technical equipment to facility mobile stock trading.
9. Wipro set to enter defence sector The government is understood to have approved a proposal from Bangalore based Wipro Ltd.to enter the defence sector. FIPB had given its nod to Wipro for designing, developing and manufacturing defence related software.
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