2. ICICI joins club of 10 most valuable companies The country's top private sector lender, ICICI Bank, made its entry into the list of the top-10 most valuable companies by market capitalisation this week. With a market capitalisation (m-cap) of 1,28,016 crore, ICICI Bank now features at tenth rank in the list, knocking state-run BHEL out of the prestigious club. During the past week, ICICI Bank added Rs 10,809.4 crore to its m-cap.
3. Kingfisher plans to add Mysore, Pant Nagar in its network VijayaMallya-owned private air-carrier, Kingfisher Airlines, plans to launch an air service for Mysore in Karnataka and Pant Nagar in Uttarakhand by October. The launch of these proposed services is a part of the airline's plan to add over 10 per cent capacity during the winter schedule. Airlines' winter schedule in India commences from October 29 and lasts up to March 28 every year.
4. Continue… Besides, the airline is also mulling a flight service between Delhi and Pant Nagar from the coming winter.
5. Nokia pins hopes on 3G for boosting smartphone market share Handset-maker Nokia today said that with the launch of 3G mobile services and people opting to go for replacement of old devices, the smartphone market in India is set to more than double in the next two years. During its annual technology event earlier last week, Nokia Vice-President (Markets) NiklasSavander, announcing the launch of the company's latest smartphones, said, "Nokia sells 260,000 smartphones every day globally... We plan to sell 50 million of the new smartphones post their launch."
6. Continue… During its annual Nokia World event held here this year, Nokia unveiled three new devices --- E7, C7 and C6 --- all using the latest Symbian software.
7. Tata Motors mulls hike in price of Indica, Indigo Tata Motors is understood to be mulling a hike in the price of its passenger cars, Indica and Indigo, by a "significant" amount with effect from October 1 next month. According to an internal communication circulated among top Tata Motors officials, the company plans to hike prices to minimise the impact of rising input costs, particularly tyres. The upward revision in the prices was necessary to offset rising input costs, specially that of commodities.
