1) The entire 9.5% interest on Employees' Provident Fund accounts will be tax-exempt for the current fiscal year. 2) BMW has received a license to operate as a non-banking finance company in India to help finance customers looking to buy BMW cars. 3) Nokia launched the Nokia C3 in India, the first Nokia device with a full QWERTY keyboard for the Series 40 platform, allowing users to access social networks from the device.