The United Stock Exchange of India (USE) will begin offering currency futures contracts, competing with the NSE and MCX-SX exchanges. Bharti Airtel awarded contracts to Ericsson, Nokia Siemens Networks, and Huawei Technologies to build out its 3G network infrastructure. BMW India is considering entering the luxury motorcycle market in India within the next couple months. ICICI Investment Management raised $50 million for its Emerging India Fund, a private equity fund targeting $100 million total.