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Four greenfield airports get Cabinet nod
ds for the development of four regional airports in Andhra Pradesh under public private partnership would be called for the second time. A proposal to this effect was approved by the state Cabinet here on Tuesday.

Suven Life Sciences to raise $50 mn via securities
Pharmaceutical firm Suven Life Sciences today said it will raise $50 million (nearly Rs 239.5 crore) through the issue of securities.

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Getting caught in the 'web'
With convenience and interactivity as its plus points, Web TV has emerged in a big way in India
Small Business

Nokia enters into JV deal with Chinese firm

Finnish handset giant Nokia today said it will form a joint venture with an investment firm New Alliance to offer mobile services in China. - Fully loaded - It"s the way you talk - Nokia to cut 220 R&D jobs in Japan - Gadgets on wheels - Nokia to axe 330 jobs in Finland, Denmark - Simple joys Chines investment company New Alliance is part of the Shanghai Alliance Investment. In a statement, Nokia said it has joined forces with New Alliance to form a 50:50 joint venture company to offer a range of mobile services in China and support the local developer ecosystem. The JV firm would be called Nokia Alliance Internet Services Company. It would offer services in January 2010 and involve about 80 people. "As Nokia is entering the services business in China, establishing this joint venture is a natural step to help us bring locally relevant mobile services to Chinese consumers," Nokia Executive Vice-President (Services) Niklas Savander said.


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