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Mixed cues across Asia
The Hang Seng is trading at 21,394, lower by 283 points, while the Nikkei is at 10,776, higher by 11 points.

Riding on the rally
With markets moving up on the disinvestment buzz, Smart Portfolios too registered steady gains last week. It was after a while that all fund managers participated in the markets. While Phani Sekhar and Praveen Panjwani were seen re-building their portfolios, Amar Ambani and Ajay Parmar continued with their churning process.

News of the day

JSW Energy to hit capital market in third week of October
JSW Energy plans to hit the capital markets in the third week of October to raise around Rs 3,000 crore by diluting 10 per cent equity stake.
Small Business

Aircel, Infy to launch mobile application store

Telecom service provider Aircel today entered into a partnership with software exporter Infosys Technologies to launch the first mobile application store in the country. - Aircel to sell 17,000 towers by mid-February - Panel seeks black-listing L&T, Siemens; Infy"s Murthy not spared - Where do I begin? - Green economy - Ex-Infy BPO div head gets life ban - We did not start the tariff war: Airtel A mobile application store is a service which allows users to browse and download applications either for free or at a cost. The concept of application store was pioneered by Apple for its iPhone users. Infosys, the country"s second-largest software exporter by revenue, will offer a platform — FLYPP — for Aircel"s mobile application store, Aircel COO Gurdeep Singh told reporters here. The application store will provide consumers greater choice for applications related to health, finance, entertainment, he added. The IT firm is also in talks with other global and domestic service providers for the mobile application platform, Infosys Chief Operating Officer SD Shibulal said. The company, however, did not give the financial details of the deal.


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