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Nokia to cut 220 R&D jobs in Japan
Nokia, the world"s biggest mobile phone maker, said today it would cut around 220 jobs in Japan as part of its plans to streamline its vast research and development operations.

Import of mobiles without IMEI banned
In a significant development, India has banned the import of mobile handsets without International Mobile Equipment Identity (IMEI), a unique identification number.

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Markets remain flat
The Sensex is now at 16,262, down 27 points. The NSE Nifty is at 4,853, down two points. Meanwhile the European markets have opened on a positive note. FTSE is up 37 points.
Public Relations

Sun TV Network profit surges 20% to Rs 130 cr

Media house Sun TV Network today reported a rise of 20.54 per cent in its net profit at Rs 130.56 crore for the second quarter ended September 30, over the same period a year earlier. - Sun TV ties up with Endemol - Tata Steel net dips 50% to Rs 903 cr - GMR Infra net dips 40%; to raise Rs 1,000 cr - United Spirits Q2 net down 25% at Rs 69 cr - Wipro Q2 consolidated net up 19% at Rs 1,161 cr - Idea Cellular Q2 net profit at Rs 220 crore The company"s income rose to Rs 320.3 crore in the latest quarter of the current financial year from Rs 237.8 crore in the corresponding quarter last year, Sun TV Network said in a filing to the Bombay Stock Exchange (BSE). Sun TV Networks operates 20 satellite television channels in Tamil, Telugu, Kannada and Malayalam. The company also runs FM radio stations. For the half year ended September 30, 2009, the company posted a net profit of Rs 250.36 crore, up 18.74 per cent as against Rs 210.85 crore in the same period a year ago. "The channels have been able to maintain their advertising growth from a well-diversified mix of clients (national, regional and local) across multiple product categories," Sun TV Network said. Shares of Sun TV Network were trading at Rs 328.90, up 2.62 per cent in afternoon trade on the BSE.


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