It was announced by India's top mobile operator, Bharti Airtel on Monday that mobile services in Sri Lanka has been launched by it and the company would also invest $200 million on the operation in the island.

Via its subsidiary Bharti Airtel Lanka, the company has launched the services on a third generation network. A suite of innovative services and redefined affordability by offering attractive call rates has also been launched by Airtel.

On Wednesday, a digital media player with a built-in 500GB hard drive and support for HD video was introduced by Netgear.

The name of the Digital Entertainer Elite is EVA9150, which allows the user to watch videos, images and listen to music on their TV and stereo.

Furthermore, the users can also acquire access to Internet content, like YouTube, Internet radio, Flickr and RSS (Really Simple Syndication) feeds.

Since the bank lending has remained tight in the recent times, the sales of India's passenger car segment in domestic market declined for the fifth time in the last six months in December. The major reason was the slow economy which forced consumers not to purchase the new vehicles.

There was decline of 7% to 82,105 units in December in car sales from 88,272 sold in the same month last year.

The Indian Automobile Manufacturers (SIAM) said on Monday, "Total automobile sales were down 18.2% at 597,622 units while exports grew by 33% to 138,258 units."

Since the Chinese authorities cracked down on online porn over the weekend, it shut down nearly 50 additional websites and also instructed Internet giants like Google to end any sort of links with such material.

It should be noted that as a part of a month-long campaign, that the government informs is aimed at stamping out online pornography, a total number of 91 sites have been shut down or blocked since Thursday.

The reporters on Monday were informed by an oil ministry official on the sidelines of the Petrotech conference that ONGC Videsh is close to buying a stake of up to 40 percent in the Satpayev block in Kazakhstan.

The deal has yet not been finalized. It was further revealed by reliable sources that during a visit to India by Kazakhstan's President Nursultan Nazarbayev in the next few weeks, the deal might be signed.

The latest report of Society of Indian Automobile Manufacturers (SIAM) paints a grim picture for the besieged Indian automobile industry.

The report said that the sales of the car in country fell 7 per cent in December, the fifth drop in six months as inadequate finance and a slowing economy hollowed demand in the traditionally weak month. The report predicts that carmakers sold 82,105 units in the month, below the 88,272 sold a year ago.