By Soroor Ahmed, TwoCircles.net

By IANS,

New York : A company owned by Microsoft co-founder Paul Allen has filed a complaint in a US court against 11 companies, accusing them of patent infringement.

The Interval Licensing LLC Friday filed the complaint in the district court in Seattle against Apple, Google, AOL, eBay, Facebook, Netflix, Office Depot, OfficeMax, Staples, Yahoo and YouTube.

The patents in the lawsuit cover fundamental web technologies first developed at Interval Research, a now defunct business founded by Allen and David Liddle in 1992, Xinhua reported citing a Interval Licensing statement.

By IANS,

Mumbai : Selling pressure built up late at Indian equities markets, pushing a benchmark index 227 points down Friday, below the 18,000-level. The correction in the market was broad-based with analysts expecting further downtrend in the coming days.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,205.9 points, closed at 17,998.41 points (provisional), 227.94 points or 1.25 percent down from its previous close at 18,226.35 points.

By Gurmukh Singh, IANS,

Toronto : With India's Aug 31 deadline for access to its ultra-encrypted messenger and email services approaching, BlackBerry maker Research In Motion (RIM) said it has no "master key" or "back door" to accommodate requests for access to encrypted data.

In a bid to dispel what it called three "misperceptions" about its smart phone, the Canadian company Thursday said that the first misperception is that "RIM has the keys to decode or decrypt the encrypted data that flows through the BlackBerry Enterprise Solution".

By IANS,

New Delhi : Selling pressure built up late at Indian equities markets, pushing a benchmark index 251 points down Friday.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,205.9 points, closed at 17,974.4 points (provisional), 251.95 points or 1.38 percent down from its previous close at 18,226.35 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty shut shop 1.47 percent in the red at 5,397.25 points.

By IANS,

New Delhi : Automotive lighting solutions provider Lumax Industries Thursday said it will invest Rs.200 crore to set up two plants in the next two years.

"We will be setting up two plants in the coming two years with an estimated cost of Rs.200 crore for Tata Nano and Toyota Etios," said Anmol Jain, senior executive director, on the sidelines of an auto-component conference here.

By IANS,

Mumbai : IDBI Bank has received the best public sector bank award for financing small and medium enterprises (SMEs) from global business information provider Dun and Bradstreet (D&B).

"IDBI Bank has developed a special business model to serve the SMEs in the country that has enabled the bank to develop a quality SME portfolio through a dedicated streamlined credit decision process," said T. R. Bajalia, executive director and head (SME Group), IDBI Bank.

The award was presented to IDBI Bank at the "Dun & Bradstreet - Polaris Software Banking Awards 2010" here.

By IANS,

New Delhi : India Friday said the ongoing discussions with Blackberry maker Research in Motion (RIM) would result in a solution, satisfying the country's security concerns.

"The discussions are still going on. We are not in the business of shutting down services," Minister of State for Communications Sachin Pilot said on the sidelines of an e-governance seminar here.

RIM officials began talks on access to encrypted data with the home and telecom ministry Thursday.

By Gurmukh Singh, IANS,

Toronto : Research in Motion (RIM) stocks sank to a 17-month low as the BlackBerry maker Thursday said that use of strong encryption in wireless technology is not unique to them and "it is unquestionably an industry wide matter".

Slipping 1.9 percent, RIM stock closed at $46.84 on the Nasdaq - the lowest since April 1, 2009. The stock also dived 2.4 percent on the Toronto Stock Exchange, closing at $49.45.

By IANS,

Mumbai : A benchmark index for Indian equities crept up from its opening lows Friday, but was still trading dull, about an hour into trade.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,205.9 points, was at 18,212.31 points, 14.04 points or 0.08 percent down from its previous close at 18,226.35 points.

It had fallen to 18,155.16 points soon after opening bell.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling 0.13 percent in the red at 5,470.95 points.