According to some reports, after two years, Indian telecom sector, including Bharti, announced that they would be increasing their call rates.

The report also claimed that after China, with more than 850 million mobile links in the mobile phone market, India acquired the second position.

Renowned Asian insurance giant, AIA Group Ltd. has reported a profit of $1.31 billion for December-May, a significant increase of $1.06 billion as compared to year back. Asian market can be considered as a battleground for insurance companies such as AIA and its rivals Prudential and China's Ping An.

The American International Group Inc. has spun off the Asian life Insurance unit, which owns a third part of company. During the last year, it had succeeded to raise more than $20 billion in a Hong Kong offering and helped the shareholders to repay the US government.

Birla Corporation has announced that it has registered PAT (profit after tax) of Rs 118.28 crore during the first quarter of the existing financial year.

The M. P. Birla Group flagship company said that the PAT showed a 23.86% fall, as the company recorded a profit of Rs 155.34 crore in the same period of the last year.