– Just Dial is said to have closed a deal with a Malaysian conglomerate, to offload stake in the company. Read more at Business Standard

– Bharti will look for acquisition opportunities in India, as the sector consolidates, according to Chua Sock Koong, CEO of SingTel, which has a 32% stake in Bharti. Read more at Reuters

– Olive Telecom has launched an Android 2.3(Gingerbread) based HSPA+ Smart phone – OliveSmart V-S300 in collaboration with mobile operator Aircel. Press Release

– Telecom Minister Kapil Sibal has said that he has ordered a probe into BSNL’s appointment of four franchisees for running WiMax services, without inviting bids. Read more at MSN News

– An RTI appeal revealed that the Securities and Exchange Board of India(SEBI) had collected call records of 2,327 subscribers, although it is not legally authorized to do so, in relation to the Pyramid Saimira case. Read more at Moneylife

– Mobile VAS provider Hungama and Bharti Airtel launched the Mobile Music Concert, a live concert on mobile phones. The first concert was held in Mumbai featuring music composers Vishal & Shekhar. Read more at Bollywood Hungama

– Hungama Game Studio, part of the Hungama Digital Group, has launched a new game, Bipasha’s Fitness Gym on DTH operator Tata Sky’s Active Games platform. Read more at Bollywood Hungama

– Infomedia18 has launched a redesigned version of its local information portal Burrp.com. Read more at Alootechie

– Info Edge’s real estate portal 99acres.com has introduced a WAP version of the site to facilitate browsing through mobile phones. Read more at Alootechie

– TwentyTwo Infomedia has launched an online shopping portal, 22bestdeals.com. Read more at Alootechie

– According to Cisco’s Global Mobile Data Traffic Forecast Update, mobile data traffic will grow 26 times in the period between 2010 and 2015, and reach 6.3 exabytes per month or 75 exabytes a year by 2015. It attributes most of this growth to a surge in mobile video consumption. Read more at WATBlog

– Recommended Reading :

Mahesh Murthy: Big boom expected in social media and mobile marketing. Via afaqs!

Dear Stephen Elop: Suggestions for saving Nokia. Via CNET News