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News Digest: Apollo Hospital, Apple, G’Five, Mukta Arts, Salora International

– Apollo Hospital has collaborated with Groupon to launch Health Check programs in Bangalore. The programs which is available for all age groups, are designed by Apollo’s specialist doctors and customized for separate age and genders. It has recently recently launched cloud based online Personal Health Record (PHR) service – Apollo Prism as well. Read the Press Release.
Editor’s Note: This is interesting. It appears that the deal is with GroupOn.in, and not Sosasta.com, which was acquired by GroupOn. At present, GroupOn.in is under maintenance.

– Apple is planning to introduce a new iPhone in Septemember with a stronger chip that supports  faster data processing. The device will include the A5 processor, the more powerful chip that Apple added to the iPad 2 earlier this year. It is also said to be working towards rolling out a cheaper version of the Iphone in the developing countries. Read More at Bloomberg.

– Apple may face scrutiny from an Indian regulator for alleged anticompetitive behavior in connection with iPhone 4 sales in India. A case was filed against Apple about a month ago. The complaint alleges that the company violated competition law by selling the iPhone 4 through only two mobile operators, Bharti Airtel and Aircel.

– G’Five is set to snatch Nokia’s top spot in the Indian market. Read the complete interview with Arshit Pathak, Managing Director, G’Five International Ltd at LiveMint.

– Subhash Ghai is set to launch a chain of multiplexes under the Mukta Arts Brand. The company plans to invest Rs 50 crores in the next 3 years & plans to tie up with mall owners in Baroda, Ahmedabad and Bhopal, on arevenue-sharing model. The company intends to roll out 14 new screens. Via Press Release.

– Salora International has forayed into the mobile handset business with the launch of two mobile handsets namely SM501 priced at Rs.2999 & SM401 priced at 2499. Read More at The Business Standard.

– 4 private companies including India Cements and UB Group have reportedly helped Kalaignar TV to repay Swan Telecom’s Rs 200 crore. The names of the other two companies are still unknown. Read More at The Times Of India.

– In an announcement at BSE, Unitech Ltd has clarified that Unitech Ltd (the real estate company)  has not been named in the charge-sheet filed by the CBI. It states that the matter concerns Unitech Wireless (Tamil Nadu) Pvt. Ltd and Uninor which is a separate entity. Read at BSE

– Unilever Plc is set to introduce its Venture Capital Fund to invest in India. The team is presently operational in London and will be shifted to India shortly.  The fund will invest in areas such as media, technology and in other domans that is outside of their core business area. Read More at LiveMint.

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