Business, Finance & Stock Market updates for July 15, 2008

Kotak securities announced launch of AutoInvest nationwide
Kotak Securities today announced the launch of AutoInvest and its gold profile AutoInvest- Gold where you can invest in Gold ETF too, the product is a first that allows investors to invest via SIP (Systematic investment Planning) in Gold ETFs along with the equity and mutual funds all in one portfolio. Gold has always been close to Indians as it plays a significant role in religious and human sentiment. ANI

Indian shares provisionally end down 5.4 percent
Indias main share market index provisionally fell 5.38 per cent on Tuesday to its lowest close in more than 15 months, led by financials such as ICICI bank on fears of worsening global credit turmoil. ANI

BEML bags construction equipment orders worth Rs 241 crores
Bharat Earth Movers Limited (BEML) today bagged construction equipment orders worth Rs 241 crores from Indonesia, Singapore, Tunisia and Malawi. ANI

W. Australia Deputy Premier meets Deora, MoU on oil and gas cooperation
Western Australias Deputy Premier Eric Ripper today called on Petroleum and Natural Gas MInister Murli Deora. ANI

Naseba announces the participation of Mercer at the second annual CFO strategies India 2008
Naseba, a leading international business information company, is proud to announce the participation of Mercer as a keynote sponsor to the second annual CFO Strategies India, scheduled to be held in Mumbai on September 15. ANI

BEML bags construction equipment orders worth Rs. 241 crores
Bharat Earth Movers Limited (BEML), a Defence Public Sector Undertaking, the leading Mining and Construction Equipment Manufacturer in India and second largest in Asia, has bagged export supply orders for 93 equipments valued at Rs 158 crores from Pt. Fajar Bumi Sakti of Indonesia. ANI

Ponds Age Miracle range launches its seven-day challenge campaign
New Ponds Age Miracle with the best proven anti-ageing technology is bringing about miracles across the country with its promise to relieve the different problems of ageing skin and deliver visible results by helping to reduce the appearance of fine lines, wrinkles and age spots in just seven days. ANI

National Australia Bank to halve local workforce, outsource more jobs to India
The National Australia Bank (NAB) plans to more than halve its local technology workforce and outsource jobs to India in the next five years, as part of its massive technology transformation program Neos. ANI

Pond's Age Miracle Range Launches its 7 Day Challenge Campaign
Business Wire India

Naseba Announces the Participation of Mercer at the Second Annual CFO Strategies India 2008
Business Wire India

Kotak Securities Launches AutoInvest Nationwide
Business Wire India

'p2w2' Launches Voice-enabled Online Services Marketplace for the Flat World
Business Wire India

Radico Khaitan Unveils New M2 - Magic Moments Vodka with a Sensational New Look
Business Wire India

India's First Placement and Career Enrichment Portal - Midcareers.com - Launched for Middle Career Professionals
Business Wire India

mMyself.com unveils India's First JUST-FOR-WOMEN Online Portal
Business Wire India

Quest Manufacturing Sets up a Dedicated Sheet Metal Fabrication Facility for Aerospace
Business Wire India

Bose Corporation Receives Red Dot Award: Design Team of the Year
Business Wire India

Citi Launches Citi(R) Managed Identity Services
Business Wire India

Hudson River Park Trust Seeks New Proposals for Pier 57
Business Wire India

General Cable Promotes Gregory J. Lampert to North American President and Chief Executive Officer
Business Wire India