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Microsoft has launched what is believed to be the most affordable Lumia smartphone - Lumia 530 - in India.

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Idea launched two new smartphones - the Fab and Ultra+ - at Rs 4,999 and Rs 8,300, respectively. The former is a 4-inch smartphone, while the latter comes with a 5-inch display.

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For the second day in a row, India on Wednesday successfully conducted trial of its indigenously developed surface-to-air 'Akash' missile, which has a strike range of 25 km, from a test range in Odisha as part of a user trial by the Air Force.

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Payment solutions provider Oxigen today launched its mobile wallet (mWallet) service, Oxigen Wallet, through which users can transfer money, purchase gifts for their friends and family on social networking platforms.

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The new system developed by Centre for Railway information Systems (CRIS) with an estimated cost of Rs 180 crore would allow booking of 7200 tickets per minute against 2000 tickets in the old system.

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With an aim to reduce transaction time at booking counters, Railways launched 'Go India' smart card to enable passengers to pay for tickets for long or short distance journeys in reserved and unreserved class including suburban service.

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