IL&FS realty fund

IL&FS Investment Managers Ltd is planning to launch a realty fund with a corpus of over $500 million. The company plans to mop up funds from the next quarter. The company had raised $525 million a year ago, of which 75 per cent was deployed in 15 deals.

Megamart

ICICI Bank and Megamart will launch a co-branded credit card. The card is a gold card, with features such as multiple reward points that enable customers to earn six reward points for every Rs 200 spent at a Megamart outlet.

Hutch pact

Hutch has entered into an agreement with Microsoft to offer a search engine in mobiles. Customers can search for tones, images, videos and games at PlanetHutch.

Airtel sites

Airtel has added 200 cell sites in Bengal in March. The service provider has revamped its network and enhanced coverage in Birbhum, Uttar Dinajpur, Darjeeling, Jalpaiguri, Cooch Behar and Malda. The company has installed more cell sites in Andaman as well.

Handycam

Sony has launched a range of DVD Handycam camcorders. The range has models such as DCR-DVD 708, DCR-DVD 908 and DCR-DVD 608. These models are priced at Rs 29,990, Rs 49,990 and Rs 24,990 respectively.