New Delhi, July 14 (PTI): Realty major DLF is likely to raise about Rs 2,500-3,000 crore by next month via private equity and is in talks with the Singapore government's investment arm GIC to sell stake in a new housing project here.

According to market sources, the company is in an advanced stage of talks with sovereign wealth fund GIC to sell up to a 49 per cent stake in the new residential project in the national capital. The deal is expected to close in the next one month.

HTC has announced four new HTC Desire smartphones, including the HTC Desire 520, Desire 526, Desire 626, and Desire 626s. All four phones will be LTE-capable, contain Quad-core Snapdragon processors, and have a variety of displays.

The Desire 520 has a 4.5-inch FWVGA (854×480) display, and comes with 1GB of RAM and 8GB of onboard storage. The main camera is a 8MP recording at 720p, and the front camera is 2MP also capturing 720p film.

Vienna/New Delhi: Iran and six world powers sealed a historic accord to curb the Islamic Republic’s nuclear programme in return for ending sanctions, capping two years of tough diplomacy with the biggest breakthrough in decades.

Diplomats reached the deal in Vienna on Tuesday, their 18th day of talks. US President Barack Obama said it blocks “every path to a nuclear weapon” for Iran, while Iranian foreign minister Mohammad Javad Zarif called it a “win-win”.

Describing India as a “great market”, a top Microsoft executive said the company’s partners in the country are “very progressive” in the way they service the world and the Indian customers adapt to technology a lot faster than those in some other nations.

“We have a great market in India and (it is) super strong. We have really tremendous partners who have been with us for a long time and are transforming very quickly in the cloud infrastructure,” General Manager, Worldwide Partner Group at Microsoft, Gavriella Schuster told PTI here on the sidelines of the Microsoft Worldwide Partner Conference 2015.

State-owned ONGC is in the midst of a programme to drill a total of 45 development wells in the Krishna-Godawari deepwater block KG-DWN-98/2, at a whopping Rs 53,085 crore, which also includes setting up a floating, production, storage and offloading (FPSO) system and a fixed offshore platform, an industry web site said.

When contacted, ONGC officials said the field development plan (FDP) for the KG block was yet to be finalised. They added that ONGC has a deadline to submitted the FDP to the Directorate General of Hydrocarbon by September.

MUMBAI: Shaken by the online shopping frenzy, a string of high-street banks like SBI, Axis and Yes will launch mobile wallets to take on pre-paid issuers like Paytm and MobiKwik who lure customers with easy payment option and attractive retail offerings.

M-wallets — electronic saving accounts that can be used for shopping using mobile handsets — would help banks overcome the edge that pre-paid users have.

Shares of Maruti Suzuki India were trading higher by 2% at a life-time high of Rs Rs 4,120, extending their nearly 3% gains in the past two trading sessions on the BSE, on expectations of strong financial results for the quarter ended June 30, 2015 (Q1).

The stock has hit a record high of Rs 4,138 in intra-day so far. The stock has rallied 24% thus far in 2015, compared to a sub-2% rise in the S&P BSE Sensex.

The Bombay Stock Exchange (BSE) has slapped fines on 530 listed companies for failing to meet a deadline to appoint a women director and boost gender diversity in their boardrooms, a BSE official said on Tuesday.

The Securities and Exchange Board of India (Sebi) last year imposed a quota of at least one female director on the board of every listed firm, and warned of "very serious" consequences if the thousands of companies did not comply by an April 1 deadline.

Reliance Industrial Infrastructure Ltd (RIIL) has reported a net profit of Rs 4.44 crore for the first quarter of this fiscal, down 20.8% from the year-ago level.

The total revenue, however, rose by 13.9% to Rs 26.54 crore in the quarter, the company said.

Tata Motors, India's fifth largest car maker, is ready to experiment with new products, which it says would address white spaces in the passenger vehicle segment and help it reclaim lost market share.

The company has lined up a series of new products in the hatchback, sedan and sport utility vehicle segment, in line with its promise of launching at least two new products every year.

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