Daily round up: News from the world of business

Motilal Oswal Asset Management Company today said it is expanding its footprints into international markets with the launch of a new fund, which will give global institutional investors access to its Indian equity capabilities.

The scheme -- Motilal Oswal India Fund -- has received seed investments from offshore clients.

"There are trillions of dollars of global savings staring at zero percent yields. The Indian capital market is a very attractive destination for such savings. India continues to grow at 7-8 percent per annum, and the government is unleashing a whole new generation of reforms aimed at ease of doing business in India," Raamdeo Agrawal co-founder at Motilal Oswal Group said in a statement.

* * * * * * Casio launches new projectors Japanese consumer electronics firm Casio has introduced lamp-free projectors under its Advanced Series of Laser & LED Hybrid projectors.

The company has first time introduced two TCO certified models XJ-F200WN and XJ-F210WN in the Indian market, which meet life cycle criteria for environment, health & safety and socially responsible manufacturing, Casio said in a statement.

Priced at Rs 85,995 and 89,995 respectively, projectors feature Casio's fifth generation Laser & LED Hybrid Light Source technology that reduces the power consumption up to 50 percent, it added.

***** Cinepolis opens 5-screen multiplex in Greater Noida Multiplex operator Cinepolis today opened its 5-screen multiplex in the NCR region at The Grand Venice Mall in Greater Noida.

With the launch of this property, the tally of Cinepolis multiplexes in the city now stands at 29 screens across 8 properties in National Capital Region.

***** * Anchor Electricals, a Panasonic group company, today opened its First Roma Brand Experience Shoppe showcasing its complete range of wiring devices at Mumbai.

The company intends to expand further with the Roma Range of Switches and Accessories adding new products for Commercial, Hospitality and Residential segments to the basket in the upcoming years.