Posted by admin on Jun 18, 2009 in
Digital Media News
This has been doing the rounds for a long time, and now we have it confirmed from very reliable sources: Rishi Khiani, the COO of Web18 who recently put in his papers, will be joining Times Internet Ltd (Indiatimes) as the CEO. The 8th floor at the Indiatimes building in Gurgaon will have a new [...]
Posted by admin on Jun 18, 2009 in
Digital Media News
Q Investment Closes Sale of XCEL Telecom to ATC - Leading US-based private equity firm Q Investment has closed the transaction to sell 100% shareholding in its incubated telecom tower firm XCEL Telecom to American Tower Corporation (ATC). XCEL Telecom was incubated in late 2006 by the Q investments family of funds to serve the telecom market in India and owned 100% equity in the company. Q Investments had invested about $40 million in XCEL and based on regulatory filings of American Tower, XCEL was valued at about $154 million at closure of the deal. (Business Standard)
UTV Media to Invest Rs 150 Crore in Gaming - UTV Chairman Ronnie Screwvala is gung-ho on the gaming sector. Having invested Rs 270 crore, including acquisition and investment in intellectual property (IP), the company plans to invest another Rs 150 crore. Gaming is not new to UTV. The company used the acquisition route to enter the segment in 2007, when it acquired online and mobile gaming firm, Indiagames. It simultaneously acquired the UK-based console gaming firm, Ignition. And finally in 2008, it acquired US-based True Games, an online gaming firm. (Business Standard)
Apple India Chief Alok Sharma Quits - Apple Computer’s India managing director Alok Sharma along with several of his colleagues has left the company. Sharma had joined Apple India in 2004, and was responsible for helping Apple create significant retail and distribution alliances in the country, including a partnership with Reliance Digital. Tom Preising is Apple's new acting country sales manager for India. (The Economic Times)
Ford Parts Supplier Looks for India Buyer - American auto component giant Visteon's investment bankers have approached Delhi-based auto parts major Amtek Auto for the sale of its plants and businesses. Visteon, a former Ford division, is looking to sell assets like factories, machinery and equipment as well as entire business verticals in both the US and Europe after having filed for Chapter 11 bankruptcy protection. According to sources, Amtek's CEO (overseas operations) John Flintham is currently looking at what's on offer and the Indian component maker is interested, provided the terms are attractive. (The Economic Times)
Posted by admin on Jun 18, 2009 in
Digital Media News
This is perhaps one piece of a developing story: ContentSutra has reported that IndiaTimes COO Sunil Rajshekhar is stepping down. The speculation that Rajshekhar would step down has been rife for a couple of weeks now, and we have been trying to confirm the same development. An official spokesperson denied any knowledge of Rajshekhar’s resignation, [...]
Posted by admin on Jun 18, 2009 in
Digital Media News
It was interesting to read the list of 50 Tech Start-ups in the world that you should watch out for released jointly by BW and YouNoodle.
According to Business Week these are 50 Tech Start-ups flying under the radar. The list includes fledgling tech companies—most started in 2005 and later—from the U.S., China, India, Israel, and [...]
Posted by admin on Jun 18, 2009 in
Digital Media News
Tweet for your freedomsLivemint, IndiaAnd these Web 2.0 social movements aren't limited to authoritarian states: We can look closer to home, to the recent Pink Chaddi campaign, where “pub-going, loose and forward women” protested attacks against bar-frequenting Indian women. ...
Posted by admin on Jun 18, 2009 in
Digital Media News
For all the outsourcing rhetoric and Say no to Bangalore slogans, India Inc has added 300,000 jobs in the US. As per the India Brand Equity foundation study India Inc created 30000 jobs and contributed $105 billion to the US economy between 2004 and 2007.
India Inc is too broad a definition to point to [...]
Posted by admin on Jun 18, 2009 in
Digital Media News
TIL is in talks with potential CEO candidates, including Rishi Khiani, who recently left Web18 as COO, according to a company official. Rajshekhar, a Times Group veteran who has spent some 25 years at the group in various stints, was seen to be driving ...
Posted by admin on Jun 18, 2009 in
Digital Media News
Are you being interested in writing a guest post for InformationMadness.com? I would like to invite all guest posters who want to contribute to this blog. In exchange you will get backlinks, exposure and traffic. The purpose of Information Madness has always been to share information related to advance computer tips and tweaks, freeware software and internet tools, security tips, latest cool stuff around the web and get users familiar with latest technology news. Now that the blog has achieved critical mass and generated a regular audience, I would like to build a small group of occasional posters to share their knowledge. It doesn’t matter if you are a beginner or an expert. I think we all will benefit from your expertise and insights.List of sample topics that you could write or blog about - * Advance Computer Tips. * Freeware Softwares. * Internet Application Tips. * Mobile or Smartphone Application Tips. * Entertainment/Bollywood Related Tips * Internet startup TipsIf you are interested in contributing, send an email with the article to info AT informationmadness.com or you can register to the site and submit your article yourself. All submissions must also be original, unique content written by you that are not posted elsewhere on the Internet. Submissions may be accepted but only if they are non-commercial in nature and benefit the visitors. Once submitted, it will be published within couple of days.Contributors will receive attribution for their work, including links to your web site and a short description of his profile. Contributors will retain copyright of their submissions, but grant InformationMadness.com the right to post their content online. We look forward to your inputs suggestions and comments. Please feel free to pass on this information to your colleagues or friends who might not be familiar with this blog. You may also like to subscribe to my blog for updates or may follow me {ln:nw:http://www.twitter.com/infomadness '@twitter}.
Posted by admin on Jun 18, 2009 in
Digital Media News
If you are living in Tamil Nadu and using BSNL, here is a great news. BSNL prepaid customers now can enjoy unlimited GPRS (web browsing) for only Rs. 20. Now Rs. 20 is per day and not per month thogh. So here are some detailsCard Value is Rs. 20Validity - One Day
Posted by admin on Jun 18, 2009 in
Digital Media News
Sunil Rajshekhar, chief operating officer at Times Internet Ltd, is leaving the company, according to a person familiar with the situation. Rajshekhar will however, be around for a few months till a new CEO takes charge and will help through the transition period. Dinesh Wadhawan had stepped down as CEO in March. CFO Deepak Sogani left in January. TIL, a subsidiary of media conglomerate Bennett, Coleman & Co. Ltd, is best known for the portal Indiatimes. Our source also said that Rajshekhar has been offered other roles within the Times Group. Rajshekhar declined comment.