CarWale Updated

CarWale UpdatedCar WaleCarWale has constantly evolved over last few years and the site is now more geared up for web 2.0 generation. Community, discussion and interactive features ...and more »

DFJ and Cisco Announce Husk Power Systems as Winner of Global …

DFJ and Cisco Announce Husk Power Systems as Winner of Global ...MerinewsLeading global venture capital firm Draper Fisher Jurvetson (DFJ) and Cisco today announced Husk Power Systems as the winner of their first co-sponsored ...and more »

Budget 09: Economic Survey Suggests MSME Support, Spectrum Trading, Opening Local Loop

We sincerely hope that Indian government implements the suggestions put forth in the 2008-09 Economic Survey released yesterday: each of the suggestions will greatly help in the growth of broadband in India, and reduce the ambiguity and lack of transparency that afflicts the telecom auctions, apart from helping the Internet become a means for the country [...] (More at MediaNama)

Sharp decline in new investment as airline losses mount: Sita

Sharp decline in new investment as airline losses mount: SITAIndia Infoline.com... service oriented architecture, software-as-a-service, Web 2.0, cloud computing, data security and biometrics. Again no-one should be surprised by this. ...and more »

India Economic Survey 2009 – Analysis and Full Report

Full Report and analysis of Indian Economy in 2009 and its future growth path. The article give simplified analysis of the state of Indian economy along with more than 50 reports of Indian Economic Survey 2009. Economy can grow around 7 percent in 2009/10. This off course, is largely dependent on how the US Economy recovers over next few months. If US economy bottoms out around December, as many analysts are expecting, India can easily look at 7% upwards growth. The Economy will get back to its growth path of around 9% in medium term.

Idea walks the talk with a health proposition

Continuing with the ‘socially relevant’ elements in its ads, Idea Cellular’s latest TVC tackles the issue of health and fitness. Brand ambassador Abhishek Bachchan dons the role of a doctor, who advises people to walk as they talk on their cellphones so that they are truly ‘mobile’. However, this advice backfires on him… in a way.

The Writers Lounge: Mauja Hi Mauja – The Assamese Connection

We've all heard and loved Pritam's Mauja Hi Mauja from Jab We Met. Did you know that in addition to the Punjabi lyrics, it also has two or three lines from a popular Assamese song? The highlighted lines (see below) can be heard in Mauja Hi Mauja's background: "Rodaali e' rod de. Aali kaati jaali dim. Bor pira paari dim. Taate bohi bohi rod de. Taate bohi bohi rod de". Children, especially in villages, ... Get post details on your mobile. Writers Lounge SMS Channel ...

Radio One relaunches in Mumbai promising ‘maximum music fataafat’

Radio One has re-launched itself in Mumbai with the product promise of ‘maximum music fataafat’ and a tangible promise of minimum 13 songs every hour. The focus of the re-launch is to give the FM station a new vibrant musical face in Mumbai, especially the SEC AB 18-34 segment.

Facebook Usage in India Grows as Orkut lags behind

Insidefacebook reports that based on the data from Facebook’s advertiser tools facebook has been explosively growing for last two months in India. Starting about 60 days ago, Facebook’s growth began accelerating rapidly in both Brazil and India, growing several times faster in May and June than it did in March and April. - InsideFacebook While Facebook has been [...]

SKS Microfinance Gets Rs 50 Cr Investment From Bajaj Allianz

SKS Microfinance, India's largest microfinance institution, seems to be in ever need of capital to fuel its growth. The Hyderabad-based non-banking finance company has received a strategic investment of Rs 50 crore from insurance firm Bajaj Allianz Life Insurance. SKS has so far raised $123.5 million in equity alone from Sequoia Capital and Sandstone Capital, among others. SKS also recently became the first MFI to raise Rs 75 crore via non convertible debentures (NCD) and list the same in Bombay Stock Exchange. Previously it had raised Rs 25 crore via NCDs which was subscribed by Yes Bank. It had also completed a securitisation deal worth Rs 100 crore. Bajaj Allianz's equity deal with SKS seems to be the culmination of a strategic partnership the firms had with each other. SKS and Bajaj Allianz partnered in April 2008 to launch a micro-insurance product for the rural poor. The latest round will help SKS Microfinance further improve its capital adequacy ratio requirements. In recent months, SKS has introduced a range of mainstream financial instruments into microfinance. “An investment in SKS by a mainstream investor such as Bajaj Allianz is a vote of confidence in the company and in microfinance. Investment from a leading private insurer gives SKS greater stability and credibility, as well as a stronger capital base to extend our reach to serve more poor customers,” SKS founder and chairman Vikram Akula stated in a press release on Thursday. SKS Microfinance currently has a membership base of 4.5 million households and has cumulatively disbursed loans worth over Rs 8,000 crore. It has staff strength of 14,249 across 1,439 branches in 19 Indian states.