Neville Taraporewalla To Join As India Head Of Microsoft’s Advertiser & Publisher Solutions Group

MediaNama has learned from multiple reliable sources that Neville Taraporewalla, CEO & Online Media Director (Asia Pacific) for Publicitas Digital, will be joining the Microsoft. According our sources, Taraporewalla will head the companys Advertiser & Publisher Solutions Group in India, and be a part of CIO MD Hemant Sachdev’s leadership team. At the time of [...]

AVP Investment Banking Group – Intellecap

Experience/ Education: • 7 -10 years in Investment Banking• Chartered Accountant / MBA (Finance) from a premier B-School  Skills: • Demonstrated ability of leading independent business units including accountability for unit’s revenue targets and profitability;• Track record of independently closing investment transactions on the buy and/or sell side;• Strong network with venture capital funds/private equity investors;• Sound knowledge of corporate finance principles and practices;• Experience of leading a team of professionals;• Excellent communication skills;• Understanding of social investment space.  Job responsibilities: • Working with the team to build the Investment Banking Group and practice;• Working with the team during the selling stage and delivery part of multi-stage engagements;• Building on relationships with potential and existing national and international clients;• Managing multiple roles that includes business development, client relationship management, team building and mentorship, and project delivery;• Relevant national and international field travel and exposure as and when required;• Work closely with the Group Vice Presidents.  Company Description: Established in 2002, Intellecap is one of the fastest growing strategic services firm in the international development sector. Intellecap aims to build intellectual capital dedicated to facilitating investments into socially motivated businesses and to assist these businesses in becoming more profitable and achieving greater scale through consulting and advisory inputs. Working in both indirect strategic advisory roles and direct design and execution modes, Intellecap leverages its understanding of mainstream, profit oriented business models to create unique solutions that generate both financial and sustainable social returns. Intellecap connects to the social space through its emphasis on field exposure to its team, as well as by ideating and incubating innovative adaptations of mainstream, profitable solutions to address the broader challenges of businesses in development. Intellecap values success across various parameters: social, environmental and financial, thus attempting to achieve a multiple bottom line itself. The company is fast expanding its presence in areas such as provision of clean water, education, organic produce, green energy and clean technology to name a few others. Please visit www.intellecap.net to know more.  If you are motivated to join the Social Enterprise space and are looking for suitable opportunities, please address your applications to Ms. Shree Ravindranath with a cover letter and detailed up-to-date resume to: jobs@intellecap.net  

Telecom Tuesday: India News Digest

If you are not aware what is Telecom Tuesday, please read this first. This will be the first weekly News digest for Telecom Tuesday. Indian Mobile Subscriber growth: From 10 million to 500 Million in 8 years

In.com and South African Tourism launch ‘Online Travel Reality’ Show

Network 18’s In.com presents Fantastic Five - an interactive online travel series that chronicles the journey of five young travelers set out on an adventure to a dream destination -South Africa! This unique travel reality show is brought to you by ...

India Budget 2009 For Common Man

So the India Budget 2009 is out. Finance Minister Mr. Pranab Mukherjee presented Union Budget 2009-10 in Lok Sabha. What it means for common man in India? Well here is some points that you will find it helpful.The basic exemption limit now increased to INR 160,000 from INR 150,000 for all taxpayers (other than women below the age of sixty-five, in which case, the basic exemption limit increased at INR 190,000). Basic threshold limit for senior citizens has been increased to INR 240,000. There won't be any 10% surcharge for individual tax payers which was applicable on individuals having taxable income over INR 1 million.There has been no increase in the amount of permissible deduction which remains pegged at INR 100,000.  People earning income other than salary, the requirement to pay advance tax now arises at INR 10,000 instead of the earlier limit of INR 5,000. 

Indian E-Commerce Braces For Changes In Credit Card Verification Norms

The e-commerce industry in India needs to brace for the coming of a lull in transactions, which owes its origin to a notification from the Reserve Bank of India. According to the notification, it order to enhance the security of online card transactions, it will become mandatory from August 1st 2009 onwards, to provide: 1. A system [...]

India’s first ‘Online Travel Reality’ Show Fantastic 5

India's first 'Online Travel Reality' Show Fantastic 5India PRwire (press release)This unique travel reality show is brought to you by In.com (Web 18 Software Services Ltd) in association with South African Tourism. ...and more »

RedBus Closes Second Round Of Funding; Expansion Plans

Bangalore-based Pilani Soft Labs, owner of Redbus, the website that offers bus ticket bookings and distributions, has closed its second round of funding from Inventus Capital Partners, Seed Fund and other unnamed investors. Phanindra Sharma, Co-Founder and CEO of RedBus told MediaNama that the company has increased its share capital to accomodate new investors, and the majority [...]

Techies turn entrepreneurs thriving on non-proven sphere

Techies turn entrepreneurs thriving on non-proven sphereSiliconindia.comThey knew things were never going to be the same as they were entering the Web 2.0 sphere, which had its own challenges. The sphere was challenging, ...and more »

Budget 09: FBT Gone; 5% Excise Duty On Set Top Boxes; Higher DAVP Rates To Stay; Reactions

Finance Minister Pranab Mukherjee delivered a budget that brought some cheer and some additional taxation to the media sector. Key points: 1) Fringe Benefit Tax abolished: This was a key demand from many players in contentSutra’s Wishlist For The New I&B Minister. Many key overheads for media houses, such as travel, come under Fringe Benefit Tax. The proposed introduction of a Goods and Services Taxes (GST) regime is seen as a positive for all media companies.