UTV New Media Lays Off 20 People – Old Media Businesses In New Media Mess?

This is just in: We have been told by various sources that UTV Newmedia division which runs UTVi.com, Techtree.com and various other online properties (which they acquired with the acquisition of ITNation) has laid off 20+ people yesterday. Many of those laid off are designer developers and even editors and creative directors and joined UTV New [...]Follow us on: Twitter | Facebook | Linkedin | Orkut Our Network: WATShow.com | WATJob.com | WATGame.com | WATPR.comUTV New Media Lays Off 20 People – Old Media Businesses In New Media Mess?

UTV New Media Downsizes IT Nation

There were layoffs yesterday at IT Nation, the technology news company that UTV had acquired last year. Sources have suggested that around 20 people have been asked to leave so far. Speaking to MediaNama, Manish Agarwal, CEO of UTV New Media said that “It is a part of an annual review and a consolidation exercise across [...] More at MediaNama.com

Varinder Walia made Editor of Punjabi Tribune

Varinder Walia has been made the Editor of Punjabi Tribune, the language publication from Tribune Trust. He takes charge from August 15. Walia, who has been Special Correspondent in Amritsar for The Tribune, replaces Sidhu Damdami, the outgoing Editor who completed his three-year term with the daily on July 31.

Paper Capers

Almost 2 months since we last discussed newspapers, so I thought its a good time to update. Rumour is that Murdoch plans to sue Google and Yahoo over news services. Fact is that he’s going to charge for news, something he’s been doing for a while with WSJ, and the ‘experiment’ is going to start [...] Related posts:Broken News models The Iran crisis once again brought the present day tools...News out of the paper Its not exactly breaking news that newspapers are almost in...Google noose? The A.P. will work with portals and other partners who... Related posts brought to you by Yet Another Related Posts Plugin.

Ameren to eliminate 84 Ill. jobs

Ameren to eliminate 84 Ill. jobsGaea TimesThe ATF price in New Delhi will go down Rs.1208 per kilolitre to Rs.30288 from Saturday midnight, an Indian Oil Corp official said. ...and more »

Deals of the day — mergers and acquisitions

Aug 12 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday. ** Volkswagen (VW) and Porsche have broadly agreed on details for a deal to combine two of ...

Adlabs Announces Rights Issue; To Raise Upto Rs600 Crore

Reliance Anil Dhirubhai Ambani Group firm Adlabs Ltd today said its board has approved a rights issue of equity shares to raise upto Rs600 crore. Funds will be utilized to expand the number of screens worldwide (to over 570 from 428 now), establish a media BPO, set up studios and sound stages in Mumbai’s Film City and to enhance production infrastructure. The promoter group will subscribe to the unsubscribed portion of the issue. Post issue, the company’s net worth will be enhanced to Rs1,000 crore, the company said. For the year ended 31 March, the company reported consolidated net loss of Rs54.5 crore against revenues of Rs662 crore.

Cisco gets set to make buildings intelligent

Cisco gets set to make buildings intelligentLivemintBut Cisco is also eyeing many technology companies in India which operate large and multiple campuses. “We have a healthy pipeline of responses,” says Vij, ...

ISRO Maps Bhuvan Launched – Download Site Down!

ISRO planned to launch is own Google Earth like mapping application last year. The plan is now becoming reality. The ISRO's revolutionary earth mapping tool called ‘Bhuvan' was launched here today. The website is available in beta version. It is believed that the ISRO's latest earth mapping tool have more features than Google Earth. The Bhuvan is focused on Indian sub-continent barring all sensitive locations such as military and nuclear installations. ISRO's Bhuvan is latest version of Google Earth, which allows common man to zoom into any part of the world on their personal computer using satellite images. Bhuvan is a Geoportal of Indian Space Research Organisation showcasing Indian Imaging Capabilities in Multi-sensor, Multi-platform and Multi-temporal domain. The portal gives a gateway to explore and discover virtual earth in 3D space with specific emphasis on Indian region.

Swine Flu Hits Bollywood; Release Of Kaminey, Life Partner Postponed

A day after producers of two big budget films—Karan Johar’s Saif Ali Khan-starrer Kurbaan and Anil Sharma’s Salman Khan-starrer Veer—cancelled shooting schedules in Pune due to the spread of the H1N1 Flu in that city, two producers said their films, scheduled to open this weekend, will have delayed openings in parts of Maharashtra. UTV Motion Pictures’ highly-anticipated Kaminey and Indian Film Company’s Life Partner, won’t open in parts of Maharashtra, including Mumbai, a major box-office market as well as the nerve centre of Bollywood.