Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
Cable TV operator DEN Networks, currently serving 10.3 million homes pan-India, has plans to foray into broadband Internet market and acquire majority stakes in multi-system operators (MSOs) to expand its network.
Promoted by Raghav Bahl, managing director, Network18 and Sameer Manchanda of IBN18, DEN offers analog as well as conditional access system (CAS) services which is [...]
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Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
Sequoia Capital India Picks Up 6.8% stake in eClerxVC CircleSequoia Capital has picked up the stake in eClerx, a knowledge process outsourcing firm, for around Rs 43 crore. Sequoia Capital India continues to cherry ...and more »
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
PRESS DIGEST - Indian Business News - Aug 14Reuters IndiaPrivate equity firm Sequoia Capital has bought a 6 percent stake in back office firm eclerx Services (ECLE.BO: Quote, Profile, Research) from Burwood ...and more »
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
The dark side of micro-lending . The Wall Street Journal has a long, fascinating story on a new credit bubble in India. On the surface it sounds familiar: too many big private equity investors chasing too few good deals, resulting in binge of borrowing that now threatens to destabilize an entire financial system. It sounds like your average bubble--only the loans we're talking about aren't for ...
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
The youth wing of the ruling Indian National Congress party is launching a monthly magazine that is said to be the brainchild of party general secretary Rahul Gandhi, IANS reports. Young March will be the mouth piece of the Youth Congress the way Sandesh is to Congress.
Youth Congress general secretary Chayanika Uniyal will be the editor of the magazine. If it is positioned as Rahul Gandhi’s magazine, Young March will no doubt be keenly followed by thousands of party men across India. Rahul Gandhi, the scion of the Nehru-Gandhi family that has produced three prime ministers, is widely expected to head India’s government one day. For now, the 39-year old politician is busy rejuvenating the Congress organization, with special focus on the youth unit.
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
Sequoia Capital investing in…Chinese vegetables and dairy?VentureBeatSequoia Capital has steadily been diversifying its geographical focus, increasing its investments in places like China and India. ...and more »
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
A.P. Parigi, who, two weeks ago, said he was leaving the Times Group as he had turned 60 and wanted to pursue other interests in life, has joined Eros International as group CEO for Indian operations. He stepped down as the MD of Entertainment Network India Ltd early August, but the company said in a release that he will continue as a non-executive director.
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
Fremantle Media today named Saurindra Kumar Barua as managing director for India and said he will launch a production services operation here to serve the Indian television market. London-headquartered Fremantle is part of German media conglomerate Bertelsmann AG and is among the world’s leading producers of television entertainment.
Fremantle-owned formats such as Indian Idol have been on air in India for years, and the company has been speaking about setting up operations here at least since 2005. India’s Got Talent, currently on Colors, is a Fremantle-owned format.
Fremantle’s global competitor Endemol has a strong presence in India and makes shows for several local channels.
Barua will be based in Mumbai and will report to Fremantle Asia CEO Patrick Schult. Prior to joining the firm, he was VP and regional CFO for asia pacific at Discovery Asia based in Singapore.
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
ISRO Bhuvan seems to be making news, some are hailing it to be Google Earth Beater. We had written about it more than 6 months back and asked if ISRO Bhuvan will be a Google Beater.
Indian Space Research Organization (ISRO), today unveiled its beta version of ISRO Bhuvan (Bhuvan means earth in Sanskrit).
ISRO Bhuvan [...]
Posted by Avashya - India Web 2.0 News on Aug 13, 2009 in
Digital Media News
In.com Launches Swine Flu Info SiteIBNLive.comSurya Mantha, CEO, Web18 says, "In a time when everyone is trying to get their hands on every source of information about Swine Flu, we decided that there ...and more »