Business Blogs

Zaki Ansari Joins UTV New Media As Chief Product & Technology Officer

Zaki Ansari has joined UTV New Media as Chief Product and Technology Officer, MediaNama has learned from reliable sources, whom we contacted following an anonymous comment. Ansari himelf has declined to confirm or deny the development, though from what we’re told, he has already started work at UTV New Media. Ansari, former VP (Products) at Rediff, [...]

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Spice Group Acquires 20 Pc In VoIP Co MediaRing; Synergy

BK Modi’s Spice Group has acquired around 18.81 percent in Singapore based Internet Telephony and Data company MediaRing. In addition, Spice can also acquire 1.34% shares if MediaRing employees choose to exercise that option. This will take the the Spice groups total shareholding to 20.14 percent, and will cost them around S$60.16 million - approximately $41.76 Million [...]

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Orkut Interview Part 1: Zeitgeist, ID Theft, Indic Languages, Partnerships, Trends & More

(By Preethi J & Nikhil Pahwa)
Google owned Orkut, believed to be the largest social network in India in terms of userbase, announced the Orkut Zeitgeist last week – a report on the popular communities, usage and trends as witnessed by Orkut’s engineers over the period of a month. The report is similar to Google’s search [...]

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News Digest: BSNL, Qualcomm, TCIL, Essar - Kenya, FE-NDTV

Essar Telecom Targets 1.5 Million New Subscribers In Kenya
Essar Telecom Kenya Ltd. a unit of India’s Essar Communications, is aiming to quadruple its number of subscribers to two million by March by signing up 1.5 million new customers. Essar is expected to invest around $230 million to expand network coverage outside its current strongholds in [...]

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Tamil Journalist In Sri Lanka Gets 20 Years In Jail; Conviction Condemned Widely

The High Court in the Sri Lankan capital of Colombo today found Tamil journalist J.S. Tissanayagam guilty under the island state’s anti-terrorism laws and sentenced him to 20 years of rigorous imprisonment, drawing widespread criticism from the global community of free speech supporters.

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Disney Acquiring Marvel Entertainment For $4 Billion In Stock, Cash

Web18 Attempts E-Learning Portal Called MySchool; Registration, UI

Network18 group’s online and mobile arm Web18 and education company Gecom International have jointly launched MySchool.in.com, an online education portal for K12 students (Kindergarten to class 12).
On first glance, MySchool looks like a half-hearted attempt – it has far fewer features compared to competitors Smartclassonline by Educomp which offers online tutoring and a content library, [.

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Right Time To Experiment With Cover Prices: Publishers @ INMA

The International Newsmedia Marketing Association’s (INMA) conference in New Delhi last week saw a spirited discussion on newspaper cover prices and how it could be engineered to lower advertiser dependency.

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Geodesic Eyes Social Networking & Communications Acquisition

BSE listed applications company Geodesic Ltd is looking to add to its product portfolio with the acquisition in the communication and social networking space; a company with “offices globally”. The companys board has given the approval, and Geodesic MD Kiran Kulkarni told MediaNama that the acquisition should take 3-4 weeks. He declined to name the [...]

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Kingfisher To Raise $100 Mn Through GDRs

Vijay Mallya-promoted Kingfisher Airlines Ltd plans to raise additional fund of $100 million through various instruments including Global Depository Receipts (GDRs), the airline informed the exchanges. The decision is now subject to the approval of the shareholders.

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