With profits up, Sun TV proposes 50 percent dividend
Despite increasing competition in the Tamil satellite channel space, Sun TV Network closed the financial year 2007-08 with a turnover of Rs.8.61 billion and a net profit ...
Idea makes open offer to Spice shareholders
Aditya Birla group telecom company Idea Cellular has made an open offer to shareholders of Spice Communications, in which it had bought a controlling interest last week. ...
Parascale secures $11.37 Mn in Series A Funding
Parascale, a provider of cloud storage solutions for rich media content in traffic-intensive applications, today announced that it has closed an $11.37 million Series A f...
DQ Entertainment ties up with Paris-based MoonScoop
Hyderabad-based animation entertainment company DQ Entertainment International (DQE) has entered into a strategic five-year alliance with Paris-based entertainment compan...
India's Minda Group forms JV with Japan's Tokai Rika
Auto component manufacturer NK Minda Group Thursday announced the formation of a joint venture (JV) with Japan's Tokai Rika to manufacture automotive seat belts, locks an...
Tata acquires more stake in South Africa's Neotel
Telecom major Tata Communications has acquired 30 percent more stake in South Africa's No. 2 telecommunication operator Neotel from two South African state-run firms, Esk...
Post-Corus, Tata Steel's consolidated profits soar
Tata Steel Ltd, which acquired Anglo-Dutch giant Corus Group Plc. last year, has registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 200...
Silicon Valley venture firm to fund Indian start-ups
India-born investors from Silicon Valley have joined hands to fund Indian start-ups in the technology sector with seed capital and mentoring.
Inventus Capital begins investing $125 Mn venture fund
Inventus Capital Partners, a U.S.-India venture firm, today announced its readiness to invest in India with a seasoned venture team.
Bachchans, Reliance launch joint venture for film production
Amitabh Bachchan's AB Corp and Anil Ambani's Reliance Big Entertainment (RBE) have entered into a joint venture for film production.