Companies

BCCI Gets Restraining Order Against Online Fantasy Cricket League, Rediff; Why Rediff? - 7 Comments
Posted By Nikhil Pahwa - Wed 28 May 2008 05:32 AM PST

The Board of Control for Cricket in India (BCCI) has got an interim injunction from the Madras High Court, restraining Sandeep Goel (of the Indian Fantasy League) and Rediff.com from…

Reuters Targets 250-300,000 Subs For Market Light; To Close TV Partnership This Year - 0 Comments
Posted By Nikhil Pahwa - Wed 28 May 2008 03:49 AM PST

The past year has see Reuters launch an India specific website, a service targeting farmers called Reuters Market Light in Maharashtra, and most significantly, and on the television front part…

Indiagames Acquires Multiple Rights For Kya Aap Paanchvi Paas Se Tez Hain - 1 Comment
Posted By Cerius Shah - Tue 27 May 2008 01:55 PM PST

Indiagames has acquired rights for mobile, PC and interestingly Interactive Television (DTH and IPTV) rights for Star’s Kya Aap Paanchvi Paas Se Tez Hain (Are You Smarter Than A Fifth…

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Nimbus Announces Home Video Rental And Sales Foray With Showtime - 0 Comments
Posted By Cerius Shah - Tue 27 May 2008 12:03 PM PST

Nimbus Communications has officially launched its home video entertainment rental and sale business called Showtime. The stores, which distribute DVD, VCDs and Game CDs, are currently only Bombay centric with…

Reliance Invests in Mobile Social Network Pelago; Total $15 Million Raise - 1 Comment
Posted By Tricia Duryee - Tue 27 May 2008 09:13 AM PST

Seattle-based Pelago, which has been developing a mobile social network called Whrrl, plans to announce either today or tomorrow that it has secured $15 million in a second round of…

Fropper Introduces Voice Scraps; Scraps In 9 Languages - 1 Comment
Posted By Nikhil Pahwa - Tue 27 May 2008 04:16 AM PST

I just noticed that Fropper.com, the social networking site from the People Group now allows users to scrap in nine languages - English, Bengali, Hindi, Marathi, Gujarati, Malayalam, Telugu, Kannada…

Industry Moves: Infomedia-CEO; MakeMyTrip-CMO; Microsoft-Director, Marketing - 0 Comments
Posted By Nikhil Pahwa - Tue 27 May 2008 02:38 AM PST

-- Lakshmi Narasimhan, Head of Business Development for Network18, has been appointed CEO of Infomedia India. Readers will remember that Network18 acquired Infomedia last fiscal. Narasimhan will expand the portfolio…

UTV Completes Acquisition Of 76 Percent Stake In IT Nation For Rs. 15 Crores - 0 Comments
Posted By Nikhil Pahwa - Mon 26 May 2008 11:36 PM PST

Update: UTV has acquired 76 percent stake (not 80 percent stake as earlier indicated to the BSE) in IT Nation for Rs. 15 crores. More importantly, they intend to invest…

Economic Times, Times Of India Block Google News, In.com - 8 Comments
Posted By Nikhil Pahwa - Mon 26 May 2008 09:07 PM PST

Update: The robots.txt files have been updated, and crawlers are now being allowed. Update: Mohit Hira, Director of Marketing at Indiatimes, informs us that the company was in the midst…

NBCU Completes Acquisition Of 26 Percent Stake In NDTV Networks For $150 million - 1 Comment
Posted By Nikhil Pahwa - Mon 26 May 2008 02:58 AM PST

NDTV Networks has informed the BSE that the group has have successfully concluded their strategic partnership initiative with NBC Universal (NYSE: GE). NBCU has taken an indirect stake in 26…

Times Business To Launch Professional Networking Site - Peer Power - 8 Comments
Posted By Nikhil Pahwa - Mon 26 May 2008 01:40 AM PST

You’re probably reading his here first - BCCL owned Times Business Solutions is preparing to launch a professional networking site called Peer Power. The DNS points to Indiatimes servers and…

Cleartrip Ties Up With PLUS! - 1 Comment
Posted By Cerius Shah - Mon 26 May 2008 12:27 AM PST

Cleartrip has tied up with Star India’s mobile application PLUS, to deliver travel related information to users. The service allows users to access travel information and make reservations via the…

Reliance Lays Out Big $10 Billion Plan - 6 Comments
Posted By Cerius Shah - Sun 25 May 2008 07:42 PM PST

It must be hard living up to a name like that. After recently announcing development deals with eight Hollywood based studio’s, Reliance ADAG’s multi-billion entertainment arm Big Entertainment seems to…

Videocon Emerges As Buyer For Motorola’s Handset Division; In Early Talks - 0 Comments
Posted By Tricia Duryee - Fri 23 May 2008 10:26 AM PST

Videocon said today it was in early talks to buy Motorola’s (NYSE: MOT) handset division, according to the Business Standard. Videocon, a consumer electronics company, said it made a bid…

Earnings: Rediff FY08 Revenues At $32.25 Million, Profit At $5.03 Million; 26 Pc Increase In OPEX - 5 Comments
Posted By Nikhil Pahwa - Fri 23 May 2008 04:00 AM PST

Rediff (NSDQ: REDF) has announced earnings of $32.25 million for the fiscal year ending March 31st 2008 (FY08), up 13 percent from the previous fiscal. However, while the companys registered…

AOL India Launches South Cinema Channel; Stick Cricket Game - 5 Comments
Posted By Nikhil Pahwa - Thu 22 May 2008 08:52 AM PST

AOL India has tied up with Galatta.com for movie content related to South India, an AOL (NYSE: TWX) spokesperson confirmed to ContentSutra. The recently launched South Cinema channel features content…

Updated: Nautanki.tv Gets Content From Zoom, FTV And Bollywood Hungama - 3 Comments
Posted By Nikhil Pahwa - Wed 21 May 2008 11:44 PM PST

Video distribution startup Nautanki.tv has recently inked deals for three channels - with Zoom TV (BCCL Group), and with Hungama for FTV and Bollywood Hungama (earlier known as IndiaFM). All…

Reliance Entertainment Rebrands BigFlicks As BigFlix - 8 Comments
Posted By Nikhil Pahwa - Wed 21 May 2008 07:07 AM PST

I’d gone to a Reliance WebWorld to pay the bill for my data card connection today, and noticed a BigFlicks shop-in-shop store, so took a photo (pictured above). It’s taking…

Eros And Lionsgate In A 50:50 Joint Venture For Film Production & Distribution - 0 Comments
Posted By Nikhil Pahwa - Wed 21 May 2008 07:02 AM PST

Eros International and Lionsgate have set up a joint venture for the distribution and production of movies in India and North America. It’s a 50:50 deal, and is likely to…

Earnings Call: HT Media To Invest Rs. 150 Crores In Internet Business Over 2-3 Years - 4 Comments
Posted By Nikhil Pahwa - Wed 21 May 2008 12:33 AM PST

I’m currently listening to the HT Media earnings call, awaiting my turn to ask questions. The company intends to invest Rs. 150 crores in the Internet Business over the next…

Buongiorno Launches Mobile Ad Solutions In India - 0 Comments
Posted By Cerius Shah - Tue 20 May 2008 12:07 PM PST

Hong Kong based VAS and Mobile marketing player Buongiorno (BIT: BNG) is rolling out their mobile advertising solution in India. We had earlier in the day covered mobile web usage…

Makaan Launches SMS based Real Estate Mobile Application - 4 Comments
Posted By Cerius Shah - Tue 20 May 2008 11:05 AM PST

People Group’s real estate property, Makaan.com, has launched an SMS based mobile application, developed by sister concern, Mauj Mobile. The difference being that while those like Magicbricks have apps that…

Earnings: HT Media To Build Real Estate, Matrimonial Portals; Claims 130 M Pageviews/Year For HT.com - 7 Comments
Posted By Nikhil Pahwa - Tue 20 May 2008 06:05 AM PST

In its earnings release, HT Media has claimed that Hindustantimes.com (HT.com) has emerged as the No.2 player in the news segment with approximately 2.4 million users, and about 130 million…

AOL India Allows Users To Send SMS Via Email And Mobile - 2 Comments
Posted By Nikhil Pahwa - Tue 20 May 2008 05:27 AM PST

AOL India is trying to drive signups by offering users free SMS services via mail and messenger. Subscribers are offered the facility to send free Instant messages and SMS’ to…

XBox 360 Fails To Sell In India; MS To Wind Up Ops In Tier-I Cities: Report - 2 Comments
Posted By Nikhil Pahwa - Mon 19 May 2008 04:48 PM PST

As far as India is concerned, the xBox is the x’ed Box, if this report from CNBC-TV18 is to be believed. The console has apparently been such a dismal failure…