JV & Investment

SET Renamed Multi-Screen Media; Dressing Up Before A Sale? - 0 Comments
Posted By Nikhil Pahwa - Fri 21 Dec 2007 12:21 AM PST

Sony (NYSE: SNE) Entertainment Television (SET) has been renamed Multi Screen Media (MSM), a move which CEO Kunal Dasgupta told IndianTelevison reflects a change in company’s strategy. SET intends to…

Naukri Looking To Raise More Funds; Invests $500,000 In Study Places Inc - 0 Comments
Posted By Nikhil Pahwa - Thu 20 Dec 2007 10:11 PM PST

Info Edge (BOM: 532777) India (the Naukri.com Group) has informed the Bombay Stock Exchange that the company’s board of directors will meet today (21st of December) to “discuss raising of…

Turner International Picks Up Minority Stake In Miditech; ICICI Ventures Gets An Exit - 0 Comments
Posted By Nikhil Pahwa - Wed 12 Dec 2007 06:46 AM PST

This just in: Turner International has acquired a minority stake television production company Miditech. The stake includes all the shares held in Miditech by ICICI ventures. Turner and the Alva…

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NBC Universal In Talks To Pick Up Stake In NDTV Networks: Report - 0 Comments
Posted By Nikhil Pahwa - Wed 12 Dec 2007 02:45 AM PST

This isn’t the first time there’s been news of NBC Universal (NYSE: GE) being in talks to pick up stake in an NDTV company; in July this year, there was…

Former ABP CEO Pramath Sinha Launches 9.9 Mediaworx; No Legacy, Overhead Issues - 1 Comment
Posted By Nikhil Pahwa - Tue 11 Dec 2007 10:26 PM PST

At the TiE-Entrepreneurial Summit yesterday, former Anand Bazaar Patrika (ABP) CEO Pramath Raj Sinha had to field an uncomfortable question: a member of the audience, apparently unaware of the acrimony…

UTV Severs Ties With Astro For Bindass - 2 Comments
Posted By Nikhil Pahwa - Mon 03 Dec 2007 11:04 PM PST

UTV Software has informed the BSE that they have called off their “discussion” with Malaysian DTH and Pay TV co Astro for a TV joint venture in India; that venture…

Network18 To Invest $90.5 Million In JV With Viacom - 0 Comments
Posted By Nikhil Pahwa - Wed 07 Nov 2007 11:27 PM PST

Viacom (NYSE: VIA) has formalized its joint venture with Network 18 - Viacom 18 Media Pvt Ltd. The 50:50 joint venture will receive around $90.5 million in investment from Network18…

PE Funds Apparently Eying 32 Percent Stake In Sony Entertainment Television - 0 Comments
Posted By Nikhil Pahwa - Mon 05 Nov 2007 10:54 PM PST

Warburg Pincus, Blackstone and Standard Chartered Private Equity are among the Private Equity players looking to buy the 32 percent stake in Sony (NYSE: SNE) Entertainment Television reports ET. Sony…

Ortel Communications Sells 8 Percent Stake To SREI - 0 Comments
Posted By Nikhil Pahwa - Mon 22 Oct 2007 12:56 AM PST

Ortel Communications has sold 8 percent stake for an undisclosed amount to the SREI group, reports Indiantelevision.com. The report doesn’t mention how much money has been raised. The company is…

ESS India Eying Acquisitions In TV, Internet, Broadband, Mobile Areas - 0 Comments
Posted By Anupama Chandrasekaran - Mon 08 Oct 2007 06:36 PM PST

After more than a decade of operations in India, ESPN Start Sports (ESS) now sees acquisitions as key to further growth, reports the Economic Times. The financial daily quotes ESS’s…

And now, it’s Euro RSCG Shopping For Digital Buys In India - 0 Comments
Posted By Anupama Chandrasekaran - Sun 07 Oct 2007 07:45 PM PST

David Jones, CEO of the world’s fifth largest ad agency network Euro RSCG Worldwide, could be looking at small and medium-sized acquisitions globally as well as in India and China.…

Eros Strikes Content Licensing Deals With South-East-Asian Companies - 2 Comments
Posted By Anupama Chandrasekaran - Sun 07 Oct 2007 07:00 PM PST

London-listed Bollywood film producer Eros International Plc.’s new media unit has signed content licensing deals with leading telecom and on-demand service providers in South East Asia. [via glamsham.com] The company…

Pallagames, Trilogix, SIDBI To Buy Stake In Mumbai Gaming Company MAHL - 0 Comments
Posted By Anupama Chandrasekaran - Tue 02 Oct 2007 07:17 PM PST

According to the Economic Times, Mauritius-based gaming firm Pallagames and UK-based IT firm Trilogix along with Small Industries Development Bank of India (SIDBI) are close to picking up around 25…

Essar Group To Raise $3.59 Bln Against 33 % Vodafone-Essar Stake - 0 Comments
Posted By Anupama Chandrasekaran - Tue 25 Sep 2007 07:12 PM PST

The Essar Group is raising $3.59 billion (Rs 14,360 crore) against its 33 per cent stake in Vodafone (NYSE: VOD)-Essar, the country’s fourth-largest mobile operator, in what will be the…

Airtel Lanka Signs Up Huawei For $150 Mln Network Deal - 4 Comments
Posted By Anupama Chandrasekaran - Tue 18 Sep 2007 07:06 PM PST

Bharti Airtel Lanka, a subsidiary of Bharti Airtel, has struck a $150 million, three-year deal with telecom company Huawei Technologies to manage its networks. Huawei is expected to deploy and…

TV18 Acquires 35 Percent Stake In Mobile Retailer MobileNXT - 1 Comment
Posted By Nikhil Pahwa - Wed 12 Sep 2007 10:13 PM PST

MobileNXT Teleservices, a Bangalore based mobile retailer has divested 35 percent of stake to TV18, reports Business Standard. MobileNXT will get TV18 content and access to resources and ad inventory...wha’ts…

India Next Stop For Japan’s NTT DoCoMo? - 3 Comments
Posted By Anupama Chandrasekaran - Tue 11 Sep 2007 11:17 PM PST

Japan’s leading mobile phone operator NTT DoCoMo could just be reversing its long-held stance to stay away from the overseas market, according to the Financial Times. The mobile phone operator…

Mumbai ISP Pacenet To Divest 74 Percent Stake To PE Firm Ashmore - 0 Comments
Posted By Nikhil Pahwa - Mon 10 Sep 2007 09:59 PM PST

Broadband Pacenet (India), a Mumbai based Internet Service Provider (ISP), is divesting 74 percent stake to UK based Private Equity firm Ashmore Investment Management, reports Indiantelevision. This follows unsuccessful negotiations…

ISP YOU Telecom Plans Rs. 300 Crore Expansion - 0 Comments
Posted By Nikhil Pahwa - Sun 02 Sep 2007 08:33 PM PST

Interent sevice provider YOU Telecom appears to be the first to throw its hat into the ring: it has planned a Rs. 300 crore outlay for launching services in 14…

Times Group Acquires Stake In Travel Masti - 12 Comments
Posted By Nikhil Pahwa - Thu 30 Aug 2007 08:54 PM PST

So here’s a travel portal that wasn’t in my ever burgeoning list online travel agents (OTAs): Travelmasti.com. The company, Travel Masti Holidays, has received an undisclosed amount of investment from…

Northgate Technologies Sets Up Social Media India To Promote BharatStudent.com - 14 Comments
Posted By Nikhil Pahwa - Tue 28 Aug 2007 05:32 AM PST

BSE listed Northgate Technologies has informed the bourses that they’ve set up an Indian subsidiary called Social Media India Ltd, which will seek online advertising for their social networking portal…

Thebig.tv Gets Investment From Suhel And Swapan Seth, Gaggan Duggal - 3 Comments
Posted By Nikhil Pahwa - Tue 21 Aug 2007 09:38 PM PST

Online video sharing site thebig.tv has received an undisclosed amount of investment from Suhel Seth, Managing Partner of Counselage, Swapan Seth, CEO of Equus Red Cell, Gaggan Duggal of Matrix…

Times Of India Group Invests Rs. 21.5 Crore In World Phone - 3 Comments
Posted By Nikhil Pahwa - Mon 20 Aug 2007 12:46 AM PST

Bennett, Coleman & Co Limited, better known as the Times of India group, has invested Rs 21.5 crore in World Phone, a Voice Over Internet Protocol (VoIP) and Internet service…

Shekhar Kapur Eyes 32 Percent Returns From New Media Fund - 3 Comments
Posted By Anupama Chandrasekaran - Tue 31 Jul 2007 12:57 AM PST

In an interview with Knowledge@Wharton, Wharton Business School’s business journal, filmmaker and businessman Shekhar Kapur said he expects his newly launched $500 million media and entertainment fund to generate at…

NBCU Could Buy 26% Stake In NDTV’s Entertainment Venture - 1 Comment
Posted By Anupama Chandrasekaran - Tue 24 Jul 2007 07:22 PM PST

NDTV is in talks with the US entertainment company NBC Universal for selling 26 percent stake in its upcoming entertainment business.[via PTI] NDTV Entertainment, a 100 per cent subsidiary of…