India

Why a partnership between Carrefour and Reliance Retail makes sound business sense?

06 jan 2008

After its decision to pull back from Indian market, Carrefour had planned entry with various partners such as DLF, Parsvnath and ADAG but nothing materialised till date. However after the Bharti-Wal-Mart deal, world’s third largest retailer would not have shyed away from the growing Indian market.

Tech Reliance – the next growth driver for Anil Ambani

02 jan 2008

Reliance-ADAG is doing what it knows best. It is making a quick entry into the software and IT services business with an impressive initial investment of Rs.8000 crores. The venture is likely to be named ‘Tech Reliance’ and would have 6 development centres across country with aim to become among top 10 IT companies of India to join likes of TCS, Infy, Wipro, Satyam, IBM and Accenture within 2 years.

Listen to Hindi Songs Online

29 dec 2007

Do you want to listen to latest hindi songs online for free ? The site featured here has a large collection on bollywood music including old songs, ghazals and remix albums. With Orbit, you can even download hindi songs in MP3 or MPEG.

Bharti to adopt telecom experience for foothold into retail

24 dec 2007

Bharti Retail is following its tried and tested model of acquiring small companies to kickstart its retail operations. Its much awaited retail stores in partnership with Wal-Mart are due to open in early 2008.

Forbes magazine makes entry into India, ties up with TV18

13 dec 2007

Forbes, America’s third biggest business magazine after BusinessWeek and Fortune, is going to make an Indian entry in early 2008. And since only 26% FDI is permitted in print media in India, it has chosen Television18 as its Indian partner.

Anil Ambani enters into highly lucrative Live Sports Entertainment biz

13 dec 2007

The Reliance – ADAG groups is making its foray into organising large format live events through their company, Adlabs Films under a new banner ‘Big Live’. The group will mainly organise sports and entertainment events rather than managing sports personalities.

Why would Kishore Biyani look to buy out UTV?

12 dec 2007

UTV Software Communications, one of the profitable media companies is attracting interest from unlikely quarters. After its impending sell-off to Walt Disney, the market is ripe with rumours that Future Group’s Kishore Biyani may pay a 20% premium to the price committed by Disney and acquire 51% stake for Rs.1751 crore.

TV18 ventures into print & publishing biz, buys Infomedia

12 dec 2007

India’s number one publisher of business directories and special interest magazines, Infomedia India has found a third owner since its inception. ICICI Venture, which bought 50% stake in Infomedia from Tata for Rs.123 crore and 13% through open offer, has now sold its 40% stake to TV18 for Rs.178 crore.

Surrogate Mother Agencies in India; Outsourcing Pregnancy

10 dec 2007

Womb for Rent – Surrogate mothers is a growing trend in India for women who are not able to have children.

Bonus restored on Post Office MIS, but should one invest now?

10 dec 2007

The once hugely popular investment option of Post Office Monthly Income Scheme has been losing its shine since February, 2006 primarily due to the removal of 10% bonus on maturity clause.

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