Business Standard reports that Indian Angel Network, an angel investors’ network, is planning to make several new investments this year and is targeting atleast 10 new deals by the end of 2007.
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Star, Zee and Times of India have jointly invested in the company floated by Dentsu to setup lastminuteinventory.com a place that allows advertisers to pick up unsold ad slots on TV and other media. Around 15% of ad inventory remains unsold currently.
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The backers of Facebook, Greylock Venture Partners are now in India. Their first investment is in Techprocess (earlier known as BillJunction.com) via their global $500 million fund. [ reported by Business Standard]
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Komli has launched Pubmatic, a unique online ad-server system that allows website publishers to maximize their earnings from different ad networks by displaying the best revenue generating ad inside webpages from amongst the various ad networks - thus increasing ad efficiency and maximizing revenues.
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BiharMahilaUdyogSangh.com launched and will provide information about crafts, including pottery, embroidery, oil painting, fabric painting, Mithila painting, Tikuli craft, dress making and food items, all made by its members.
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Giants like Google, Yahoo, Microsoft and Skype, which are offering VoIP voice chat features through their messenger softwares, may soon have to start paying six per cent of their annual gross revenue to the government and service tax.
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Goldstone Technologies, which earlier signed a 5 year deal with Shemaroo Entertainment to use its 500 plus movies over its IPTV service, has now signed a deal with LA based Echelon Studios for over 3500 video titles for video-on-demand service to be launched in India, Malaysia, Taiwan, Japan, Australia, New Zealand, Thailand, Hong Kong and […]
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BSNL is planning to setup a Wi-Max network that will cover a total area of around 700,000 square km and have 1000 towers with a 15 km radius each. They will purchase and invest to setup around 85,000 customer-end equipment, that will be eventually rented out to residential and commercial customers.
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Eros International has plans to setup an animation studio in India and produce local animated content, with plans to invest Rs 600 crores to produce about 30 Bollywood movies every year.
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Amar Deb, head of Channel [V] claims that the channel is “new media friendly” in an interview with Indiantelevision.com . He seems to have got his concepts of what blogging is all wrong - as his methodology selects 10 of some 2000 applicants for live blogging and then controls and tells them what to blog […]
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