Obopay Shift Mobile Banking from Carriers to Banks
By Azam on May 11, 2010 Add a Comment 
Obopay, the pioneer in mobile payments, today announced Mobile Money for Banks, which will allow banks to deploy their own branded mobile money service. Designed to make bank accounts the anchor for all current and future mobile money transactions, the service…
Continue Reading...GlobalPost is helping to keep foreign correspondents reporting from the scene
By Azam on January 13, 2009 Add a Comment
GlobalPost is working to keep the foreign correspondents busy while tradition news print struggles with staying relevant in declining market of subscribers and advertising revenues. GlobalPost has ambitious plans on a new revenue model to save foreign dispatches.
GlobalPost…
Continue Reading...Yahoo Invest in India Phone Directory
By Azam on December 18, 2008 Add a Comment 
Yahoo has bought a 30 percent stake in Info Network Management Company (INMAC), a company in Chennai in south India that specializes in telephone directory search.
Users in India will now be able to access information about local businesses and services through Yahoo…
Continue Reading...Azim Premji PE Fund PremjiInvest is said to be Interested
By Azam on November 7, 2008 Add a Comment
Azim Premji is said to be interested in picking up a stake in Captain GR Gopinath’s start-up — Deccan Cargo. The Billionaire from to Software ,Azim Premji Private Equity fund (Pramji Invest) is exploring investing a stake buy in Deccan…
Continue Reading...Bharti Teams Up with AXA for PE Fund
By Azam on November 5, 2008 Add a Comment
Bharti Enterprises and French insurance major AXA are planning to launch a private equity (PE) fund in India. Currently, both companies are working out the details of the JV effort for the Private Equity fund . A source in Bharti…
Continue Reading...Games2Win Plays to Win in Casual Gaming & Entertainment Market
By Azam on October 22, 2008 Add a Comment
India based, Games2win site is a portal for casual Flash games of all kinds, and they also provide games to other game sites. The company announced recent launch of Game Curry for search in the casual gaming. Also, Games 2Win…
Continue Reading...FDI Capital Inflows Into India Despite Credit Crunch
By Azam on October 10, 2008 Add a Comment
India has received a total of $14.6 billion in FDI during April-August 2008 against $6.5 billion a year ago. India has managed to attract an impressive amount of FDI with 124% increase in the first 5 months of the current…
Continue Reading...Bollywood goes Hollywood with Reliance in a Deal 1.2B with Spielberg for a New Film Production Company
By Azam on September 20, 2008 Add a Comment 
Big time Hollywood film director Spielberg signs on with Reliance ADA Group for a 1.2B deal to produce films under a new banner. The highly success film maker Spielberg has parted way with Paramount which acquired DreamWorks film production unit…
Continue Reading...Yahoo is SpotM in India
By Azam on September 19, 2008 Add a Comment 
SpotM is Yahoo India social network with interesting features for the Indian market. SpotM will target the 16-24 the college going age bracket in an attempt to capture the growing market in India. Google and Facebook have been increasing their share…
Continue Reading...Money is Still Flowing in Venture Capital Funding in India
By Azam on August 21, 2008 Add a CommentWSJ & Venture Source report India attracted $238 million in venture investment with 17 deals closed in the second quarter, a 120% increase over the $108 million invested in 12 deals during the same period in 2007. Ten seed and first round…
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