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...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...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…
Continue Reading...India to Allow 10 Wireless Carriers to offer 3G in India
By Azam on August 1, 2008 Add a CommentIndia plans to launch 3G services through upcoming auction according to India Communications and Information Technology. The wireless communication industry is set for further growth with advance services offered through 3G.
Airwaves to provide third-generation, or 3G, services, which enable faster…
Continue Reading...Nokia invest 150M More in Venture Arm for Investments in India and China
By Azam on July 31, 2008 Add a Comment 
Nokia announces further 150M Investment in Nokia Growth partners aimed Internet services in the emerging markets investment in India and China. Nokia intends to set up direct operations in India and China .
The investment raises funds under management of Nokia…
Continue Reading...Indian Private Equity Funds are in Style with Big Indian Players
By Azam on July 14, 2008 Add a Comment
India has been dominated by few large players since the time of the License Raj. The Large business houses in India are setting up Private Equity Funds to acquire equity stakes and companies. Previously, business would use the large business…
Continue Reading...India Mobile TV to reach $360M
By AZAM on March 8, 2008 1 CommentIndian mobile phone users are ready for Mobile TV services with the potential market size estimated to be US $360 million in 2008, according to Springboard Research market study. The analyst Ravi Pandey predicts 12 million subscribers will use Mobile…
Continue Reading...Nokia with a new approach
By AZAM on March 1, 2008 Add a CommentNokia is taking a new approach to the mobile phone which is experiencing declining average selling price per handset. Nokia has been aggressively pursuing sales in emerging markets such as India and China resulting in lower cost handset for affordable…
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