Nikhil has an update from TravelGuru CEO Ashwin Damera that ongoing rumors of Expedia acquiring majority stake in TravelGuru for $17 million are mere speculation and that no deal has been signed.
Just like everyone else reported, a $17 million for a majority stake would be just like a desperate deal. Something seemed very odd about […]
TenCent Holdings, a leading Chinese portal, has secured an option to acquire upto 50% of MIH India Global Ltd. MIH operates the portals iBibo, Dwaar and OneFamily.
TenCent plans to invest $7.5 million in MIH India Global over the next three years.
MIH India Global is backed by media conglomerate Naspers, which, also owns a 35.5% stake […]
Yahoo India has launched Local, a local search site for Indian cities. The service is currently available for Delhi-NCR, Bangalore, Chennai and Mumbai and provides information like business listings, maps, directions, local events, movies etc. You can review listings, mark businesses on the map and share info with others.
While the site is useful, I wonder […]
AOL India has launched an Indianized version of their international men’s portal, Asylum.
Here’s how they describe themselves:
Men want more than just photos of women.OK, maybe not much more, but at Asylum we’ve got something for all mankind.
Well, hmm..if they only knew Indian men .
Anyways, so if you want to learn how to […]
Google’s “Do No Evil” mantra would need no introduction to most of you. For those of you, who need to know more about their mantra and its origins, there are hundreds of online articles that explain the same.
While Google has enjoyed immense PR and popularity riding on the back of this mantra, some of its […]
Mint reports that Web18 is to launch a horizontal portal, tapping into data from the rest of the sites in its portfolio. They already have a pretty good portfolio spanning across finance, travel, sports, jobs, entertainment etc. So, it wont take too much effort in getting section specific content.
Insiders revealed that the site is likely […]
Bennet, Coleman & Co., owners of IndiaTimes portal and Times Of India, are planning an IPO listing. The listing is likely to happen within the next year as per insider sources.
The IPO plan is being linked to retention plans for some of the leading editors in the group who are being wooed by rival newspapers […]
Yahoo India has launched a new concept called ‘Glue Pages‘ for users of Yahoo India search. ‘Glue pages’ aggregates text, images, video from across the web in various verticals like health, sports, entertainment, travel etc. and presents a ‘visual’ search results page. The goal is to provide a broad coverage of search results across a […]
April 25, 2008 – 12:46 am
Nasdaq listed Sify is planning to raise funds by listing on the Indian stock market. The funds will help expand to 2nd and 3rd tier cities in India and open additional data centers.
I’m not sure if this statistic was released by them before - they have 2,15,000 broadband customers. As per CEO Raju Vegesna, consumer […]
Google India has launched a movies section. You can search for theaters and movies in your city. Filter by movie name, movie popularity of theater distance.
Check it out at www.google.co.in/movies . Via Labnol / Prashant.
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