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Infosys expands new technology 'innovation fund' corpus five-fold to $500M

TMT

09 January, 2015

Infosys expands new technology 'innovation fund' corpus five-fold to $500M

IT major Infosys Ltd has expanded the corpus of its global innovation fund to $500 million from the original $100 ......

AngelPrime invests in two more startups, to expand focus to IoT

TMT

09 January, 2015

AngelPrime invests in two more startups, to expand focus to IoT

Bangalore-based seed-stage VC firm has invested in two unnamed technology ventures. AngelPrime, which typically invests $500,000 (Rs 3.1 crore) each ......

Tech Mahindra to acquire Swiss IT consulting firm SOFGEN

TMT

09 January, 2015

Tech Mahindra to acquire Swiss IT consulting firm SOFGEN

Tech Mahindra Ltd, a part of the multi-billion dollar Mahindra Group, has signed a definitive agreement to acquire Geneva's SOFGEN ......

Govt gives green signal to auction of third phase of FM radio licences

TMT

16 January, 2015

Govt gives green signal to auction of third phase of FM radio licences

The proposal for auctioning for phase III of FM channels was given a go ahead by the government on Friday, ......

Reliance Jio chief Sandip Das moves; to head mobile devices sales at Reliance Retail

TMT

13 January, 2015

Reliance Jio chief Sandip Das moves; to head mobile devices sales at Reliance Retail

Ahead of the much-talked about launch of telecom services, RIL Chairman Mukesh Ambani has moved the segment head and marketing ......

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Temasek dilutes holding in Bharti Infratel, pulls out around $50M more

TMT

08 January, 2015

Temasek dilutes holding in Bharti Infratel, pulls out around $50M more

Singapore's state-owned investment firm Temasek has reduced its holding in Bharti Airtel’s telecom tower arm Bharti Infratel Ltd further as ......

Carnival buying Glitz Cinemas from Capital18

Media & Entertainment

08 January, 2015

Carnival buying Glitz Cinemas from Capital18

Capital18 Fincap Pvt Ltd (Capital18), a private investment arm of Network18 Media & Investments Ltd, has entered into an......

Real estate portal CommonFloor raises funding from Google Capital

TMT

08 January, 2015

Real estate portal CommonFloor raises funding from Google Capital

Bangalore-based maxHeap Technologies Pvt Ltd, the company behind the real estate and apartment management portal CommonFloor.com, has raised an undisclosed ......

Lenskart's Peyush Bansal on new funding, why he shut down three other e-com sites & more

Technology

08 January, 2015

Lenskart's Peyush Bansal on new funding, why he shut down three other e-com sites & more

Lenskart.com, run by Noida-based Valyoo Technologies Pvt Ltd, is an e-commerce platform for spectacles and lenses. Last ......

Tech Mahindra forming JV with Avion Systems

TMT

08 January, 2015

Tech Mahindra forming JV with Avion Systems

Information technology and software services provider Tech Mahindra Ltd is forming a joint venture (JV) with global telecom technology firm ......

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