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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Avitel Post Studioz Raises $60M From HSBC Principal Investments

TMT

20 June, 2011

Avitel Post Studioz Raises $60M From HSBC Principal Investments

HSBC Principal Investments, the private equity arm of the HSBC Group, has invested $60 million for a minority equity interest ......

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20 June, 2011

GTL, GTL Infra Shares Fall Sharply

Shares in GTL Ltd plunged more on market talks of a possible default in debt repayment, however the firm's chairman ......

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17 June, 2011

Nirlon To Raise Rs 75Cr For Mumbai IT Park

Mumbai-based Nirlon Ltd, a textile firm turned real estate developer, is raising Rs 75 crore through a preferential allotment to housing finance ......

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17 June, 2011

Ebay Tries New Tack To Woo China

In China, Ebay is famous not for its auction and retail services, which are used by about 100m people globally, ......

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16 June, 2011

Datamatics Software Acquires Vista Info Systems

Datamatics Software Services Ltd, a subsidiary of Datamatics Global Services Ltd (a global IT & KPO firm), has entered into ......

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16 June, 2011

Flipkart Raises $20M From Tiger Global In Series C Funding

Flipkart Online Services Pvt Ltd, which runs the e-commerce site Flipkart.com, has raised $20 million in its Series C round ......

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16 June, 2011

KPIT Cummins Gets Board's Nod To Acquire Systime Global

ChrysCapital-backed and Pune-based tech company KPIT Cummins Infosystems Ltd has got its board’s approval to acquire 50 per cent stake ......

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15 June, 2011

India's Essar To Exit Telecom Business In Africa

Indian conglomerate Essar Group is looking to sell its telecoms operations in Kenya and has decided not to go ahead ......

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14 June, 2011

US-Based AECOM Technology Acquires India's Spectral Services

US-based engineering firm AECOM Technology Corp., a Fortune 500 company, has acquired India's Spectral Services Consultants, a mechanical, electrical and plumbing ......

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14 June, 2011

Facebook Looking At IPO In First Quarter

Facebook is preparing to file for an initial public offering as early as October or November that could value the ......

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