Deal Alert: Tata Elxsi launches incubator for technology startups
Press Release Publicly listed Tata Elxsi has launched Incub@TE, an incubation center program to support entrepreneurs. The initiative is designed to create the next wave of product and service oriented…
Deal Alert: MakeMyTrip acquires majority stake Thailand’s ITC Group for $3.2 M
Press Release Nasdaq-listed MakeMyTrip Ltd. has acquired a majority equity interest in Thailand-based ITC Group for $3.2 million. The ITC Group comprises of International Tour Center Co. Ltd., ITC Bangkok…
Deal Alert: Patni brothers acquire stake in Grameen Capital; IFMR Trust exits
Economic Times Amit and Arihant Patni, the sons of Patni Computer co-founder Gajendra Patni, have bought a 43.17% stake in Grameen Capital India (GCI) from former investor IFMR Trust. The…
What does India’s first Super Angel Rajan Anandan look for?
YourStory has an interesting interview with him on the sidelines of ISB Digital Summit where he keynoted. Extracts (emphasis mine) First, I look for interesting ideas in technology that can…
What holds back the Angels?
Businessworld has an interesting Cover Story focused on Angel Investments – or rather their lack. The article starts of with data from Venture Intelligence showing how the recognized angel networks…
Clean Energy: The Promise & The Pain
Businessworld has a Cover Story on the topic with special focus on the travails of wind energy in Tamilnadu, hydel energy in Uttarakhand and the emerging rooftop solar opportunity. Tamil…
Mobile.com: Listen to ads; get free talk time
From Businessworld: Now, Sistema Shyam Teleservices (SSTL), that offers CDMA-based mobile services to 17 million subscribers under the MTS brand, will offer free talk time to subscribers soon, provided they…
Power Crisis Looms as Private Sector’s Enthusiasm Wilts
Businessworld has recently covered the crisis in the Indian power sector and the problems facing private sector investments in the sector. From the Cover Story titled “Burn Ambitions”: If there…
QSR or Fine Dining: The Dynamics
Extracts From Business Today: …the fine and casual dining sector – currently estimated to be around Rs 3,000 crore – has customers eating out of its hands…. With all the…
Monetizing Mobile Games
From a Business Today article: Some pack in ads, while others like Kejriwal shun them but charge users to download games. Those choosing the latter option also have to decide…