It is learnt from sources that the two companies today paid Rs 20 crore as guarantee deposit to the Board of Control for Cricket in India (BCCI).
All low-cost laptops and desktops come pre-loaded with a Linux OS or a DOS version (obsolete on desktops). The installation of a legal Microsoft operating system (OS) and office suite (for word, excel, etc) will increase the price of the desktop or laptop by 20 to 35 per cent.
The likes of SRK, Nirula and Mallya are in the race to own an IPL team for the upcoming Twenty20 series.
Logix, a company dealing in automative e-retailing solutions, is negotiating the acquisition of a US firm.
Sony TV has locked horns with production house Endemol over airing of Big Boss sequels. Sony maintains that it has the first refusal rights, as per the agreement between the two.
In the last three months, attrition of the company has come down by 25 per cent. The company's attrition on an average ranges from 38 to 58 per cent annually.
The Express group is expected to get around Rs 500 crore (Rs 5 billion) from the deal.
Real estate major DLF, Mukesh Ambani-promoted Reliance Industries, cinema production and distribution company Eros International, Reliance Anil Dhirubhai Ambani Group and Videocon Industries are believed to be readying to bid for team ownership rights in the Indian Premier League.
A recent US Department of State directive to the US consular posts now requires consulting an electronic record for visa issuance in these categories.
If India's Australia tour gets cancelled, advertisers will ask the broadcasters for a refund.
Indian IT-BPO firms are looking at Philipines as a viable option to build outsourcing centres.
The actors lead the newcomers pack in endorsement moolah.
The year 2007 surely belonged to the Indian gaming industry. Though investments made were larger than the returns, the number of people playing games certainly grew.
If you search for Benazir Bhutto on the Net, chances are that you would reach a malicious website that will steal your money and personal details stored on the computer and may even crash the system. All this if you do not have a genuine anti-virus installed on the PC.
Matrix's new SIM offering promises less paperwork.
The declining prices of mobile handsets and low connectivity costs have helped in doubling Internet access through cellphones this year.
The Essar group firm is in talks with 7-10 companies for a "strategic fit", as it races to become a $500 million company by 2010. In some of these cases the due diligence process is in progress. Aegis is looking at firms in the US, South America and the Philippines.
Consider these numbers. The latest figures from the Telecom Regulatory Authority of India reveal that the number of Indians using their mobiles to logon to the internet has increased from 16 million in 2006 to 38 million in 2007 (both GSM and CDMA).
This year, Bollywood's most powerful production house makes very little profit.
Company insiders said Ganguly, who was in the cold after he was removed as the captain of the Indian team, has been unable to attract advertisers for over 18 months. Sources said the company had committed a minimum guarantee of Rs 50 crore for five years.