While the other owners of Indian Premier League teams are gearing up to pick up players in an auction some time this month, Emerging Media and Lachlan Murdoch, the combine which has bagged the Jaipur team, has firmed up its marketing and promotion plans.
The auctions are slated sometime in February, though the exact date is yet to be announced. Expectations are that stars like Sachin Tendulkar, Sourav Ganguly, Rahul Dravid and Yuvraj Singh will rake in close to Rs 2 crore to Rs 3 crore in just one season of 59 match-days.
If it were a corporate entity, the Board of Control for Cricket in India would have been among the country's top 170 companies in terms of revenues (2007) -- much larger than Zee Entertainment (Rs 1,515.88 crore) for which promoter Subhash Chandra is waging a bitter battle against the official cricket board to develop 20-20 cricket in India.
Last week, Reliance Entertainment signed up with Manchester United for an exclusive, global three-year game development deal, which reports estimated at $100 million. Rajesh Sawhney, president, Reliance Entertainment, talked to Business Standard about the company's plans in the gaming, animation and home entertainment space.
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.
