Date-wise News

Dasmunsi asks Finance Ministry to probe source of funding for INX; meanwhile, Executive Editor Avirook Sen sacked

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Developments at INX took a serious turn when Information and Broadcasting Minister P R Dasmunsi on Friday issued a statement that he had been apprised of the serious allegations, including source of channel funding for INX, and that he had referred the matter to the concerned desk of the Finance Ministry to ascertain the facts through their investigation wing.

e4m Desk Feb 2, 2008 8:02 AM

Internet is Asia’s No. 1 source of information on electronics: Microsoft Digital Advertising Solutions Survey

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According to the recently released Microsoft Digital Advertising Solutions’ Consumer Electronics Survey, gadget enthusiasts in India are increasingly going online to research their next consumer electronics purchase. The survey shows that 83 per cent of respondent in India cite the Internet as their most used resource for this purpose followed by newspapers at 56 per cent.

exchange4media Mumbai Bureau Feb 2, 2008 7:54 AM

International: Microsoft offers to buy Yahoo! for $44.6 billion; Yahoo! Board to evaluate proposal

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Microsoft Corporation went public on Friday, February 1, 2008, with an offer to buy Yahoo Inc. for $44.6 billion at $31 per share. The Yahoo! Board through an official note conceded that it had received an unsolicited proposal from Microsoft to acquire the company. The Company also added that its Board of Directors would evaluate this proposal carefully.

exchange4media Mumbai Bureau Feb 2, 2008 7:47 AM

STAR DEN announces top level appointments; Gurjeev Singh Kapoor roped in as CEO

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STAR DEN, a joint venture between STAR India and Digital Entertainment Networks, has recently made some top level appointments. Gurjeev Singh Kapoor has been brought in as CEO, while Mohammed Mujeebuddin has been appointed Executive Vice President, Digital Platforms and Business Development, and Chandrashekar Shetty has been appointed as Senior Vice-President, Sales & Marketing.

exchange4media Mumbai Bureau Feb 2, 2008 7:46 AM