Roundup of important events in India Business world:
- US-based billionaire, George Soros has picked up 3% stake in Reliance Entertainment for $100million, valuating the firm @ $3billion. Reliance Entertainment includes Zapak, BigFlicks, BigAdda, JumpGames, Anirights, Big Music and Big Movies.
- Google India has launched Google Trends to trendspot the hot searches from India.
- ibibo, after their ‘balti ads‘ has roped in Ravi Shastri for cricket blog, and has also tied up with Zee for reality show ‘Public ka Vitt Mantri‘ where ibibo bloggers can post a blog on budget – which will be judged by Former Union Finance Minister, Yashwant Sinha. Top five bloggers will get an opportunity to present their dream budget on TV and compete against each other to win the title of ‘Public Ka Vitt Mantri’ title.
- TravelGuru has launched it’s affiliate program (TAP) which offers publishers to monetize their site by selling TravelGuru products/services
- Web18 to dilute 10-15% equity via ADR route.
- CartoonNetworkIndia.com is revamped with web2.0 features – blogs/UGC/video; and has partnered with Outblaze to create interactive communities.
Mobile Updates:
- Italian mobile entertainment co., Buongiorno To Bring Mobile IM Bing To India
- IndiaTimes has launched GameZone, a free ad-supported gaming mobile portal (ads are powered by Hovr) which can be accessed via wap.indiatimes.com
- Juice Wireless, LA based mobile social networking co. is launching JuiceCaster service in India. The service allows users to create and consume rich media content on the mobile, as well as share content on Blogger and social media sites like MySpace, Facebook and Orkut.
tags: reliance, ibibo, web18, travelguru, bing, juicecaster, gamezone, hovr
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