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Nasdaq listed Rediff.Com India Limited has posted strong Q2 results, especially with reference to growth in Indian online advertising. Recall from IAMAI & Pinstorm report that the Indian online advertising barely existed in 2002-03. Excerpts from Rediff’s Q2 results QoQ growth in Indian Online advertising 20%. YoY growth for corresponding Q2 quarters is 94%.Continue Reading

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The Department of Telecommunications accepting TRAI’s recommendation on implementation of 3G is likely to go ahead with the spectrum auction said a PTI press release. Most of the bandwidth required for 3G is currently held by the DoD. TRAI in its proposal had recommended a reserve base price of Rs1,050Continue Reading

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I had a chance to interact with Madhouse (Madhouse.in) team and excerpts are as follows. Who  & Where – Madhouse Entertainment, Chandigrah, Noida,  Delhi and surrounding areas. What They Do  – Madhouse understands you and is determined to transform the way you choose and watch high quality DVDs (Movies), served at your doorstep. They’ll also serve you with Games,Continue Reading

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In: Mobile, Telecom

The High court of Delhi has asked BSNL not to award the contracts of it’s mega tender until Nov-16th when it will retake the case of Motorola’s disqualification. Motorola has challenged BSNL’s decision. Recall, when mobile telephony licensing was thrown open, Bharti Tele-Ventures Ltd had won the bids for allContinue Reading

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Sulekha.Com an online community for Indians worldwide received $10 Million in funding from Norwest Venture Partners according to NVP. NVP’s managing partner Pramod Haque will join Sulekha’s board of directors.Sulekha is mainly into classifieds, blogs and yellow pages. Sulekha’s blogs and classifieds are mostly popular outside India. Nikhil Pahwa overContinue Reading

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TRAI has released a consultation paper, “Improvements in the effectiveness of NIXI“[PDF]. NIXI was established to interconnect all the ISPs in India such that local traffic could be routed effectively. However, TRAI has observed that, Limited number of ISPs have joined NIXI resulting in sub optimal utilization of NIXI’s infrastructure.Continue Reading

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Anil Ambani controlled, Reliance Communications Ltd today announced at an analysts conference that it has bagged enterprise data business from the global internet majors Google, Yahoo and Microsoft. Reliance will provide the GYM companies bandwidth connectivity and data managed services from India. It’s nice to see the convergence of global internet giants at Reliance dataContinue Reading

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With 120 Million Mobile phone subscribers and still counting, Russian Mobile Retailer, EuroSet has big plans for India. Euroset wants to setup around 5,500 retail stores with PAN-India presence. Euroset is in talks with Delhi Real Estate land lords, Ansal group. Afterall, only the BRIC nations understand how to runContinue Reading