Unless you are a complete idiot or a troglodyte, you know who Craig Newmark is. Assuming for a moment that you are one of those out to prove that the dodo is not extinct, let’s introduce Craig Newmark to you. Craig Newmark is the Craig of Craigslist and the man single-handedly responsible for destroying the […]
Anil Ambani’s Reliance Big Entertainment Pvt Ltd is looking at investing $1 billion in its Indian movies business over the next three years, according to the Wall Street Journal. Reliance Big Entertainment is involved in making movies, distribution and screening them. Reliance Big Entertainment president Rajesh Sawhney told the WSJ that the investments would flow […]
Indian windmill giant Suzlon Energy got buggered by the Wall Street Journal (subscription required) today. In a hard-hitting piece, the WSJ story said Suzlon is encountering headwinds in India after its well publicised problems in the international market: Suzlon Energy Ltd., the world’s fifth-largest wind- turbine maker by sales, is facing complaints in its home […]
Indian software powerhouse Infosys is acquiring UK SAP consulting firm Axon Group for $753.1 million. The deal is expected to close by November this year. The 2,000-man Axon Group, which provides SAP consultancy services to MNCs, has offices in the UK, North America, Malaysia and Australia. In 2007, Axon Group reported a net income of $37.4 million […]
Venture capitalist and Sun Microsystems co-founder Vinod Khosla has backed a New York City-based healthcare startup ZocDoc. Vinod’s VC outfit Khosla Ventures led ZocDoc’s Series A round, which raised $3 million. ZocDoc, which went live in September 2007, lets users make online appointments for primary care, dermatology, ophthalmological and dental care in New York City. The fledgling hopes […]
Remote technical support services provider for consumers and small businesses iYogi has raised $9.5 million in a Series B round led by SAP Ventures. Canaan Partners and SVB India Capital Partners also participated in the latest round. For an annual subscription fee of $199.99 per desktop, iYogi provides support for different technologies including PC hardware, […]