U Me Aur Hum Fares Badly at U.S. Box Office

U Me Aur Hum Crashes in U.S. – Down 73.3% Compared to other high profile recent Bollywood movies, U Me Aur Hum, Ajay Devgan’s crude  lift of Hollywood movie The Notebook,  has fared badly at the U.S. box office. In its opening weekend (April 11-13),  U Me Aur Hum grossed a mere $642,923. Jodhaa Akbar […]

Sify to Raise $57 Million

Internet and e-commerce services provider Sify Technologies plans to raise $57 million through sale of 12.81 million Indian equity shares to Infinity Satcom Universal Private Limited at a price of $4.46 per share. The aggregate proceeds of $57 million from this sale, according to Sify, would be used to fund the company’s growth and development. Infinity […]