Just as the Zunes and Sonys struggle to find favor with music afficionados, Apple rolled out its gorgeous iPod Touch that lets users listen to music, watch videos and browse the Internet. A sleek widget in the hallmark Apple style, the iPod Touch can be considered the iPhone for those not looking for a cell phone […]
Vijay Mallya’s Kingfisher Airlines intends to offer web based e-mail and instant messaging services to passengers on its long distance flights starting in 2008 and follow it up a year later with Internet access and mobile phone services. Kingfisher has picked aircraft manufacturer Airbus‘ subsidiary OnAir to provide the e-mail and Internet services. Kingfisher plans […]
A study by three finance professors into 75,000 Danish companies has found that the profitability of a company increases by 7% after the CEO’s mother-in-law dies. We swear we are not making this up. This interesting study and its results are from a front page story in today’s Wall Street Journal (subscription required). The study […]
Some of the ferocious entrepreneurial energy that has propelled India to a growth rate of over 9% lately seems to be moving westward – to Pakistan. Writing in today’s Wall Street Journal (subscription required), Peter Wonacott sees a new class of entrepreneurs in Pakistan ushering in pockets of dramatic change: Scores of new businesses once […]
Indian TV viewers have never had it so good or so bad (depending on the viewer). Some 100 TV channels are supposed to be launched over the next 12 months with more to come. While this huge expansion in TV channels means so much more choice for viewers, it also portends intense competition for ad […]
Fresh from its acquisition of a 51% stake in Tamil movies distributor Ayngaran International,  Bollywood producer and distributor Eros International is bolstering its acquisition capabilities. Eros today disclosed that Citigroup Global Markets had underwritten a $100 million 5-year facility to finance acquisitions. Eros CEO Kishore Lulla is bullish on the opportunities in the market for Indian entertainment […]