- Sept 27th :-Sistema JSFC, Russia's largest private consumer services firm, on Wednesday bought 10 per cent stake in telecom operator Shyam Telelink for $11.4 million, marking the entry of a Russian company in India's rapidly growing telecom space.
- Sept 27th :-Videocon has applied for mobile licences in all 22 telecom circles in India with joint venture with an American company Verizon and can hold a 74% stake in the company.
- "Kasturi", the new Kannada TV channel owned by Karnataka Chief Minister H D Kumaraswamy, went on air on Wednesday.
