- Apnaloan.com (ALC India), a Sequoia Capital funded personal finance site is in talks with Chrys Capital, Intel (NSDQ: INTC) Capital and Sequoia Capital to raise up to $15 million.
- UTV Software has informed the BSE that they have called off their “discussion” with Malaysian DTH and Pay TV co Astro for a TV joint venture in India; that venture was supposed to be UTVs youth focused business Bindass, which was launched earlier this year.
- The number of internet users in India in the ever user or claimed user category has increased by 40 per cent at 46 million in September 2007 as compared to 32.2 million in September 2006.
- Nitin Desai's ND Studio, Anil Ambani’s Reliance Entertainment has sealed yet another 50:50 joint venture — with London-based Great Wheel Corporation (GWC), the IPR holders of iconic viewing and observation structures such as the London Eye and the Singapore Flyer.
- Filmy, the Hindi movie channel from the Sahara stable, has elevated Nilesh Bhanushali to national ad sales head.Bhanushali was regional ad sales head for the western and southern region.
