Yahoo invests in INMAC
US based internet media giant Yahoo has acquired a 30 per cent stake in Chennai based tele-information service provider Info Network Management Company.
The value of the deal has not been revealed to the media.
The two companies said that Yahoo would now get a representation in INMAC’s board.
INMAC is most popularly [...]

BlueO: PVR to now set up entertainment centers
PVR has said that they are now going to establish entertainment centers with gaming zones and bowling alleys.
They are aiming to set up 12 such centers by 2012.
these would be established in shopping malls. PVR has revealed that these would be branded BlueO.
They are collaborating [...]

India gets an IBM cloud computing center
US based technology giant IBM has announced the launch of cloud computing centre in India.
This center is being established in the IT city of Bangalore.
The company said that this unit would provide access to expertise and infrastructures for clients to design and deploy applications.
IBM India software lab vice-president [...]

Kingfisher Airlines makes its international debut
Kingfisher Airlines has become the latest Indian airline company to fly internationally.
The company made its international debut on Wednesday with a direct flight to London.
It was launched from the Bangalore airport. A company representative said: “The non-stop flight departed at 09:20, 40 minutes behind schedule due to inaugural ceremony [...]

Company Buys 51 Percent of the Godrej Integrated Poultry Business
The leadership of Tyson Foods, Inc. (NYSE:TSN) is taking another step in the effort to expand the company’s international presence. Tyson officials today announced they have acquired majority ownership of one of the leading poultry processing businesses in India.
Tyson today purchased 51% ownership of Godrej [...]

Fitness First comes to India
Global fitness chain Fitness First has entered the Indian market with the first center located in the city of Gurgaon.
They are now scheduled to open their second club in Delhi later this month.
Mumbai and Bangalore are also scheduled to get their own Fitness First clubs.
Vikram Aditya Bhatia, managing director of Fitness [...]

MobileStore now selling stuff online
Essar Group’s mobile retail chain MobileStore has now announced the launch of its online sales operations.
The company is currently providing this service in 11 cities across the country.
They aim to expand it to other parts of the country in the coming months.
They are for now targeting customers in major cities including [...]

VMware to expand presence in India

Virtualization solutions provider VMware has said that they are now going to expand their presence in India.
The company would hire more workers and their Bangalore unit would house more than 1000 employees in the coming years.
VMware plans to hire 200 or so other sales and support employees.

Yahoo India sack 45 staffers in Bangalore

The cost cutting efforts taken by internet media giant Yahoo is showing its effect in the Indian market as well.
The company has now fired around 45 workers from their Indian operations located in Bangalore.
Yahoo! India has not given any statement on these firings though these are said to [...]

Google India now has second largest employee base for Google
Google has been expanding their presence in the Indian market and now they have their second largest employee base here in this country.
The company has established bases in several cities in India including Gurgaon, Bangalore, Mumbai and Hyderabad.
Google further admits that India has also emerged [...]