Star TV Asia splitting into three entities
News Corp has announced that they are now restructuring their television operations in the Asian market.
Star TV Asia is being divided into three different entities:
Star India
Star Greater China
Fox International Channels
Star India would be headed by CEO Uday Shankar. It would manage 19 television channels being broadcast in eight [...]

Daimler Hero Motor to invest $1.1 billion on expansion
Daimler has announced that they along with Hero Group of India would invest around $1.1 billion in the next five years on expansion in the South Asian market.
Daimler Hero Motor is scheduled to start manufacturing trucks by 2010. They would initially sell them in the Indian [...]

United Business Media acquired by Cyber Media
Cyber Media has announced that they have now acquired 100 per cent stake in United Business Media.
The financial aspects of the deal have not been disclosed to the media.
United Business Media would now work as a subsidiary of the company and would continue to provide services to support and [...]