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Valuation of FutureBazaar.com + Komli + MapMyIndia Funding

Future Bazaar is an Internet Venture of Pantaloon Retail India Ltd. Recently, Sherpalo Ventures and Kleiner Perkins picked up 15% stake in the company for an undisclosed sum putting the valuations in question. We are in receipt of a report by Morgan Stanley[MS] from which we deduce the value of…

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BSNL DataOne launches Unlimited Plans

We have just a while ago received an e-mail from BSNL which has launched new Unlimited Data Transfer Broadband Plans. These plans offer a steep discount to that of its nearest competitor – Airtel Broadband. Home Plan UL 750 – Bandwidth upto 256Kbps with Unlimited Data Transfer. Charges are Rs…

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Airtel breaks barrier – Wins largest deal

Bharti Airtel which features – Talk to breaking barriers in its Advertisement has clinched a historic and probably the largest ever subscription deal by any mobile service provider in India. Airtel has bagged an order for 100,000 connections from Indian Railways. This deal is for the closed user group [CUG]…

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Nokia Siemens + BSNL linking Villages

Nokia Siemens Network [NSN] which bagged BSNL’s tender to broadband enable 7,000 villages has received an additional order to connect 25,000 villages. Apart from the rural broadband push, NSN is already working for BSNL in all the 20 circles to increase urban broadband penetration. BSNL control approximately 50% of India’s…

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Tata+Virgin Deal + DTH Fees + 3G Slots

Putting to rest all controversy over the Tata Teleservices-Virgin alliance, the department of telecom (DoT) on Friday gave it a clean chit after receiving answers to its queries on whether the tie-up was above board. The DoT said Virgin Mobile India, the company formed under the tie-up, was not operating…

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Virgin Pays for Incoming Calls – Youths go Virgin!!!

It was in 2003 when incoming calls became free with the launch of Reliance Infocomm. In 2008, with the launch of Virgin Mobile in India, incoming calls are not just FREE but you get paid to receive the same 🙂 Virgin Mobile India became the first company to pay Rs…

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Indian Banks under Attack – Where is the Defence ?

Attack on Indian banks is nothing new as not all are bothered to secure their customers. In August-2007, Bank of India’s security was compromised and look how they and the cybercrime authorities reacted to the complaints. In a report released by Syamntec, phishing attacks on Indian banks has risen by…

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Vodafone ordered to refund unsolicited VAS charges

It is not uncommon to see Value Added Services [VAS] charges on your post-paid mobile bill or see your friend complain lot of times that Rs 30 got deducted from his pre-paid currency. All these are unsolicited acts of mobile service providers and Vodafone is the first victim. TRAI has…

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