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Tata is planning significant investments across sectors in Africa with $768 million earmarked for new projects in Auto, Hospitality, Hotels, and IT sectors.
Tata is planning significant investments across sectors in Africa with $768 million earmarked for new projects in Auto, Hospitality, Hotels, and IT sectors.
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Walt-Disney has reached a deal to more than double its stake in Indian TV and movie content maker UTV, the two firms said, underscoring the U.S. entertainment firm's efforts to expand globally.
Disney will raise its holding in UTV Software Communication to 32.1 percent, the same level as UTV's founders, from 14.9 percent, by acquiring 9.35 million shares for 8.05 billion rupees ($203 million), at 860.79 rupees a share.
"This investment further underlines our commitment to international growth," Walt Disney International Chairman Andy Bird told reporters.
India has the world's third-largest cable TV market, which is forecast to become Asia's most lucrative pay TV market by 2015.
Via Reuters
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Labels: business, business india, desi brands, desi-entertainment, india
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Labels: desi, desi brands, desi-buzz, desi-entertainment, music

Billboard advertising Reliance Power, at the Bombay Stock Exchange in Mumbai. Reliance Power, which last month made India's largest-ever IPO, fell more than 17% on debut, becoming the latest casualty of market turmoil worldwide.
> Reuters Pictures
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11:53 AM
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Labels: business, business india, desi brands, life, mumbai, reliance+power
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Labels: about desi, desi, desi brands, desi-buzz, desi-entertainment
NDTV-Imagine is a Hindi entertainment-channel by news-major NDTV-Group, led by former STAR-India CEO Sameer-Nair. The channel, which launches in India on January 21, 2008, promises to entertain viewers with its creative-content.
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Labels: desi, desi brands, desi tv, desi-entertainment, india, lifestyle

Visitors look on at the Tata-Nano at the 9th Auto-Expo in New Delhi, Jan 11, 2008. India's Tata Motors has unveiled its much anticipated US$2,500 car, an ultra-cheap price tag that brings car ownership into the reach millions of people.
> AP Images
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Tata Motors today took the covers off the world’s cheapest car — Nano.
Speaking at the unveiling at the 9th Auto-Expo in New Delhi, Ratan Tata, Chairman of the Tata Group, said, "I observed families riding on two-wheelers – the father driving the scooter, his young kid standing in front of him, his wife seated behind him holding a little baby. It led me to wonder whether one could conceive a safe, affordable, all-weather form of transport for such a family."
The base price for the Nano will be 120,000 rupees, including road tax and delivery. Higher level models will cost more and come with air-conditioning.
Via NYT
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An Indian model poses with the Maruti-Suzuki concept car at the ninth Auto-Expo in New Delhi, 09 January 2008.
India's giant Tata-Group was set to unveil the world's cheapest car that analysts say could revolutionise automobile prices worldwide.
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Labels: auto, desi, desi brands, desi business, india, maruti, new-delhi
Grameenphone Ltd. and Research In Motion (RIM) today announced the launch of the BlackBerry® wireless solution in Bangladesh.
Anders Jensen, CEO at Grameenphone said: “The BlackBerry platform is the gold standard in mobility for business users around the world. We are proud to be the first mobile operator launching the BlackBerry platform in Bangladesh.”
About Grameenphone & Business Solutions
Grameenphone Ltd. is the largest telecommunications service provider in Bangladesh with more than 16.5 million subscribers as of December 2007. It has an EDGE/GPRS enabled nationwide network covering 98% of the population.
Via WebWire
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Labels: bangladesh, deshi, desi brands, desi mobile, grameenphone
Ford has selected Tata as the preferred-bidder for Jaguar and Land-Rover, putting India's largest truckmaker in a position to take over the two British iconic-brands.
Buying Jaguar and Land Rover, which date back to Britain's colonial era, would give Mumbai-based Tata a presence outside Asia.
Tata's bid reflects a "new-guard" in automaking, said David Cole, chairman of the Center for Automotive Research in Ann Arbor, Michigan.
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Labels: auto, business india, desi brands, desi business, india, tata
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