The Chandigarh-based Compact Disc India (CDI), an integrated media and entertainment company, said it will invest $63 million (Rs 309 crore) for animation feature film and multi platform gaming.
The board of directors has approved the budget of $63 million.
Satyam Computers' controversial decision to buy two group-promoted companies and then reversing the deal within a few hours under pressure from investors may have put them in a soup as the government is understood to have ordered a probe to look into whether the company violated any corporate governance laws while entering into such a deal involving shareholders money.
The global search engine and news portal, Yahoo Inc acquired 30% stakes in Info Network Management Company (INMAC). INMAC is a Chennai-based tele-information service provider known for phone directory search service 'Call Ezee', which is available across 14 cites in India. It is 24x7 tele-information provider that handles about 10,000 calls per day and provides 24-hour helpline for medical emergencies.
Tokyo - Japanese electronics giant Panasonic Corp and its smaller competitor Sanyo Electric Co have announced their agreement to a business alliance Friday, sealing Sanyo's takeover.
Panasonic will take control of about 70.5 per cent of Sanyo's shares after US investment bank Goldman Sachs, which is one of Sanyo's major shareholders together with two Japanese investment firms, agreed to the deal on Thursday.
Sanyo's management threw its support last month behind the takeover, which would create one of the world's largest consumer electronics companies.
A week long science conclave, organized by the ministry of human resource development (MHRD) and the department of science and technology (DST) at the Indian Institute of Information Technology, Allahabad (IIIT-A), will see participation of twelve Nobel Laureates from across the world.
ZTE USA, Inc., a division of ZTE Corporation, a top global telecommunications equipment and network solutions provider, declared that Smart PCS, an unlimited no contract pre-paid carrier, picked ZTE USA as the key CDMA infrastructure and device vendor partner to support its primary service launch.
The Chandigarh-based Compact Disc India (CDI), an integrated media and entertainment company, said it will invest $63 million (Rs 309 crore) for animation feature film and multi platform gaming.
Satyam Computers' controversial decision to buy two group-promoted companies and then reversing the deal within a few hours under pressure from investors may have put them in a soup as the government is understood to have ordered a probe to look into whether the company violated any corporate governance laws while entering into such a deal involving shareholders money. 
The global search engine and news portal, Yahoo Inc acquired 30% stakes in Info Network Management Company (INMAC). INMAC is a Chennai-based tele-information service provider known for phone directory search service 'Call Ezee', which is available across 14 cites in India. It is 24x7 tele-information provider that handles about 10,000 calls per day and provides 24-hour helpline for medical emergencies. 
Tokyo - Japanese electronics giant Panasonic Corp and its smaller competitor Sanyo Electric Co have announced their agreement to a business alliance Friday, sealing Sanyo's takeover.
ZTE USA, Inc., a division of ZTE Corporation, a top global telecommunications equipment and network solutions provider, declared that Smart PCS, an unlimited no contract pre-paid carrier, picked ZTE USA as the key CDMA infrastructure and device vendor partner to support its primary service launch. 
