Mobile Internet company S Mobility Ltd (formerly known as Spice Mobility Ltd), which swung into losses in the quarter ended December 31, 2011, saw pressure on bottom line and experienced lower demand in the fourth quarter. Total revenues declined 10.4 per cent over Q3 to Rs 553.3 crore and net lo Continue...

HomeShop18 powers revenue growth of Network18 Media & Investment’s ‘digital content and ecommerce’ business unit in the fourth quarter of 2011-12 even as the new media business continues to be awashed in the red. The company’s digital content and ecommerce business reported 38.2 per cent Continue...

Info Edge (India) Ltd, the largest consumer Internet firm in India by market value which runs sites such as Naukri.com and 99acres.com, accelerated its revenue and profit growth during the fourth quarter both sequentially and over last year, showing better demand for digital business in the country Continue...

Serial entrepreneur Ashok Soota’s one year old IT services venture Happiest Minds Technologies has brought in around half a dozen individuals including two members who are part of its investor group to form an advisory board. These include three expats Rod Hefford, Mittu Sridhara and David Webb.  Continue...

India added 1.2 lakh new broadband subscribers in the month of February (same number added in January but less than the average of 1.6 lakh in previous two months) to take the total user base of high speed Internet to 13.54 million, according to the latest report released by telecom regulator. Accor Continue...

Techcircle.in turned one year last month (yay, we rock!) and we celebrated our first anniversary by throwing a party which was attended by over 200 entrepreneurs and investors. We also took the opportunity to bring out our first list of the top 20 tech startups in India- the Techcircle Fastrackers.  Continue...

Techcircle.in turned one year last month (yay, we rock!) and we celebrated our first anniversary by throwing a party which was attended by over 200 entrepreneurs and investors. We also took the opportunity to bring out our first list of the top 20 tech startups in India- the Techcircle Fastrackers.  Continue...

Networkplay today announced that Gruner + Jahr, the publishing division of European media conglomerate Bertelsmann AG, has acquired a majority stake in the company for an undisclosed sum. Networkplay is one of India’s fastest growing digital ad networks with a leading presence on the Internet, mo Continue...

Growth has accelerated again in the telecom business, with net additions to total GSM subscriber base recording an eight month high at 8.7 million in February as compared to an average of around 6.5-7 million new users in the previous six months, according to data released by industry body COAI. The Continue...

The clause in the Union Budget 2012, which proposes to tax angel investments, has been termed by more than a dozen industry watchers as “a death blow” which has the “potential to kill entrepreneurial-startup ecosystem” in India. The decision has already created trepidation among entrepreneur Continue...