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Posts Tagged ‘ UTV ’

Exclusive: Accel-backed Trivone trims Bangalore operations, lays off staff

Wednesday, August 24, 2016 | More »

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Bangalore-based digital media and content services company Trivone Digital Services Pvt. Ltd has enacted another round of layoffs, the third since it raised Series A funding from Accel Partners, which would effectively halve the size of its Bangalore operations. Trivone management, on Tuesday, infor...

Employment Portal StaffOnContract Raises Angel Funding

One-year-old employment portal StaffOnContract.com, run by Joule Consulting Pvt Ltd, has raised angel funding of Rs 50 lakh from Indiagames founder and CEO Vishal Gondal. Post-funding, Gondal will join the board of advisors. Started in January 2011, the portal brings together employers and staffing ...

26 March, 2012 | More »

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Prior To Delisting Disney Controlled UTV Sinks Into Big Loss In Q3; TV, Movies & Games Biz All In Red

UTV Software has reported a sharp deterioration of its bottom-line for the quarter ended December 31, 2011 with all its three business segments television, movies and games & interactive business reporting segment losses. In the previous quarter ended September 30, 2011 only the television had r...

14 February, 2012 | More »

UTV Set To Buy Adobe’s 6.29% In Indiagames; Disney Makes Delisting Offer For UTV

Mumbai-based UTV Software Communications Ltd, has struck a deal to buy out Adobe Systems Incorporated’s 6.29 per cent stake in Indiagames Ltd, the country’s largest digital gaming company. Although the deal value stands undisclosed, the agreement for sale has already been inked. If the recent de...

28 December, 2011 | More »

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Disney-Indiagames Deal- A New Benchmark In The Indian Gaming Industry

It may appear puny sized compared to transactions across other industries, but with Disney-backed UTV Software acquiring further 30 per cent in the country’s largest digital gaming firm Indiagames, it is one of the biggest deals in the business. Techcircle.in takes an in-depth look at the deal in ...

11 October, 2011 | More »

UTV Interactive Partners Izea To Rollout Sponsored Tweets In India

UTV Interactive, the digital arm of media and entertainment group UTV, has partnered with IZEA Holdings, Inc., a US-based social media marketing firm to launch SponsoredTweets.com, a website that is endorsed by few Hollywood stars and international tweeters in India. SponsoredTweets is a Twitter adv...

5 September, 2011 | More »

Walt Disney Plans To Delist UTV Software; Deal May Cost $500M

The Walt Disney Company has announced a delisting offer for its India unit UTV Software Communications Ltd, looking to take the media & entertainment firm private, which might cost between Rs 2,100-Rs 2,150 crore ($482 million). The Walt Disney Company (Southeast Asia) Pte Ltd, which currently h...

27 July, 2011 | More »

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Create Innovative Games, Not The 150th Farm Game: Vishal Gondal, CEO, IndiaGames

Vishal Gondal is the head of media and entertainment group UTV’s gaming subsidiary IndiaGames, which is also one of India’s largest game developers. IndiaGames posted a net profit of Rs 2.47 crore in the fiscal year ended March, 2011, on the back of high traction in mobile gaming and online sub...

25 July, 2011 | More »

Indiagames Posts Rs 2.47Cr Net Profit; Revenues Up 37%

Indiagames Ltd, the triple play (PC, mobile, DTH) gaming subsidiary of media and entertainment group UTV, has reported a financial turnaround, posting a net profit of Rs 2.47 crore in the fiscal year ended March 2011 against net loss of Rs 3.49 crore in the previous fiscal. The company experienced h...

18 July, 2011 | More »

UTV Registers Net Profit Of Rs 137.57Cr For FY11; Revenues Up 38.9%

Media and entertainment house UTV Software Communications Ltd has more than doubled its consolidated net profit to Rs 137.57 crore for the fiscal year ended March 31, 2011. In FY10, the company reported a consolidated net profit of Rs 50.17 crore over a consolidated income of Rs 681.2 crore. Consoli...

31 May, 2011 | More »