SMS Sadhana

Indian Express reports that Sadhana TV is offering instant access to 40 gurus for blessings / advice by SMS. The channel’s managing director Rakesh Gupta claims that they already receive 20,000 SMSes per day on their shortcode 7333!
What is not clear in all of this is that how does Sadhana route the SMS to the [...]

Cisco and Macromedia invests in Indiagames

Business 2.0 reports that ones of India’s largest mobile content / games developer Indiagames has roped in Cisco and Macromedia as investors. This comes after China’s TOM Online acquired a 80% stake in the company in December last year.
Cisco’s share should amount to roughly 10 percent for $2.2 million, while Macromedia’s will come out to [...]

Reliance Infocomm turns profitable

The company has posted a net profit after tax of Rs 51 crore against loss of Rs 390 crore for the corresponding previous year.
They had surprised everyone by early break-even claims, but by turning profitable in two years of their launch, they have put an end to all skepticism.
Source: CyberMedia News