UTV buys majority stake in Indiagames

Its a week full of big news.
One of India’s top media and entertainment companies UTV Software has decided to acquire the controlling stake in Indiagames - the largest gaming company in India and Ignition Entertainment - a console gaming company based in UK.
The proposed acquisition of controlling stake in Indiagames is for Rs 68 [...]

5 million GSM additions in November

GSM subscriber base in the country has crossed the 100-million landmark. 5 million new GSM subscribers were added in November, which is the largest since cellular services began in India in 1995.
India has now become the third-largest GSM market in the world behind China (401.7 million subscribers) and Russia (152.2 million).
During October, India had created [...]