TECHNOLOGY

Picasso Studios` Bal Bheem to hit screens by `09 end

Picasso Studios, a company established by Picasso Digital Media a year ago to develop original content for the global markets, plans to have the worldwide theatrical release of its maiden 3D animation movie Bal Bheem during the last quarter of 2009.

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ZEEL net profit up 98%

Riding high on its growing advertising revenue due to higher ratings of its television shows, Subhash Chandra promoted Zee Entertainment Enterprises (ZEEL) has posted a 98 per cent jump in its net profit for the quarter ending June 30, 2008 to Rs 161 crore versus Rs 81 crore posted in the same period, last year.

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Yahoo’s Yang faces sagging profit after Icahn row

Yahoo! Inc Chief Executive Officer Jerry Yang will have to revive the Internet company’s profit with a divided board and Carl Icahn as minority leader.

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Subir Roy: The software saga should continue

Nine years ago McKinsey, on behalf of Nasscom, projected that India’s software and services exports would touch $50 billion by 2008.

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MTN may target other Indian telcos, media reports

Speculations are rife in the local media about MTN’s next move after the failure of talks with two Indian entities Reliance Communications (RCom) and Bharti Airtel for a possible merger, with some saying that the South African telecom major might now target other telecom operators from India.

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Tough call for iPhone in India

Nokia, Motorola, Sony to take on Apple in Sept.??Global mobile phone majors Nokia, Motorola, Sony Ericsson and others are offering a slew of products including touchscreen and music capable handsets in India to counter the might of Apple’s iPhone, which is expected to hit the markets in September.

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`Kismet Konnection` opens to Rs 27 cr worldwide collection

Shahid Kapur and Vidya Balan starer Kismet Konnection has opened to a worldwide gross box office collection of more than Rs 27 crore in the opening week.

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Icahn, two others to join Yahoo board

Two-month-old proxy battle against CEO Jerry Yang ends.??Yahoo Inc reached a compromise with billionaire activist Carl Icahn, agreeing to give him three board seats to settle a fight for control of the Internet company.

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Yash Tech opens centre in Bangalore

Yash Technologies, an IT consulting and services firm based out of Illinois (US), has opened a development facility in Bangalore.

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Shilpa Shetty to host Bigg Boss-II

Actor Shilpa Shetty will anchor the second season of reality show Bigg Boss, the Indian version of Big Brother, which is all set to hit the small screen soon. However, the twist in the tale is that it

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