Multi Screen Media (MSM) and Red Chillies Entertainment inked a pact today to explore opportunities in co-produced- television, digital and film content.
MSM also acquired the TV broadcast rights of Shah Rukh Khan, Kajol and Varun Dhawan starrer 'Dilwale'.
Multi Screen Media CEO NP Singh said, "As a network, our focus remains aligned to becoming the first choice in television and digital entertainment. Towards that end, this alliance of MSM and Red Chillies is expansive and pans a spectrum of co-produced content not only across television and digital but also films."
* * * * *
ex-Googler Lalitesh Katragadda invests in BetterPlace * Background verification firm BetterPlace today said former Google executive Lalitesh Katragadda has invested in the company.
He has also joined the Bengaluru-based firm as its Executive Board member.
Financial details of the transaction were not disclosed.
Widely credited to be the man behind Google Mapmaker, Katragadda was previously associated with Google for over 10 years.
The IIT-Bombay alumnus is currently serving as an advisor to the Central and Andhra Pradesh governments on several projects.
* * * * *
Exotel offers cheap-rate plans for non-profits * Exotel, a cloud telephony company, today launched Exotel.Org, a portal where non-profits and social enterprises can access the company's telephony solutions at lower rates than commercial outfits.
"We are very excited to provide our simplified solutions to enable non-profits and social enterprises to operate at their full potential by reaching more people, at a relatively low cost subscription-based deployment model," Exotel co-founder and CEO Shivakumar Ganesan in a statement.
* * * * *
Upgrad to launch first course in entrepreneurship next week * UTV group founder and entrepreneur Ronnie Screwvala's online education venture UpGrad aimed at young working professionals will launch its first course in entrepreneurship next week.
The course has enlisted over 30 top Indian entrepreneurs as lecturers including Snapdeal's Kunal Bahl, Grofer's Albinder Dhinsa, among others as live case-studies, the company said.
Hartek Power commissions 40 MW substation in Morena
* Chandigarh-based Engineering firm Hartek Power Pvt Ltd has successfully commissioned a 40-MW substation project near Banmore in Morena district of Madhya Pradesh.
"The project, executed for Amba Shakti Group at a cost of around Rs 7 crore, involved complete design, supply, installation, testing and commissioning of a 132 KV bay government substation and a 132/11 KV pooling station with two 20 MVA transformers," the company said in a release.
*****
mCarbon expands to MEA with aim to clock Rs 66 cr biz in 2 yrs * Mobile technology firm mCarbon, today announced expansion of its business in Middle East and African market where it aims to clock a revenue of Rs 66 crore in two years.
The company also said that that it has roped in Mahindra Comviva's former Senior VP for Middle East and North Africa region Sabri Amireh to head its business.
Sabri has extensive experience of over 25 years in the telecom industry wherein he covered diverse senior management responsibilities in business development and sales.
Flipkart launches Trendstalk's Autumn-Winter 2016-17 edition * Flipkart today announced the launch of Trendstalk's Autumn-Winter 2016-17 edition in collaboration with fashion analytics firm WGSN and NIFT.
With an aim to empower local sellers create and sell products at par with global brands, Trendstalk, in partnership with WGSN and National Institute of Fashion Technology (NIFT), will offer local sellers global fashion trends and forecast.
"Over 50 sellers have adopted this platform and have created 2,000 styles which are available on Flipkart. The latest edition of Trendstalk in partnership with WGSN and NIFT will enable them to create a niche for themselves in the cluttered market," Flipkart Vice President for Fashion Rishi Vasudev said in a statement.
*************
Indiabulls Housing Finance to raise Rs 135 cr via NCDs * Indiabulls Housing Finance today said it proposes to raise Rs 135 crore through issuance of non-convertible debentures (NCDs) on a private placement basis.
The company proposes to issue 1,350 secured non- convertible
Redeemable debentures with a face value of Rs 10 lakh each aggregating to Rs 135 crore on a private placement basis,
Indiabulls Housing Finance said in a BSE filing.
FGILI launches 'Cancer Protect' insurance plan
* Future Generali India Life Insurance Company (FGILI), a joint venture between Future Group and Assicurazioni Generali, a global insurance group, today said it has launched 'Cancer Protect Plan'.
The plan provides complete financial security for all stages of cancer (minor or major). It covers the customer upto 80 years of age and covers minor lives too.
"The Future Generali Cancer Protect Plan takes complexity out of buying the product and aims to help our customers secure themselves and their families financially through a simple process, with no medical examinations at a highly affordable cost," Future Generali Life Insurance managing director and chief executive Munish Sharda said.
* * * * * *
Tata Teleservices Launches MDM in Indian Market * Tata Teleservices (TTL) today launched mobile device management (MDM) technology in the Indian market which it claims will secure access to official data and emails over mobile devices.
"Most organisations have made sizeable investments in terms of securing access to company information through laptops and PCs and are exploring ways to secure data and applications on the mobile phones and tablets.," TTL President - Enterprise Business, Prateek Pashine said in a statement.
MDM ensures a secure access to official data and emails over mobile devices, easy data recovery in case of theft or lost device scenarios, management of tablets and smart phone devices across multiple Operating Systems (OS), the statement said.
BigRock offers cloud service at Rs 499 per month
*IT company Endurance today said its website service provider BigRock will offer cloud computing service for businesses at starting price of Rs 499 per month.
"We are excited to introduce Cloud for Business to help customers implement substantial capital savings with zero in-house server storage and application requirements," Endurance India MD Shashank Mehrotra said in a statement.
Customers also get a free domain name across a choice of extensions including .Com, .Net, .Biz and .Org with every Cloud for Business package, the statement said.
"Each Cloud for Business plan includes over 80 one-click installation apps that can be used to build everything from websites, to blogs and forums. Cloud for Business is currently available on BigRock starting at Rs 499 per month," it added.
