InFocus eyes $1 billion in India revenue by March 2017

US-based technology company InFocus expects mobile handset sales to drive its growth in India and make up about 60-70% of its overall consumer business this year, even as the company prepare to start delivery of its “India assembled” mobile handsets and tablets in the country by September. InFocus has been present in India’s video collaboration


Google will finally start breaking up YouTube and Google+

Long ago, Google required anyone who comments on YouTube to have a Google+ profile. This has made a lot of people very angry and been widely regarded as a bad move. Now, Google is beginning the process of breaking YouTube-as well as many of its other properties-away from your Google+ profile. In a blog post


CVC Capital Partners may quit $400 million deal for Serco’s Indian BPO unit

Private equity giant CVC Capital Partners may walk away from the $400-million acquisition of London-listed Serco Plc’s Indian business process outsourcing unit -formerly called Intelenet -in a rare instance of management hostility foiling a takeover bid. The latest development could swing the deal in favour of former owner and world’s largest private equity manager Blackstone


Dish TV posts Q1 net profit of Rs 54.21 crore

Direct-to-home operator Dish TV India today posted a consolidated net profit of Rs 54.21 crore for first quarter of the fiscal driven by the success of its regional offering Zing and value driven HD channels. The Essel Group firm had posted a consolidated net loss of Rs 14.97 crore for the corresponding quarter last fiscal.