Radio ga-ga -- UK NRI to invest Rs 500 crore in radio infrastructure
United Kingdom-based Sunrise Radio chairman Avtar Lit plans to invest up to Rs 500 crore for offering studio and transmission facilities to private radio stations. Plans are also afoot to make a foray into television broadcasting in 2001 with a bouquet of national and regional channels.

Oracle India to expand software operations
Oracle Corporation has decided to undertake a large-scale expansion of its software development activity in India and plans to set up another development center in Bangalore this year.

It's official -- Aptech to go for $100m ADR
Aptech Ltd, the global software training and services company, has decided to raise about $100 million through an issue of American Depository Receipts. The company plans to offload close to 10% equity for this purpose.

ORG-Gfk to update retail audit panel
In an effort to update its panel of dealers, market audit major ORG-Gfk is planning to reach out to the large retailers of consumer electronics and household appliances in Mumbai and Delhi.

Murdoch makes News -- Star TV plans second base in Karnataka
Media monarch Rupert Murdoch is looking at Bangalore, as one of the key destinations for investments in India for Star TV and other software ventures.

Keen contest? C2W.com puts 10 per cent on the block
India's first site to host contests and games for leading brands, Contests2Win.com (C2W.com), is embarking on its second round of venture funding.


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  Marketplace
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  Sage Inc draws up massive expansion plans for India
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