Media firms scramble to rewrite expansion script
It feels like Nightmare on Elm Street. Early this year, a rash of media companies announced their intention to go public to raise pots of money for investments in expansion plans.

Puja opts for private placement
Puja Entertainment, promoted by Hindi film producer Vashu Bhagnani, is examining the possibility of a private placement. This is in addition to the company's IPO plans. Mr Bhagnani had earlier spoken to eFE on his company's intention of going public.

Syntel talks Turkey with $1.2m project
Syntel, a global e-business and applications outsourcing firm, has bagged a $1.2 million project from Turkey-based Boursan Holding A.S, a conglomerate of companies engaged in steel and pipe manufacturing, automobile distribution, logistics, telecommunications, Internet and other businesses.

DD Sports to brand monthly packages
This month is going to be ``April Mania'' and the next month ``May Heat'' for Doordarshan (DD), which has decided to brand monthly sports packages with peppy names to make the events more marketable to advertisers.

Ambit to catalyse $8m equity deal
Ambit Corporate Finance Pvt Ltd is all set to play an advisory role and facilitate a $6-8 million private equity deal for a South-based R&D company, two Internet acquisition deals and two mergers in the Internet space, according to the company's vice-president Kiranbir Nag.

BSES Telecom to upgrade data centreto Web farm
BSES Telecom Ltd, the wholly-owned telecom subsidiary of the power major BSES Limited, is upgrading its basic data centre to a full-fledged Internet Web farm of international standards.


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