Sify to make final payment of $75m for IndiaWorld deal on June 30
Satyam Infoway Ltd (Sify) will pay $75 million to Rajesh Jain on June 30 as a part of the all-cash deal to acquire IndiaWorld portals. This is despite the poor revenue returns from the portal business.

Venkat Subbarao to head CA's operations in South Asia
As part of a major organisational restructuring, Computer Associates (CA) International Inc has moved CA India's managing director Venkat Subbarao to Singapore.

Former Disney studio chief unveils media company
Joe Roth, former chairman of Walt Disney Studios, on Tuesday unveiled his long-awaited plans for a new movie and Internet company, Revolution Studios, backed by $3 billion from Fox Entertainment, Sony Pictures and TV content provider Starz Encore Group.


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