VC exit norms relaxed
Union Minister of Finance, Mr Yashwant Sinha on Thursday announced an easing of exit norms for venture capital funds, which had been imposed a few weeks ago.

Exatt to invest $25 m in becoming an `FSP'
The buzzwords for the convergence age - broadband and more broadband. Bangalore-based broadband and bandwidth player Exatt Communications Pvt Ltd is all set to go onstream with its full-fledged data centers in seven key Indian cities and one in the US.

Peak XV Networks to set up $4 m facility in B'lore
Bangalore-based Peak XV Networks Pvt Ltd, a wholly owned subsidiary of US-based Peak XV Networks Inc, has plans to invest $4 million in a state-of-the-art infrastructure facility in Electronic City.


  BBC scouts for partners for vernacular portal, FM radio services
  Spice Cell bags Nepal cell service licence
  New Skies, Sify in pact for satellite-based Net backbone
  DSS Mobile, former Oracle India chief float software JV
  Bhalerao's strategic ramp up for Concio
  ICICI Venture pumps $1.5 million into EasyBuyMusic
  McKinsey executive urges dotcoms to shed `get rich quick' mentality
  Kerala VC fund facing rough weather
  Content is the key in convergence, say media experts
  e-Briefing
  News bytes
  Kshema sets aside Rs 30 crore for expansion
  Access, bandwidth, cost to govern IT penetration
  Slowdown in USIT spending willnot have majorimpact -- Nasscom
  Myneton sets up wholly owned unit in Bangalore
  `Bridge the chasm betweenNet-speed & snail-pace cultures'
  `Always check motivation levels before jumping into a venture'
  `Need to productively think about creating innovation centres'
  Micro bytes