B4U defaults on Rs 13-crore dues payment to Mukta Arts
B4U Group, which has Mr Bharat Shah as one of the promoters, has defaulted on payment of around Rs 13 crore to Mukta Arts towards satellite rights for all of Subhash Ghai's movies.

Cisco Systems to invest in software start-ups through venture fund
Cisco would be looking at investments in Indian startup software companies in the area of network and Internet software.

Prasar Bharati lands telecast rights for Australian Open
Prasar Bharati has bought the telecast rights for the premier tennis tournament, Australian Open, being held in Melbourne.


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