Walden Intl raises $1-billion fund
Walden International, a leading global venture capital firm, has announced the closing of its most recent fund Pacven Walden Ventures V. This will incorporate parallel funds which will operate under a single entity Pacven V.

Intel sells 15% stake in Bharti Telespatiale to Bharti Enterprises
Intel Corporation has sold its 15 per cent stake in Bharti Telespatiale the holding company for Bharti-BT Internet, which operates Internet services under the brand name Mantraonline to Bharti Enterprises.

DTH to cost Star $350-400 million
Star TV has put the preliminary estimation of its direct-to-home (DTH) project cost at $350-400 million. A business plan will be finalised after it receives clarifications on several issues from the government.


  Bharati offers host of special bargain packages
  The Net can rid the markets of fraud, malpractice
  Venture investment down for longest stretch since 1987
  Ramco Systems in pact with Nortel Networks
  Tata Infotech Education to focus on industry-specific module
  Unisphere Networks makes India foray
  `EuropeStar to launch second satellite in two years'
  Alcatel plans to trim about 1,100 jobs in US
  BridgeNews scouting for bidder
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