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UTV Software to invest $75 million in gaming business
Mumbai: UTV Software Communications is planning to invest close to $ 75 million in its gaming business.The company plans to enter into a MoU and conduct due diligence to acquire a 51 per cent stake in one of the top tier mobile content aggregator in the US through its subsidiary Indiagames. UTV will also fund this acquisition by subscribing fresh shares of Indiagames.Furthermore, UTV will also be investing in a start up online gaming venture in the US and set up online creation of content and publishing platform.The company will up its stake in its gaming subsidiary Ignition Entertainment from 70 per cent to around 95 per cent. Plans are also afoot to invest into the working capital of Ignition for its console games that are being developed at its facilities in London, Florida and Tokyo. . more
New Finch 'Kanters' away from the past
As of July 14, a new ownership structure and focus has rebranded the Old City firm as Finch Brands, specializing in "business & brand evolution."
"It's a very exciting time around here," said President and CEO Daniel Erlbaum, a partner in the firm since 2003.
. moreCapLease to Report Second Quarter 2008 Earnings on August 6, 2008
NEW YORK, Jul 28, 2008 (BUSINESS WIRE) ----CapLease, Inc. (NYSE: LSE), a real estate investment trust (REIT) focused on single-tenant commercial real estate investments, today announced that it will host a conference call on Wednesday, August 6, 2008 at 11:00 A.M. Eastern time to discuss its financial results for the second quarter of 2008. Hosting the call will be Mr. Paul H. McDowell, Chairman and Chief Executive Officer, and Mr. Shawn P. Seale, Senior Vice President and Chief Financial Officer. A press release with financial results for the second quarter of 2008 will be issued before the market opens on Wednesday, August 6, 2008.
The conference call will be webcast live over the Internet from the Company's Web site at www.caplease.com under the Investor Relations section. more
High-speed broadband vital for low carbon future: Expert
It is clear that Australian businesses and their staff are increasingly seeing the tangible benefits of telecommuting to their hip pocket, productivity and lifestyle.
In the July 2007 Sensis Business Index, 22 per cent of businesses surveyed reported that they, or their employees, teleworked and that it was having an overwhelmingly positive impact on their business. Business owners cited improved flexibility for their employees, the ability to access information from anywhere, time saving and improved productivity as the top positive impacts of teleworking.
And numbers look set to grow, as a just released CNET survey of 1000 businesses, published in today's Daily Telegraph, found 57 per cent say they are giving their staff mobile communications tools so they could work from home. more
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