ICICI Venture plans to float Rs 50 crore incubator fund
ICICI Venture is launching a technology incubator fund having a size of Rs 50 crore. The fund will focus on Internet companies and the IT sector.

LG bid lowest for Rs 120 crore rural telephony pilot project
The bids for the first pilot project of setting up 20,000 fixed lines for rural telephony based on Wireless in Local Loop (WLL) technology, were opened by the Department of Telecom (DoT) on July 25.

Zee to launch 24-hr learning channel on August 15
The Subhash Chandra-controlled Zee TV will launch a round-the-clock education channel, Zed TV, on August 15. `A learning channel by Indians for all Indians', Zed TV would beam programmes that will supplement the business of the Zee subsidiary.


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