Want overseas listing? Make losses first
`Make losses, allow them to mount and then go list on either the Nasdaq or NYSE.' That seems to be the advice being given out to Indian companies itching to tap global bourses.

Intel acquires Thinkit in an all-cash deal
Intel Corporation on Thursday announced acquisition of privately-held Thinkit Technologies Inc in an all-cash transaction. As part of the agreement, Intel India will take over operations of Thinkit's Bangalore-based wholly-owned subsidiary Software & Silicon Systems.

AXN plans to focus action on India
Action TV (AXN), a Sony Pictures Entertainment company is heeding to market research reports for greater viewership. As part of these studies, it is developing more India exclusive programmes depending on customer preference.


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