INDIAN MEDIA SEEN CROSS Rs 1 TRILLION BY 2013

India’s media and entertainment industry is expected to touch Rs 1,05,000 crore by 2013 driven by increasing media penetration reaching out to more among the country’s huge population

Livemint

Entertainment, media record 17% growth in 2007

The entertainment & media (E&M) industry has recorded a growth of 17% in 2007 to cross the Rs 50,000-crore-plus mark, according to a report. The E&M industry has reached an estimated Rs 51,300 crore in 2007, up from Rs 43,800 crore in 2006, according to a Ficci PricewaterhouseCoopers 2008 report on Indian entertainment and media industry for 2007.

The Financial Express
http://www.financialexpress.com/news/
Entertainment-media-record-17-growth-in-2007/285173/

Google winner as Microsoft, Yahoo face off

Neither Microsoft Corp nor Yahoo Inc wants to blink first in the software giant's proposed $41.7 billion takeover of the Web pioneer but as the gamesmanship drags on, archrival Google Inc, the merger's raison d'etre, is the biggest beneficiary.

The Financial Express
http://www.financialexpress.com/news/
Google-winner-as-Microsoft-Yahoo-face-off/
277654/