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(Couldn't get a high resolution one..)
I don't want to be a product of environment. I want the environment to be a product of me.
Posted by
Bonchi Buji
at
5:25 PM
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Labels: Malayalam movies, Plagiarism
Mixx it!
A declaration - This has nothing to do with homosexuality. I am talking about 'pink slips'.
Posted by
Bonchi Buji
at
8:12 PM
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Mixx it!
Posted by
Bonchi Buji
at
2:42 PM
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Labels: Acquisitions, Google, Startups, Web 2.0, Zemanta
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WorldSpace Inc, the satellite radio broadcasting company has filed for bankruptcy in US. From July 2008 onwards, the company had changed it brand and corporate identity to 1worldspace (listed in NASDAQ as WRSP).
The company had been facing financial difficulties from 2006 onwards. The Maryland based company has a debt of more than $300 million. From the press release:
"The WorldSpace Board of Directors unanimously determined that Chapter 11 reorganization was necessary for the Company to engage in an orderly process to raise sufficient funds to repay its senior secured and convertible notes by means of either a sale of the Company or its assets, or a recapitalization of the Company.
WorldSpace will continue to operate its business and manage its assets as a ”debtor-in-possession” under the jurisdiction of the court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the court. The holders of the Company’s existing senior secured and convertible notes have agreed to provide, subject to the satisfaction of certain conditions, a “debtor-in-possession” financing facility of up to $13 million for a period of 90 days in order to facilitate a sale transaction. The financing facility is expected to enable the Company to continue to pay salaries of critical employees and continue operations which are critical to preserving the value of its core assets through the term of the facility."
India accounts for more than 150,000 subscribers which makes up to 90% of the total customer base worldwide. A R Rahman was chosen as the brand ambassador and he had composed a signature tune for Worldspace.
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Emails sent to India support center and Corporate Affairs remain unanswered. Till then, enjoy the signature tune by maestro Rahman.
Update: Worldspace India has responed to my email. "India operations to continue as usual."
Posted by
Bonchi Buji
at
1:09 AM
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Labels: 1worldspace, business, Business and Economy, USA, Worldspace
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Posted by
Bonchi Buji
at
11:55 AM
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Labels: india, Indian IT industry, news
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Posted by
Bonchi Buji
at
10:13 PM
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Labels: experience, personal
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Posted by
Bonchi Buji
at
2:21 PM
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Posted by
Bonchi Buji
at
12:22 AM
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Labels: Indian IT industry, Satyam Computer Services, World Bank
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Posted by
Bonchi Buji
at
10:13 PM
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Posted by
Bonchi Buji
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9:33 PM
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Posted by
Bonchi Buji
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3:04 PM
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Labels: Bloggers, Guy Kawasaki, india, Internet, Mumbai
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Posted by
Bonchi Buji
at
12:57 PM
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Labels: advertising, God, personal