- A plan for the third phase of the auction of FM licenses in India may have been approved, according to Dow Jones Newswires' sources. More here. - What they did with the money : an overview of what a few people did with funding they'd raised. Worth noting: Netcore founder Rajesh Jain has said that, since 1988, he's made profits for only three years. The last year, it appears, was profitable for the business. Jain is also planning what appears to be, a political commentary website. More at HT. The article features Jain, - Qualcomm is facing decline in CDMA Royalty Rates, and has had disagreements with Nokia and Reliance Communications over high royalty rates - More at Forbes - Research In Motion is planning to launch BlackBerry Partners Fund in India; the fund was established in 2008 in collaboration with Research In Motion, Thomson Reuters, Royal Bank of Canada, among others. More at BusinessLine - An overview of the issue of parallel import of books at the Hindustan Times. Read here. - Vodafone doesn't mind an IPO of Essar's stake in its Indian Joint Venture. Of course, it's unlikely that just Essar's stake will be listed, and Vodafone appears to be using this to highlight their issues with the valuation of Essar's stake, which would put a value on Vodafone Essar. Hence it's objection to the potential merger. More at the Times of India. Also, BusinessLine has details on why Vodafone Plc is opposing the merger. - Indiamart…
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