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News Digest: Pressmart, Garmin-Reliance, Mjunction, Quippo & More

Pressmart Introduces ‘ePortal’ a Do-it-yourself, Pay-As-You-Go ePublishing Solution Pressmart today announced the launch of a new SaaS, pay-as-you-go hosted Web CMS product ePortal to complement its suite of ePublishing solutions. Unlike a licensed product, it is an on demand service wherein Publishers simply choose the features they want and pay only for what is used. Apart from this, Pressmart offers monetization options such as Paid Subscriptions, Ad Management, Analytics, and Search Engine Friendly Content, as well as Archiving, Content Caching, Web and Mobile delivery,etc. (Read more) Mjunction launches B2C initiative Mjunction Services, an e-commerce joint venture between Tata Steel and Steel Authority of India (SAIL), has forayed into a business-to-consumer (B2C) initiative. Named straightline.in, with technology support from information technology companies IBM and Cognizant, the e-commerce portal now comes in direct competition with established ones, such as eBay and Amazon.com, among others. (more at Business Standard) Garmin Join Hands With Reliance Autozone to Launch Car Navigation Device in India Reliance Autozone, the automotive retail arm of Reliance Retail and Garmin, a satellite navigation devices company, will introduce Garmins navigation devices in India - Nuvi 205, 215 and 715. (Read more...) Quippo Looking to Raise About $300 Million Via Stake Sale Quippo Telecom Infrastructure Ltd. is looking to raise around $300 million through a stake sale to pay off its debt. The company holds a 49% stake in Wireless TT Info-Services Ltd .WTTIL now has about 25,000 towers. At the time of the deal in January, the combined entity had about 18,000…

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