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News Digest:Warid,3G Auction, Hinduja Group, BSNL, INOX & More

Warid Telecom Plans To Partner Essar And Bharti For Licenses Warid Telecom has plans  to partner Essar and Bharti Airtel to bid for licenses in different countries in Asia. There is also a possibility of Warid participating in the WiMax spectrum auction in India. Wonder if Airtel will want to partner with a company that's already involved with a competitor - Essar. (Read more at The Economic Times) 3G Auction To Be Complete By March 2010 Sam Pitroda, adviser to Prime Minister Manmohan Singh, has announced that the much delayed 3G auction would be complete by 31st March, 2010. The auction was expected to bring in revenues worth Rs 250 billion when it was expected that there would be four slots of spectrum for sale. (Read more at Bloomberg.com) MIPS To Integrate Yahoo! Widget In Digital TV MIPS Technologies has announced that it will develop an optimized reference platform running the Yahoo! Widget Engine for digital TV and set-top box applications. This will allow MIPS licensees to develop devices incorporating Yahoo! TV Widgets which will enable internet services and online media to reach viewers through applications specifically tailored to the needs of the television audience. (Read more at CNNmoney.com) Hinduja Group Re-Enters Film Business Hinduja Group has re-entered the Indian Film business with an investment of Rs 5 billion. The group has roped in former Reliance Big Pictures COO Sunir Kheterpal as CEO for IN Entertainment Co. (Read more at Variety) DoT Not To Allow Mergers Between 3G Auction Winners DoT…

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