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Corporates turns to Refilling!

Corporate

As corporates gear up to pare costs, some companies stand to benefit. Cartridge World, the world’s largest retailer of printer cartridge refilling service, has seen the share of corporate clients in its net business double to nearly 40-50 per cent from 20 per cent around nine months back. “Cost conscious corporates that are looking at bringing down overheads are now switching to re-filled printer and toner cartridges that offer a 40-70 per cent cost saving,” said Neveen Rakhecha, chief operating officer(South Asia), Cartridge World.

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UTV Media Invests heavily into Gaming!

Corporate, Games

Ronnie ScrewvalaUTV Chairman Ronnie Screwvala is gung-ho on the gaming sector. Having invested Rs 270 crore, including acquisition and investment in intellectual property (IP), the company plans to invest another Rs 150 crore.

Gaming is not new to UTV. The company used the acquisition route to enter the segment in 2007, when it acquired online and mobile gaming firm, Indiagames. It simultaneously acquired the UK-based console gaming firm, Ignition. And finally in 2008, it acquired US-based True Games, an online gaming firm.

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