Northgate Technologies Ltd has informed the BSE that the company has carved out Social Media India Ltd, an India-based subsidiary company. Focus of Social Media will be to tap the online advertising and other Internet transaction services industry. Mr Vishnu Vardhan Induri, Head of Bharatstudent.com, has been appointed as Managing Director of Social Media.

Source URL: http://www.thehindubusinessline.com/2007/08/28/stories/2007082851680400.htm