Yahoo 'in talks' over Indian deal, BBC News, 18 Feb 2005

“Yahoo is in talks about buying a stake in Indiatimes, the internet business of India's largest media company, the Financial Times (FT) has reported. The FT said the US search engine was discussing a tie-up with Bennett Coleman, the publisher of The Times of India newspaper and other titles. The publisher is looking for a partner to develop its online services, a move which may lead to a US flotation. Yahoo is keen to expand in India where internet usage is growing fast.�

Full story at http://news.bbc.co.uk/2/hi/business/4276815.stm