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Idea Cellular announces its payments bank aspirations
Following Airtel and Reliance Industries Limted (RIL), telecom operator Idea Cellular has said that it has submitted an application to the Reserve Bank of India... .
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NowFloats raises funds from Omidyar Network & existing investors
Hyderabad-based NowFloats has raised an undisclosed amount of Series A funding from Omidyar Network and existing investors Mumbai Angels, Blume Ventures and Hyderabad Angels. The... .
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Updated: Mahindra Group acquires Accel Partners & Tiger Global backed Babyoye
Update: An official spokesperson of Mahindra Partners has confirmed this deal to Medianama, though they declined to reveal the specifics of the deal at the... .
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Tata Sky appoints new members to senior management team
Tata Sky has appointed Pallavi Puri as its new chief commercial officer and Malay Dikshit as chief communications officer. In her new role Puri will... .
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Thank You Sponsors: Spice Digital, Getit, Fortumo, Bruceclay, Airtel, Times...
We’d like to take a moment to thank our sponsors for having chosen to support MediaNama in its endeavour to provide our readers with insightful... .
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IRCTC introduces cash-on-delivery for railway ticket bookings
It’s finally here: Indian Railway Catering and Tourism Corporation (IRCTC) has introduced cash on delivery (CoD) payment option for buying train tickets in partnership with... .
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Exotel acquires voice-based media startup Croak.it!
Bangalore-based virtual business telephony system provider Exotel has acquired the voice-based media startup Croak.it! for an undisclosed amount, reports the Economic Times. According to Exotel, there...
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Vodafone files for Payments Bank licence
Vodafone has filed an application with the Reserve Bank of India (RBI) for the Payments Bank licence. The company said its exploring options for partnerships... .
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Micromax beats Samsung as top smartphone maker: Research report
It seemed inevitable and now it’s true. Handset manufacturer Micromax has beat Samsung to take the top spot in the Indian smart phone market in... .
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Our Earnings Coverage for January 2015
Google – YouTube has over 1 bn users; Programmatic usage doubles Info Edge / Naukri – Naukri profit up 20% to Rs 38.6 Cr in Q3-FY15; Net... .
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Amazon Prime subscriptions increase 53% YoY globally in Q4 2014
Memberships for Amazon’s subscription service Prime, which offers two-day shipping, allows users to stream movies, TV shows & music, and also store photos, has grown... .
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Twitter to open R&D centre in Bangalore following ZipDial acquisition
Following its acquisition of Bangalore-based ZipDial, Twitter has confirmed that it will be opening an R&D facility in India, reports the Financial Times (warning: paywall).... .
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Tata Teleservices Maharashtra Q3-FY15 loss at Rs 159.38 Cr
Tata Teleservices Maharashtra Ltd (TTML) continues to report losses: Rs 169.08 crore loss for the quarter ended December 31, 2014, up from Rs 159.38 crore... .
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Updated: AIB roast videos pulled down after Maharashtra govt goes after...
Update: All India Bakchod has put out a statement regarding pulling down their video. But here’s what we loved the most. “I may not agree with... .
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PriceBaba introduces online price comparison & extends service to 4 new cities
Price comparison service for mobile handsets PriceBaba has introduced online price comparison and extended its service to four new cities: Chennai, Hyderabad, Baroda and Surat. With... .
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Airtel’s Mobile Internet usage increased 98.4% YoY in India; 42.25 M mobile...
Airtel* India has reported total 16.94 million 3G Mobile Internet connections for the quarter ended December 31st, 2014, registering a 9.7% increase from 15.5 million 3G connections in... .
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Airtel reports $2.9 Bn in mobile money transfers in Africa in Q3-FY15
Airtel* Money reported a total customer base of 6.2 million in Africa for the quarter ended December 31, 2014, registering a significant 17% growth from 5.3 million customers in the... .
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Manoj Kohli steps down from Bharti Airtel board
Manoj Kohli has resigned from the board and stepped down as the non-executive director of Bharti Airtel , the company informed the BSE. Other changes... .
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India Post looking to set up an e-commerce portal in six months
India Post says that it will be rolling out its e-commerce portal in the next six months and is looking to take on the likes... .
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Culture Machine raises $18 million from Tiger Global and existing investors
Digital video network Culture Machine has raised $18 million in a series B round of funding from Tiger Global Management and existing investors Times Internet and... .
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