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PIN not needed for NFC card transactions below Rs 2000
The Reserve Bank of India (RBI) has removed the mandatory two-factor authentication for transactions below Rs 2,000 using NFC based credit and debit cards across... .
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NDTV’s e-commerce biz IndianRoots secures $5 million funding from KJS Group
NDTV’s e-commerce business NDTV Ethnic Retail Limited, which operates ethnic apparel online store IndianRoots.in, has raised $5 million funding from KJS Group. The company claims... .
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ISPs to DoT: Unable to ban Uber and Ola in Delhi
Internet service providers in Delhi will soon be writing to the Department of Telecom (DoT) about their inability to block websites of Uber and Ola,... .
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Government to stay 51% FDI in e-commerce for now
The government has stayed on its decision to allow 51% stake for foreign investors in multi-brand retail in India, reports the Indian Express. The commerce... .
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Siddharth Varadarajan & Sidharth Bhatia launch digital news portal The Wire
Former editor of The Hindu Siddharth Varadarajan and one of the founding editors of DNA Sidharth Bhatia have launched an online news publication called The... .
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Tata Teleservice Maharashtra Q4-FY15 loss at Rs 164 crore
Tata Teleservices Maharashtra Ltd (TTML) has reported a loss of Rs 163.88 crore for the quarter ended Q4-FY15, a slight decrease of 3.07% from the... .
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UGC wants biometric scanners to track students in classrooms and hostels
The University Grants Commision (UGC) of India has asked higher educational institutions in the country to install biometric devices in classrooms and hostels as a... .
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HT Media launches online property bidding site Bidnbid
Publisher of Hindustan Times and Mint, HT Media, has launched a property auction website bidnbid.com for buyers and sellers of properties. The platform charges a service... .
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On New Media startups and media independence – Prem Panicker
One group of editors announces a new media project. A day before the project’s debut, another editor issues a pre-emptive pooh-pooh that manages to confuse... .
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News Republic launches India edition of its app
Global news aggregation portal News Republic has launched India editions of its general news app News Republic and tech news app Appy Geek, reports Livemint.... .
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CommonFloor launches 360 degree tour of property listings
Real estate portal CommonFloor has introduced a virtual tour for resale and rental property listings which will provide users a 360 degree view of the... .
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862 Million Active Mobile Connections In India in March 2015
According to the Indian telecom regulator TRAI, India added 10.68 million “active” mobile connections during the month of March 2015. The Active connection data represents... .
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Spice Mobility’s devices biz net loss widens to Rs 69.68 Cr; delisting on hold
Losses continued to widen at Spice Mobility’s mobile devices business and the segment posted a net loss before tax of Rs 69.78 crore for the quarter ended March 31,2015,... .
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Nokia operating profits down by 13% YoY to €265 million in Q1 2015
Nokia’s operating profits declined by 13% year-on-year (YoY) to €265 million in Q1 2015 from €305 million in the same quarter last year. The company had... .
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53% of Samsung’s revenues came from its mobile devices business in Q1-FY15
Samsung Electronics reported operating profits of $5.48 billion (5.98 trillion Won) for the quarter ended March 31 2015, with 45.82% of it coming from the... .
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Weekly Digest (08th-15th May 2015)
MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2E for their support. Earnings-Mar15 – 53% of Samsung’s revenues came from its... .
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YouTube ordered to remove IIFW videos after debut episode found on YouTube –...
– By Devika Agarwal On 21st April, the Bombay HC granted ad-interim injunction relief to Indian Independent Filmmakers Worldwide Association (IIFWA) in a suit for... .
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myNoticePeriod rebrands to Hiree and looks to expand user base
Online recruitment portal myNoticePeriod.com has rebranded itself to Hiree.com and is also looking to expand its user base, reports ET Tech. As the earlier name... .
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Facebook to stop providing device level reporting to advertisers
Facebook will stop providing new advertisers with device level reporting for Facebook mobile app ads, reports adexchanger. Advertisers currently using the feature can continue using... .
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Funding roundup: Venturesity, MyCuteOffice, Red Polka
Venturesity raises $250k in angel round of funding Bangalore-based startup Venturesity, which helps companies hire people through online challenges and tests, has raised $250,000 in... .
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