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India continues to have the slowest internet speeds in Asia-Pacific: Akamai
India’s average internet speed continues to be slowest among countries in the Asia-Pacific region, that were part of the study conducted by content delivery network Akamai Technologies for its Q3 2014...
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DB Corp Internet revenues at Rs 9.18 Cr for Q3-FY15; Rs 2.66 Cr loss
DB Corp, the publisher of newspaper dailies Dainik Bhaskar, Divya Bhaskar, Saurashtra Samachar and Divya Marathi, has posted a loss before tax of Rs 2.66 crore in the Internet segment for the quarter...
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Rajshri launches Marathi digital food channel Ruchkar Mejwani
Entertainment Studio Rajshri Entertainment has launched a Marathi food channel called Ruchkar Mejwani across multiple digital platforms including YouTube, Digivive, DailyMotion and VuClip among others....
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How Indian telecom operators defend their attack on net neutrality
The Cellular Operators Association of India, a telecom lobby which includes the largest telecom operators in India (Airtel, Vodafone, Idea Cellular), and has inducted Google (read) and Facebook (read)...
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UIDAI to roll out additional Aadhaar enrolment kits in Gurgaon
The district administration of Gurgaon and the Unique Identification Authority of India (UIDAI) have chalked out a plan to achieve universal Aadhaar adoption in the district within six months said...
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Reliance Jio looking to expand into cable distribution
Reliance Jio Media, a subsidiary of Mukesh Ambani-led Reliance Jio Infocomm has applied for a pan India cable television multi system operator (MSO) license, in a bid to foray into cable distribution,...
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After Ola, TaxiForSure launches auto booking service
Bangalore-based taxi aggregator TaxiForSure has introduced an auto rickshaw booking service on its mobile app and mobile site, two months after competitor Ola launched it. The service is currently...
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Spice Digital picks up 38.5% stake in e-learning venture Anytime Learning
Mobile VAS company Spice Digital* has acquired 38.53% stake in the Noida-based online education provider Anytime Learning Private Limited for an undisclosed amount. The company said that post...
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Weekly Digest (09th-16th January 2015)
MediaNama would like to thank its sponsors: Spice Digital, Getit, Fortumo, Airtel and E2E for their support. #Earnings-Dec14 – DB Corp Internet revenues at Rs 9.18 Cr for Q3-FY15; Rs 2.66 Cr loss –...
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Delhi rape victim plans negligence lawsuit against Uber in US
(By Shashidhar KJ & Vikas SN) Woes for the app-based taxi booking service Uber continues: The female victim who was allegedly raped by one of... .
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YouTube MCN Ping Digital raises investment
YouTube Multi-channel network (MCN) Ping Digital has raised an undisclosed amount in funding from a consortium of angel investors headed by Monisha... .
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Naukri profit up 20% to Rs 38.6 Cr in Q3-FY15; Net Sales at Rs 145.7 Cr
Info Edge Ltd, the company which owns Naukri.com, Jeevansathi, 99Acres, Shiksha.com, among others has reported a net profit after tax (on a... .
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Government approves 33 FM radio channels in border states
The Government of India has approved 18 new FM radio channels in the eight North-Eastern States and 15 new FM Radio Channels in Jammu and... .
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FIPB: Sprint International, INX Music and Insight Media City deferred
The Indian government has approved twelve proposals of foreign direct investment amounting to Rs 1827.24 crore approximately, based on the... .
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Twitter buys Bangalore-based ZipDial
Twitter has acquired Bangalore-based mobile marketing & analytics platform ZipDial for an undisclosed amount. Post acquisition, ZipDial team will... .
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ICICI Bank allows customers to transfer funds via Twitter
India’s largest private sector lender, ICICI Bank, introduced a number of banking transactions on Twitter. The service named icicibankpay, will... .
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Amagi raises funds from Premji Invest and Mayfield Fund
Ad network Amagi Media Labs has raised an undisclosed amount in funding from Premji Invest (the family office of Wipro’s chairman Azim Premji) and... .
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Snapdeal and Den Networks launch TV Shopping channel
E-commerce player Snapdeal and cable distribution network Den have launched a new TV shopping channel known as “Den Snapdeal TV Shop”.... .
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#Outlook15: What Indian Investors Plan To Do in 2015
As a part of our #Outlook15 series, we asked venture capital firms – Nexus Venture Partners, Blume Ventures, Helion Venture Partners, GrowthStory,... .
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Charts: Info Edge Q3-FY15 results suggest that it’s still mostly a one trick...
Despite years of investments in other businesses, Info Edge India is still mostly a one tricky pony: a majority of its revenues still come from... .
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