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Weekly Digest (9th-16th August 2013)

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Earnings-June 2013

Saregama Profit At Rs 1.83 Cr For Q1-FY14; Music Biz Down, Films & TV Biz Up
MTNL Losses Down 37% QoQ To Rs 1256.19 Cr For Q1-FY14
Eros International Profits Down 7% To Rs 29.3 Cr In Q1-FY14; Rs 194.2 Cr Revenue
123Greetings Gift Shipments Up 7% To 38,927 Orders in Q1-FY14
Tanla To Launch Mobile Gaming Platform GameOn In Aug 2013; Losses Decline In Q1-FY14
Cybermedia’s Media Biz Revenue Decreases By 36% In Q1-FY14

Investment & M&A

Updated: Google Capital Looking To Invest In Tikona: Report
Singtel Increases Airtel Stake To 32.34%
Exclusive: Snapdeal Raises $75 Million From Softbank
Tookitaki Raises $200K From Blume Ventures, India Internet Group, Harvard Angels & CIIE

Other Updates:

Tencent’s Option To Buy 50% In MIH India Expired On 17th June 2013
MTV India Launches Video Show On Vine: Pick Me Up
Updated: Manoj Padmanabhan To Head Zee New Media’s Ditto TV
GSF Accelerator Batch 2 Graduates: ClinchPad, PosterGully, Browntape, DhilCare & More

Microsoft Ventures India Batch 3 Startups: SignEasy, TommyJames, Whalelogix, AdSparx & More
Exclusive: Senior Sales Departures At Yahoo India: Vishal Maheshwari & Chandrabhanu Pattajoshi
Facebook India Active Users Up 39% YoY To 82M In Q2 2013; Mobile Only?
Digest: Limelight Networks, Thomas Cook India, Meru Cabs

Samsung Rolls Out Indic Interface For 9 Languages; Content Tie-Ups
JustDial’s Online Food Delivery Service Goes Live
After RIL, Aircel Postpones 4G Rollout: Report
Are Indian Consumer Laws Ready For The Digital Age? – CIS India

Updated: Amazon India Adds Computer & Accessories Categories
CNN-IBN, IBN7 CEO Dilip Venkatraman Leaves Network18 Group
Indian Govt To Spend Rs 22.5 Crore On New Media Wing To Handle Social Media Accounts

Hari Nair To Head Sony Music’s Digital Biz In India
Will ASCI Be Able To Monitor Online Ads In India?
The Redundancy Of Phone Customer Care – Karthik Srinivasan
Paytm, Mobikwik Allocated Prepaid Wallet Licenses By RBI; Flipkart?
Yatra Forgets To Renew Domain Name In Time

Also See: Digital & Telecom Jobs At JobNama

Useful Lists:

Deals: VC, PE & M&A In Internet, Mobile, Media in India
Short Code Services in India
Circlewise List Of Telecom Operators in India
Statewise Broadband Subscribers In India
Digital Payment Companies in India
Advertising Networks in India

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