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Weekly Digest (15th-22nd April 2016)

MediaNama would like to thank its sponsors: Getit, Times Internet, Espn, Spiral and E2E for their support. Earnings Mar-16 - Microsoft’s Azure business grows 120% in the March quarter - Jabong revenues decline 19.3% to Rs 270.75 crore in Q4 2015 - Google’s traffic acquisition costs increase 13% as it shifts ads to mobile and programmatic - Network18 revenues remain flat in Q4-FY16 at Rs 902.9 crore - TV18 net profit lower 13.57% YoY due to lower operational income - Yahoo’s Mayer says spinning off Alibaba investment is still an option Data - Rs 21,209 Cr transacted using IMPS in March 2016 Other Updates: - DoT approves Reliance Jio and RCOM spectrum sharing deal in 9 circles - Facebook’s News Feed to show users stories they actually read - Three of Housing’s co-founders quit to start new venture - Bitcoin wallet Zebpay’s trading turnover crosses Rs 100 crore - Jugnoo “grudgingly” removes surge pricing from autos in Delhi - Myntra to add home furnishing & personal care products: Report - Matrix Partners India raises $110M from existing investors; Co-founder Rishi Navani quits - Juggernaut Books launches Android app with 150 paid & free books - Facebook’s Messenger now lets you make group audio calls - Apple got 73 device requests from Indian Govt in 2015 - ixigo launches one tap cab booking which works offline without GPS - GirnarSoft invests in car testing firm Advanced Structures India - Funding Roundup: Rapido, Fashalot, DriversKart & more - Shemaroo and Spuul partnership…

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