News

Singapore-based social voice messaging company Bubbly (formerly known as Bubble Motion) has been acquired for an undisclosed amount by India-based mobile VAS company Altruist Group, reports TechInAsia. Last week, TechInAsia ... Continue_Reading
According to the Indian telecom regulator TRAI, India added 5.05 million “active” connections during the month of June 2014, while it added 4.76 million total connections during the month. This indicates ... Continue_Reading
eTechAces Marketing and Consulting, which operates the online insurance policy aggregator Policybazaar, has launched a financial advisory services platform called PaisaBazaar, reports Techcircle. The platform will look to sell loans, credit ... Continue_Reading
Around 81% of 18.42 million smartphones shipments in India in Q2 2014 were sub-$200 smartphones, according to a report from IDC. ... Continue_Reading
Restaurant search and discovery service Zomato has acquired Czech Republic’s restaurant guide Lunchtime.cz and Slovakia’s restaurant guide Obedovat.sk for a combined amount of $3.25 million to enter the respective markets. ... Continue_Reading
Eros International has reported digital and ancillary revenues of $10.8 million for the quarter ended June 30, 2014, registering a significant 54.3% increase from $7 million revenues in the same quarter ... Continue_Reading
AOL-owned American news website The Huffington Post has officially announced its partnership with the Times of India group to launch the much delayed Indian edition of its news site. This will be ... Continue_Reading
Department of Electronics and Information Technology (DeitY) envisaged programme ‘Digital India’ received an approval from the Cabinet yesterday. The programme will be implemented in phases from now till 2018 and ... Continue_Reading
Media buying agency GroupM has revised its estimates of annual advertising expenditure growth for 2014 to 12.5% from 11.6%, released earlier this year. This revision is part of the agency’s global ... Continue_Reading
Textile major Bombay Dyeing is foraying into e-commerce, reports the Times of India. Apparently, it will launch a mobile-friendly online platform and mobile apps within the next two months. ... Continue_Reading
Online cab service Uber has released its API for third-party app developers. The developer site already list 11 partners that have integrated Uber’s on-demand transport service in their applications, including ... Continue_Reading
Update: An August 20th story by PTI indicates that the consultation paper will be released. Further discredits the ET story. We haven’t heard back from TRAI yet. (hat tip: Amlan Mohanty) ... Continue_Reading