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Weekly Digest (20th-27th May 2011)

Editor’s Picks
– Telcos Told To Not Reject MNP Requests On Small Dues & Contractual -Obligations
– Google On Street View In India: Permissions, Data Collection, Removal
– What If RIL Does Create A Payment Gateway?

Earnings

– Net 4 India FY11 Profit Up 84%; Demand For Cloud Services Increases
– Another Loss Making Year For Rediff Comes To A Close; India Revenues Up 22%
– Balaji Telefilms’ Mobile, Internet & Education Biz Reports Rs 2.62 Cr Sales, -Rs 8.35 Cr Loss For FY11
– Price Hike Pushes Up Dish TV Q4-FY11 ARPU; Margins Up, Loss Down

Investments

– MakeMyTrip Plans Fresh Sale Of Shares Of Value Up To $180M; Who Is -Selling?
– ThePrivateSales.com Raises $5M In Series-A Funding; NextWave?
– Exclusively.in Raises $16M; Starts UK Operations

Industry Moves

– Industry Moves: Yahoo India; Sistema Shyam

Other Updates:

– Nextwave Multimedia Launches 3D Cricket Games For PC & Mobile
– Hungama & TuneWiki Launch Co-branded App; Would You Pay For It?

– STAR, Zee, DEN & Turner Form JV For Channel Distribution Across Platforms
– HolidayIQ Integrates Wego Flight Meta Search Engine
– Google To Launch Controversial Street View Project In Bangalore, India

– Infibeam Launches DIY E-Commerce Store BuildaBazaar; The Catch
– Shemaroo Acquires Audio Catalog From PEN India
– News Digest: Airtel Africa-Comviva, Sify-DT ICSS, Aircel-iPhone4, Idea 3G

– Q: Should Rediff Acquire Portals For Increasing Inventory?
– Google Launches Public Transport Info For Delhi & Ahmedabad
– GameTantra Launches Games For iPhone & iPad; Plans
– Infomedia18 Relaunches YellowPages.co.in; AskMe To Focus On Voice

– InMobi Inks Three Year Ad Deal With Amobee
– IRCTC Reports 10.5M Transactions For April 2011; 8.55% Down

– AOL Shuts Down AOL.In: Only Coolage Remains

Also See: Digital & Telecom Jobs At JobNama

From Our Press Release Site: (mail releases@medianama.com)

– Idea expands coverage and VAS offers for its subscribers in Jammu and Kashmir
– Bloomberg UTV launches “Building India”
– Shemaroo Entertainment Ltd. acquires the entire audio catalog of Pen India
– Airtel digital TV brings much awaited 2011 French Open in High Definition
– Airtel digital TV customers can now watch all channels in HD like quality

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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