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Weekly Digest (29th-6th May 2011)

Key development:
– Updated: CCAvenue CEO Vishwas Patel Denies Authenticity Of Hacking Report; Claims Mischief
– Updated: CCAvenue Payment Gateway Hacked: Report

Editors Picks
– Move Telco Assets Into Cloud, Create An Open Marketplace Says Vishwanath Alluri, IMI Mobile
– Updated: Samsung Launches App Store Operator Billing With Airtel In India
– India’s CyberCafe Rules Finalized; Foundation For Harassment
– RBI Ups Mobile Wallet Card Txn Limit To Rs 50k; M-Banking Encryption

– 6.42 Million Requests for Mobile Number Portability in March 2011 In India
– March 2011: India Has 11.87M Broadband Connections; 811.58M Mobile With 70.72% Active
– RTI: MTNL Delhi Has 5910 IPTV Connections, ARPPU Rs.298; Launches FTTH With FUP

– NDTV FY11 Results: Net Loss At Rs.173.89 Crore; Revenues Down To Rs.418.57 Crore
– FY11: 123Greetings Profits Up 15% At Rs.10.1Crore; Revenues At Rs.42.85 Crore
– OnMobile FY11: Q4 Content Costs Down; Revenue Rs. 537 Cr, Profit Rs. 86.6 Cr
– Airtel India Non Voice Revenues At 15%; FY11 Revenues At Rs. 59.6k Crore; Africa Pulls Down Margins
– OnMobile’s ConCall: 3G Rollout In India, Inflection, Stake Sale Rumors, LatAm
– Sify Consumer Business Declines 37%; Portals Profitable Post Cost Cutting

Industry Moves
– Industry Moves: Comviva, SMG And Google
– Industry Moves: GroupM, Tripadvisor, Concept Digital
– BSNL Gets Its Fourth MD In Less Than A Year – Rakesh Kumar Upadhyay
– Reliance Industries Appoints Jagdish Kumar As President-Media & Entertainment: Report

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Other Updates:
BGR India Launches Hindi Gadgets Site
– Network18 To Raise Rs 300 Crore From Promoter Group
– Shemaroo Launches Full Length Movies On YouTube; Online Vs DVD
– FIPB Approves Tikona-HCL Infinet Deal; Augere Wireless’ FDI Infusion
– Updated: Bangalore Traffic Police Launches Facebook Page
– Spice Mobility Plans To Become A Mobile Internet Company
– ISRO Refuses To Divulge Minutes of Space Commission Meetings:Report
– Indiatimes Launches A Second Deals Site – TimesDeal; An Analysis
– OnMobile Sells 9% In Ver Se For Rs 28.59 Crore

From Our Press Release Site: (mail releases@medianama.com)
– MTS Introduces An Exciting Offer For Mobile Customers In Gujarat
– Now enjoy the magic of HD with Airtel digital TV’s 3D ready HD Recorder
– Uninor set to paint AP Blue with 90 branded stores by June
– This Summer get a chance to win exciting gifts daily with TATA DOCOMO Summer Carnival Contest
– Idea launches ‘My Card’ to present bouquet of special gifts to its subscribers in Delhi & NCR
– Spice Mobility to Switch to being a ‘Mobile Internet Company’

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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