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Weekly Digest (15th-22nd July 2011)

Editor’s Picks - Files Sharing Sites Blocked In India Because Reliance BIG Pictures Got A Court Order - MapMyIndia May Sell 24% Stake To Zenrin; Understanding What Has Changed - Vodafone Launches EVDO Internet Dongles On MTS Network Investment & M&A - Bigshoebazaar Raises Rs.40 Crore From Narayana Murthy’s Catamaran & Nexus Venture Partners - InMobi, BIG Showbiz, Ortel, Ybrant, B4U Get FIPB Approvals - Komli Media Acquires Mobile Ad Network ZestADZ - Jagran Prakashan Promoters Consolidate Shareholding Into JMNIPL - Net4 India To Merge With Piptel; Demerge ISP Subsidiary - TheMobileGamer Raises $820,000 From One97 Mobility Fund - Altruist Acquires Mobile App Co RelayStrategy - Updated: Mobile Ad Network VServ Raises $3M From IDG Ventures Earnings-Jun11 - Updated: HT Media Q1-FY12 Digital Revenues At Rs 8.6 Crore; HT Mobile In FY11 - Vodafone India Had 26M Data Subs At End Of Q1-FY12; 3.7M Opera Mini Users - Nokia Reports Net Loss Of EUR 487M; Handset Sales Down 20% YoY - Naukri Reports Rs 25.61 Cr Profit, Rs 86.65 Cr Sales For Q1-FY12 - Uninor Reports Q2-11 ARPU Of Rs 97; Revenues At NOK 698M - Dish TV Q1-FY12 Results: Adds 725,000 Subscribers; ARPU Stable At Rs.150 - Apple Q3 Results: $7.31B Profit; Sells 20.34M iPhones, 9.25M iPads - NDTV Convergence Reports Maiden Profit Of Rs 1.16 Cr In FY11 - UTV New Media Turns Profitable In FY11; Revenues Up 89% YoY - Indiagames Reports Rs 2.47 Crore Profit For FY11; Revenues Up 37% Data - June 2011: India Added over 8.58 Million GSM Connections - June 2011: 11.38M IMPS Mobile Money IDs; Transactions Decline Marginally Other Updates: - BSNL Launches Voice & Video…

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