– Blume Ventures-backed Aurality shuts podcasting app, plans to pivot. The company’s co-founder Janhavi Parikh has confirmed the development to MediaNama, as well. Read more on Techcircle

– Dave McClure’s 500 Startups sets a $5 million fund,500 Startup Wallah, focused on Indian startups. SEC filing . (Was first reported by VentureBeat)

– NDTV brings two international channels to India. Read more on afaqs

– Walt Disney launches its 4th offering Disney Junior. Read more on afaqs

– DoT’s defence to only partially auction 2G spectrum. Read more on Firstpost

– Tata Sky to make equity infusion of Rs 5 bn every year over medium term. Read more on IndianTelevision

– Justice Janarthanaraja recuses himself from Chennai digitisation case. Read more on IndianTelevision

– Sistema (MTS) may buy into Aircel. Read more on Business Standard

– Sam Balsara owned Madison Media negotiating with Dentsu, WPP for sale. Read more on The Economic Times

– Mobile connections in Delhi reach 4.25 crore. Read more on NDTV