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Weekly Digest (9th-16th August 2013)

MediaNama would like to thank its sponsors: CCAvenue, E2E, Spice Digital, Shopify and Times Internet for their support. Earnings-June 2013 - Saregama Profit At Rs 1.83 Cr For Q1-FY14; Music Biz Down, Films & TV Biz Up - MTNL Losses Down 37% QoQ To Rs 1256.19 Cr For Q1-FY14 - Eros International Profits Down 7% To Rs 29.3 Cr In Q1-FY14; Rs 194.2 Cr Revenue - 123Greetings Gift Shipments Up 7% To 38,927 Orders in Q1-FY14 - Tanla To Launch Mobile Gaming Platform GameOn In Aug 2013; Losses Decline In Q1-FY14 - Cybermedia’s Media Biz Revenue Decreases By 36% In Q1-FY14 Investment & M&A - Updated: Google Capital Looking To Invest In Tikona: Report - Singtel Increases Airtel Stake To 32.34% - Exclusive: Snapdeal Raises $75 Million From Softbank - Tookitaki Raises $200K From Blume Ventures, India Internet Group, Harvard Angels & CIIE Other Updates: - Tencent’s Option To Buy 50% In MIH India Expired On 17th June 2013 - MTV India Launches Video Show On Vine: Pick Me Up - Updated: Manoj Padmanabhan To Head Zee New Media’s Ditto TV - GSF Accelerator Batch 2 Graduates: ClinchPad, PosterGully, Browntape, DhilCare & More - Microsoft Ventures India Batch 3 Startups: SignEasy, TommyJames, Whalelogix, AdSparx & More - Exclusive: Senior Sales Departures At Yahoo India: Vishal Maheshwari & Chandrabhanu Pattajoshi - Facebook India Active Users Up 39% YoY To 82M In Q2 2013; Mobile Only? - Digest: Limelight Networks, Thomas Cook India, Meru Cabs - Samsung Rolls Out Indic Interface For 9 Languages; Content Tie-Ups - JustDial’s Online Food Delivery Service Goes Live - After RIL, Aircel Postpones 4G Rollout: Report - Are Indian Consumer…

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