MediaNama would like to thank its sponsors: Spice Digital, Antfarm, India.com and E2E for their support. Earnings-Mar14 - Rediff’s e-commerce revenues cross display ad revenues in Q4-FY14 - CyberMedia posts Rs 1.2 Cr loss in FY14; Revenue down 16.4% YoY to Rs 59.86 Cr - MTNL reports Rs 9,600 crore profit in Q4-FY14 due to government’s pension benefits - Eros International profit up 29.2% to Rs 199.6 Cr in FY14; Revenue up 6.1% YoY Data - IMPS Data: 59.52M Mobile Money IDs, Rs 2,265.92 Crore Transacted In April 2014 Investment & M&A - Star India sells its 50% stake in Star CJ Network to Providence Equity Partners - Fashionandyou raises Series D funding from China’s Vipshop & existing investors: Report - Funding roundup: AdSparx, Nykaa & Covacsis - Calpian increases stake in Money on Mobile to 69%; Raises $8.3M Investment - Teen Patti creator Octro raises $15M from Sequoia - Why Reliance wasn’t the biggest problem at Network18 – Caravan Magazine Other Updates: - Star Plus launches YouTube-only auditions for its reality show India’s Raw Star - Google Translate adds voice input for 8 Indian languages but it doesn’t work - MSM debuts sports site LIV Sports ahead of 2014 FIFA World Cup - Ping Digital launches Boom News channel on YouTube; Viability? - Sanjay Kapoor appointed Chairman of Micromax - Maharashtra Police warns against liking “objectionable” posts on Facebook - Shashi Shekhar is new Niti Digital CEO - Indian telecom operators want government help in killing net neutrality - MTNL Chairman and Managing Director AK Garg retires - Mobikwik integrates wallet to e-commerce sites - Money on Mobile claims to have 88.6M…
