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Earnings-Mar15
– 53% of Samsung’s revenues came from its mobile devices business in Q1-FY15
– Nokia operating profits down by 13% YoY to €265 million in Q1 2015
– Spice Mobility’s devices biz net loss widens to Rs 69.68 Cr; delisting on hold
– Tata Teleservice Maharashtra Q4-FY15 loss at Rs 164 crore
– DB Corp Internet revenues at Rs 8.95 Cr for Q4-FY15; Rs 7.35 Cr loss
– TV Today revenues at Rs 476.56 crore for FY15; TV broadcasting profits up 23 percent
– 26% of Uninor’s subscriptions in Q1FY15 were active Internet connections
Investment & M&A
– NDTV’s e-commerce biz IndianRoots secures $5 million funding from KJS Group
– Tiger Global offloads 2.1 percent stake in JustDial for Rs 162 crore
– Verizon to buy AOL for $4.4 billion; to expand OTT services
– mGage acquires cloud communications platform Unicel Technologies
– Cyanogen receives strategic investment from Foxconn; open computing platform in pipeline
– Plancess raises $2 million; to start medical entrance test prep
– Zapstitch raises $2 million funding from Helion and Orios Venture Partners; to set up a US team
– Uniken raises $2 million from Exfinity Venture Partners; international expansion and growth in India planned
– GSF M-Accelerator first batch: Joolz, PocketAd, TalkMore, Magictap, Playselfie and more
Data
– 862 Million Active Mobile Connections In India in March 2015
Other Updates:
– CommonFloor launches 360 degree tour of property listings
– News Republic launches India edition of its app
– On New Media startups and media independence – Prem Panicker
– HT Media launches online property bidding site Bidnbid
– UGC wants biometric scanners to track students in classrooms and hostels
– Siddharth Varadarajan & Sidharth Bhatia launch digital news portal The Wire
– Government to stay 51% FDI in e-commerce for now
– ISPs to DoT: Unable to ban Uber and Ola in Delhi
– PIN not needed for NFC card transactions below Rs 2000
– Rdio launches subscription based music and FM streaming called Rdio Select
– SBI launches NFC cards; to convert 100k POS machines to accept them
– Facebook’s Instant Articles lets you load news from select publishers faster; what about others?
– #NAMA: Connected Devices & Internet of Things, 29th May 2015, Mumbai
– TimesofMoney partners with United Bank in Ethiopia to enable branchless banking
– Google admits that messages on Hangouts can be wiretapped by governments
– Vserv’s new solution allows you to buy telco & DTH packs from mobile ads
– HolidayIQ acquires SourceN’s travel mobile development team
– Airtel appoints Andrew Kossowski as chief information officer for Africa
– Net Neutrality: The Culprit is the Government – Sandeep Amar
– On Myntra going app only, shutting down web based services
– Google Map Maker edits suspended following pranks and vandalism
– Reliance Jio appoints Pradeep Shrivastava as chief marketing officer
– India Post launches independent e-commerce centre; launches tracking app
– Star India wants telecom operators to share data revenue – Net Neutrality
– Zomato appoints Durga Raghunath as SVP of growth
– Twitter wants you to use Periscope even if you aren’t on Twitter
– SoftBank Group appoints Nikesh Arora as COO and president
– Google Maps’ intercity directions now include directions via local public transportation
– Uber debuts cash payments for taxis in Hyderabad; to monitor usage patterns
– Industry Moves: PrintVenue, Jones Lang LaSalle and Hike
– Zomato launches new food ordering app called Zomato Order
– Blackberry wants to sell virtual SIMs with nine numbers in India
– European Commission proposes banning geoblocking; to stand on the shoulders of digital
– Ministry of information and broadcasting stops sale of Oye FM to ENIL; companies appeal decision
– No plans of getting servers of social networking sites to India yet: Ravi Shankar Prasad
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
