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Weekly Digest (12th-19th June 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet, Akamai, Ndtv and E2E for their support. Data - 3.16 Million Mobile Number Portability Requests In India In April 2015 - 869 Million Active Mobile Connections In India in April 2015 Investment & M&A - Star India to acquire MAA TV’s broadcast biz for Rs 2500 crore - JiffStore secures investment from Unitus Seed Fund & Times Internet - News Corp increases PropTiger stake to 30% - SEBI allows foreign venture funds to register as FPIs - India Value Fund gets approval to acquire 100% in ACT broadband - Reliance Communications in discussions to merge with MTS - Snapdeal acquires mobility solutions company Letsgomo Other Updates: - Jagran Prakashan’s holding company ups stake in firm by 2.63% - How some agencies pay for gadget reviews on blogs - Google’s buy of Agawi could allow streaming of apps before purchasing them - Reliance Jio gets provisional MSO license to enter cable distribution biz - Stephen Elop exits Microsoft as the company restructures leadership team - Audiomatic launches narrative podcasts across genres starting with 4 shows - YouTube forays into journalism with eye witness video initiatives - HealthifyMe raises its second round of funding a month after its first - Google’s Play Store vouchers in India are from offshore entity; To add more retail partners - Facebook tweaks its algorithm to account for time spent on a story - The implications of California Labor Commission ruling that Uber drivers are its employees…

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