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Weekly Digest (10th-17th July 2015)

MediaNama would like to thank its sponsors:Getit, Paytm, Times Internet, Info Edge, Indianroots and E2E for their support. Earnings Jun-15 - Google revenues at $17.7B for Q2 2015; paid clicks up 18% - DB Corp Internet revenues at Rs 10.11 Cr for Q1-FY16; Rs 7.8 Cr loss - HT Media’s digital revenues grows 29% y-o-y to Rs 30.6 Cr in Q1-FY16 - Zee Entertainment reports ad revenues of Rs 779.9 cr in Q1 FY16 Data - 3.24 Million Mobile Number Portability Requests In India In May 2015 - 868 Million Active Mobile Connections In India in May 2015; RCOM Loses 1.11M Other Updates: - IndusInd Bank launches Quickpay to send money via SMS and email - Govt claims FDI in telecom at $2.8B and tech industry $2.2B in 6 months - India.com signs multi year deal with Outbrain - “Only talent who reach a critical mass, go on YouTube” – Puneet Johar, To The New Ventures on #fame - Twitter to display images and excerpts from links in tweets on mobile - eCourts Phase II approved by Union Cabinet - Eros Now to produce original shows; to premiere movies on app before TV - Den Networks receives FIPB clearance to up its foreign stake - Funding roundup: MoveInSync, BoxMySpace and Ketto - “One of our largest challenges is the payments system in India”- Greg Moran, Zoomcar - “We started a YouTube business but we have moved on” – Puneet Johar, To The Ventures on #fame - Google launches open source…

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