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Top 10 stories of the week: July 4th to July 10th 2016

In no particular order, here are MediaNama's top 10 stories of the week ended 10th July 2016 MediaNama would like to thank its sponsors: Espn, Times Internet and E2E for their support. - OYO Rooms raises fresh money through rights issue Budget hotel aggregator OYO Rooms is planning to raise Rs 413 crore by a proposed rights issue of shares to its current shareholders, according to the documents it filed with the Registrar of Companies. The company is also planning to buy back shares worth Rs 60 crore from some of its investors. The Economic Times reported the story first. Read it here. - The TRAI needs to revisit VAS fraud regulations It was fairly common a few years ago for citizens to get billed for services without consent: I remember waking up one morning to see a notification of having been charged Rs 99 for apparently downloading an animation at 3am, while asleep. On another occasion, an extra connection, which wasn’t checked very often, was been charged Rs 30 per month for job alerts. Read it here. - Offline is the new online: Facebook to test saving videos on app for offline viewing Facebook is piloting an offline video viewing feature in India, by letting users save videos within its mobile app, reports TechCrunch. The pilot will go live on July 11thfor a select number of users in India; users can view downloaded videos by launching the Facebook app, but they will not be allowed to save videos on the phone’s memory. Read it here. - Amazon…

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