In no particular order, here are MediaNama’s top 10 stories of the week ended 14th August 2016
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– CBI charges former ISRO chairman & Antrix execs over criminal conspiracy
The CBI has filed a charge sheet against former ISRO chairman G Madhavan Nair, Devas Multimedia a Bangalore based satellite communications company, and top executives of ISRO’s commercial arm Antrix Corporation for allegedly causing losses of Rs 578 core to the government exchequer. Devas was supposed to develop a project to launch satellite-based multimedia services (including video, audio) via mobile phones and broadcasting mediums in India using the rare S-band spectrum. Read it here.
– LinkedIn India has 37 million users; 100 million in APAC
The Microsoft owned LinkedIn claims to have 37 million users in India. It has over 100 million in the Asia Pacific region, up fivefold from 20 million users in 2012. In APAC, LinkedIn users have doubled from 50 million to 100 million in 2 years, and represent 22% of LinkedIn’s global user base of over 450 million. Read it here.
– COAI accuses Jio of impairing other operators; Jio refutes in a letter to DoT
After alleging that recent TRAI consultations on Interconnection charges favored new entrants, the COAI lashed out against Reliance Jio’s network trails that apparently has onboarded 1.5 million ‘test subscribers’. The amount of traffic being generated from the Jio trials are “choking” Points of Interconnection (PoI)—physical connection between two different telcos—and “impairing” quality of service of other operators, alleged COAI in a letter addressed to the DoT. Read it here.
– Delhi Govt wants physical meters for Ola, Uber & others: report
The Delhi Government will make physical meters in the cab of online cab aggregators compulsory, despite the compulsory GPS installation, reports Economic Times. This is under a cab aggregators’ policy which the government is coming up with and will be presented to the public for consultation before it is approved by Lieutenant Governor Najeeb Jung. Read it here.
– It looks like PayU is buying Citrus Pay to take on PayPal
Earlier this week, South African Internet company Naspers was looking to buy Citrus Pay for about Rs 1000-1200 crore and merge its operations with payment gateway PayU. Aakash Moondhra, CFO of PayU, said that “they can neither acknowledge nor deny our involvement in any merger, acquisition or divestiture activity” as indicated by the Economic Times. Read it here.
– Updated: Facebook blocks adblocking because users block ads & monetisation
AdBlock Plus, the ad blocking extension has published a workaround to Facebook’s feature to surpass adblockers which would show Facebook users ads on desktop. This way, ads which Facebook decides to show to a user can be suppressed by either inserting a filter code or by updating the filtering lists from AdBlock, both of which can be found on its blog. Read it here.
– Idea Money users rises 66% qoq to 3.5 million in June quarter
Idea Money, Idea Cellular’s mobile wallet service, now has 3.4 million customers growing 66% quarter-on-quarter from 2.05 million customers. Idea had launched the service in August 2014, after eight months of receiving a wallet service from the Reserve Bank of India (RBI). Read it here.
– Govt’s School GIS displays school information across the country
The Government has launched a portal called School GIS for viewing the geographic coordinates of schools, the village, taluka and district it’s located in and a report on its grading.
The information is presented on a map with options to select different base maps (like roads). Zooming in on the map highlights the schools in visible locations which are marked by small icons. Read it here.
– TRAI wants USSD platform for all mobile payments and not just m-banking
The Telecom Regulatory Authority of India (TRAI) is mooting for a unified platform which can support all variety of mobile payment services including merchant payments, utility bill payments, mobile and DTH recharge through USSD. This was suggested by the department of financial services (DFS), the department of economic affairs (DEA) and the National Payments Corporation of India (NPCI) promoting a more cashless society to enable financial inclusion. Read it here.
– Jio to setup up 1M recharge outlets, Lyf launch, HP tie-up & more
Reliance Jio is in the process of setting up 5 lakh activation outlets and 1 million recharge outlets to support its commercial launch in the ‘coming months’, reports Telecom Talk. Additionally the telecom operators has partnered with Hotstar to offer its premium content to Jio customers for free, although it’s not clear with which plans this will be available. Read it here.