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Top 10 stories of the week: June 12th to June 18th 2017

In no particular order, here are MediaNama’s top 10 stories of the week ended 18th June 2017

MediaNama would like to thank its sponsors: E2E for their support.

As Ola and Uber tweak their incentives, drivers say that it is driving them to suicide

“I used to earn around Rs 5000 to Rs 6000 (per day) now I earn Rs 1700 maximum. My income has reduced drastically, actually I have no income at all. I have not paid four EMIs on my car,” says Shankar Mishra, an Uber driver in the Delhi NCR region. Read it here

MTNL confirms real estate asset sale to cut debt

Loss making state owned telecom provider MTNL has confirmed that it is “considering” lease/sale of real estate, buildings, towers, cables ducts, etc. to reduce its debt, in a reply to stock exchanges. It will use the of the proceeds of sale for cutting debt. It has also sent in an application to the DoT for approval. Read it here

Flipkart plans to add a suite of services to its app by December

By December this year, Flipkart plans to add services on its app that will allow users to book a cab, order food or plan their vacation, reports ET Tech. The company is currently in talk with food delivery, cab and travel aggregators for this. Flipkart’s senior director of monetisation and new initiatives, Prakash Sikaria told the publication that they will be following the same model as WeChat. Read it here

Sun TV launches subscription VoD service Sun NXT

Television broadcaster Sun TV has launched a subscription-based video-on-demand (VoD) service called Sun NXT. Currently, the company is offering three subscription plans: Rs 50 for 30 days (monthly plan), Rs 130 for 90 days (quarterly plan), and Rs 490 for 365 days (annual plan). The first 30 days is the free trial period after which the payment kicks in, just like Netflix. The Sun NXT app is available on both Android and iOS. Unfortunately, the website (www.sunnxt.com) seems to be down at present. Read it here

Why drivers sometimes get less than 50% of what customers pay for Ola Share and UberPOOL rides

“That is not your bill at all, you should not look at it at all. Even if we assume that one booking has a bill of Rs 1000, you will get only the amount for the distance your car has run according to Micro cost card. Your operator bill has been made according to your cost card, not that of the customer,” an Ola driver-care executive named Amit (name changed) said in a call with driver Umang (name changed). Read it here

Uber internal probe: Diminished role for CEO Travis Kalanick, search for COO & More

Law firm Covington & Burling LLP, that was conducting an internal probe of Uber regarding allegations of sexual harassment and discrimination, has recommended that Uber CEO Travis Kalanick’s responsibilities should be reviewed and reallocated. It could be handed over to other members of senior management or shared between them and Kalanick. Read it here

ClearTax launches Bill book for preparing GST compliant invoices

ClearTax, an income tax returns e-filing website launched a GST software called Bill book for SMEs to prepare GST compliant invoices, the company said in a statement.

Bill book is a software platform that works both online and offline. It will automatically identify IGST vs SGST in the invoice. It can accommodate business scenarios such as operating in different states in India, or engaging in imports and exports or B2B or B2C billing. Read it here

Airtel adds 2.63M active connections; higher than Jio’s 0.37M active additions: TRAI

India added 4.20 active million mobile connections in April 2017, taking the total active mobile connection base to 1.01 billion, according to TRAI’s latest telecom subscription numbers. Telecom operators including Idea, Vodafone, Airtel, BSNL and Jio reported an increase in their base. However, all other telcos (MTNL, MTS, Aircel, Telenor, RCOM and Tata Docomo) have lost subscribers. Airtel added the highest number of active connections (2.63 million) in the month. Airtel’s active connection base stood at 268.37 million. Read it here

Delhi rape victim sues Uber for mishandling her medical records

The Delhi woman who was raped by an Uber driver, back in December 2014, has once again filed a lawsuit against the company and three of its current and former senior management members, after it was revealed that they had obtained and held onto her medical records for about a year, reports The New York Times. Read it here

Flipkart receives approval for eBay India acquisition

Flipkart’has received approval from Competition Commission of India (CCI) for acquisition of eBay’s India business. CCI, India approves subscription by eBay Singapore of CCPS issued by Flipkart and acquisition of eBay India by Flipkart, it said in a Tweet. The notice published on the CCI website says that the proposed transaction relates to the acquisition of certain compulsorily convertible preference shares of Flipkart, by eBay Singapore, and the acquisition of 100% share capital of eBay India, by Flipkart. Read it here

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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ