wordpress blog stats
Connect with us

Hi, what are you looking for?

Top 10 stories of the week: July 17th to July 23rd 2017

In no particular order, here are MediaNama’s top 10 stories of the week ended 23rd July 2017

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

Indian Railways’ “Rail Saarthi” shows why the government should not be building apps

Yesterday, the Indian Railways announced the integration of all of its app based services into a single app called Rail Saarthi. Read it here

Telenor India reports Rs 9Cr operating profit in Q2 2017 after sale to Airtel

Norwegian telco Telenor has reported an operating profit of 12 million Norwegian Krone-NOK (~Rs 9 crore) for its India unit during the quarter ended June 2017 (Q2 2017), as its exits the Indian market with its sale to Bharti Airtel. The company expects to complete the sale within 12 months; the deal is pending approval from the Competition Commission of India (CCI) and the DoT. Read it here

Fino Payments Bank goes live with 410 branches and 25,000 banking points in 14 states

Fino Payments Bank, which received a final license from the RBI for the launch in March, is now live with 410 branches across 14 states and a network of 25,000 banking points. It will offer banking services such as current & savings accounts, remittances, business correspondent (BC) lending, mobile banking through the BPay app, life & general insurance and bill payments. Read it here

Tomorrow a nine-judge bench will hear to decide if right to privacy is a fundamental right

A nine-judge bench is being constituted tomorrow in the Supreme Court (SC) to decide on whether there is a fundamental right to privacy under the Indian Constitution. A host of other issues were raised in court today, but these will not be addressed tomorrow. Read it here

Right to Privacy in India: Notes from Day 1

The hearing to determine whether there is a fundamental right to privacy under the Indian Constitution has begun in front of a nine-judge bench, as reported yesterday.

The Supreme Court’s order from yesterday said (paraphrased): “It has become essential for us to determine whether there is a fundamental right to privacy under the Indian Constitution. Read it here

Uber’s UPI integration goes live; Paytm vs UPI

Uber’s integration with UPI (United Payments Interface), the NPCI run payment mechanism, has gone live. Hat tip: Avinash D’Souza. Note that rival Ola already has UPI as a payment option

Users can find UPI as a payment option in the ‘Payment’ tab in their Uber app, when they tap on ‘Add Payment Method’. You are then asked to enter your UPI ID (also called virtual payment address or VPA… who names these things?). Uber then charges you Re. 1 to make authenticate your ID (which is then reimbursed). Read it here

#AadhaarLeaks: Govt admits 210 of its websites publicly disclosed Aadhaar numbers

Replying to questions raised in the Parliament about Aadhaar data leakages, PP Chaudhary, the Minister of State for Electronics and Information Technology, said that “it was found that around 210 websites of Central Government, State Government Departments including educational institutes were displaying the list of beneficiaries along with their name, address, other details and Aadhaar numbers for information of general public.” Chaudhary was responding to questions raised by MB Rajesh of the CPI(M). Read it here

Flipkart pilots grocery delivery service for the second time: report

E-commerce player Flipkart has decided to give online grocery delivery another try. According to this Business Standard report, the company has launched a grocery delivery service in Bangalore on a pilot basis. The report quotes Anil Goteti, head of marketplace at Flipkart as saying that more pilots of the service would be extended to other cities soon; he did not provide a timeline for a public launch. Read it here

CCI on Ola vs Meru and Fast Track: dominance, predatory pricing, barrier to entry & more

The ruling from the Competition Commission of India (CCI), on a complaint filed regarding alleged anti-competitive practices by Ola, provides great insight into how the CCI looks at issues, and the ruling can help set precedence for similar cases in the future. The allegations, filed by Meru and Fast Track Call Cab, both radio taxi services, were essentially that Ola is providing radio taxi services, and it has abused its dominant position in the Bangalore market by offering heavy discounts to passengers and incentives to cab drivers, which “amounts to predatory pricing” and has “affected other competitors in the market who cannot offer similar discounts/incentives to commuters/drivers.” Read it here

On Balaji Telefilms’ sale of 26% to RIL for Rs 413.28 crores

Balaji Telefilms is raising Rs 413.28 crores from Reliance Industries. Its board approved a preferential issue of 25.200 million equity shares to RIL, at Rs 164 per share. Read it here

You May Also Like

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

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

Subscribe to Daily Newsletter

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