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Top 10 stories of the week: June 26th to July 2nd 2017

In no particular order, here are MediaNama’s top 10 stories of the week ended 2nd July 2017

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

RuPay launches contactless NFC prepaid cards

The National Payments Corporation of India’s (NPCI) card network RuPay has launched a contactless prepaid NFC card. Recently, it launched a contactless card for the Ahmedabad Smart City project in association with ICICI Bank and Ahmedabad Municipal Corporation. It also launched similar prepaid contactless cards for the Kochi Metro Rail Ltd (KMRL) and Bangalore Metropolitan Transport Corporation (BMTC) in association with Axis Bank. Read it here

Snapdeal files FIR against GoJavas’ promoters for misappropriation of funds

Snapdeal, which is reportedly close to being acquired and merged into rival Flipkart, has filed an FIR against Quickdel Logistics Pvt Ltd., which runs the e-commerce logistics company GoJavas, reports The Economic Times. The FIR, filed by Snapdeal parent Jasper Infotech, names Quickdel Logistics promoters Praveen Sinha, Randhir Singh and Ashish Chaudhary, along with former executive director of the company Abhijeet Singh. Read it here

Jio’s parent company RIL to raise ₹25,000Cr via private shares issue

Mukesh Ambani led Reliance Industries Limited (RIL) is raising ₹25,000 crore via issue of new shares. The company was seeking approval from shareholders to issue “secured/unsecured redeemable non-convertible debentures, in one or more series/tranches, of an aggregate nominal value up to ₹25,000 crore”. Read it here

Vodafone announces carrier billing deal with Netflix

Vodafone has announced that it is now doing carrier billing for Netflix, the streaming company’s first such partnership in India. This means that postpaid customers will now be able to pay for Netflix on their monthly bills. Read it here

After Sushma Swaraj’s Twitter threat, Amazon scrambled globally to sanitize its listings

After India’s External Affairs Minister Sushma Swaraj threatened consequences to Amazon over a carpet bearing the Indian flag listed on their Canadian website, the company scrambled to perform a global audit of its catalogue in all 14 countries where it operates, a response to an RTI application by MediaNama has revealed. In the response, the Ministry of External Affairs described the correspondence between the Indian government and Amazon in the days that followed Swaraj’s threats on Twitter. Read it here

UberEats expands to Gurugram; payments only through Paytm as of now

Almost two months after launching services in Mumbai, online cab aggregator Uber has expanded its on-demand food delivery service UberEATS to Delhi-NCR, starting with Gurugram. The company said that it has partnered with over 300 restaurants along with hundreds of delivery partners in the city. Read it here

Government’s claims of Aadhaar savings for the MNREGA scheme are overstated

The Government of India has argued in the Supreme Court and Parliament that its primary purpose in promoting Aadhaar is to improve the efficiency of social schemes, and that the use of Aadhaar has generated huge savings since 2014. Read it here

Petya ransomware in India: Jawaharlal Nehru Port, WPP Group hit

Danish logistics and container transport firm Maersk’s global ransomware attack has affected its control terminal in India which is located at Jawaharlal Nehru Port Trust (JNPT) in Mumbai. As per a government statement, the private terminal assigned to Maersk has been affected by a ransomware attack, and not its domestic terminals. Read it here

Jana’s “Free Data” service mCent shuts down; Browser to continue

mCent, an application from Jana that gave free recharges for browsing the Internet is shutting shop. No new offers will be available for users starting July 1st, and the application will shut down completely on 1st of August 2017, and removed from the Google Play store. mCent allowed users to collect points for installing and trying apps, which could be exchanged for free mobile recharges. Read it here

Petya ransomware infected less than 20 organizations in India: Symantec

India is on the top 10 list of countries to be hit by Petya ransomware attacks, with the country faring worst while zooming down to the Asia Pacific (APAC), cyber security firm Symantec said in a blog post. Globally, India took the 7th spot with less than 20 organisations being affected as per the company’s analysis. Read it here

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