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Top 10 stories of the week: February 19th to 25th February 2018

In no particular order, here are MediaNama’s top 10 stories of the week ended 25th February 2018

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

Amazon quietly launches UPI payment option for customers

Amazon India seems to have quietly added a UPI based payments option for customers who are making purchases on the website. The development was spotted by members of the r/india subreddit who also noticed that Amazon is using an @apl virtual payments address for collecting payments. Medianama was able to verify the existence of the same as the UPI payment option pops up during the checkout process. Read it here

Uber faces class-action lawsuit in US for under payment of drivers

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Uber is set to face a class-action lawsuit for alleged underpayment of drivers and violating work agreement, known as the Technology Services Agreement (TSA) in North Carolina in US, according to a report of Ars Technica. The portal reports that Martin Dulberg, a driver who was apparently underpaid by the Uber, will now a class of about 9,000 similarly affected drivers. Read it here

Kerala Cable Operators Association’s broadband push comes with zero rated OTT service

An aggressive push for internet coverage veiling a zero-rated service that violates net neutrality, we have seen this before. The Cable Operators Association (COA) – the largest organisation of independent cable TV operators in Kerala – announced it will lay optical fibre across the state and ‘aggressively’ promote its broadband service. Read it here

ZO Rooms makes data theft allegations against OYO; OYO files criminal complaint

Zostel Hospitality (ZO Rooms) has filed a case in a Gurugram court against OYO parent Oravel Stays Pvt., alleging that OYO stole a host of ZO Rooms’s data such as employees, assets, hotel properties, etc. while conducting due diligence in a process of acquisition, which eventually did not happen, reports The Economic Times. Read it here

RBI updates operating guidelines for Payments Banks regarding KYC

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The RBI has issued an update to the Operating Guidelines for Payments Banks with regard to KYC requirements while onboarding customers of telecom companies, in the wake of the Airtel Payments Bank rerouting of subsidies by creating Payments Bank accounts for subscribers validating mobile phone numbers. Read it here

Delhi Govt stops use of Aadhaar for PDS after reports of exclusion in obtaining rations

Deputy Chief Minister of Delhi, Manish Sisodia announced that the Delhi government had decided to stop using point-of-sale (POS) machines that required Aadhaar for the Public Distribution System (PDS), after reports of widespread deprivation and difficulties in procuring rations. He said that these difficulties had emerged because the officers in charge of implementation had not used the POS machines for PDS in the manner that the Cabinet had recommended. Read it here

Twitter cracks down on bulk tweeting and manipulation of trends

Twitter has said it would no longer allow users to post identical messages from multiple accounts, in what seems like a crackdown on tactics used by Russian trolls and others malicious actors to make tweets or topics go viral. Read it here

Lowdown on TRAI’s telecom tariff amendments: Reporting requirement, predatory pricing, non-discrimination & more

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The Telecom Regulatory Authority of India (TRAI) has amended the regulatory principles for assessing how telecom service providers (TSPs) set tariffs for the services they provide, in order to ensure that transparency is maintained, as well as to prevent discrimination and predatory pricing in telecommunication services. Read it here

Aditya Birla Idea Payments Bank starts operations

Aditya Birla Idea Payments Bank Ltd has started operations, the RBI announced in a release, making it the fifth payments bank to roll out operations after the central bank gave its in-principle approval to 11 applicants in August 2015. Read it here

Paytm zooms focus on insurance and lending

Paytm is closer to offer insurance products on its platform as its parent One97 Communication Ltd has set up two insurance units- Paytm Life Insurance Ltd, and Paytm General Insurance Corporation Ltd reports Livemint. The publication found out the development in company’s ministry of corporate affairs’ filings. The publication reports that company’s founder Vijay Shekhar Sharma, and senior executives Shankar Nath and Madhur Deora will be director of these units. Read it here

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In no particular order, here are MediaNama’s top 10 stories of the week ended 12th July 2020 MediaNama would like to thank its sponsors:...

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© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ