In no particular order, here are MediaNama’s top 10 stories of the week ended 4th November 2018

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ZipGo acquires Supreme Trans Concepts to expand to Pune

Shuttle and ride sharing service ZipGo has acquired a 100% stake through cash-and-stock in Pune-based shuttle bus operator Supreme Trans Concepts (STC), the company confirmed to MediaNama. The acquisition will help ZipGo to start an intercity bus service between Pune and Mumbai, and add electric buses to its fleet, its statement said. STC’s cofounder Prashant Mohite will continue as CEO of STC and become executive VP at ZipGo. Read it here

HT Media’s net profit drops by 147% YoY, reports loss of Rs 37 Cr in Q2FY19

HT Media reported a net loss of Rs 37.3 crore for the quarter ended September 30, 2018 (Q2 FY19), from a profit of Rs 12 crore in the last quarter. The company’s net profit reduced by a whopping 408% within a quarter. Net profit reduced by 147% YoY from Rs 78 crore in Q2FY18. Read it here

Eros Now has 10M paid subscribers worldwide

Eros International’s over-the-top platform Eros Now has 10 million paid subscribers and 113 million registered users, with a presence in 135 countries including in India. The platform has seen steep growth in paid subscribers – in Q2FY18, it only had 3.7 million paid subscribers. Read it here

76% of JustDial’s traffic came through mobile web and the app in Q2FY19

Online classifieds and bookings company JustDial has reported a net profit of Rs 48.4 crore for the quarter ended 30th September 2018 (Q2FY19). Net profit was substantially up by 29% on a year-on-year (YoY) basis, and up 26% on a quarter-on-quarter (QoQ) basis. Read it here

The Horror of Halloween: India’s Porn Ban kicks in

Talking about ghosts of the past… the Department of Telecom has – once again – implemented a ban on over 800 pornographic websites. Resurrected from the (somewhat) tightly shut and forgotten crypt of 2015, the Uttarakhand High Court ordered the IT Ministry to enforce the ban of 857 porn websites earlier this month. Bear in mind that the ban was implemented to “avoid adverse influence on the impressionable mind of the children.” Read it here

Tata Teleservices reduced losses by 15% in Q2FY19

Tata Teleservices (Maharashtra) has reported a loss of Rs 383 crores for Q2FY19 which is 15% lower than the loss of Rs 454 crores it incurred in Q1FY19. In the corresponding quarter of 2017, the company had reported a much higher loss of Rs 8,194 crores. Note that this is the company’s 32nd loss-making quarter. Read it here

Facebook revenues up 33% YoY; 1.5B daily Facebook users in Q3 2018

Facebook posted total revenues of $13.727 billion (up 33% YoY), of which ad revenues were $13.5 billion, up 33% YoY; and $188 million from payments and other fees for the quarter ended September 2018 (Q3 2018). Mobile ad revenues accounted for 92% Facebook’s ad revenues for this quarter, up from 88% in the same quarter last year. Read it here

ZEEL launches online ad platform for small retail advertisers

Zee Entertainment (ZEEL) has launched an online ad platform called Zeemitra.com for small retail advertisers to advertise on Zee’s TV channels. Users of the platform will be able to advertise on Zee TV, Zee Cinema and Zee News across 15 of ZEEL’s key markets like Mumbai, Maharashtra, Delhi NCR, UP, Punjab etc. Read it here

Info Edge net profit remains flat YoY at Rs 78.5 Cr, Naukri revenues up by 15%

Info Edge, which runs multiple internet companies such as Naukri, Jeevansathi, and 99Acres, and is an investor in Zomato, has reported a net profit of Rs 78.5 crore for the quarter ended September 2018 (Q2FY19). Net profit has remained more or less flat over the same quarter last year when it was Rs 79 crore. Read it here

ZEE5 content to be available on RailYatri through sachet subscriptions

RailYatri users will now be be able to access ZEE5 for 7 days. This is a bundling of service where RailYatri users will be charged while booking their train tickets. Its users will be able to watch and download ZEE5 content. Once the ticket is paid for, ZEE5 will get access to the user details (to register them on ZEE5) and their travel dates to offer this service. It is unclear what this will cost, and we’ve reached out to ZEE5 to know more. Read it here