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Popular Articles
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PayPal Needs To Comply With RBI Regulations By April 30th, 2010
Explore Article MediaNama.com (14 hours, 56 min ago)
It isn’t over yet: If Paypal doesn’t satisfy the requirements put forth by the Reserve Bank of India April 30th 2010, their operations could be disrupted again, Jaimon Joseph writes on IBNLive Blogs, after having spoken to both PayPal and the RBI, that the banking regulator is keeping a watch on PayPal. They did allow [...] (Read Full Article)
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Will Unbundling BSNL’s Local Loop Truly Bring About A Broadband Revolution In India?
Explore Article MediaNama.com (17 hours, 19 min ago) Telecom
I’ll believe it when I see it, but that it’s up for discussion again brings with it hope for broadband in India: Business Standard reports, quoting unnamed sources that BSNL is considering opening up its last mile to private players. This means that a private company can provide broadband connections to your home using BSNLs [...]
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Indiatimes Buys Back Sequoia Capital Stake
Explore Article MediaNama.com (Mar 17 2010) Acquisition
MediaNama had learnt from sources that Times Internet Limited (Indiatimes) has bought back Seqioua Capital India’s stake in the company. When contacted, Indiatimes CEO Rishi Khiani declined to confirm or deny the development, saying repeatedly “No confirmation and no comment.” Note that there was no denial either. Sequoia Capital India has also declined to comment. [...]
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Qualcomm To Bid For India’s Wireless Broadband Spectrum In Upcoming Auction
Explore Article MediaNama.com (Mar 17 2010) Telecom
So the first hat, it seems, is in the ring. Qualcomm has announced that they’ve filed an application to bid in India’s upcoming 3G and Broadband Wireless Access (BWA) auction, specifically seeking to acquire spectrum in the 2.3 GHz band. India is expected to auction 3G spectrum on the 9th of April 2010, and the BWA [...] (Read Full Article)
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What ValueFirst Plans To Do To Be IPO Ready In 2012
Explore Article MediaNama.com (Mar 16 2010) Social Networking
Mobile Value Added Services company ValueFirst is eying an IPO in 2012: we’ve heard of IPO plans from several companies in the past, including competitor One97 Communications, and spoke to ValueFirst COO Kumar Apoorva to get a sense of what ValueFirst has been doing, the implications of its acquisition of CellNext earlier last year, and [...] (Read Full Article)
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Kpcb & Sherpalo Sell Significant Stake In Info Edge
Explore Article MediaNama.com (Mar 16 2010) Acquisition
Venture Capital firms Sherpalo Ventures and Kleiner Perkins Caufield & Byers have sold most of their stake in BSE listed Info Edge India, though we’re not sure if KPCB (through its wholly own subsidiary Murugan Capital) has exited entirely. We’re awaiting a clarification from Info Edge and KPCB. Note that the three entities had invested together [...] (Read Full Article)
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BBC News Launches Premium Voice Blog On Airtel; How Will It Become Viral?
Explore Article MediaNama.com (Mar 15 2010) Social Networking
Bharti Airtel has launched Airtel Blog, powered by Bubble Motion’s Bubbly. Any Airtel subscriber can sign up for their own blog by dialling *7*, and ask their friends and family to call up *<their number>* to subscribe. Blog subscribers will receive an SMS every time there’s an update, and will have to dial *2* to listen [...]
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YouTube Struggles With IPL 2010 Live Streaming
Explore Article MediaNama.com (Mar 15 2010)
The five-minute-deferred-live webcast of the Indian Premier League Cricket tournament on YouTube struggled over the weekend, facing technical difficulties, or just not loading: it was disastrous. Users frequently saw YouTube’s version of ‘the blue screen of death’, stating that “We may be experiencing some technical difficulties. Please stay tuned.” Bharti Airtel might be giving its users [...]
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Web18 Sells Back 50% Stake In JobStreet India; $0.126M Cash
Explore Article MediaNama.com (Mar 14 2010) Acquisition
A little less than four years after it had first acquired the stake, TV18’s digital business Web18 has sold back its 50% stake in JobStreet India for a total cash purchase consideration of $126, 401 (424,500 shares at Rs. 0.298 per share) to Jobstreet.com Pte Ltd (Singapore). JobStreet India will also pay a minimum of Rs. [...]
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Our Apologies…Tech
Explore Article MediaNama.com (Mar 12 2010)
Our sincere apologies to our readers, who may have faced difficulty in accessing MediaNama this week. Of late, we’ve had an unexpected and quite staggering increase in traffic, particularly every afternoon, and were caught napping (read as ‘focusing only on content’). We’ve made some changes (more than halved the queries to the database), but that [...] (Read Full Article)
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VRock Licenses IPL Mobile Content To Multiple Co’s; In Talks For Stake In PhoneyTunes
Explore Article MediaNama.com (Mar 12 2010) Mobile , Acquisition
Well, this is unprecedented: within around seven days of acquiring global SMS, MMS and IVR rights related to the Indian Premier League, vRock Mobile has managed to license non-exclusive content rights to multiple VAS companies and ink deals with all the telecom operators. This is quite unlike previous years, wherein one VAS company has cornered one [...]
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Airtel Launches Digital Media Distribution Biz; Bigger Play Than Digital Cinema
Explore Article MediaNama.com (Mar 12 2010)
Bharti Airtel has entered the digital media distribution business, establishing what they’re calling a “digital media exchange”. The exchange will enable the transference of digital content from media houses, producers and distributors to multiple platforms and locations, including Live Media (digital signages), mobile, Internet and other platforms. Distribution will also get a boost if Airtel [...]
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BSNL Drops 3G Data Card Rates Across India: Tariff War?
Explore Article MediaNama.com (Mar 11 2010) Telecom
Don’t you just love price wars? BSNL, the government owned telecom operator, has thrown down the gauntlet by launching 3G EVDO plans that substantially lowers access charges for consumers on the move. Though it’s a pan-India launch, though we’re not sure if Delhi or Mumbai are a part of the plan, since BSNL doesn’t service [...]
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Apalya Gets IPL 3 Global Mobile Live Streaming Rights For 3 Years; Subscription vs Advertising
Explore Article MediaNama.com (Mar 10 2010) Mobile
We knew they were in talks, and now it’s official: Apalya Technologies is the latest to get a piece of the pie, acquiring the global mobile live streaming rights for three years. With July Systems, DCI Mobile and vRock also having received mobile rights, many of our readers have inquired about exactly how some of [...]
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Advertisement: Headstart In Hyderabad On 12th March 2010
Explore Article MediaNama.com (Mar 10 2010)
Over 2 years, more than 50 volunteers, 6 cities, 80 startup saturdays and 3 national events with a total audience to 5000 entrepreneurs; Headstart team now travels to Hyderabad presenting you the 4th edition of the premier startup showcase in India. On March 12th 2010, Headstart Foundation is organizing its bi-annual event “Headstart” along with [...] (Read Full Article)
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BSE Launches GPRS Based Sensex Streamer App; V.01 Hopefully
Explore Article MediaNama.com (Mar 9 2010) Mobile
The Bombay Stock Exchange (BSE) has launched a mobile application for receiving live quotes of its SENSEX index. Called BSE SENSEX Mobile Streamer, the application is a 113 kb file, which on installation asks the user to choose between two options: “Blackberry” and “other”. Pertinent segmentation. Download the JAD file here. The functionality of the application [...]
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RCOM Launches Socially With Unlimited Access To Facebook, Twitter & LinkedIn
Explore Article MediaNama.com (Mar 9 2010) Mobile , Social Networking
Reliance Communications has launched a mobile VAS application called Socially, which gives access to to social networks including Facebook, Twitter and LinkedIn through a single client. What’s interesting about it is that when you receive a call, the callers recent status updates are shown. Socially is downloadable from RWorld and users can subscribe to the [...]
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BSNL Inflating Subscriber Numbers, Says Director: Report
Explore Article MediaNama.com (Mar 9 2010) Telecom
J.S. Deepak, a government nominee on the board of public sector telecom operator BSNL has said the company was inflating its subscriber base, according to a report in Business Line. According to Deepak, who is Joint Secretary (Telecom) in India’s Department of Telecommunications (DoT), 28.73 percent of the companys mobile network capacity was lying unutilized. [...]
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Tata Tele Launches Dialog For Internet On TV; Price vs Education
Explore Article MediaNama.com (Mar 8 2010)
How do you increase India’s budgetary allocations for broadband? Simple, convince the Finance Minister that Farmville generates agricultural income! Jokes aside, another initiative has been launched to try to make the Internet more accessible to consumers: Tata Teleservices has announced the launch of Dialog, a device that will allow users to access the Internet from their TV [...] (Read Full Article)
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BIGMaps COO Manav Sethi Resigns
Explore Article MediaNama.com (Mar 8 2010) Social Networking
Manav Sethi, COO BigMaps, and AVP Corporate Strategy at Reliance Entertainment has put in his papers, MediaNama had learnt from reliable sources. Reliance Entertainment President Rajesh Sawhney has subsequently confirmed the development. Sethi’s next move is not known, though it is rumored that he may either be starting up or joining a venture fund. We’ll [...]
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Google Maps Gets Delhi Metro Transit Info; Buses The Real Test
Explore Article MediaNama.com (Mar 8 2010) Maps/Local
The metro is easy. Google India and the Delhi Metro Rail Corporation (DMRC) have announced the availability of Delhi Metro transit information on Google Maps, including – train timings, station and fare details, approximate time travel information. As a frequent user of both the Delhi Metro and Google Maps, I can vouch for the following: Firstly, [...]
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Comparing MingleBox & PagalGuy’s Online MBA College Application Services
Explore Article MediaNama.com (Mar 7 2010)
Pardon the pun, but this is probably the “killer application” for online education websites in India. Old favorite PagalGuy.com and Sequoia Capital funded born-again-as-an-education-portal Minglebox have launched platforms that allows students to apply to multiple MBA colleges online, including the Indian Institutes of Management. For long, the problem for students in India – and the country’s [...]
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IPL Global Smartphone App Rights Go To DCI Mobile & Sigma Ventures
Explore Article MediaNama.com (Mar 5 2010) Mobile
Sliced and diced. The chopping up of the digital rights for the Indian Premier League continues unabated, with the “global mobile smartphone rights” being sold to Singapore based venture capitalist firm Sigma Ventures and DCI Mobile Studios, a division of Chennai based technology company Dot Com Infoway (DCI). At least this time, the rights sold are [...]
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July Systems Raises $7 M To Fund Mobile Publishing; Advertising Future?
Explore Article MediaNama.com (Mar 4 2010) Funding
Bangalore based July Systems has raised $7 million in Series C funding led by Intel Capital, alongwith Sequoia Capital and Footprint Ventures. The details of the investment were not disclosed, but this probably isn’t your usual Series C round: the Rajesh Reddy (in pic) founded company changed its business model in 2005, much after its [...]
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Apalya Launches Mobile TV On Virgin’s VFlash; Tendulkar’s Double Ton
Explore Article MediaNama.com (Mar 4 2010)
Apalya, a mobile video application company, has launched vFlash TV as part of the launch of Virgin’s USB modem device vFlash. This is similar to the launch of Photon TV with Virgin’s franchise partner Tata Indicom. Apalya CEO Vamshi Reddy told Medianama that both the services are similar in terms of pricing and services because [...]
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