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    1. Indian Govt probing unauthorised digital certificates issued by NICCA

      The government is looking into the issue of unauthorized certificates issued by the National Informatics Centre Certifying Authority (NICCA) of India, reports PTI.

      Department of Electronics and Information Technology secretary RS Sharma told the publication that Certifying Authority (CA) is now taking appropriate steps, under the guidance of the CCA (Controller of Certifying Authorities). However, he hasn’t disclosed any specific details on this.

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    2. Google revenues at $16Bn for Q2 2014; Paid clicks up 25% while CPC dips 6%

      Google has reported consolidated revenues of $16 billion for the quarter ended June 30, 2014, registering a 22% increase from $14.11 billion revenue in the same quarter last year.

      Note that these revenues includes a traffic acquisition cost of $3.29 billion for the quarter. Google has also stopped including Motorola Mobility revenues within its consolidated results after selling it to Lenovo for $2.9 billion in January this year. It now presents Motorola revenues as “discontinued operations” .

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    3. Nikesh Arora leaves Google to join Softbank; Airtel Connection?

      Nikhil adds: Perhaps it’s just a co-incidence, but there is an interesting Airtel connection to look at. Arora was on Airtel’s board from 2008 to March 2014. Of late, the Bharti group, the promoter group of Airtel, has begun doing quite a big of work with Softbank – they have a joint venture for apps called Bharti Softbank (BSB). Recently, Brightstar, of which Softbank is the largest shareholder, picked up a majority stake in Bharti owned Beetel.

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    4. Microsoft to eliminate 18,000 positions; CEO Nadela informs employees via email

      At 5:00am Pacific Time (5:30 pm IST) Microsoft posted an email from CEO Satya Nadella to ‘All Employees’ on its News Center. The email, titled “Starting to Evolve Our Organization and Culture”, informs employees that the overall workforce would be reduced by up to 18,000 jobs next year.

      He adds that work toward synergies and strategic alignment on Nokia Devices and Services is expected to account for about 12,500 jobs, comprising both professional and factory workers.

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    5. Network18 Digital CEO Durga Raghunath Resigns

      Durga Raghunath, CEO of Network18 Digital, has put in her papers, multiple sources have confirmed to MediaNama. Raghunath, on being contacted, declined to comment.

      Raghunath taken over as CEO of Network18 Digital from Lakshmi Narasimhan in April this year, and was responsible for all of Network18 Digital’s content properties, including Moneycontrol.com (their cash-cow), FirstPost, Burrp (the listing and reviews business), First Biz (the business focused version of FirstPost), and News18.com (the groups state and local news portal).

      Prior to that appointment, she was the CEO of FirstPost. Raghunath had joined the Network18 group in 2010 as VP ...

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    6. Qliktag acquires Pune-based digital agency Buzzfactory

      California-based mobile technology company Qliktag has acquired the Pune-based social media and digital agency Buzzfactory for an undisclosed amount in a cash & stock deal.

      It’s worth noting that Qliktag had previously made an angel investment in Buzzfactory in January 2013, and had a minority stake in the company. Buzzfactory had also previously released Qliktag’s mobile marketing campaign and promotions platform in India.

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    7. Google reportedly spending $1Bn to subsidize & market Android One phones in India


      (By Riddhi Mukherjee & Vikas SN)

      It looks like Google is planning a big marketing campaign for its Android One smartphone initiative, that was introduced in Google I/O last month.

      The company has told its potential partners that it would be spending closer to $1 billion dollars to promote these phones starting later this year, according to a source-based The Information report (subscription required). This will include subsidizing the smartphones to get them under the $100 price range.

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    8. The redBus sale: A cautionary tale – Mint

      by Mihir Dalal and Ashish K. Mishra

      Bangalore/Mumbai: If you are the founder of a start-up or work in a start-up, then this story is for you. If you hope to ever go down that path, keep reading. Because what happened at redBus—yes, redBus, the whale of a start-up success story of the last few years—could happen to you.

      To your company.

      To your people.

      And if and when that happens, then you need to know what to do.

      Or what not to.

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    9. Boomerang Commerce raises $8.6M from Madrona Venture & Trinity Ventures


      Boomerang Commerce, a Bangalore based company which provides a dynamic price optimization product to online retailers, has raised $8.5 million in Series A funding from Madrona Venture Group and Trinity Ventures.

      The company will be using this investment to build retail applications on top of its platform and expand its engineering & go-to-market team. Post this investment, Scott Jacobson from Madrona Venture Group and Karan Mehandru from Trinity Ventures will be joining Boomerang’s board.

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    10. Capillary Technologies raises $14M from Sequoia & Norwest


      Cloud-based CRM startup Capillary Technologies has raised $14 million in Series B funding led by existing investors Sequoia Capital and Norwest Venture Partners.

      The company will be using this investment to improve its cloud-based integrated marketing platform and grow its partnership ecosystem which includes Blue Label Engage in South Africa and the American Express’s Global Merchants Services group in the United States.

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    11. Aircel launches 4G services in four circles; No word on rollout dates yet

      Airtel finally has competition for 4G services: Telecom operator Aircel has became the second telco to launch 4G services in the country.

      The telco said that it will be initially offering 4G services in four circles namely Andhra Pradesh, Assam, Bihar and Odisha. However, it hasn’t disclosed any information on the availability or the tariff of its 4G service. Note that Aircel had secured 4G spectrum in eight circles, during the BWA auctions in June 2010.

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      Mentions: Airtel Aircel BWA
    12. Can someone own common expressions? Bombay High Court says no

      Riteish Deshmukh’s Marathi debut film, Lai Bhaari got embroiled in an Intellectual Property Right (IPR) tussle with a Mumbai-based social networking site LaiBhaari.com earlier this month, reports Spicy IP.

      The four-year old Marathi social networking site claims to have obtained a trademark for the popular Marathi phrase ‘Lai Bhaari’, and wanted the filmmakers to change the title of the film.

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    13. Datawind raises C$30M in a shaky IPO at Toronto Stock Exchange

      Canadian tablet manufacturer Datawind, known for making the Aakash tablets, has raised C$30 million (around $27.86 million) from its initial public offering (IPO) on the Toronto Stock Exchange last week.

      Through this offering, Datawind has issued 6.32 million common shares (6,316,000 common shares) at a price of C$4.75 per share at a pre-IPO market cap of C$104 million.

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    14. Yahoo APAC revenues down 8.3% YoY to $177.5M for Q2 2014

      Yahoo has reported Asia Pacific revenues (excluding traffic acquisition costs) of $177.5 million for the quarter ended June 30, 2014, registering a 8.3% decline from $193.5 million in the same quarter last year.

      Including the traffic acquisition costs, the total revenue for the region was at $180.8 million for the quarter, down 13.6% from $209.3 million in the same quarter last year.

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      Mentions: Apac
    15. Govt Services going online: Taj Mahal Tickets, UGC Complaints, Forest Approvals, NIESBUD Jobs

      Taj Mahal tickets to be available online

      The Union minister of State for culture and tourism, Shripad Naik has said tickets to visit the Taj Mahal will be available online before the end of this financial year, reports TOI. The Ministry is also considering to allow viewing of the monument on full moon nights from Mehtab Bagh, located right opposite the Taj Mahal, across the river Yamuna. More at The Times of India.

      Online student grievance portal

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    16. Urban Ladder raises $21 million from Steadview Capital & others


      Bangalore-based online furniture store Urban Ladder has raised $21 million (around Rs.120 crore) from Hong Kong-based Steadview Capital, and existing investors SAIF Partners and Kalaari Capital, reports The Times of India.

      Urban Ladder is looking to use this investment to expand its presence to 25 cities from existing seven cities and launch more categories.

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    17. Facebook-Palgarh Case: NHRC wants Maharashtra Govt pay the girls Rs 50,000 each

      The National Human Rights Commission has issued a statement, wherein it has “reiterated its recommendations in yet another reminder that the Government of Maharashtra pay Rs 50 thousand each to the two girls, who, it held, were illegally detained by the police following a facebook post after the death of Shiv Sena Chief Bal Thackeray. The Commission has held that their detention was in violation of freedom of speech and expression of views guaranteed in the Constitution of India.”

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    18. Reliance ADA Group and Bertelsmann’s owned RTL terminate content JV

      Anil Ambani’s Reliance ADA Group has terminated its content joint venture with European entertainment network RTL, part of the German multinational media company,Bertelsmann. Both companies had an equal 50% equity interest in the limited liability JV company, which was formed in 2011. RBNL is struggling with losses, and has recently delisted from the BSE.

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    19. Onmobile completes Voxmobili sale to Synchronoss for $26M; Litigation settlement

      OnMobile Global has sold VoxMobili SA to Synchronoss Technologies for $26 million, saying that “The sale of Voxmobili is directly in line with OnMobile’s strategy of focusing on its core products.” Does this mean that Onmobile doesn’t see data products as being core to its business? The last time OnMobile mentioned VoxMobili was in 2012 concall when it said that the company plans to bring some data products made by the French unit to India.

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    20. Bharti sells Beetel’s majority stake to Brightstar; The Softbank connection

      Bharti Enterprises has inked an agreement to sell majority stake in Beetel Teletech Limited to a subsidiary of the US-based Brightstar Corp for an undisclosed amount.

      Brightstar mentions that this acquisition will enable to distribute mobile devices and accessories from popular manufacturers through Beetel’s distribution channels in the country. Beetel claims to currently have a B2B distribution reach of 500 distributors and partners, 10,000 retailers and 28 warehouses across India.

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    21. You can now access Gmail in Nepali & 12 other languages


      Google has added support for 13 new languages including Nepali in Gmail on the web and feature phone browsers.

      With this, the company claims that Gmail is now available in 71 languages, up from 58 languages before. It currently supports nine Indian languages including Hindi, Kannada, Bengali, Tamil, Telugu, Gujarati, Marathi and Malayalam.

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