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    1. #NAMAcloud: Basic cyber security, regulatory issues, challenges in adopting cloud

      #NAMAcloud: Basic cyber security, regulatory issues, challenges in adopting cloud

      This June, MediaNama held an open house discussion on Securing Online Data, supported by Microsoft and Akamai. This is Part 3 of our coverage of the discussion, which looks into basic cyber security measures for organizations, regulatory issues, and the challenges of adopting cloud in India. Here... ...

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    2. Samsung Pay now gets Mobikwik

      Samsung Pay now gets Mobikwik

      The Mobikwik wallet has joined Samsung Pay’s list of partners, making it one of the payment solutions available on the Samsung Pay app, reports PTI, adding that Mobikwik has over 55 million users and 1.4 million merchants. Samsung Pay’s website lists Paytm as its “current wallet partner” for the primary Samsung Pay app, while Mobikwik is listed as a partner, along with Paytm, for the Samsung Pay Mini app. Mobikwik says it will be available on Samsung Pay soon.

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    3. SP Jain college moves to Amazon Kindle, but who owns the textbooks?

      SP Jain college moves to Amazon Kindle, but who owns the textbooks?

      Mumbai’s SP Jain Institute of Management and Research has partnered with Amazon India to move MBA textbooks to Kindle e-readers, with each participant given a Kindle with e-copies of books and other reading material. According to a note from Amazon, over 50% of the textbooks for the new batch of Post Graduate Diploma in Management, are available on the Kindle, apart from case studies from Harvard Business Publishing and other reading material.

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      Mentions: Pearson MBA
    4. LazyPay partners Ridlr for Mumbai bus and metro ticket payments

      LazyPay partners Ridlr for Mumbai bus and metro ticket payments

      PayU owned LazyPay, a deferral payment facility which will allow users to purchase now and pay later, has partnered with mass transit aggregator app Ridlr. Ridlr users can now pay for their Mumbai local bus and metro rides using the pay later option. Users can make multiple pay later transactions via LazyPay and make the payment for all their tickets at one go, within 15 days from the date of the transaction.

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    5. On Mumbai Police’s FIR against AIB for putting a snapchat filter on Narendra Modi’s photo

      On Mumbai Police’s FIR against AIB for putting a snapchat filter on Narendra Modi’s photo

      It’s deja vu all over again. Mumbai Police has apparently registered a First Information Report against comedy group All India Bakchod, after they tweeted a photo of Indian Prime Minister Narendra Modi (of the BJP) with a Snapchat dog filter. This is a little over a year and a month after an... ...

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    6. Uber drivers are employees, says South Africa’s Labour Commission

      Uber drivers are employees, says South Africa’s Labour Commission

      South Africa’s Commission for Conciliation, Mediation and Arbitration (CCMA) has ruled that Uber drivers are employees and not independent contractors, and can form unions, engage in collective bargaining and exercise the right to strike. This ruling was part of an unfair dismissal dispute brought before the CCMA by a group of former Uber drivers.

      Some of the key arguments put forth by the former Uber drivers were:

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      Mentions: Uber Airbnb Uber BV
    7. India and Bangladesh sign MoU for cyber security cooperation

      India and Bangladesh sign MoU for cyber security cooperation

      The Indian Computer Emergency Response Team (CERT-In) and its Bangladeshi counterpart Bangladesh Government Computer Incident Response Team (BGD e-Gov CIRT) have signed a Memorandum of Understanding (MoU) on cyber security cooperation. The MoU was originally signed in April 2017, and will be implemented through a Joint Committee on Cyber Security, which is yet to be set up. As per the MoU, CERT-In and BGD e-Gov CIRT will:

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    8. Tata Sons names Aarthi Subramanian as Chief Digital Officer

      Tata Sons names Aarthi Subramanian as Chief Digital Officer

      Tata Sons recently appointed Aarthi Subramanian as the group’s Chief Digital Officer, as per this PTI report.  At Tata, Subramanian will drive digital adoption across group companies as well as the group’s digital initiatives, the report said. Subramanian will report to N Chandrasekaran, Chairman of Tata Sons and will assume her new role in August this year.

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    9. Uber and Yandex merge taxi-hailing businesses in Russia and five neighbouring countries

      Uber and Yandex merge taxi-hailing businesses in Russia and five neighbouring countries

      Online cab-hailing company Uber and Russian search engine major Yandex have agreed to merge their taxi-hailing businesses in Russia, Azerbaijan, Belarus, Kazakhstan, Armenia, and Georgia. The agreement will also include the food delivery business UberEATS. Uber will invest $225 million into the merged entity for a 36.6% stake. On the other hand, Yandex will invest $100 million for a majority 59.3% stake. The remaining 4.1% stake will be held by employees of the merged entity on an FD basis.

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      Mentions: Yandex Uber
    10. Infibeam board approves CCAvenue acquisition

      Infibeam board approves CCAvenue acquisition

      Infibeam’s board has approved the acquisition and amalgamation of payment gateway company Avenues India (CCAvenue), the company has told the stock exchanges. It’s going to be an all stock deal: with 260 shares of Infibeam being given for every 100 shares shares of CCAvenue. The acquisition values CCAvenue at a net worth of Rs 123.54 crores, while valuing Infibeam at a consolidated net worth of Rs 781.82 crores, as on March 31st 2017 (FY17).

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    11. Aadhaar Watch: Constitution bench on Aadhaar, 67 Cr bank accounts linked and more

      Aadhaar Watch: Constitution bench on Aadhaar, 67 Cr bank accounts linked and more

      An overview of recent news related to Aadhaar, which points towards the increase in government schemes being linked to the scheme, and issues faced by citizens:

      SC Constitution bench will hear challenges to Aadhaar on July 18 and 19

      Chief Justice of India (CJI) J S Khehar and Justice D Y Chandrachud have fixed July 18 and 19 as the dates when a 5-judge Constitution bench will hear challenges to the Aadhaar Act, 2016, including the prickly issue of Aadhaar violating citizen’s privacy rights and the issue of Aadhaar having been made mandatory for several social welfare schemes. Last ...

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    12. Zee Digital Convergence reports Rs 18.9 crores turnover, Rs 45.1 crore loss in FY17

      Zee Digital Convergence reports Rs 18.9 crores turnover, Rs 45.1 crore loss in FY17

      In 2016-17 (FY17), Zee Digital Convergence Ltd, the company that houses two of the Zee Group’s digital businesses – DittoTV and OZEE – reported a turnover of Rs 18.9 crores, and a loss after tax of Rs 45.1 crores, according to the Annual Report from its parent company ZEEL, which houses the Zee Group’s entertainment businesses.

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    13. Finally, Facebook Messenger Lite for Android arrives in India

      Finally, Facebook Messenger Lite for Android arrives in India

      Nine months after Facebook Messenger Lite was first launched in Kenya, Tunisia, Malaysia, Sri Lanka and Venezuela, and about three months after it was expanded to 150 additional countries, it has finally arrived in India. Messenger Lite, which is targeted at people/markets with “slower-than-average Internet speeds and a prevalence of basic Android smartphones”, is under 10MB in size and is available in the Play Store.

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      Mentions: Facebook Lite
    14. HotStar gets Showtime content

      HotStar gets Showtime content

      STAR India owned video streaming service HotStar will make content from Showtime available on their paid subscription service. The deal with Showtime parent CBS Corporation covers streaming video, on-demand content licensing and a trademark agreement for Showtime in India. Content which will be provided on HotStar Premium includes existing shows like ‘The Affair’, ‘Billions’, ‘Ray Donovan’, and the recently launch ‘I’m dying here’.

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    15. Amazon invests Rs 130 crore in payments arm Amazon Pay India

      Amazon invests Rs 130 crore in payments arm Amazon Pay India

      Amazon has invested an additional Rs 130 crore ($20.17 million) into its payments arm Amazon Pay (India) Pvt. Ltd., reports ETtech. The investment was made in June through Singapore-based Amazon Corporate Holdings Pvt. Ltd. and Amazon Mauritius. This after infusing Rs 67 crore ($10.46 million) into Amazon Pay, in May this year.

      Over the last couple of months, Amazon has also invested:

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    16. Yatra’s Annual Report for 2017: Some notes

      Yatra’s Annual Report for 2017: Some notes

      OTA Yatra reported revenues of Rs 934.5 crore for the financial year ended 31st March 2017, up 12% from Rs 833.8 crore in the previous financial year. The company posted net losses of Rs 593.7 crore, up from 124.3 crore losses in FY16.

      Yatra reported Gross Bookings of Rs 6905.2 crore, up 16.1% from Rs 5949.7 crore from FY16. Importantly, Net Revenue (Revenue less Service Cost) for the company was Rs 520.26 crore, up 23.6% from Rs 420.75 crore the previous year.

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    17. MediaNama’s Take on Paytm buying event ticketing platform Insider.in for Rs 35 crore

      MediaNama’s Take on Paytm buying event ticketing platform Insider.in for Rs 35 crore

      By Riddhi Mukherjee and Nikhil Pahwa

      Paytm has acquired a majority stake in Only Much Louder’s (OML) online event ticketing platform Insider.in for Rs 35 crore. OML CEO Vijay Nair confirmed this to MediaNama and said that Insider.in was performing well and they felt it was the right time to partner with Paytm, which has been doing well in the online ticketing business, to further grow the platform. Insider.in founder Shreyas Srinivasan will now take over as CEO.

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    18. Google acquires Bangalore based AI startup Halli Labs

      Google acquires Bangalore based AI startup Halli Labs

      Google has acquired Bangalore-based Halli Labs, which focuses on Artificial Intelligence (AI), Machine Learning (ML) and Neuro-Linguistic Programming. Halli Labs will be joining Google’s Next Billion Users team, which is primarily focused on mobile and aims to address issues such as low bandwidth & intermittent connectivity, conserving data usage, reducing battery consumption, developing multi-device content, supporting more digital payments systems, and creating localised content among others.

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    19. Facebook allows advertisers to place ads in Messenger home screen

      Facebook allows advertisers to place ads in Messenger home screen

      Facebook will start placing ads in its Messenger app’s home tab screen globally. These ads were first tested in Australia and Thailand this January. As it was testing home screen ads in those countries, Facebook said in a blog post that advertisers will be “able to place an ad in an area of Messenger below your recent conversations”.

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