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    1. MTNL to enable advertisers to insert pop up ads in user’s browser

      MTNL to enable advertisers to insert pop up ads in user’s browser

      MTNL is seeking external advertisers to insert pop-up ads in browsing sessions of consumers connected to MTNL Wi-Fi connections through their laptops, mobile phones or tablets. MTNL will be charging Rs 150 per 1000 impressions from the advertisers/brands. Note that the rates vary between Rs 150 and Rs 200 depending on the media agency running the CPM campaign for MTNL. Apparently, the maximum number of pop-up ads per device per day is restricted to 5.

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      Mentions: Zeel Mtnl CPM
    2. Hero Group’s Munjal family forays into electronics buying majority stake in Mybox

      Hero Group’s Munjal family forays into electronics buying majority stake in Mybox

      Hero MotoCorp’s Munjal family has entered the electronics business and has acquired a majority stake in set top box manufacturer MyBox Technologies, reports Mint. However the company issued a clarification on the Bombay Stock Exchange that the deal is done by the Munjal family and not by Hero Motocorp. “The company has no information about this investment. However we confirm that this investment has never been discussed in the board meeting of the company.

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    3. Industry moves: Jabong, Flipkart, Snapdeal and OgilvyOne

      Industry moves: Jabong, Flipkart, Snapdeal and OgilvyOne

      Jabong has appointed Jai Vohra to head women’s fashion at the platform, replacing Manjula Tiwari, reports ET Tech. He also heads Jabong’s sourcing business. Vohra previously worked as the director and business head for Jabong’s marketplace for 6 months, before which he was the director of projects for two years. Vohra worked as an associate at A T Kearney for almost 4 years and before that, he worked as the area sales manager at Tata Motors for about 3 years.

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    4. Foxconn to start making Xiaomi phones in India

      Foxconn to start making Xiaomi phones in India

      Foxconn, a Taiwan based electronics contract manufacturing company, will start making Xiaomi phones in Andhra Pradesh, India, reports The Economic Times. The report mentions that this plant will be a small scale unit with a capacity to manufacture about 10,000 phones a day. However, it’s not clear when Foxcon plans to start making Xiaomi phones at this factory. Apparently, Foxconn plans to set up 10-12 manufacturing units in India, and invest about $2 billion over the next five years.

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    5. Fitbit to launch in India next month; preorders live on Amazon

      Fitbit to launch in India next month; preorders live on Amazon

      Fitness tracking company Fitbit is launching in India in the first week of July, reports BGR India. To start off, the device maker has entered into an exclusive tie up with Amazon to sell its devices, but will eventually look at expanding into offline retail as well. Fitbit also set up an office in Delhi to handle its India operations. Fitbit had earlier announced its intentions to enter India, Indonesia, Taiwan and Philippines markets by 2015, in November last year.

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    6. I don’t know

      I don’t know

      . what has been blocked – which site, which URL. why. who asked for it to be blocked. when it was ordered to be blocked. My ISP’s customer care rep cannot explain it. I’m not able to access the site. It’s frustrating. A notice on the site says that the DoT has asked for it to be blocked, or a court. whether it’s the DoT or the court, or why. I want to read the site, but who to ask for help. People ping me on Twitter telling me they’re unable to access some sites, but I ...

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      Mentions: Airtel URL Bsnl
    7. Reliance Jio in 2014-15: FY15 results, Jio Chat, Wi-Fi services, spectrum auctions & more

      Reliance Jio in 2014-15: FY15 results, Jio Chat, Wi-Fi services, spectrum auctions & more

      Reliance Industries Limited’s (RIL) telecom & digital arm Reliance Jio Infocomm, which recently confirmed that it will commence commercial operations by December this year, finally saw some activity in 2015, launching a chat service and rolling out WiFi on a pilot basis at some locations. A lowdown on highlights from Jio in 2014-15: Financials Jio reported operating revenues of Rs 415 crore for FY15, down 24% from Rs 546 crore operating revenues in FY14.

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    8. Pratham Books launches crowdsourcing platform for children’s books

      Pratham Books launches crowdsourcing platform for children’s books

      Non profit trust Pratham Books has launched DonateABook, a crowdsourcing platform which will let nonprofits and schools raise funding for books in order to provide them to Indian children. It will connect book seekers with people who have books to give away. As of now, there are 6 campaigns on the website, looking to raise between Rs 3,500- Rs 110,000 for Bangalore, Delhi, Pondicherry and Coimbatore.

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      Mentions: Google Gautam John
    9. Google’s News Labs wants to give journalists new tools for reporting

      Google’s News Labs wants to give journalists new tools for reporting

      Google has launched a new initiative called News Labs which is looking to help journalists sharpen their digital skills for reporting. “From Maps to YouTube to Fusion Tables to Earth to Search, we offer many tools that newsrooms can use in their reporting and storytelling. Now, journalists around the world can access tutorials on these products created specifically for newsrooms,” Steve Grove, director of News Labs said in a blog post.

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    10. Shop CJ appoints Dhruva Chandrie as its chief sales officer

      Shop CJ appoints Dhruva Chandrie as its chief sales officer

      Home shopping network Shop CJ has appointed Dhruva Chandrie as its chief sales officer. Chandrie will take charge of this new role within this week and will be based out of the Mumbai office. In his new position, he will be responsible for operations and procurement. Prior to Shop CJ, Chandrie was the chief operating officer for HomeShop18, a role he was appointed to in April 2014. Before this he was serving as the chief operating officer – retail at Videocon Telecommunications for over a year.

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    11. SAIF Partners and Matrix Partners invest $6 million in Treebo

      SAIF Partners and Matrix Partners invest $6 million in Treebo

      SAIF Partners and Matrix Venture Partners have invested $6 million in tech-enabled budget hotel chain Treebo. The company was founded earlier this year by former Myntra executives Sidharth Gupta and Rahul Chaudhary, along with Kadam Jeet Jain. Treebo is currently active only in Bangalore and claims an inventory of over 200 rooms so far in St. Marks Road, Koramangala and M.G. Road.

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    12. Finance ministry considering tax rebates for debit and credit card transactions

      Finance ministry considering tax rebates for debit and credit card transactions

      In a bid to boost transactions using debit cards and credit cards, the finance ministry is mulling providing tax benefits to merchants for accepting electronic payments. According to a draft proposal (pdf), the ministry is considering extending a tax rebate to a merchant if at least say 50% value of the transactions is through electronic means. Alternatively, 1-2% reduction in value added tax could be considered on all electronic transactions by the merchants, the ministry added.

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    13. Indian Pharmacists Association writes to DGCI protesting online pharmacies

      Indian Pharmacists Association writes to DGCI protesting online pharmacies

      The Indian Pharmacists Association (IPA) has written a letter to the Drugs Controller General of India (DCGI) for not allowing ecommerce companies and online pharmacies to sell medicine and drugs in India. Abhay Kumar, national president of the IPA told MediaNama that the moves of the DCGI is in contravention of the Drugs and Cosmetics Act which says that drugs can be dispensed only in registered pharmacies and cannot be sold online.

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    14. Tracxn raises $10 million to fund startup incubator TracxnLabs

      Tracxn raises $10 million to fund startup incubator TracxnLabs

      Tracxn, a research platform for private market investors, has raised $10 million in a round of funding led by Sachin Bansal and Binny Bansal of Flipkart along with other individual investors, reports iamwire. The platform will use the funding to launch an incubator called TracxnLabs, which will invest $20,000 to $50,000 in various startups. Note that Tracxn had recently raised $3.5 million in a round of funding led by SAIF partners in April this year.

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    15. Funding roundup: Minio, Moovo, Cakart and SkillAngels

      Funding roundup: Minio, Moovo, Cakart and SkillAngels

      (By Mohammed Rumman and Sneha Johari) Minio raises $3.3 million led by General Catalyst, Nexus Venture Partners Open source-based cloud object storage start up Minio has raised $3.3 million in seed funding led by General Catalyst Partners and Nexus Venture Partners, with participation from Yahoo co-founder Jerry Yang’s AME Cloud Ventures, Index Ventures, Mark Leslie, Brian Stevens, Ben Golub, Lanham Napier and Andrew Feldman, reports Techcircle.

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    16. Starsports extends Indian hockey broadcasting rights

      Starsports extends Indian hockey broadcasting rights

      Star Sports has extended its broadcasting rights for Hockey India league matches and international hockey matches hosted by the sports body for another three years, reports Indiantelevision.com. The rights also include streaming on its mobile and Internet platform, Hotstar. Star India is betting big on its sports coverage in India and had said it will invest Rs 20,000 crore and had earmarked Rs 1,500 for hockey.

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    17. Nokia looking to re-enter mobile phone biz in 2016, confirms CEO Rajeev Suri

      Nokia looking to re-enter mobile phone biz in 2016, confirms CEO Rajeev Suri

      Nokia is indeed planning on returning to the mobile phones business in 2016, after its contract clause with Microsoft preventing it from using its brand name on handsets expires, Nokia CEO Rajeev Suri told the German language publication Manager Magazin. Suri told the publication that Nokia will simply design the phones and subsequently make its brand name available to be licensed.

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    18. FundsIndia raises $11M from Faering Capital and existing investors

      FundsIndia raises $11M from Faering Capital and existing investors

      Chennai-based Wealth India Financial Services (WIFS), the company behind online investment services platform FundsIndia.com, has raised Series C funding worth $11 million led by Faering Capital and follow on investments from existing investors Foundation Capital and Inventus Capital Partners, reports VCCircle. FundsIndia will use the funds to expand its online financial services across the country and add to its service offerings, with a focus on mobile platforms.

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    19. Hansa Cequity raises Rs 30 crore from private equity firm ASK Pravi

      Hansa Cequity raises Rs 30 crore from private equity firm ASK Pravi

      Mumbai-based marketing analytics firm Hansa Cequity has raised Rs 30 crore (~$4.7 million) in a round of funding from the private equity firm ASK Pravi, reports VCCircle. The company will use the funds to expand globally, although it did not mention which countries. This is the company’s first round of funding.

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    20. Rcom, Mts India merged entity will have third largest mobile Internet users base

      Rcom, Mts India merged entity will have third largest mobile Internet users base

      Reliance Communications (RCOM) and the Indian telecom business of Sistema Shyam Teleservices Ltd (SSTL), MTS India, recently entered into discussions for a potential merger of the two companies through a stock swap. Assuming that the merger does go through, let’s take a look at where the combined entity stands in the Indian telecom industry at present: – As of April 2015, MTS India has 8.84 million active mobile connections, while Reliance Communications has 109.8 million active mobile connections. – The combined entity, with 118.64 million active mobile connections will be the fourth largest telco in the country, behind ...

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    21. State Bank of India launches online forex trading platform

      State Bank of India launches online forex trading platform

      State Bank of India (SBI), the country’s largest lender, has rolled out a new Internet platform that allows customers to book foreign exchange transactions online. The platform called SBI e-forex allows customers to get foreign exchange rates without visiting the branch, customize and set their own limits for deal size, and daily transaction limits. Details of all deals made will also be available on a real-time basis.

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    22. Weekly Digest (12th-19th June 2015)

      Weekly Digest (12th-19th June 2015)

      MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet, Akamai, Ndtv and E2E for their support. – 3.16 Million Mobile Number Portability Requests In India In April 2015 – 869 Million Active Mobile Connections In India in April 2015 Investment & M&A – Star India to acquire MAA TV’s broadcast biz for Rs 2500 crore – JiffStore secures investment from Unitus Seed Fund & Times Internet – News Corp increases PropTiger stake to 30% – SEBI allows foreign venture funds to register as FPIs – India Value Fund gets approval to acquire 100% in ACT broadband – Reliance Communications in discussions to merge with MTS ...

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    23. HealthifyMe raises its second round of funding a month after its first

      HealthifyMe raises its second round of funding a month after its first

      Online fitness services provider HealthifyMe has raised an undisclosed amount in its second round of funding from various angel investors including, Gopal Srinivasan (TVS Capital), Sashi Reddi (AppLabs), Amit Gupta (InMobi), Pallav Nadhani (FusionCharts) and Dr Roopa Nath. The company had raised an undisclosed sum in its first round of funding from Micromax just last month.

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    24. Google’s Play Store vouchers in India are from offshore entity; To add more retail partners

      Google’s Play Store vouchers in India are from offshore entity; To add more retail partners

      In our report on Google’s Play Store vouchers in India, we’d raised some questions regarding whether Google needs a semi-closed prepaid wallet license in India, since it allows the purchase of products (apps) from third party vendors (app developers) using a stored value card (Gift card vouchers). It isn’t a closed wallet, because you’re not only buying Google products using the vouchers.

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    49-72 of 11540 « 1 2 3 4 5 6 ... 479 480 481 »
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