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    1. Airtel adds 1.46M active connections; lower than Jio’s 2.23M active additions: TRAI

      Airtel adds 1.46M active connections; lower than Jio’s 2.23M active additions: TRAI

      India lost 4.02 million active mobile connections in August 2017, with Airtel, Idea, Reliance Jio and Vodafone accounting for 75% of total active mobile connections in India, according to data released by TRAI. Each and every telecom operators lost their active connections except Airtel and Reliance Jio in August 2017.

      The Active connection data represents peak VLR (Visitor Location Register) data for the month. Some stats:

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      Mentions: Airtel Vodafone Bsnl
    2. JustDial earnings call: headcount reduction, vernacular languages, messaging etc

      JustDial earnings call: headcount reduction, vernacular languages, messaging etc

      Online classifieds company and local search company JustDial reported a net profit of Rs 37.5 crore for the quarter ended September (Q2FY18), an increase of 26.5% YoY. This quarter, the company reduced its headcount from 11,262 last quarter to 10,892, a decline of 3%. JustDial’s management discussed the reasons for the same and its future plans.

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      Mentions: Google GST Mani
    3. DEN Networks had 205K broadband subs in Q2FY18; Data usage up 53%

      DEN Networks had 205K broadband subs in Q2FY18; Data usage up 53%

      Multi-System Operator DEN Networks had 205,000 broadband subscribers for the quarter ended September 2017 (Q2 FY18), which is up 46.24% from 140,000 subscribers in the same quarter last year. During the quarter, the operator added close to 12,000 new broadband subscribers, lower than the 16,000 subscribers it added in the last quarter.

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    4. RCOM reports Rs 2700 crore loss for Q2-FY18; India Revenues down 51.8% YoY

      RCOM reports Rs 2700 crore loss for Q2-FY18; India Revenues down 51.8% YoY

      Anil Ambani’s Reliance Communications (RCOM) has posted a loss of Rs 2700 crores for the quarter ended September 30th 2017, more than doubling from the Rs 1221 crore loss reported last quarter. In the same quarter last year, RCOM had reported a profit of Rs 51 crore. RCOM, which was always far less profitable than other major telecom operators, slipped into losses after the launch of Reliance Jio, and its rollout of cheaper data plans.

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    5. Top 10 stories of the week: November 06th to 12th November 2017

      Top 10 stories of the week: November 06th to 12th November 2017

      In no particular order, here are MediaNama’s top 10 stories of the week ended 12th November 2017

      MediaNama would like to thank its sponsors: Info Edge, PhonePe & E2E, for their support.

      Saregama’s unexpected hardware success: Carvaan

      Music and entertainment company Saregama is basking in the success of Carvaan, a retro-looking portable audio player, which packs in 5000 old Hindi movie songs, and also doubles up as an FM radio.

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    6. Jagran Prakashan’s digital ad revenue grew 33.9% YoY to Rs 8.46 Cr in Q2FY18

      Jagran Prakashan’s digital ad revenue grew 33.9% YoY to Rs 8.46 Cr in Q2FY18

      Jagran Prakashan Limited (JPL), which owns the Hindi daily newspaper Dainik Jagran, has reported consolidated operating revenues of Rs 566.55 crores for the quarter ended September 30, 2017 (Q2 FY18), which is up marginally by 2.11% year-on-year (YoY) from Rs 554.83 crores posted in the same quarter last year (Q2 FY17). However, it is down 4.19% from Rs 591.33 crores posted in the previous quarter (Q1 FY18).

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    7. State of Indic language usage across languages, apps, app categories & more: Reverie

      State of Indic language usage across languages, apps, app categories & more: Reverie

      Bangalore-based Reverie Language Technologies, which runs a Language-as-as-Service platform and provides localization services for Indic languages such as local-language translation, transliteration, device input, and search via its set of APIs, has released a report on the state of Indic language usage in the country. The report is based on aggregate usage data compiled from Indic Keyboard Swalekh Flip app between January and June 2017. Swalekh Flip supports 22 Indian languages plus English.

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    8. Industry moves digest: HouseJoy, MobiKwik, Practo and Zoomcar

      Industry moves digest: HouseJoy, MobiKwik, Practo and Zoomcar

      On-demand services company HouseJoy has appointed Bhaskar Raju Konduru as its new Chief Technology Officer. Prior to his appointment, Konduru has worked on various senior technology roles in startups including redbus.in. He is also a co-founder of Growthstory-backed edtech startup HelloClass, where he served as CTO for about 2 years.

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    12. JustDial denies that it is in acquisition talks with Google

      JustDial denies that it is in acquisition talks with Google

      JustDial has denied that it is in acquisition talks with Internet giant Google following a news report, the company informed stock exchanges. “We would like to clarify that as of now there is no proposal in respect of the acquisition of the business of Just Dial by Google and news published in Business Standard dated 10 November, 2017 is factually incorrect” the company said.

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    13. Intrasoft’s revenues up 31% YoY to Rs 286.99Cr in Q2FY18

      Intrasoft’s revenues up 31% YoY to Rs 286.99Cr in Q2FY18

      Intrasoft Technologies Limited, which runs the multi-channel e-commerce retail platform 123Stores.com, posted revenues of Rs 286.99 crores for the quarter ended September 30, 2017 (Q2 FY18), up 31% year-on-year (YoY) from Rs 218.96 crore in the same quarter last year. In the previous quarter, the company had posted revenues of Rs 260.16 crore. Operating income for the quarter stood at Rs 6.28 crore, up 28% YoY from Rs 4.90 crore in Q2 FY17.

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    14. Funding Digest : Crayon Data, Fisdom, Farmlink, Doctalk, and others

      Funding Digest : Crayon Data, Fisdom, Farmlink, Doctalk, and others

      Crayon Data secured funding from Infosys’s Kris Gopalakrishnan

      Singapore and Chennai based big data and AI startup Crayon Data Pte Ltd has secured an undisclosed amount of funding from Infosys co-founder Kris Gopalakrishnan. The investment is part of Crayon’s Series A2 round of funding. Previous investors include Jungle Ventures, Tata Sons chairman emeritus Ratan Tata and Mitsui & Co., Ltd. and many prominent angels. The company was founded in 2012 by Srikant Sastri and Suresh Shankar.

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    15. Aadhaar Watch: Aadhaar-mobile linking updates, PAN, re-enrollment & more

      Aadhaar Watch: Aadhaar-mobile linking updates, PAN, re-enrollment & 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:

      Aruna Sundararajan, secretary in the Department of Telecommunications (DoT) has said that mobile numbers that aren’t connected to Aadhaar will not be disconnected till the Supreme Court has passed its final judgement in the Aadhaar cases pending before it, reports PTI.

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    16. NDTV’s digital revenues up 13.3% YoY to Rs 34 crores, profitable; TV struggles

      NDTV’s digital revenues up 13.3% YoY to Rs 34 crores, profitable; TV struggles

      NDTV’s digital business reported profits of Rs 7 crores on revenues of Rs 34 crores for the quarter ended 30th September 2017, even as the group continued to make losses. Revenues for the digital business were down quarter-on-quarter (from Rs 38 crores), and 13.3% up from Rs 30 crores last year. For the half year, NDTV Convergence revenues increased by 35%, on a YoY basis, it said.

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    17. Payments and fintech roundup: Sodexo, Fino Payments Bank, Benow and LoanMeet

      Payments and fintech roundup: Sodexo, Fino Payments Bank, Benow and LoanMeet

      Employee benefits provider Sodexo has partnered with Bangalore-based Goodbox. With this, employees can use Sodexo Meal cards while ordering food at workplaces. Note that Goodbox is also piloting home delivery of groceries from select merchants in Bangalore and Meal card holders can order food and non-alcoholic beverages on the Goodbox app. Sodexo has also partnered with online grocery delivery startup Grofers where users can use the meal card for payments.

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      Mentions: ATM Mother Dairy
    18. BHIM accounted for only 10% of UPI transactions in October 2017

      BHIM accounted for only 10% of UPI transactions in October 2017

      The Bharat Interface for Money (BHIM) UPI app saw transactions of 7.6 million for the month of October 2017, and transactions worth Rs 2,348.7 crore, actually declining when there was massive growth in UPI payments.

      There were 76.7 million UPI transactions in October, with Rs 7,057.8 crore being transacted. Thus, BHIM processed only 10% of all UPI transactions and accounted for 33% of the amount transacted in October.

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    19. Zee’s Punit Goenka says content deal with Jio doesn’t allow mirroring on TV

      Zee’s Punit Goenka says content deal with Jio doesn’t allow mirroring on TV

      Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka doesn’t believe that the company’s content deal with Reliance Jio allows mirroring of the content on TV.

      The JioPhone that Reliance Jio announced earlier this year, and has subsequently launched, comes with a cable which allows mirroring of content on TV.

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    20. Zee Entertainment ad revenues grow by 2.9% in Q2FY18

      Zee Entertainment ad revenues grow by 2.9% in Q2FY18

      Zee Entertainment Enterprises Ltd, which operates entertainment channels such as Zee TV and Zee Cinema reported consolidated revenue of Rs 1582.1 crore for the quarter ended June 30, 2017 (Q1 FY18).  This represents a dip of 6.7% from Rs 1695.4 crore in the same quarter last year. In the previous quarter, total revenues stood at Rs 1540.3 crore.

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    21. Saregama plans to launch a movie every month, targeting online video services

      Saregama plans to launch a movie every month, targeting online video services

      Ownership of IP is turning out a big incentive for producers to switch to online streaming services, and might end up forcing a change in how TV producers work with them.

      In its earnings conference call, music and entertainment company Saregama said that they’ll be getting into film production, and the approach is in consonance with their philosophy of owning the intellectual property of the content that they create.

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      Mentions: Vikram Mehra Sun TV
    22. Star Sports bags New Zealand Cricket broadcasting rights for 3 years

      Star Sports bags New Zealand Cricket broadcasting rights for 3 years

      Star India’s sports arm Star Sports has acquired the broadcast and digital rights for New Zealand Cricket (NZC) including all men’s and women’s international matches being organized Indian subcontinent and South-East Asia till 2020. Previously, the rights were held by Sony Pictures Network India (SPN), and this is another instance of Star wresting away rights from other broadcasters.

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    23. TRAI asks DTH operators to enable UPI and Bharat QR and spend money promoting digital payments?

      TRAI asks DTH operators to enable UPI and Bharat QR and spend money promoting digital payments?

      The Telecom Regulatory Authority of India has issued an “advisory” to all DTH Operators to enable, specifically, UPI payments and the Bharat QR code, saying that DTH operators “may” enable digital payments through UPI and onboard billers on the Bharat Bill Payments System, print the Bharat QR code on DTH bills, apart from sending pull requests to customers through their virtual payment address on a UPI enabled app.

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