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    1. Uber ties up with Reliance Jio for wallet payments

      Uber ties up with Reliance Jio for wallet payments

      Jio Money, the mobile wallet from Reliance Jio, will now be a payment a payment option for cab rides on Uber. As a part of the agreement, Jio Money users will be able to request and pay for Uber rides from within the wallet app. Uber will gradually rollout the JioMoney payment option for its users across the country, the companies added.

      As a part of the promotion, Jio Money and Uber will offer exclusive incentives to every user paying for Uber rides through the mobile wallet.

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    2. What to read to understand the Fake News issue

      What to read to understand the Fake News issue

      “Something has changed”, German Chancellor Angela Merkel told the German Parliament last year. “Opinions aren’t formed the way they were 25 years ago. Today we have fake sites, bots, trolls — things that regenerate themselves, reinforcing opinions with certain algorithms and we have to learn to deal with them”, and “we must confront this phenomenon and if necessary, regulate it.”

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    3. Zomato hires Samir Kuckreja to head Zomato Base

      Zomato hires Samir Kuckreja to head Zomato Base

      Zomato has appointed Samir Kuckreja as president of Zomato Base, its point-of-sale software. Kuckreja’s LinkedIn profile shows that he started working at the company earlier this month. The Economic Times reported the development first. The report added that this was not Kuckreja’s first stint at Zomato and he worked in an advisory capacity while running his hospitality consulting venture Tasanaya Hospitality.

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    4. Urban Ladder secures $15M from existing investors: report

      Urban Ladder secures $15M from existing investors: report

      Bangalore-based online furniture store Urban Ladder has raised $15 million in a round of funding from existing investors including Kalaari Capital, SAIF Partners, Steadview Capital and Sequoia Capital, reports the Mint. The report cites the registrar of companies for the data, although Urban Ladder declined to comment.

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    5. Google, Amazon and Twitter refuse some numbering schemes for secure login

      Google, Amazon and Twitter refuse some numbering schemes for secure login

      Google, Amazon, and Twitter, among other sites like Dropbox, are rejecting some Reliance Jio phone numbers on their websites. This means that Jio users with those numbering schemes cannot receive SMS notifications or use 2-factor-authentication, where they can get a one-time-password (OTP) via SMS for an added layer of security. This is a significant security risk for these Reliance Jio users.

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    6. MapmyIndia to partner with Bhuvan for collaborative mapping applications

      MapmyIndia to partner with Bhuvan for collaborative mapping applications

      MapmyIndia has partnered with the Indian Space Research Organization (ISRO) and Bhuvan, to enhance its mapping and navigation technologies, reports the Economic Times. Note that the company has also tied up with the Central Board of Direct Taxes for ‘location intelligence tracking’ and with the Pradhan Mantri Ujjwala Yojana for LPG distribution.

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    7. Paytm will invest Rs 600 crore for acquiring 10 million merchants

      Paytm will invest Rs 600 crore for acquiring 10 million merchants

      Paytm said that it will be investing Rs 600 crore this year to acquire 10 million merchants in over 650 districts. The company is investing in scaling up manpower, technology, and merchant education so they can transact digitally for the first time. Paytm will be using its QR code-based payment solution to bring these merchants on digital payment platforms.

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    8. How Gati dealt with plummeting Cash-on-Delivery ecommerce sales during demonetization

      How Gati dealt with plummeting Cash-on-Delivery ecommerce sales during demonetization

      “Yes, of course November we saw a pretty large dip in the volumes,” Dhruv Agarwal, Chief Strategy Officer of Gati Kintetsu during the company’s earnings conference call post announcing its results for the September to December quarter. This has typically been the strongest quarter for Gati, given increased ecommerce purchases during the festive season, but this year was different, because the Indian government unexpectedly removed the legal-tender status of Rs 500 and Rs 1000 notes, effectively rendering 83% of the cash in circulation in India worthless. This move is colloquially referred to as demonetization. Cash on delivery is a ...

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    9. BharatQR to be launched today with only card networks

      BharatQR to be launched today with only card networks

      BharatQR, an inter-operable QR code network for payments, built by card networks will be launched today. The system will include Visa, MasterCard and the National Payments Corporation of India’s (NPCI) RuPay. The idea for an inter-operable QR code network was floated in December 2016 following demonetization of Rs 500 and Rs 1,000 notes.

      BharatQR logo unveiled. Looking good! pic.twitter.com/Myj4OnoBxS

      — tomato (@anandraman) February 20, 2017

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    10. True Balance raises Rs 100Cr led by Softbank Korea

      True Balance raises Rs 100Cr led by Softbank Korea

      Mobile balance management app True Balance has raised Rs 100 crore in a Series B funding led by Softbank Ventures Korea, and IMM investment reports Economic Times. The new round of funding comes a month after the company announced monetization plans by introducing ads and a recharging option on its platform. Other investors who participated in the round include Mega Investment, Korea Development Bank, and Capstone Partners.

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    11. Xiaomi India promotes Manu Jain as Global Vice President: report

      Xiaomi India promotes Manu Jain as Global Vice President: report

      Xiaomi India has appointed Manu Jain, the company’s current India head, with additional responsibility as Global Vice President and India Managing Director, according to this ET report. Jain will now take care of Xiaomi’s global business operations, with additional charge as MD for India operations. MediaNama has written to Xiaomi for a confirmation and will update the story once they respond.

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    12. Airtel retakes top spot on Netflix India’s ISP Speed test

      Airtel retakes top spot on Netflix India’s ISP Speed test

      According to Netflix’s ISP Speed Index for India, Airtel is the fastest ISP in the country with 2.37 Mbps followed by Spectranet and 7 Star Digital with 2.10 Mbps and 2.06 Mbps speeds respectively. This particular reading is for January 2017.

      The Netflix ISP Index calculates prime time Netflix performance on some ISPs worldwide, but is not a measure of overall performance of other internet services and data across that network.

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    13. Online publications The Ken and YourStory raise funding

      Online publications The Ken and YourStory raise funding

      The Ken, a subscription based online media publication, has raised $400,000 in funding from individual investors including Aprameya Radhakrishna co-founder of TaxiForSure, Girish Mathrubhootham founder and CEO at Freshdesk, Pinstorm founder Mahesh Murthy, Shan Krishnasamy co-founder of Freshdesk, Paytm founder Vijay Shekhar Sharma and others.

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    14. ‘Interconnect charges for wireless calls should be reviewed & scrapped’: Rcom Ceo

      ‘Interconnect charges for wireless calls should be reviewed & scrapped’: Rcom Ceo

      Reliance Communications’ CEO Gurdeep Singh said during a recent analyst call that the current interconnect usage charge (IUC) of 0.14 paise per minute for wireless-to-wireless calls “should be reviewed and scrapped by the government.”  As per current regulations, RCOM will have to pay 0.14 paise per minute to Airtel, every time an RCOM user makes a call to another user on the Airtel network.

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    15. Google, Microsoft & Yahoo pulled up 6th time by SC on sex determination ads

      Google, Microsoft & Yahoo pulled up 6th time by SC on sex determination ads

      The Supreme Court of India has once again pulled up search giants Google, Microsoft and Yahoo for the sixth time over online sex-determination ads, reports Bar and Bench. The court asked the companies to set up an in-house search mechanism to remove online search results which go counter to Section 22 of the Pre-Conception & Pre-Natal Diagnostic Techniques Act, 1994 (Act).

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