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    1. Uber reportedly passes the onus of paying service tax to cab drivers

      Online cab service Uber has passed on the onus of paying service tax to cab drivers and has agreed to provide details about their cab drivers to the tax authorities, reports The Economic Times citing a department official privy to the development.

      Last week, Indian tax authorities had asked Uber’s Indian subsidiary to provide details on its Indian operations, since it believed that Uber is liable to pay service tax to the government.

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      Mentions: Economic Times PTI
    2. ICANN appoints Samiran Gupta as the new Head of India

      The Internet Corporation for Assigned Names and Numbers (ICANN), has appointed Samiran Gupta as the new Head of India. In his new role, Gupta will be ICANN’s primary representative in the country and will also be responsible for all stakeholder engagements. Gupta assumed his new role on the 22nd of September from Delhi and will report directly to VP and MD for Asia Pacific, Keuk Yu-Chuang.

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    3. Did you know that GroupM & Google’s Grand Diwali Mela is live?

      Did you know that GroupM & Google’s Grand Diwali Mela is live?
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      While Flipkart’s BigBillionDay sale attracted all the attention last week and Amazon India quickly followed it with its Diwali Dhamaka Week sale, somewhere lost in the background is GroupM and Google’s Grand Diwali Mela. The launch of this virtual shopping and entertainment platform was announced last month, and it went live on October 2 and will be on till October 20.

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    4. Here’s what Lenovo, Dell, HP, Toshiba, Asus, Nikon have said about e-commerce offers & warranties in India

      Here’s what Lenovo, Dell, HP, Toshiba, Asus, Nikon have said about e-commerce offers & warranties in India
      ’&

      Retail brands have been unhappy for quite some time about the allegedly disproportionate discounts offered by e-commerce platforms like Flipkart, Amazon India, Snapdeal, Myntra, and Jabong among others. Last week’s Flipkart Big Billion Day sale and Amazon’s ongoing Diwali Dhamaka Week have intensified the brands’ voicing of displeasure, apparently because of pressure from their offline retailer partners.

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    5. Digest: Voylla, HolidayIQ, TataSky and Amazon India

      Digest: Voylla, HolidayIQ, TataSky and Amazon India

      Online imitation jewellery marketplace Voylla to open offline stores

      Online imitation jewellery store Voylla is planning to open 10 brick and mortar stores across the country by the end of this year, reports the Economic Times. The company, which is looking to cater to customers who prefer offline shops, will open its first outlet in Nagpur’s central mall this month.

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    6. Culture Machine to bring US-based viral videos network What’s Trending to India

      Culture Machine to bring US-based viral videos network What’s Trending to India

      Digital video company Culture Machine has tied-up with US-based network What’s Trending to adapt the format and launch an India version. What’s Trending curates content from across the social web. It’s mostly known for its live interactive talk show that appears daily on YouTube and its site, covering the most popular videos and personalities on YouTube. It’s hosted by co-founder Shira Lazar.

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    7. IMImobile acquires mobile messaging platform TextLocal for around £13.15M

      IMImobile acquires mobile messaging platform TextLocal for around £13.15M

      AIM-listed IMImobile has acquired UK-based mobile marketing & communications company TextLocal for approximately £13.15 million. This includes £10 million in cash and around £1 million worth of IMImobile shares (707,564 shares at a price of 141.33p per share).

      There is also provision for an additional deferred consideration of a maximum £2.15 million split over two years, that will be shared amongst TextLocal’s founders and senior management.

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    8. AdNear raises $19M Series B funding from Telstra Ventures, Global Brain & Others

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      Location-based mobile advertising network, AdNear has raised $19 million in Series B funding from Telstra Ventures and Global Brain, with participation from existing investors Sequoia Capital and Canaan Partners. The Singapore-headquartered company didn’t provide much insight into how the funds will be used, though AdNear CEO Anil Mathews did hint at the possibility of launching new products in the coming months.

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    9. TV18 net profit at Rs 43.2 Cr in Q2-FY15; Revenue up 5% YoY

      Network18′s broadcasting subsidiary TV18 Broadcast has posted a net profit of Rs 43.23 crore for the quarter ended September 30, 2014 (Q2-FY15), as against a net loss of Rs 154.5 crore in the previous quarter and a profit of 10.12 crore in Q2-FY14. However, it’s worth noting that the previous quarter loss includes a one-time exceptional item of Rs 223.3 crore, while the Q2-FY14 loss includes an exceptional item of Rs 10.28 crore.

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      Mentions: Network18
    10. Tata Value Homes launches e-commerce platform

      Tata Value Homes launches e-commerce platform

      Tata Housing Development subsidiary, Tata Value Homes has launched an e-commerce platform tatavaluehomes.com to facilitate online home buying. Home buyers will be able to book an apartment for a non-refundable deposit of Rs 30,000 on this platform. Note that less than two months back Tata Value Homes had tied-up with Snapdeal to sell apartments under its affordable housing segment.

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    11. Updated: Enforcement Directorate reportedly sends notice to Flipkart

      Update: We’re currently awaiting a response from the Enforcement Directorate on the exact nature of the order, however ED officials has denied sending any notice to the company on the big billion sale.

      Top ED officials deny investigating Flipkart’s billion dollar sale. Say no notice has been issued to the company on it as is being reported

      — Rohini Singh (@Rohinisgh) October 14, 2014

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    12. Google reports $507M in revenues in India in 2013-14; Ad revenues not disclosed

      Google reports $507M in revenues in India in 2013-14; Ad revenues not disclosed

      Google India Pvt Ltd (Google India) reported revenues of Rs 3,050.69 crore (around $507.35 million at applicable exchange rates) for the 12 month period ended March 31, 2014 (FY14), up a substantial 47% from 2,076.79 crore ($345.38 million) from the previous financial year (FY13), according to a recent filing with India’s Registrar of Companies.

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    13. PayU India acquires mobile payments app Eashmart

      PayU India acquires mobile payments app Eashmart

      Naspers-owned payment gateway company PayU India, which operates the online payments solution PayUMoney, has acquired mobile-based payment app Eashmart for an undisclosed amount, reports The Economic Times.

      Following the acquisition, Eashmart’s five-member team is expected to join the app development team at PayUMoney. Merchants using Eashmart in Bangalore, Delhi and Jaipur will now transfer to PayUMoney, and will get access to PayUMoney’s merchant dashboard.

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    14. Network18 posts Rs 36.47 Cr loss on revenues of Rs 744.8 Cr in Q2-FY15

      RIL owned Network18 has reported a net loss of Rs 36.47 crore for the quarter ended September 30, 2014 (Q2-FY15), as against Rs 1,021.88 crore loss in the previous quarter and Rs 39.84 crore loss in Q2-FY14. It’s however worth noting that previous quarter loss includes a one-time exceptional item of Rs 1,045.3 crore while the Q2-FY14 loss includes an exceptional item of Rs 23.23 crore.

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    15. CarTrade raises Rs 185 cr from Warburg Pincus, Tiger Global & Canaan Partners

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      MXC Solutions India owned online auto classifieds site CarTrade has raised Rs 185 crore investment in a round led by a Warburg Pincus affiliate with participation from existing investors Canaan Partners and Tiger Global.

      The company plans to use the investment raised to improve CarTrade’s existing offerings for consumers & dealers and expand its offerings across online and mobile platforms. It also plans to use this investment to strengthen its marketing initiatives.

      MotorExchange Investments

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    16. HomeShop18 posts Rs 83.9 Cr loss in FY14; Revenue up 63.4% YoY to Rs 368.2 Cr

      TV18 Home Shopping Network (HomeShop18) has reported net revenues of Rs 368.2 crore for the financial year ended March 31, 2014 (FY14), registering a 63.4% increase from Rs 225.4 crore revenues in the previous year.

      The losses also have improved to Rs 83.9 crore for the year, from Rs 120 crore in the previous year. Network18 however hasn’t provided any split between HomeShop18′s TV and online business.

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      Mentions: Network18 Rediff
    17. Gecko maker Connovate Tech acquired by consumer electronics company Binatone

      Connovate Technology, makers of the Gecko bluetooth tags, has been acquired by Hong Kong-based consumer electronics company Binatone for an undisclosed amount, reports The Economic Times. Following this deal, the two year-old Bangalore-based company will merge with Binatone’s subsidiary Hubble Connected and will also get access to the 1500 stores in United States and 1000 in Europe that Binatone has a presence in.

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    18. BookMyShow posts Rs 4.03 Cr loss in FY14; Revenue up 59.3% YoY

      Bigtree Entertainment which operates the movie and event ticketing website BookMyShow, has reported revenues of Rs 84.02 crore for the year ended March 31, 2014 (FY14), up 59.3% from Rs 52.76 crore revenues in the previous year.

      The company however posted a loss of Rs 4.03 crore for the year, as compared to a profit of Rs 3.23 crore in FY13 and a profit of Rs 1.45 crore in FY12.

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    19. Reliance Jio appoints Akash Ambani to its Board of Directors

      Reliance Jio appoints Akash Ambani to its Board of Directors

      Reliance Industries’ (RIL) data services venture Reliance Jio Infocomm has appointed Akash Ambani to its Board of Directors, while Isha Ambani has been appointed as director on the board of Reliance Retail Ventures. Adil Zainulbhai, an independent director of RIL, was also appointed to the Reliance Retail Board of Directors. Zainulbhai is also an independent director on the Board of Reliance Jio.

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    20. One week after dissing e-tailers, Future Group ties up with Amazon

      One week after dissing e-tailers, Future Group ties up with Amazon

      When you can’t beat them, join them: Kishore Biyani’s Future Group has formed a strategic alliance to sell its products on Amazon’s India marketplace Amazon.in.

      Future Group mentions that this partnership will initially focus on its fashion brands and will subsequently cover all other categories. The deal period or the terms of the partnership were however not disclosed.

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    21. Ex-Google executive Jai Mani appointed Xiaomi’s lead product manager in India

      Ex-Google executive Jai Mani appointed Xiaomi’s lead product manager in India

      Chinese smartphone maker Xiaomi has appointed former Google executive Jai Mani as its lead product manager in India. He’ll be based in Bangalore. Interestingly, Xiaomi’s VP of International operations Hugo Barra is also an ex-Google employee.

      According to Barra’s Facebook post announcing the appointment, Mani has already started work and has already co-hosted a Mi Fan meet-up in Bangalore with Mi India assistant product operations manager Rohit Ghalsasi.

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    22. The iPhone Is Broken In India – Ankur P Agarwal, Pricebaba

      The iPhone Is Broken In India – Ankur P Agarwal, Pricebaba

      Ever since the first iPhone was released in 2007, it has been popular in India. I don’t mean popular in terms of sales numbers, but in terms of the buzz it creates, amount of discussions around it, and people asking if they can get one for $199. A good discount on the iPhone 5s still fills up my twitter stream ,and several of my friends picked up one recently.

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    49-72 of 9948 « 1 2 3 4 5 6 ... 413 414 415 »
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