1. 73-96 of 9961 « 1 2 3 4 5 6 7 ... 413 414 415 »
    1. 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.

      Read Full Article
    2. 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.

      Read Full Article
    3. 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.

      Read Full Article
    4. CarTrade raises Rs 185 cr from Warburg Pincus, Tiger Global & Canaan Partners

      &

      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

      Read Full Article
    5. 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.

      Read Full Article
      Mentions: Network18 Rediff
    6. 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.

      Read Full Article
    7. 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.

      Read Full Article
    8. 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.

      Read Full Article
    9. 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.

      Read Full Article
    10. 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.

      Read Full Article
    11. 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.

      Read Full Article
    12. ValueFirst Digital launches ad network VCLIX and analytics platform ADTRAX

      Digital media company ValueFirst has launched an advertising network called VCLIX. The Gurgaon-headquartered company also launched a real-time campaign tracking, monitoring, measurement and reporting tool called ADTRAX.

      The company claims that the VCLIX ad network can be deployed across networks, including email, display (web and mobile), search and social. It also claims to offer advertisers flexibility in selecting campaign formats and models, like CPM, CPO, CPC, and CPL among others.

      Read Full Article
      Mentions: ValueFirst CPC CPL
    13. Reliance Jio reports Rs 7.68 cr loss in H1-FY15

      Reliance Jio reports Rs 7.68 cr loss in H1-FY15

      Reliance Industries’ data services venture Reliance Jio Infocomm which is yet to launch its services commercially in India, has reported a net loss of Rs 7.68 crore for the six month ended September 30, 2014, a significant increase from Rs 4.06 crore loss reported in the corresponding six month period last year.

      The company had posted a net loss of Rs 6.45 crore in the six month period ended March 31, 2014.

      Read Full Article
    14. Weekly Digest (03rd-10th October 2014)

      MediaNama would like to thank its sponsors: Spice Digital, Antfarm, Getit, Fortumo, Info Edge, Google, Times Internet and E2E for their support.

      Investment & M&A

      - Funding roundup: Zippr, GemPundit and WhatFix - Business messaging app Avaamo secures $6.3 million seed funding - Online medical advice platform MediAngels raises $1M from Ventureast - Online recruitment platform TalentPad raises funding from Helion Ventures

      Read Full Article
    15. Junglee now lets you post ads for used goods; Quikr tie-up?

      Junglee now lets you post ads for used goods; Quikr tie-up?

      (By Vivek & Vikas SN)

      Amazon owned price comparison website Junglee.com has introduced a new ‘Post Your Ad’ feature on its site, that enables users to post free advertisements to sell their goods, reports TechCircle.

      To post an ad, users can type in the product name, choose the relevant product category, product condition and the intended price. One can also submit a product description along with a photo and provide your contact details.

      Read Full Article
      Mentions: Sulekha Flipkart
    16. Airtel & Telangana Govt tie-up to launch public Wi-Fi hotspots in Hyderabad

      &

      The Government of Telangana and Bharti Airtel have tied-up to launch public Wi-Fi hotspots in Hyderabad. Currently, 17 hotspot locations have been launched on a pilot basis across Hyderabad. These have been set up between Cyber Towers to Madhapur Police Station, Cyber Towers to Kothaguda Junction and Cyber Towers to Raheja Mindspace Circle.

      Read Full Article
    17. Yahoo India SDC lays off employees because Marissa Mayer wants to consolidate product dev in the US

      Yahoo India SDC lays off employees because Marissa Mayer wants to consolidate product dev in the US

      A couple of days ago, Yahoo confirmed layoffs at its Software Development Center in India, although there was limited information on exactly how many people have been laid off and why. According to multiple sources MediaNama spoke with, this isn’t a sudden move, but a part of a broader strategy to consolidate product ops in Sunnywale. Here’s what we’ve learned:

      Read Full Article
    18. Retailers asking e-commerce players to rein in discounts is hypocritical and anti-consumer

      Amazon India has been asked by electronic brands to offer discounts not more than 15%, during its ongoing Diwali sale, reports The Economic Times. Citing sources, the report says that these brands have asked that Amazon’s pricing shouldn’t go below the “landing price” i.e. the rate at which brick-and-mortar buys goods from them.

      Read Full Article
    19. Updated: Average Internet speed in India is 2 Mbps; Still the slowest in Asia-Pacific: Akamai

      Update: Readers have pointed out that 2 Mbps average internet speed appears to be too high for India, and we agree. TRAI’s definition of broadband is internet connections that have the capability of a minimum download speed of 512 Kbps. Keeping this in mind 2 Mbps average speed in India is practically impossible. However, the reason for this bloated number is perhaps the fact that for the study Akamai only takes into consideration data gathered from its Intelligent Platform.

      Read Full Article
    20. Samsung India CFO Sunil Goel leaves the company

      Samsung India CFO Sunil Goel leaves the company

      Samsung India Chief Finance Officer Sunil Goel has quit after spending over 17 years at the company, reports the Economic Times. The company said its currently in the process of finding a replacement for Goel, who was one of its first few employees in India. Note that Ashutosh Mahajan, the head of taxation at Samsung India, is currently tipped to be Goel’s successor as the head of finance.

      Read Full Article
    73-96 of 9961 « 1 2 3 4 5 6 7 ... 413 414 415 »
  1. Categories

    1. Markets:

      Bollywood, Gaming, Maps/Local, Mobile, Outsourcing, Social Networking, Telecom, Travel, Video
    2. Financing:

      Acquisition, Funding
    3. Other:

      Jobs, Reports