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    1. How Reliance Communications’ VoIP recharge pack works

      How Reliance Communications’ VoIP recharge pack works

      Reliance Communications’ (RCOM) newly launched VoIP recharge pack for Rs 39 will offer 300 minutes of calling via VoIP apps like Skype, WhatsApp, Viber, etc, along with 200 MB of data. Only when a customer makes voice calls via VoIP apps, their charges will be billed from the 300 minutes benefit; every minute (in VoIP) is equal to 0.7 MB of data, and data charges will be deducted accordingly (from the 200 MB benefit), a spokesperson from Reliance Communications told MediaNama.

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    2. ASCI calls out Amazon, Flipkart, OLA, Quikr & others for false advertising

      ASCI calls out Amazon, Flipkart, OLA, Quikr & others for false advertising

      The Advertising Standards Council of India’s (ASCI) Consumer Complaints Council (CCC) has upheld complaints (pdf) against 109 out of 155 advertisements brought to it in May 2016. These advertisements belonged to various categories: 41 in Healthcare category, 12 in  Food & Beverages, 9 in  E-commerce, 9 in Consumer Durables Category, 23 ads in Education category and 15 advertisements from other categories.

      In ecommerce:

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    3. United MediaWorks partners with Jaaz Eskay MultiMedia to expand into Bangladesh

      United MediaWorks partners with Jaaz Eskay MultiMedia to expand into Bangladesh

      Digital movie distribution firm United Mediaworks (UMW) has expanded its operations into Bangladesh by tying up with film production company Jaaz Eskay MultiMedia, the company in a statement. Under the new partnership, United Mediaworks will provide its digital cinema production and distribution technology to over 256 screens in Bangladesh. With this expansion, UMW claims to have a distribution chain present across 550 screens in both India and Bangladesh.

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      Mentions: K Sera Sera
    4. Housing appoints Vivek Jain as Chief Product & Technology Officer

      Housing appoints Vivek Jain as Chief Product & Technology Officer

      Online real estate platform Housing has appointed Vivek Jain as its Chief Product & Technology Officer (CPO/CTO). In his new role he will be responsible for the product and engineering aspects of the business.

      Prior to Housing, Jain was the VP Products of Digital Media at Reliance Jio for nearly 2 years. He also worked as the Product/Business Head at AWF Bandwidth at Amazon for 2 years, after having a 2 year stint as Senior Product Manager at SMC Network.

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    5. AskMe suspends operations

      AskMe suspends operations

      AskMe has temporarily suspended its operations, in the light of not being able to pay its employees and manage other costs running the business. MediaNama sources confirmed that AskMe management has indeed initiated a shutdown. We’ve written to AskMe for an official statement. MediaNama had also contacted Astro last week and checked for an update yesterday but we still haven’t heard back from the company.

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    6. Android fails to reach out of court settlement with FAS over antitrust case

      Android fails to reach out of court settlement with FAS over antitrust case

      Anti-monopoly watchdog Russian Federal Antimonopoly Service (FAS) and Alphabet (Google) have failed to reach an out of court settlement in the case of Google’s Android operating system violating monopoly laws by requiring the pre-installation of certain applications on mobile devices using Android, reports Reuters.

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    7. Exclusively.in will be merged with Snapdeal, website to be shutdown

      Exclusively.in will be merged with Snapdeal, website to be shutdown

      After acquiring online luxury fashion store Exclusively in February last year, Snapdeal is merging the entire catalogue of products under Exclusively with its Fashion and Apparel category.  All team members at Exclusively will continue with their existing business responsibilities, the company said in a statement, while the delivery of products under the Exclusively will be fulfilled by Snapdeal post the merger.

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    8. SBI has 34 lakh wallet users while mobile banking has 1.38 crore

      SBI has 34 lakh wallet users while mobile banking has 1.38 crore

      State Bank of India, the country’s largest lender, has more than 34.04 lakh registrations for its Buddy Wallet at the end of the June quarter. In recent times, the bank has been aggressively expanding its wallet operations and tied up with tied up with IRCTC and Aditya Birla Group to allow customers to make payments.

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    9. Updated: Ola confirms that it is shutting down TaxiForSure

      Updated: Ola confirms that it is shutting down TaxiForSure

      Update: Ola said in a statement that TaxiForSure’s assets and operations will be fully merged with OlaCabs platform, and will further integrated with Ola Micro service. “…TaxiForSure…has been seamlessly integrated onto the Ola platform with the launch and rapid adoption of Ola Micro. TFS has contributed immensely towards Ola Micro’s success within a short span of time,” added the statement.

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    10. JustDial net profit up 8% to Rs 38.93 crore in Q1FY17

      JustDial net profit up 8% to Rs 38.93 crore in Q1FY17

      Online classifieds and ecommerce company JustDial has reported operational revenue rise of 6% to Rs 176.29 crore for the quarter ended June 30. The company had reported revenues of from Rs 166.03 crore in the same quarter last year. On a sequential basis, revenues declined 1.85% from Rs 179.61 crore.

      Net profit stood at Rs 38.93 crore, up 8% from Rs 36.03 crore in the same quarter last year. On a sequential basis, net profit increased 10.28% from Rs 35.3 crore.

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      Mentions: JustDial Mani
    11. Google launches Duo, its Skype, FaceTime competitor; Implications in India

      Google launches Duo, its Skype, FaceTime competitor; Implications in India

      Google has launched a video calling app named Duo that will connect users via their mobile phone numbers. The app is currently live on Android and iOS, and will have all conversations secured with end-to-end encryption. The app currently not live in India; Play Store however provides a ‘pre-register’ option for India users, indicating that it could be launched sooner.

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    12. RBI sets norms for customer liability in case of online frauds

      RBI sets norms for customer liability in case of online frauds

      With increasing instances of unauthorized transactions in banking, the Reserve Bank of India (RBI) has proposed that customer will have no liability in case of fraud being committed because of bank’s negligence or third party breach. While in the case where a where customer’s own involvement is established, they will be liable, the RBI said in a draft paper.

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    13. Mumbai Taxi & auto drivers to go on indefinite strike: report

      Mumbai Taxi & auto drivers to go on indefinite strike: report

      We missed this earlier.

      Taxi and autorickshaw drivers in Mumbai are planning to go on an indefinite strike starting 29 August as a protest against online cab aggregators, reports Times of India. The report states that the Jai Bhagwan Taxi Rickshaw Sanghatana and the union led by Shashank Rao will lead these protests, because Maharashtra chief minister Devendra Fadnavis postponed his meeting with the unions and representatives of cab aggregators.

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    14. Qyuki to launch music series Jammin’ with Bollywood & YouTube artists

      Qyuki to launch music series Jammin’ with Bollywood & YouTube artists

      Shekhar Kapoor, AR Rahman & Samir Bangara backed Indian multi-channel network (MCN) Qyuki has launched Jammin’, a musical collaboration between music composers and nine YouTube personalities. The series will consist of 10 original music video launches on YouTube between the 19th of August and 21st of October.

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    15. Maharashtra Govt to take 326 services online by October

      Maharashtra Govt to take 326 services online by October

      The Maharashtra Government plans to launch 326 government services online by the 2nd of October under its Right to Service initiative, reports the Mint. As of now, the Aaple Sarkar (Our Government) portal offers 156 Maharashtra Government services online, including caste certificates, certificates for eligibility, driving licenses, property tax computations etc.

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    16. Tencent, Foxconn invest $175M in Hike Messenger valuing it $1.4B

      Tencent, Foxconn invest $175M in Hike Messenger valuing it $1.4B

      Hike Messenger has raised $175 million from China’s Tencent and Foxconn in a series D round of funding which values the company at $1.4 billion, reports TechCrunch. With this, Hike has raised over $261 million in funding. Earlier in the year, the company had raised an undisclosed amount of funding from Matt Mullenweg, co founder of WordPress, Adam D’Angelo, founder of Quora and Aditya Agarwal and Ruchi Sanghvi, both former Dropbox employees, in their personal capacities.

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