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Weekly Wrap-up: WhatsApp Desktop, JioMoney Launch, E-Visa Growth, Bankruptcy Law & More…

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It’s Monday morning and time to do a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason, this is a great way to catch up with all the tech buzz from last week.

Weekly Wrap-up: Ola Corporate, BookMyShow Financials, Paytm Sound Pay & More…

Opera, one of the largest technology companies, has launched its own VPN app for Apple devices on iOS for free. The app will also provide unlimited access to VPN, which is not the case with other developers.

Paytm, one of the largest mobile commerce players in India seems to have made good progress in auto segment. According to a press release sent to us, Paytm registered 3X growth in April 2016 to claim the top spot in Cars & Bikes segment.

Right now, Indian ecommerce is fastest growing sector in the whole world, as we have beaten China, Japan and South Korea in percentage of growth. With a whooping 51% annual growth, Indian ecommerce is way ahead of China, which is growing at a rate of 18%

At a time, when most startups in this space (or even in other verticals) are burning VC money with no horizon of getting profitable anytime soon, Oyo Rooms has found a way to be hit the magical profitability!

As per reports emerging, Air India will become profitable in this fiscal year itself, which would be 2 years before schedule. In fact, such is the optimism within Air India, that Govt. has approved their plans to induct 100 leased planes in the next 4 years.

After introducing a host of features this year, WhatsApp has launched its desktop app for Mac and Windows users. This gives you full connectivity from smartphone, tablet to desktop computers, irrespective of location.

In a major relief to telecom operators, and a disappointment for consumers, Supreme Court has quashed TRAI’s earlier order regarding call drop compensation. Hence, telecom operators cannot be forced to compensate for call drops now.

Foxconn, Taiwan based contract electronics manufacturer, and chief supplier of Apple has chosen Maharashtra to manufacture their ‘Made in India’ iPhones. As per reports coming in, Foxconn will spend $10 billion to create a massive manufacturing plant, which would be spread across 1200 acres.

Asian economies, which include India, China and Vietnam were the top wealth creators in the whole Universe. In the last 10 years, an average Indian, for instance, increased his wealth by whooping 400%.

Indian Government is planning to develop bunch of apps to make everything digital, and next in line is driving license and related documents. The mobile app will store e-copies of driving license, vehicle registration certificate, pollution certificate and insurance copies.

Adding to the already saturated market of digital wallets, JioMoney is now available for both iOS and Android. As always, the wallet can be used at Reliance’s own fashion website AJIO.com, Reliance Digital, Reliance Fresh etc. as well as for sending and receiving digital money, payment of bills and shopping at other online portals.

As per Xeler8, a typical Indian entrepreneur is 32 year old, male, and surprisingly, he has never went to an IIT. Some VCs may find this discovery disturbing, indeed.

Love it or hate it, digital marketing is here to stay. And today it is an integral part of an organisations marketing strategy no matter which industry they are from or whether the offering is a product or a service.

In Chennai, a labor case against wrongful termination can prove to be a landmark judgement for all techies out there. For the first time in Indian history, a Labor Court has described an IT Worker as a ‘Workman’, thereby implying all labor laws and labor protection rules on them.

An extensive nine year study on 15,000 leaders across 300 companies spread across 18 countries conducted by Development Dimensions International (DDI) has finally confirmed what we always feared: there is no relation between a MBA degree and leadership.

In a tweet from Motorola’s twitter handle, the company confirmed that Moto G4 will be available exclusively via Amazon post-launch. No doubt Amazon is India’s buzziest brand and deserves the title as well.

Sensing need for quicker and easier route to bankruptcy, Govt. introduced a new Insolvency and Bankruptcy Code 2016 which has been approved by the Rajya Sabha.

E-visa, the wonder scheme in which any tourist wishing to travel to India can get their visa without moving an inch, is continuing to attract and enchant travellers from all over the world. In fact, for April, 2016, tourists who came to India using e-visa witnessed whooping 266% growth.

Supreme Court gave a decision which can be described as landmark for consumer rights movement, and for aviation sector in general. Not only the apex court rapped Spicejet for their insensitive and totally uncalled for action, they were also fined Rs 10 lakh.

In a very strange twist the industry has taken, the Government has decreased the import duty, amounting to a total of, 29.44%, on accessories like batteries, adapters, chargers, wired headsets and speakers to 12.5%.

Surge Pricing fever seems to have caught the food delivery startup based in Bengaluru, Swiggy. It recently clocked more than a million orders in April, which also summarized why they’re the first ones to introduce surge.

A data scientist with experience of 5 years’ can command anything above Rs 75 lakh per annum; whereas a CA with the same experience can only get Rs 8-15 lakh and Rs 5-8 lakh for engineer with the same experience.

After Flipkart, its the turn of Zomato to feel the pressure of being a Unicorn and justifying it. HSBC Securities and Capital Markets (India) Pvt. Ltd has slashed the valuation of Zomato by massive 50%, that is from $1 billion to $500 million in one single go.

Internet is peppered with examples of how brands have made some huge blunders on Social Media. When hitting the publish button on your brand’s social media page, make sure you never make the below mentioned mistakes

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