Weekly Wrap-up: ISRO Solar Cars, Jio FTTH, Aadhaar-Pan Card Linking & 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 last week for any reason, this is a great way to catch up with all the tech-buzz!

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

Internet/Tech/E-Commerce

Wipro, which is listed among India’s top 5 IT companies having assets worth $10 billion and around 2 lakh employees on the payroll, has been threatened with a bio attack, if Rs 500 crore is not paid to some hackers, using bitcoins.

After launching dedicated apps for smart TVs, Facebook has now decided to directly compete against Netflix, by launching their own exclusive TV shows, which would be offered only on Facebook videos.

Amazon India has stepped up to create a new policy that will provide its sellers to have a damage allowance to cover for potential damage in transit. Known as ‘Seller Flex’ programme, the sellers are required to pay a fixed percentage of the selling price of the unit parcelled.

The regulator of securities trade in India; The Securities and Exchange Board of India (SEBI) has allowed investment in mutual funds via digital wallets. This means that any adult Indian with a digital wallet, can now seamless invest in mutual funds.

Both Flipkart and Amazon India has locked horns over this discount period, and both have announced a massive discount for electronics, apparels, books and more, with as extreme as 90% discounts being offered.

Healthcare in India is screaming out for change, just like how a baby screams for attention. Fortunately today we have technology that can help pacify this baby and deliver more in terms of value and improved care outcomes for the patient.

Online gaming is right now on a fast drive in India, and if we believe a recent study by Google and KPMG, then online gaming is set to transform into a $1 billion or Rs 6400 crore industry by 2021.

Flipkart’s offer of $1 billion to acquire and merge Snapdeal has been ‘almost’ accepted by the investors and founders of Snapdeal, and the official merger would be announced most probably next week.

It may sound like a fiction story, but scientists at Carnegie Mellon University have developed technology which can make it possible now. Using spray paint, any surface can be made into touchscreen now.

Business/Startups

A section of Cognizant employees from Chennai, who are facing terminations, have decided to revolt against the company, and seek a legal route to solve the equations.

In yet another case of e-commerce fraud, Bengaluru police have arrested a woman who duped Amazon India of Rs 70 lakh. Exploiting a major loophole in Amazon’s policies, she ordered original products using a fake name but returned fake, faulty products.

Here are the strong signals which indicate that Indian IT industry is staring at massive transformation, heavily dominated by mass layoffs

Online gaming is right now on a fast drive in India, and if we believe a recent study by Google and KPMG, then online gaming transform into a $1 billion or Rs 6400 crore industry by 2021.

Reports have emerged that Paytm may acquire Freecharge at a valuation of $45-90 million, which is 900% to 455% less than the originally rumoured worth.

Last week, Social Media was abuzz with the news that India’s largest bank: SBI will now charge Rs 25 per ATM withdrawal of cash, irrespective of how many times ATM has been used.

9.1 million or 91 lakh new taxpayers were created in a year, which is phenomenal, to say the least. And demonetization is the reason behind this massive surge in the number of taxpayers.

Telecom/Mobile/Gadgets

Vodafone’s business services has launched a unique enterprise focussed WiFi services, called Vodafone SuperWifi. And this way, it has become India’s first enterprise level WiFi as a Service platform, which promises complete control and focuses on productivity.

IndusOS has become India’s 1st Aadhaar powered mobile operating system after it partnered with US-based Delta ID for iris-based authentication.

Mswipe has today announced that it has enabled Samsung Pay at its terminals. The independent POS merchant acquirer and network provider have said that the partnership will enable tap and pay on the go facility for Samsung Pay users on its 2 lakh Mswipe terminals across the country.

We had heard rumours about Fuchsia, which is Google’s new mobile operating system. Now, you can get a taste of this new OS thanks to Fuchsia APK which can run on Android.

JioFiber is now all set to disrupt broadband Internet in India – Reports claim that testing has already started across various cities

Others

In the on-going case in Supreme Court regarding the legal validity of Aadhaar Card, Govt. of India has finally come out of the closet, and admitted for the very first time, that Aadhaar would be made mandatory for all, very soon.

India’s pride ISRO will unleash solar powered, hybrid electric cars in India, which has the potential to totally revolutionise electric car market in India. These new, hybrid cars would be 100% Make in India, and we may very soon experience these cars on Indian roads.

This was one of the most requested features by train travellers across India and IRCTC has obliged. They have now launched a service aptly called, ‘Pay on Delivery’, which means you can book your tickets online and get them delivered to your doorstep!

In the last couple of months, bank account holders have been receiving urgent SMSes and calls from banks, asking to link their Aadhaar cards with the bank accounts. I have personally received around 10 such messages from HDFC Bank, and around 8 from ICICI Bank.

Understanding the woes, and the issues, Income Tax Dept. has now launched a dedicated portal to connect PAN Card with Aadhaar details for every citizen.

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Also, check out our Indian Startup Funding & Investment chart that offers you details of over 3000 funding deals that have happened in India on a single page.

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