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Weekly Wrap-Up: Startup Salaries, Jio Data Breach, Jio Monsoon Offer & More…

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

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

Contents

Online/Tech/E-Commerce

The Amazon Prime Day happened last week, and it rained offers, deals, discounts and cash backs. The sale went on for 30 hours till 11th July. The Sale had a bunch of exclusive product launches and Prime Video premieres. We did a round-up of the best deals

Scientists have developed a battery-less cell phone which runs almost at zero power and consumes energy by harvesting ambient radio signals or light. This is the first cell phone of its kind, that consumes almost no power.

Google has come up with a quick and easy solution – Backup and Sync. Available for Mac and PC users, this application replaces the existing Google Photos desktop uploader and Drive for Mac/PC.

Any user with Google Maps can easily locate the nearest toilet, anywhere within New Delhi, Gurgaon, Noida, Ghaziabad and Faridabad.

The story of Indian fintech industry is far from over. If we thought that Paytm, and a bunch of Indian banks will now rule the roost, then think again.. Because Alibaba has turned aggressive.

This is a simple step-by-step guide on how you can mine and trade Bitcoins in India. The prices of Bitcoins are going through the roof, and it is important that you should know about this new form of digital currency

India has just become Facebook’s largest market, globally. With 241 million or 24.1 crore active users from India, there ain’t any other country which has larger presence on Facebook than India.

‘Local Finds’ is a new section within Amazon India portal, which it seems, has been accidentally launched on their portal. Besides offering fresh products, this section also features used products, especially in the books and mobile section.

Business/Startups

The responsibility of our rides with Ola or Uber solely lies with us. Ola and Uber will not take responsibilities and we have accepted these clauses during the registration process.

Clearing doubts, Govt. has issued notification, which states that gifts up to Rs 50,000 / year given by an employer to an employee is exempted from GST. This means that companies can now pass on incentives, perks, and gifts to employees till Rs 50,000, without paying any tax.

In February this year, Amazon submitted a proposal regarding $500 million FDI in food retail, which has been now approved by DIPP. This means that Amazon India has now received a free hand to sell food and grocery items, and much more.

Consumers rights are being blatantly violated, and exploited by retailers in India, under the new GST regime. Thousands of consumers have lodged protests, stating that some retailers are charging GST on the Maximum Retail Price (MRP) of the product, which is illegal.

We are well past a phase where a mention of Artificial Intelligence used to take our thoughts to the realms of science fiction. A look at the investment flowing into AI will let us know that serious money is backing the dawn of the AI era.

For this report, titled “Salaries in Indian Startups 2016-17”, Cushort surveyed 50,000 respondents who joined their platform between January 2016 to June 2017, and the average professional experience of their audience was 4.4 years.

Telecom/Mobile/Gadgets

Reliance Jio is the latest to hit the news for data breach. A website magicapk.com went live last week, providing information for every Reliance Jio owner. It has data like names, email IDs, mobile numbers, date of activation of sim card and circle of activation.

One of the initiatives of Airtel’s Project Next is “Data Roll Over Promise” for postpaid users on Airtel. This will enable users to roll-over or carry forward their remaining data from current month to next month, if it is not exhausted.

Reliance Jio has extended their Dhan Dhana Dhan offer even further – and is probably be named as Jio Monsoon Offer. Although Jio has not announced the plans formally, these plans have already been put up on their website.

Within a week of the Redmi Note 5 leak, a couple of images of a retail box units of Redmi Note 5A got leaked online. Not only box, but even the specifications were leaked of the Redmi Note 4 successor.

An accidental leak on Jio’s official website has revealed some interesting details about Jio’s future plans related to Jio Fiber. They will be offering 100GB data per month at 100 Mbps speed and it will be free for 3 months

Reliance Jio feature phone will be branded as LYF phone. It will have a typical candy-bar design, with a display on the top side and a T9 numeric keypad at the bottom along with a four-way navigation key in the middle.

As per the data shared by TRAI, as on May 31, 2017, there are total of 1204.98 million telecom users in India, out of which 1180.80 million or 1.1 billion are wireless users, and 24.16 million are wireline users.

Airtel and Idea have responded to Jio with their own set of offers to counter Jio’s new plans. Now, Airtel, Idea and Jio all have 84GB data plans at almost similar prices.

BSNL Has Announced 1 Gbps Broadband Speed Via New OFC Tech; How Will Jio & Airtel Respond Now? Is This Broadband War?

Others

NPCI has given a nod to WhatsApp to enable app payments. This move is going to revolutionize the way people use WhatsApp right now. Uber and Amazon, two global giants, have already received approval from RBI to allow UPI on their apps and website.

Delhi Govt. may ban Uber/Ola share rides, because rules are being broken. At the same time, Delhi Govt. may launch their own app for bus rides

As per latest reports coming in, Indian Railways will launch a new application, using which passengers can now book air tickets as well. A total of Rs 7 crore will be spent on creating this app.

On Akshay Tritiya Paytm had launched Paytm Gold pilot, their Digital Gold and Wealth Management platform where Paytm users could buy gold through their app. Now, Paytm has further extended it to all Indian citizens where they can buy, sell and even store gold in a few minutes.

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