Weekly Wrap-up: Corruption Figures, Canvas 4 Price, Flipkart Funding & More…


Here is a quick wrap-up of some of the buzzing posts that were published on trak.in last week. Some big news came in, so check them out if you have missed any.

Trak.in weekly news wrap-up

Here is an idea – What happens if Government sells its Gold reserves. Will it aid in reducing the economic problem that India is facing right now? I think so..

Ministry of Labour has announced that by August, the entire process of Employee Provident Fund Transfers will go Online and the claims will be settled in 3 days flat!

Smartphone shipments in India grew by 167 percent between Jan-Apr 2013 as compared to only 2.4 percent for feature phone shipments. Samsung, Micromax and Karbonn are top 3 smartphone brands in India.

Canvas 4 price was out last week and it was a disappointment – It is a phone which has average specs and pricing that will put a frown on most of the faces. Micromax has lost its USP with Canvas 4, It’s sad but true!

The Indian Payment Gateway Industry has now woken up. Close to launch of Payzippy from Flipkart, now PayUPaisa has made its payment gateway services absolutely free for merchants.

To give stiff competition to Micromax Canvas 4 and Karbonn S9 Titanium, Xolo has launched XOLO Play T1000 powered by 1.5 GHz Tegra 3 processor for a price of Rs. 15,999.

According to LinkedIn’s annual report, Social professional networks are increasingly impacting the quality of hires done in an organization and improving “quality of hires” tops their wishlist.

Do you remember the time when device customization was rampant? The era of desktop PCs when we could literally remove and replace anything at will. We have lost that era and now device customization is becoming a rare thing!

Its unbelievable how many times startup Product Managers are led to believe that a particular feature is a MUST because some person needs it. More often than not it is “The Keyser Söze Effect” into play!

Cleartrip has removed train ticket booking feature that they had launched on their Android app few days after its release. Many users faced problems, and transactions were failing.

Flipkart has raised another huge round of funding of USD 200 million from their existing investors. With this round, Flipkart has now raised total of 381 million funding or about 2280 crore rupees!

According to latest GCB findings, Corruption in India has grown further. Political Parties and Police are the 2 departments where corruption levels are maximum!

Wireless Charging has been around for a while now. Many top end flagship phones have it. But is it really useful or it is yet another fad, that will be available in phones, but will not be used?

Google is slowly rolling out update on their Google Maps App for Android and iOS, and number of new features have been added. However, latitude and check-ins are now retired!

Paytm has announced launch of their Windows Phones and Nokia Asha Mobile App. With this launch they are now available on all smartphone OS app stores.

This is a great move by TRAI – It will surely bring down wrongful VAS activation and de-activation issues that have been plaguing mobile customers..

Yet another petition has been filed by a Jain Priest and Rajya Sabha MP to ban pornography in India. The petition also calls for amendment in IT act and to make watching porn a criminal offence!

According to the latest update from Google, Jelly Bean has now become the most used Android version all all. However Ginger Bread, which was launched nearly 2 years back still has over 34 percent users!

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