Weekly Wrap-Up: Google Grand Diwali Mela, Uber Tax Woes, KayPay, Nexus Launch & More…


Here is a quick wrap-up of the posts that were published on trak.in last week. If you were offline last week, this will give you a good overview major stories that broke last week.

Trak.in weekly news wrap-up

In a view to get the rural India back on the map, Honorable PM Modi launched “Saansad Adarsh Gram Yojna” on October 11,2014. The uniqueness of this scheme is that it has been outsourced it to MP’s.

Indian Railways has finally launched their official Android application: IRCTC Connect on Google Play store. Users can use their existing login details to access this app, and book tickets, enquire about availability of berths and perform all the activities which can be performed on their website.

Future Group and Amazon have announced that both the companies have entered a strategic partnership with each other, where Amazon will sell Future group products online

Service Tax Department has sent an enquiry to Uber as they have not paid any taxes in India as yet. The Tax authorities cannot send them a notice because they do not have registered office in India. However, later in the week the San Francisco based company tried to shift all onus for taxes on to the cabbies. This is not making things any easier for the tax authorities in India.

Kotak Mahindra has launched world’s first Facebook based instant funds transfer platform: KayPay. The beauty of this online based Social banking platform is its simplicity: now anyone can transfer funds between their Facebook friends without using net banking / debit cards or any hassles.

Research firm IDC has said, “Despite significant marketing spend already in evidence on Android One, IDC believes India will be a tough crucible for Google.”.

68 year old real estate company DLF Ltd., having market capital of more than $190 billion (Rs 11, 40,000 crore) has been banned by SEBI from entering into stock markets for three years.

Though the list of personal finance apps on the play store is endless, we together at Trak.in racked our brains and put together the 5 best apps in this category.

In a decision which can have significant impact on this statistics in the coming days, Indian Government has banned all animal tested cosmetics product in the country.

Boredom at workplace is one of the biggest reasons for decrease in Productivity. Here is how you can curb boredom among employees

After Flipkart, Amazon and Snapdeal, it is Google’s turn to try and cash in on the festive season. They have now joined hands with GroupM to launch Grand Diwali Mela.

Facebook has just launched ‘Safety Check’ tool which will help its users to connect with their friends and family members and assist in removing chaos and panic.

The much talked about, the much awaited Nexus 6 will soon be launched by Google. Along with it they also announced Nexus 9, Android Lollipop and Nexus Player

Snapdeal and Shopclues have entered into partnership with India Post to increase they logistics coverage to every nook and corner of India

Rumours were rife last week that Flipkart has been fined Rs 1,000 crore for its violations during this sale by Enforcement Directorate. On the other hand, some are saying that it is just an ongoing FEMA investigation.

Creating Scarcity is persuasion technique which has been verified time and again, and is often a sure shot way of success, if all the ‘conditions’ are prime

Softbank will invest $650 million in Snapdeal, probably taking it’s total valuation more than $2 billion. Once the transaction takes place, it would be the fastest billion dollar jump for Snapdeal

According to Global consulting firm Gartner, India eCommerce market will reach $6 billion in 2015 a 70 percent increase over 2014 revenue of $3.5 billion

Airtel has launched their own messaging and VoIP app: Airtel Talk. Bharti Airtel Hong Kong launched this app, with a focus on overseas Indians looking for economical options of calling back to India.

Ola Cabs will now provide South Mumbaikars the facility to book the ubiquitous Kaali-Peeli taxis dotting the city landscape with a single touch using the Ola mobile app,

Doing Business in India is tough. In a view to make the already complicated labor laws work in harmony for a business setup, PM Modi announced some transformational labor reforms.

The new Apple iPhone 6 and iPhone 6 Plus received a grand opening in India as more than 35,000 units were sold within the first 12 hours of the launch on October 17th.

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