Weekly Wrap-up: Budget 2015-16, Startup Fund-of-funds, Uber IP Block & More…


Here is a quick wrap-up of all the posts published on trak.in last week. If you were offline last week for some reason, this is great way to catch up with everything that happened…

Trak.in weekly news wrap-up

As per the announcement made by OnePlus on their forum, the 16GB silk white version of OnePlus One will be available in India for a price of Rs. 18,999.

As per ICC, more than a fifth of human population or approximately 1 billion people will watch the biggest cricketing event: World Cup 2015. Overall, advertisers are expected to spend between Rs 1200 and Rs 1500 crore on advertisements, which is excluding stadium ads and merchandising rights sold by ICC.

Seems like Micromax IPO plans have fizzled out. They are looking at other avenues and seem to have contacted Alibaba and Softbank for partial or even complete sellout!

PepsiCo, one of the oldest and largest food and beverage leader in the world is now planning to target fast ballooning internet consumers in India. They will soon start selling imported snacks and fruit juices exclusively through various e-commerce portals to Indians.

Telecom Regulatory Authority of India (TRAI) on Monday took the decision to remove the network interconnection charges for fixed line telephones completely and for mobile calls the rates have been reduced by as much 30 percent, bringing it down from 20 paise per minute to about 14 paise per minute.

Few days back, Uber updated their app with in-app safety and SOS features. Now, they have announced their partnership with SafetiPin, a map-based mobile safety app that tags safety scores to locations on a map in a city, based on safety audits done across the city.

As per the research, it has been revealed that Apple’s Mac OS X reported the maximum vulnerabilities compared to other operating systems, whereas Microsoft’s Internet Explorer browser reported maximum threats.

FM Arun Jaitley may unveil details about Rs. 2000 crore startup “Fun of Funds” – The Govt also plan to setup ‘innovation labs’, similar to the large incubators set up at Harvard and Stanford universities

For the first time ever Indian Smartphone market has contracted (quarter on quarter basis), if the IDC report is to be believed. The report says that Indian smartphone market declined by 4 percent, while the feature phone market plummeted by approximately 14% over Q3 2014.

Three people who have been put at the helm of affairs at Flipkart, as per the new setup, are the two co-founder owners Sachin and Binny Bansal and the Myntra co-founder Mukesh Bansal.

After nearly year since US Govt first announced it’s intention to change the immigration rules to allow H1B Visa holder’s spouses to work in the U.S., it has finally been approved. According to WSJ report, spouses of certain high-skilled immigrants working in the U.S. will soon be able to apply for work authorization of their own.

The Central Govt has initiated a process with the central government to block Uber’s IP address in India if the company doesn’t abide by law. If this happens, their website as well as mobile app will render unusable.

CommonFloor, an online platform to search real estate properties, have come up with a unique solution called CommonFloor Retina that allows consumers to see properties in Virtual Reality

Here are the list of relatively New Business books that every one must read. While classics by Robin Sharma, Dale Carnegie, Napolean Hill are always talked about, these are the ones many may have missed!

Department of Telecommunication have published list of applicants that have pre-qualified for Spectrum Auction to be conducted on March 5th for 2100 MHz, 1800 MHz, 900 MHz and 800 MHz bands.

As per reports coming in from Bangalore, a Samsung India employee attempted a suicide due to unfair treatment by the management. He posted these updates on his Facebook wall, announcing his suicide…

Here are the Highlights and key announcements about the Railways budget unveiled by Railway Minister last week.

The IRCTC has tied up with Jubilant Food Works Ltd, the parent company of Domino’s Pizza, on a trial basis as a part of its bid to widen the choices on the travelers’ menu. Under their newly launched e-catering services, the rail service provider is now trying to offer popular food brands in the market aboard their trains.

The Brand Trust Report 2015 finds that LG is the most trusted brand in India, followed by Samsung and Sony. In regards to Indian brands, Tata ranks at number 4 followed by Nokia!

It seems Google now wants to push Android to Enterprises and have launched aptly named “Android For Work” initiative that will let Android users keep work-related accounts and app info completely separate from personal affairs while maintaining the security.

In an official statement today, Google announced 2 major changes to search engines. First will be that mobile-friendly websites will rank better in search engines and more relevant app content will show up for signed-in users in search results.

Nitesh Saxena, a scientist of Indian origin, together with his team is adapting sensors which could revolutionize the way you use your smartphone, laptops and other devices.

288 years old Royal Bank of Scotland or RBS as it is popularly known has finally decided to shut down Indian banking operations due to consistent losses and decreased confidence among share-holders.

In an interesting move, Government has given the task of identification of objectionable content on the internet to Industry body IAMAI (Internet and Mobile Association of India). Indian Telecom minister Ravi Shankar Prasad announced this in today’s parliament session.

Union Budget 2015-16 was by Finance Minister Mr. Arun Jaitley in the Parliament today. We bring you the highlights and key announcements of Budget 2015-16.

Indian Union Budget has slowly become an extravaganza over the years. Here, we are showcasing 9 interesting facts about Union Budget of India.

Do check our Startup funding page – February attracted 57 Indian startup funding deals, 2 more than in January. It also had more funding in terms of money.

Also, do not forget to check out our trak.in Toons page, we published couple of very funny ones in regards to the budget!

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