Weekly Wrap-Up: RCom 4G Prices, Amazon $3B Investment, Internet Stats & More…


It’s Monday morning and yet again time to do a quick wrap-up of posts published on trak.in last week. If you were offline for any reason, our wrap-up  is the best way to catch up with all the tech buzz from the week gone by!

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

Understanding the issues faced by Ex-Servicemen, Uber launched a novel initiative called ‘UberFauji’ for the ex-servicemen from our military forces. Providing special benefits and schemes for ex-servicemen, UberFauji was launched last year in November.

Facebook has decided to stop messaging conversations on mobile web app – They are now going to force users to download their messenger app without which users will not be able to see or respond to any facebook messages

Jugnoo has announced the launch of ‘Jugnoo Pool’, the auto-rickshaw aggregator’s contribution to reducing pollution in Indian cities. Users will be able to pool with other rickshaw riders by booking a ride through Jugnoo’s mobile app.

Now, extending this ‘privilege’ of hassle free security clearance for Indians, India and USA have signed a Memorandum of Understanding (MoU) which will ensure that pre-approved and ‘low-risk’ Indians are allowed to enter US without any hassles.

After Amazon did it, Flipkart has revised their own return policy as well – The product return window for all goods sold on Flipkart will now only 10 days down from 30 days. They have kept their refund policy unchanged

YepMe is planning to have 400 offline stores by this fiscal year and have presence in 550 districts in the next 4-5 years. Online marketplaces have come to realise the fact that offline presence cannot be completely eliminated, and it can equally entice a customer to purchase products in a physical shop.

Apple may get an exception after-all, but with a caveat that in the next 2-3 years, it will have to arrange for local sourcing of raw materials for its products. If Apple agrees, it will have to start sourcing components from local players once the gestation period is over.

Trademarks today not only play an impeccable role in luring eyeballs but personifying and shaping up the stature of a company as well. But before we engulf ourselves anymore with this one heck of a word, let us first understand what it is and what it stands for.

After Reserve Bank of India (RBI) learnt of Mobikwik’s 6% interest on Wallet scheme, they quickly ordered MobiKwik to stop this offer. Immediately all advertisements related with this scheme were withdrawn by MobiKwik.

Inspired by Shenzhen, the coastal town of Kakinada in Andhra Pradesh will soon get it’s own special zone, which is expected to generate employment for thousands of workers. Andhra Pradesh Govt. in-association with Chinese firm ZTESoft will launch ‘joint incubation centre and smart city innovation hub’ in Kakinada.

LeEco is expanding to the offline stores in India with the Le 1S to start with. The smartphone will be available in select stores in prime localities in New Delhi and Mumbai as part of the first phase. In the second phase, the company hopes to expand to 70% of the retail stores by September.

In one of the largest automation related job replacement witnessed in India, Wipro will replace 3300 ‘human engineers’ with Holmes AI platform, thereby making a strong precedent for other IT biggies to do the same.

According to a reports, Reliance Communications will be launching its 4G internet packs starting at Rs. 255 for 1 GB pack. The tariff plans have been revealed Reliance WiPod users and for its mobile phone users as well.

While attending an event in Washington where PM Modi was present, Amazon founder Jeff Bezos said that they are committing their investments in India to $5 billion. Earlier, in 2014, Amazon had promised $2 billion of investments in India to counter Flipkart.

Web Push Notifications have brought a relief to marketers and developers globally. As many as 10 billion Chrome Push Notifications are being sent Everyday. Here is how you can set it up on your website easily!

Indian Internet traffic has been growing at the fastest pace globaly for 3 years running – Can you imagine how it will look in next five to 10 years? Here are 12 exciting statistics on how Internet will look in India in coming years!

In a launch event held in Delhi on 8th June, LeEco announced the launch of its two smartphones, Le 2 and Le Max 2, successors to Le 1S and Le Max. The smartphones boast of high-end innovative specs at disrupting prices, complementing the motto of the company.

Uber and Gaana, an online music streaming service, have partnered to offer Uber cab riders to listen to the music from their Gaana app directly. Starting from Mumbai, the residents will get the service in all the Uber ride options – UberGo, UberBlack, UberWiFi and UberSUV.

The battle for protecting neutrality of Internet is back; and with more vengeance this time. Cellular Operators Association of India (COAI), the powerful lobby of telecom operators which have been supporting anti-neutrality plans like Airtel Zero and Free Basics have again asked TRAI to regulate OTT messaging apps like WhatsApp, Skype etc with the same old logic of decreasing revenues.

Government has decided to charge an additional 1% tax on those car purchases which are being paid by cash. This rule has been cleverly made for those cars, whose price is more than Rs 2 lakh and less than Rs 10 lakh, and indirectly, this covers majority of automobile sale in the country.

Last month, Xiaomi inked a deal with Microsoft to purchase 1500 patents. Do you know what the reasons behind that are? Plus, do you know what repercussion this deal or upcoming such deals are going to have on 170 million Xiaomi’s fan all over the world?

HDFC Bank has launched UltraCash, a high frequency sound wave technology-based payments application that relieves you of your wallet and cards. This means that NFC and internet are not required and all you need is the app for seamless transfer of money.

IT employees are governed by the same rules which cover other employees from various industries; hence the labour laws applicable is same on all employees in India, which includes IT industry as well.

Micromax already sells televisions on Flipkart, Amazon and other leading marketplaces, and now the company is planning to launch its first set of air conditioners in the market. The four ACs will be priced between Rs. 20k to Rs. 30k and will help Micromax make a name in the consumer durables industry.

Defense Ministry has categorically rejected Google Street View ambitions as it will compromise nation’s security and pose threat to our safety. Reportedly, Defense Ministry along with Indian Air Force, Military Intelligence, Navy, Army and Intelligence Bureau have ‘unanimously rejected’ Google Street View’s expansion

Aloke Bajpai of Travel Meta Search Engine ixigo.com shares some takeaways of his journey for young founders who are just starting up. 10 things I wish I knew when I was starting up!

Ola Money, the digital payment solution from Ola, India foremost cab rental booking app has now decided to spread it’s wings beyond their own platform. They have announced partnership with leading online marketplaces eBay, YepMe and AskmeBazaar.

Current Paytm wallet cannot be used to make payments for international Uber rides just yet, because of the existing regulations from RBI. Through Paytm’s proposed partnership, Indians could pay for their Uber rides abroad in rupees and straight from the wallet.

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