Weekly Wrap-up: Angel Tax Scrapped, InMobi Fine, Uber Upfront Fees & More…


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

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

In partnership with QuadGen Wireless, a Bangalore-based wireless solutions company, BSNL is going to install WiFi internet facilities in 2,000 cities across its major markets in India.

Bluetooth v5.0, that will offer double the speed and four times the range between devices. This means that data can be transmitted between two devices as far as 350 meters. Bluetooth 5.0 is expected to be ready by 2017 and we could see companies adopting the technology by the latter half of 2017.

Government has decided to end the regressive Angel tax for investors and startups with an aim to boost entrepreneurship and to create more jobs. Indian startup community had been lobbying hard to remove this draconian tax and finally their demands have been met.

Amazon has launched a massive offline campaign to entice and acquire ‘hesitant’ customers who are still not comfortable buying products online. In partnership with Vodafone, Amazon India is inviting their customers to touch and feel the smartphones before ordering it online.

Many of you know about the Prisoner’s dilemma. The ecommerce industry of India, has now become the perfect example of it. Before I further go into “How”, for those who are not aware of the concept of the Prisoner’s Dilemma, let me explain what it is.

One of the most important and talked about change in FDI policy is the relaxation of 30% local sourcing norms in India, which the Government has thought upon and come to a compromise. Apple, LeEco and Xiaomi can rejoice, as they will be able open their own stores in India.

A bot is simply a software which can talk to you and help you get things done. The reason they are suddenly so important is that now they have come on mainstream messengers like Kik, Telegram, Slack and most importantly in April 2016, on Facebook Messenger.

In 2015, nearly a year back, Flipkart introduced an in-app social chat service called ‘Ping’, all set to take online shopping to a new level. However, less than a year after launch, the Ping service is scheduled to be scrapped!

Google’s partnership with Indian Railways for providing free WiFi scheme across Indian railway stations is a massive hit, as 15 lakh passengers are right now enjoying free Internet across 19 major railway stations.

Nikesh Arora, who has been frequently in the news since he joined Softbank in 2014 has resigned last week from Japan’s third-largest telecom service provider and one of the marquee investors in companies around the globe.

To make transactions as real and cashless as possible, Paytm is going to make all payments possible without an internet connection. The company is working towards making the app compatible with internet-less payments and going to launch the service by August 1.

Willful tax defaulters in India may face some heat in the coming days as Income Tax Department has decided to take some aggressive steps against them. To start with, IT Dept. will block their PAN Cards, block their LPG subsidies and stop them from purchasing any property, as PAN card is required for such high transactions.

The latest bug in television market, smart television, has hit the major players around the world, and Reliance Jio and LeEco are planning to launch their own smart TVs in India soon.

KFC has come with a unique solution to our Mobile charging problems. Partnering with Blink Digital, a Mumbai-based digital agency, the fast-food chain has launched a ‘Watt a Box’ meal that charges your smartphone on the go with the help of a built-in power bank.

eSeller Suraksha, a union of around 1000 members along with All India Online Vendors Association, forum of approximately 800 members have declared strike against Flipkart. And their way of protesting is very simple: Whenever a user lands up at any product listed by these sellers, then ‘Out of Stock’ notification would greet them.

In it’s first ever successful attempt, LinkedIn published “Top Attractors”, a compilation of those employers who attract the best talent and manage to retain “the fun” in serious high paying job profiles.

For the first time, it is state owned BSNL that topped the charts by adding 1.1 million new subscribers – even in the previous month they had witnessed second highest subscriber additions.

Ola Cabs has finally received license to aggregate cabs and offer them to customers in Karnataka. Five such cab aggregators had applied for licenses under this rule, out of which Ola has become the 1st one to get it. Verification of minimum 100 cabs were required to be presented in order to get this license, and Ola did exactly that.

The Union Cabinet has approved the upcoming 2016 spectrum auction plan which could fetch the Govt. Rs. 5.66 lakh crore. This is more than twice of the Govt’s revenue of Rs. 2.54 lakh crore from the 2014-15 spectrum auction.

Ahmedabad based-venture, owned by Tanmay Bathwal, is one of its kind business in India that create portable establishments and huge areas for events and conventions and small hotel facilities etc. Called the Beetle Smartotels, the clusters are technically large containers stacked next to each other.

PM Modi’s ‘Start up India, Standup India’ vision has received a big push with the establishment of a special ‘Fund of Funds for Startups’ (FFS). Rs 10,000 crore has been allocated for this FFS, which is expected to generate 18 lakh jobs in the next 5 years.

FTC has charged InMobi with invading personal privacy of it’s customers by deviously tracking their location even when consumer’s opted out of the tracking feature. The company has been tracking locations of it’s customers including children to provide advertising based on their location

Trend Micro, a global software security company headquartered at Tokyo, Japan, has come out with a shocking report that a family of mobile malwares, named GODLESS, has targeted smartphones running on Android 5.1 or earlier.

The Two Ambani brothers have united, and the catalyst is 4G services. In a letter written by RCom to DoT, it was revealed that using Jio’s network, they will now offer 4G data packs to their CDMA customers who have upgraded to 4G technology.

Huawei is looking to launch its own operating system for its smartphones, something other handset makers failed to pursue. Currently, Huawei’s smartphones do not run on stock Android, they have an EMUI layer on top that makes it distinct from other handset makers

Inspired by Paytm’s Chinese products push, Flipkart too has partnered with several big Chinese suppliers for procuring bulk Chinese products in dirt cheap price. This partnership will enable sellers from Flipkart to directly contact bulk Chinese suppliers, and procure goods en masse, at reduced rates.

We tested Jio’s 4g services in some areas of Pune and Mumbai along with Vodafone and Airtel. We found that Jio’s data speed and Voice quality is pretty good in Mumbai whereas Vodafone’s 4G data speed is the worst in that circle.

Union Consumer Affairs Minister Ram Vilas Paswan has clarified that under the new Consumer Protection Act, celebrities would be held responsible and accountable for the products they endorse. Hence, in case the brand misleads the consumers for selling a product, and if a celebrity publicly endorses that product, then action can be taken against them.

Uber is slowly rolling out upfront fares for randomly selected customers to test the new offering. It is similar to how users can see their fare in uberPOOL before the start of the trip itself, making the commute more transparent.

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