Weekly Wrap-up: GST Bill, Mobile Tariff Fall, Facebook Algorithm Update & More…


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

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

Uber and Ola have understood the gravity of the situation (the protests again them) and has now announced a scheme called ‘Mi Pan Malak’ that aims at encouraging taxi and auto drivers across cities to join its platform.

RBI Governor Raghuram Rajan has launched a new portal called ‘Sachet’ which will guide potential small investors and make them more aware, informed about the company in which they are going to invest.

LeEco, the Chinese technology giant, has filed a fresh application to the Foreign Investment Promotion Board (FIPB) for opening its own stores in India. We think LeEco can definitely be successful with the plan as it also soon plans to open its own R&D centre and a manufacturing plant in the country.

Govt. of India has now made it mandatory for all digital businesses to provide their contact details in order to make it easier for customers to address their grievances and issues related to their products/services.

Understanding this massive divide between English and non-English speaking population, Indian Govt. is now asking all major email service providers to offer email addresses in regional languages.

According to Evan Blass, who goes by the name @evleaks on Twitter, has tweeted that Android Nougat 7.0 will be coming to Android devices in first week of August, along with this month’s security patch.

Zomato has now announced that they have now reached milestone of 1 Million orders in a month and has dedicated to its team in Turkey. Swiggy, a food-ordering service, crossed the 1 Million mark in April 2016 itself, after nearly two years of operations, but in lesser cities.

Certain tax planning steps during the year can give you extra monetary benefits – Here are some tax planning tips which can be adopted by every private limited company:

A new study conducted by famed iOS researcher Jonathan Zdziarski has claimed that WhatsApp’s deleted chat messages are not permanently deleted after all. As per his observations, forensic tools can easily scoop out those dirty, secret messages which the user had deleted earlier.

As per latest data released from Controller General Patents Designs and Trademarks, Indians are not only lagging behind in filing and claiming patents, but foreigners are taking full advantage of this situation.

For the first time in more than two years, Indian mobile subscribers have seen a decline according to the report released by Telecom Regulatory Authority of India. The decline comes mainly due to closure of Videocon mobile services in month of May, whose 5+ million subscribers went off the network.

Like Airtel and Idea Cellular, Vodafone tariffs too will remain the same, but the data quota offered will be higher now, up by almost 67%. For example, a monthly pack of Rs. 650 that offered 3GB 3G/4G data will now offer 5GB data for the same price.

GST or Goods and Services Tax Bill aims to create a uniform tax structure pan-India, removing several layers of taxation such as purchase tax, VAT or Sales Tax, state-level taxes like, entertainment tax, excise duty, entry tax, luxury tax and octroi. As per various analysts, GST Bill can increase India’s GDP by 2%.

goIbibo has launched goCars, an all-encompassing ride-sharing platform which would enable you to share your city-to-city journeys with like-minded, trusted co-travellers at affordable prices.

Here we let you know how you can watch and follow all the Olympic action on your Television sets and if that is not accessible, you can follow it on the internet via Twitter, Vine, Periscope and many other online channels.

Usage of USSD or Unstructured Supplementary Service Data based mobile banking service is not expanding as per Govt.’s expectations. TRAI is worried because in the month of May, 2016, only 37 lakh mobile banking requests via USSD reached NPCI’s platform.

So what turned Sir Richard Branson, a dyslexic youngster into Britain’s greatest success story and one of the world’s most successful entrepreneurs? Here’s what every fledgling entrepreneur can learn from the life and times of the great man.

According to a report by Strategy Analytics, a research and consulting firm, Samsung Galaxy S7 Edge, the flagship from Samsung, has emerged as the highest selling smartphone in 2016 so far. In fact, Samsung also accounted for the top three most shipped smartphones in the first half of 2016.

Till May 31, 2016, total of Rs 2313.05 crore fine has been imposed on various telecom firms for violating subscriber verification norms. State run BSNL has emerged as the top rule breaker when it comes to verification of telecom users. Fine of Rs 583.09 crore was imposed on BSNL till May 31, 2016.

Government of India has most probably become the first nation in the world to offer a free domain, in order to promote vernacular languages and Indian scripts online. As per reports coming in, Govt. has proposed a new offer wherein anyone purchasing a new .in domain can automatically get a free .Bharat domain for a year.

A while back, very few knew about the existence of a smartphone brand, Coolpad. Fast forward to the present, and most of the smartphone enthusiasts have heard of Coolpad.

LeEco, the Chinese Technology giant, which has been making waves in Indian smartphone market have now launched 3 4K LED TVs in India at a event held in New Delhi. The 3 high-end flagship televisions that launched were Super3 Max65, Super3 X65 and Super3 X55.

Kishore Biyani led Future Group has joined forces with ecommerce behemoth & India’s largest mobile wallet company Paytm to create a mega coalition of offline-online retail: Big Bazaar.

With ‘myPlan Infinity’ Airtel is making voice calls free for their customers and offering them the flexibility to combine this benefit with their individual data requirements. With the new price points, Airtel has made the proposition even more affordable and this will benefit customers with very heavy voice usage.”

India is home to 4200 startups and the third largest startup ecosystem in the world, registering a growth of 40% year-on-year. GST will further boost the positive sentiment around the startup industry in India in many ways.

Facebook has now released an update that aims to tone down clickbait titles and show you the most relevant content. Facebook executives claim that their main aim is to rank content and provide the best experience to its users.

Toyota launched the Prius in India long time back, which absolutely bombed the market. It was launched way ahead of its time, and the market wasn’t mature enough to inculcate a fully hybrid electric vehicle. Now, Hyundai looking at the market, is planning to introduce its Ioniq plug-in-hybrid in India by 2017.

Also, do check out our up-to-date Indian Startup Funding & Investment chart that lists close to 2000 deals that have been struck since January 2015!

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