Weekly Wrap-up: Jio FTTH Broadband, Digilocker, iPhone 7 Launch & More…


We are at the start of yet another week, and as is customary here is a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason, worry not, here 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…

To mend the damage already done by Note 7, Samsung is offering its customers with an option to swap Note 7 with the S7 series. The company will start the process in a week or so and the customers will be able to swap Note 7 for either the S7 or the S7 Edge.

It is not just Jio that is contributing to the breaking news these days. We agree that Jio’s tariff plans are very attractive, but unlike other operators who are taking their own sweet time to respond to Jio, BSNL has announced a new broadband plan that offers 1 GB @ just Rs. 1!

In an interesting ruling, Bombay High Court has clarified that the mere act of watching a pirated movie is not criminal, however, selling or showing a pirated movie is a crime, as per the Indian Copyright Laws.

In terms of wealth creation, India is world’s 2nd most unequal country, only after Russia. Although we are right now world’s 7th wealthiest nation of the world, with $5600 billion in possession of the super rich; although the average wealth of a rich Indian increased by 400% in the last 10 years, we are doing very less for the underprivileged and the poor.

Reliance Jio’s 1 Gbps fiber broadband service would be made available across top 100 cities in the country. Note that India ranks 114 globally in terms of internet speed with average speed of just 3.5 Mbps.

A shocking revelation has been made by the Consumer Affairs Ministry, wherein they have complained to the Commerce Ministry that their emails regarding customer issues have been ignored by 46 ecommerce portals.

There were rumours that Google is going to drop the ‘Nexus’ brand name from its flagship lineup and the rumours seem to be quite on track. According to reports, the company will launch Pixel and Pixel XL on October 4 this year.

India is right now in the midst of an aviation revolution, which is unprecedented in the history. As per a new research, it was reported that airfares in India are cheapest in the whole world.

Snapdeal has come up with a way to boost its sales in the festive season coming up. The company will offer Rs. 1,000 Crores worth of collateral free loans to the sellers on its marketplace. This will equip sellers with enough money to stock up for the Diwali sales.

Google has some good news for you. A trans-pacific high speed internet cable system was decided to be installed between the United States and Japan in 2014, and the system is finally ready after 2 years of extensive work.

Google is planning a jump into the lucrative financial products niche by their new initiative: Bharat Saves, which would be a website and an app. Via this new venture, Google wants to teach financial planning to Indians.

The so called ‘free upgradation’ of SIM cards from 2G to 3G or 4G is the new ploy to lure customers into spending more, either intentionally or unintentionally. Govt. of India have decided to regulate the process so that those customers who do not wish to upgrade don’t do it due to aggressive campaigns by the telecom provider.

Now you will never need to carry Driving License & Registration papers of your vehicle physically with you as the Government has now come up with integration of these documents with their cloud backup solution – Digilocker.

The much awaited Apple smartphones have been unveiled by the tech Giant in San Francisco. iPhone 7 and iPhone 7 Plus are now official and come with mixed reactions, thanks to Apple’s strategy to remove the headphone jack and introduce wireless ear pods called Air Pods.

National Payment Corporation of India (NPCI), the parent organization behind UPI is leaving no stone unturned to convince ecommerce portals and service providers to join the bandwagon. As per reports coming in, 10-15 major e-tailers are likely to join UPI’s payment system in the next few weeks.

Uber will start integrating driver feedback into the app so that the drivers can get to see their shortcomings and improve in the future rides. This feature will roll out in Bangalore first, following by other major cities and towns.

On one hand Jio preview users have been suddenly, unceremoniously migrated to the welcome offer, there has been massive queues reported for getting a new SIM card and activation of new accounts is taking forever.

Google is now venturing one step further into the buying cycle, and transforming into a curated platform of selected fashion products; especially created for those who wish to buy a dress but ain’t sure about the brand.

The ‘Mahindra-Ola package’ deal will offer all the goodies to the drivers like choice of vehicle at attractive prices, vehicle financing options with zero down payment, subsidized insurance premiums and lower interest rates. We believe the KUV100, TUV100 and XUV500 will be the cars made available to driver partners.

ICICI Bank, which is India’s largest private bank, announced a giant leap in banking, when they announced deployment of 200 software robotics for performing 10 lakh banking transactions daily.

Because of the recent FDI norms in e-commerce, a single seller (vendor) may only participate in 25% of the overall sales in the marketplace. Cloudtail has had a share much higher than this, and to continue its sales on Amazon India, it will have to let go of some key segments.

Paytm founder Vijay Shekhar Sharma reported an increase of 162% in his net worth, which makes him the richest under-40 Indian entrepreneur. His net worth stands at Rs 7300 crore as of now, which is more than any under-40 Indian entrepreneur.

Hundreds of thousands of users trust that Reliance Jio will solve all the existing problems in coming weeks and months and are already eager to port their existing numbers from their current network to Reliance Jio Services to take advantage of free voice calling, free SMSes and most of all loads of 4G data. Here is the step by step process

Samsung Galaxy Note 7, the latest offering from Samsung has been deemed as dangerous and explosive, just like a time-bomb. Such is the scare that The Directorate General of Civil Aviation (DGCA) has asked all airports to stop passengers from using the phone inside the plane.

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