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1.Q1-11: Tata Teleservices Maharashtra VAS & Data At 18.5% Of Wireless Revenues (www.medianama.com)
Tata Teleservices Maharashtra Ltd (TTML) reports that around 18.5% of its total wireless revenues now are from its VAS and Data services business, which includes the wireless broadband (EVDO) service Tata Photon+. A year ago, VAS and Data used to contr...
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2.Rediff Loss Down 17% To $1.18M; Pricing Up 26%; Revenue Up 4.44% (www.medianama.com)
“Online advertising in India definitely has resumed growth,” according to Rediff.com Chairman and CEO Ajit Balakrishnan, who says the pricing power for the company, on an average, grew 26% as compared to the same quarter last year. However,...
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3.News Digest: Nokia, Qualcomm, BSNL, Huawei, IRCTC, DoT & More (www.medianama.com)
Nokia’s Own Web Browser – OVI
Eldar Murtazin confirms that Nokia is releasing its own desktop Internet browser – OVI Browser. It’s is a WebKit based desktop Internet browser, optimized for the use of OVI services, including close inte... -
4.June 2010: Indian Opera Mini Users Consuming 8MB/Month; GetJar Number 5 Site (www.medianama.com)
Opera Software has released statistics on the data consumption patterns among users of the Opera Mini, including those in India: while exact information is not available, the company says that there has been a 374.4% year-on-year increase in total numb...
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5.Earnings Digest: Zee News, ZEEL, TV Today, SUN TV, Tata Comm, Mid Day, Balaji Telefilms (www.medianama.com)
Zee News Rev Falls 52.8%
Zee News has recorded a 52.8% fall in consolidated revenues year on year to Rs. 648.5 million in the quarter ended June 2010. Net profit fell 72.2% year on year to Rs. 33 million. Expenditure also reduced considerably by 48.6%...
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6.OnMobile Call: RBT Trends, BIG FM, One97-SAIF, VAS Regulation, Widget Factory (www.medianama.com)
OnMobile Global CEO Arvind Rao began the companys conference call on a positive note, saying that though the last year was a bad year for the Indian VAS market (TRAI directive, price competition between telcos), “We’re beginning to see a tu...
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7.HT Media Internet Revenues At Rs. 20 M For Q1-11; School On Web (www.medianama.com)
For the quarter ended June 2010, HT Media’s Internet business Firefly eVentures (under which are jobs classifieds site Shine.com and social networking portal DesiMartini.com) has experienced a 30% fall in revenues to Rs. 20 million from Rs. 28.6 ...
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8.Vizisense Launches Paid Features In India; Appoints Australia MD (www.medianama.com)
(By Anmol Pradhan & Nikhil Pahwa)
Vizisense, the audience measurement system from Komli Media, has gone freemium, launching paid options for audience measurement, over and above its free site statistics. This is in line with what Komli Media COO P... -
9.Mid-Day Acquires Classifieds Company SnatchKing; Why? (www.medianama.com)
Midday Infomedia has acquired SnatchKing, a company which was powering print classifieds on the web for a number of media businesses, including the Times Group (Mumbai Mirror), Dainik Bhaskar and Midday itself. Snatchking also runs SnatchKing.com, a si...
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10.Cheque Please! PayPal Stops Electronic Transfers To India (www.medianama.com)
Online wallet company PayPal, which ran into regulatory trouble with the Reserve Bank of India (RBI), has said that it is stopping electronic transfers to the country, until further notice. In an email sent out to account holders from India (a copy of ...
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11.Job Portals In India & The Pain Of Finding A Job (www.medianama.com)
Indus Khaitan, General Partner at The Morpheus, on the state of job portals in India. Reproduced with permission from his blog.
Around 10 weeks ago, I started an experiment to assess the state of affairs of the online career portal market in India. Mor... -
12.Rediff Launches Casual Games PlayGully; Opens API For Game Developers (www.medianama.com)
Rediff.com has introduced PlayGully, a casual games offering for its users, which has been integrated with social MyPage profiles feature. Most of these games publish a feed to the Rediff MyPage, making them socially engaging. The game catalog is casu...
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13.Dish TV Revenue At Rs. 3043M; Net Loss Up 5.7% QoQ; ARPU Up To Rs. 139 (www.medianama.com)
The FIFA World Cup gave DTH company Dish TV a golden quarter with additions soaring in June as the country scrambled to buy DTH connections and watch (or record?) the matches. Dish added 0.64 million new connections in the quarter, taking the company...
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14.News Digest: Airtel.com, Disney Movie Club, Google Gov, Facebook, Ozone Media & More (www.medianama.com)
Bharti Airtel Reclaims Airtel.com Domain
Bharthi Airtel Limited, has won back the Airtel.com domain from Ramandeep Singh, via the WIPO arbitration process. Airtel.com was previously with Vodafone, which it had acquired following its acquisition of Airt... -
15.T-Series Acquires Rights To Eros Music Content (www.medianama.com)
Music label T-Series has acquired rights to music and audio-visual content from Eros Films, across all formats, reports Bollywood Hungama; This includes content for three upcoming films Anjaana Anjaani, Ra.One and Rockstar. This gives T-Series the righ...
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16.Updated: MakeMyTrip Files For $100 Million IPO On NASDAQ; FY10 Loss At $6.2 Million (www.medianama.com)
Online travel agent MakeMyTrip has filed a preliminary prospectus with NASDAQ for raising $100 million, reports Reuters. MakeMyTrip is the second SAIF Partners funded company in recent times to file for an IPO: One97 Communications filed for a listing ...
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17.HCL Launches ME Gaming Consoles; What Is A Converged Handheld Gaming Console? (www.medianama.com)
In a gaming world dominated by consoles like the PSP and Gameboys, HCL comes with its latest “innovation”, launching ME Gaming devices, which are powered by ‘analytical and brain training games’. HCL claims this series of seven ...
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18.Vodafone Essar’s ARPU Drops To Rs.191, Rev Up 26.4% YoY (www.medianama.com)
New telcos may have wooed many customers to defect to their side, but Vodafone Essar claims they are returning to its network after using promotional plans offered by new operators. Yet, the operator has added fewer connections in the June quarter R...
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19.June 2010: 9.45M Broadband Connections In India; 17.97M Mobile Additions (www.medianama.com)
Yet again we witnessed a rather insubstantial rise of 2.27% in the number of Broadband connections in India, while the Wireline subscriber base has declined by 0.016% over the past month. BSNL/MTNL holding the maximum market share of 84.09%, dominate t...
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20.NewsDigest: Astro, RIL-Infotel, Zedo, Orkut & More (www.medianama.com)
Astro picks 80% in TVPL
Malaysia-based investor Astro All Asia Networks (Astro) has picked up 80% stake in Turmeric Vision Pvt Ltd (TVPL). So far, Astro has picked up significant stakes in over half-dozen Indian companies. [Financialexpress]
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21.OnMobile Global Standalone Net Profit Up 22.2%; Content Costs Down (www.medianama.com)
On a consolidated basis, OnMobile Global reported an 15.4% increase in total revenues to Rs. 1.23 billion, compared with Rs. 1.02 billion during Q1 last year; the company also reported 105.8% year-on-year increase in consolidated net profit at Rs. 178....
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22.BSNL Enables Bill Payment, Top-Up With Union Bank Of India; Why Stop There? (www.medianama.com)
Indian government owned telecom operator Bharat Sanchar Nigam Limited (BSNL), has enabled the payment of its mobile bills and purchase of mobile top-ups through mobile and Union Bank of India (UBI) ATMs. Union Bank of India account holders who are BSNL...
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23.Q1-11 Call: Expect More External Investments From Info Edge (www.medianama.com)
According to Info Edge’s management, the company has restructured its top management so that former CEO & MD, now Vice Chairman Sanjeev Bikhchandani can spend more time on looking at external strategic investments and acquisitions for the com...
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24.Thank You Sponsors: IMI Mobile, Yahoo, Network18 (www.medianama.com)
We’d like to take a moment to thank our sponsors for having chosen to support MediaNama in its endeavor to provide our readers with insightful and detailed coverage of the mobile and Internet media ecosystem. Our thanks go out to:
IMImobile: a global s... -
25.Changes At The Top At Info Edge (Naukri); Net Profit Up 30% (www.medianama.com)
Changes are being made in the top management at BSE listed classifieds company: from July 26, 2010, current Chief Operating Officer & Whole-time Director, Hitesh Oberoi has been promoted to Managing Director & Chief Executive Officer, replacing...