Indian Media Magazine – Media, Television, Movie and Celebrity News

The Law Min­istry has given its nod to the Depart­ment of Tele­com for tak­ing action against tel­cos that have been offer­ing 3G ser­vices in ser­vice areas where they were not allot­ted 3G spec­trum via Intra-circle roam­ing agree­ments, fol­low­ing which the DoT intends to direct oper­a­tors such as Voda­fone, Idea and Air­tel to stop offer­ing 3G ser­vices in …

OnMo­bile Global reported con­sol­i­dated prof­its of Rs 9.52 crore for the quar­ter ended 30th June 2012 (Q1-FY13), down 25.5% year on year and almost dou­ble the profit last quar­ter. There was some cheer for the com­pany on the rev­enue front: a topline of Rs 185.21 crore is its high­est for a quar­ter till date, and marks its …

Wealth India Finan­cial Ser­vices (WIFS), the com­pany behind online invest­ment ser­vices plat­form FundsIndia.com, has raised Rs 20 crore in its sec­ond round of fund­ing, as reported by The­Hin­duBusi­nessline. Accord­ing to the report, the invest­ment will be used by FundsIn­dia to expand cus­tomer base and enhance the company’s online plat­form with new prod­ucts and ser­vices. Foun­da­tion Cap­i­tal, a Sil­i­con …

Medi­aNama hosted a panel dis­cus­sion on the “Mon­e­ti­za­tion of Mobile Apps” at the mBil­lionth Awards South Asia 2012 on July 21st at the Eros Hotel, New Delhi. We had Dr. Abhi­nav Mathur (Spice Labs), Ashay Pad­wal (Vserv.mobi), Dev Khare (Light­speed Ventures), Jonathan Bill (Voda­fone India), and Rajiv Kumar (Rock­eTalk) on the panel, with Nikhil Pahwa (Medi­aNama) mod­er­at­ing the session. We …

It looks like InMobi is on an acqui­si­tion spree focus­ing on app dis­tri­b­u­tion & mon­e­ti­za­tion plat­forms– the mobile ad net­work announced the acqui­si­tion of Metaflow Solu­tions, a UK-based mobile app man­age­ment and dis­tri­b­u­tion solu­tion provider. While the finan­cial details of the acqu­si­tion were not revealed, InMobi stated that the Metaflow solu­tions team will be an inte­gral part …

Yahoo’s interim chief exec­u­tive offi­cer Ross Levin­sohn, who held the post until the board appointed for­mer Google exec Marissa Mayer, for the job, is leav­ing the com­pany. Levinsohn’s last work­ing day will be July 31, 2012. The news comes after Sun­ny­vale, California-based Yahoo reported in a reg­u­la­tory fil­ing not­ing sev­er­ance agree­ments between Levin­sohn and Yahoo, as reported by Allth­ingsD. Levin­sohn …

Broad­caster NDTV has filed a law­suit worth bil­lions against The Nielsen Com­pany for manip­u­lat­ing TV rat­ings and view­er­ship data in favour of TV chan­nels will­ing to pay bribes to its offi­cials, reports Dead­line. (Hat Tip – @nitinmathur) As per the law­suit, NDTV is now seek­ing $580 mil­lion for gross neg­li­gence against TAM and mis­rep­re­sen­ta­tions, $810 mil­lion for …

The Depart­ment of Tele­com (DoT) has asked the For­eign Invest­ment Pro­mo­tion Board (FIPB) to make a deci­sion on Uninor’s rights issue only after tak­ing into con­sid­er­a­tion the pend­ing issues related to the com­pany, reports The­Hin­duBusi­nessline. The report sites an inter­nal DoT note, which the pub­li­ca­tion claims to have access, to con­firm the move. Accord­ing to the …

Aakash Edu­ca­tional Ser­vices Lim­ited has part­nered with DTH ser­vice provider, Bharti Airtel’s Air­tel dig­i­tal TV, for pro­vid­ing coach­ing ser­vices through its inter­ac­tive ser­vice, iExam, . Cur­rently, the ser­vice pro­vides one year test series courses for med­ical entrance exams – for the aspi­rants of Class XI, XII; med­ical entrance exams viz. NEET (AIPMT), AIIMS, and other med­ical entrance exams for 2013. The course …