India’s Online Streaming Infatuation Is Taking Over Its Love For Cinema

In two years, digital entertainment in India will be bigger than the world’s largest film industry. That’s because more and more Indians are logging on to services like YouTube, Hotstar and Netflix on smartphones, according to a recent joint report by EY India and FICCI on the media and entertainment sector. Revenue from films is…

Paytm Founder Sells 1% In One97 Communications For Rs 325 Crore

Paytm founder Vijay Shekhar Sharma has sold 1 percent of his shares in One97 Communications Ltd. to its shareholders for about Rs 325 crore. The amount raised will be utilised for Paytm’s proposed payments bank operations, in which Sharma holds 51 percent stake. Confirming the development, a Paytm spokesperson said: “It is done for Paytm…

Somebody’s Wrong on Reliance

Shareholders in Reliance Industries haven’t had it this good for a long time. After years of under-performance, the Indian oil refiner’s stock has zoomed 21 percent since the end of September, versus a 6 percent drop in the benchmark Sensex. Chairman Mukesh Ambani’s net worth has swelled to $21.7 billion. And now, its latest quarterly earnings have shown that cheap…

A vicious new Android bug can make calls, send messages, and take photos all while your phone is ‘off’

  A sinister new bug hitting Android devices is capable of making calls, sending messages, and taking pictures, all while the phone appears to be off. According to a report from the security research firm (and anti-malware software publisher) AVG, the malware—called PowerOffHijack—presents a fake dialogue box that prompts the user to shut down when the power button…

6 tech trends for 2015 that will change our future

  Technology and innovation can be frustrating to watch in action. That’s because there usually isn’t much action — just incremental change with occasional flashes of brilliance. But the only way to truly understand what’s happening and why is to keep watching. Breakthroughs from years ago are finally leading to real products and services today….

Sleepless nights for telcos as Reliance Jio prepares for 2G war

The veil of secrecy is slowly being lifted over Reliance Jio. No sooner was it made public that Reliance Industries’ telecom venture has shown interest in bidding for the upcoming spectrum auction, the analyst community seem to have woken up from their slumber. Some have downgraded other companies in the sector while some others say…