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…

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…

Smartphone sales in India surge almost 3-fold in 2013

Smartphone sales in the country grew almost three-fold to over 44 million in 2013, buoyed by a strong uptake of affordable devices made by local firms such as Micromax and Karbonn, research firm IDC said today. Smartphone shipments stood at 16.2 million in 2012. “India was one of the fastest-growing countries worldwide in terms of…

With the Galaxy S IV, Samsung proves it’s not all about the iPhone.

It’s not just wishful thinking that Samsung’s new Galaxy S IV smartphone will go toe to toe with the iPhone. It’s an expectation. After years of producing middling smartphones, Samsung kicked its development and marketing budgets into overdrive. The end result: A critically acclaimed Galaxy S III smartphone that briefly outsold the iPhone last year….