News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]

News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]

One of the biggest news of the week include Amit Ranjan, Co- Founder of presentation sharing platform SlideShare, who sold his startup to LinkedIn for $118.75 Mn in a stock-cum-cash deal in 2012, has been appointed by Narendra Modi to head government projects on open apps. Amit will take charge by February 2015.

Let’s have a look at the important developments of the week:

Xiaomi can sell cell phones once again in india

Previously Xiaomi got banned by the Delhi Government for selling and importing its cell phones in the country, but now the government has lifted ban from it. Xiaomi is now once again allowed to ship its cell phones powered by Qualcomm chipsets till January 8 in India. Before the ban the company used to sell only two handsets: Redmi 1S and Redmi Note in the country.

Microsoft opens its Official Brand Store on Amazon India

Online Official Brand Store has been opened by Microsoft on Amazon India. The store will be offering Microsoft products including Lumia and Nokia mobile devices, Windows phones and tablets, Xbox One and Xbox 360 consoles, games, packaged software.

CCI to look into Alleged Anti-Competitive Practices of ecommerce firms

Ecommerce firms like Flipkart India, Amazon, Jasper Infotech, Xerion Retail, and Victor Ecommerce among others will now be looked into alleged anti-competitive practices by CCI (Competitive Commission of India).  After massive discounts given by the firms they have come under the scanner of the CCI.

Bangalore transport Dept. Raids TaxiForsure Office

TaxiForSure has been illegally operating in Bangalore since 2011 and now the order has been passed by the transport department to the company stating to seize its operations in the country. On Tuesday, the Transport Joint Commissioner (Bangalore City & Rural) Narendra Holkar with the team raided TaxiForSure office in Jayanagar.

10 Startups raised more than 800 Mn in funding

The week went interesting for the startup ecosystem in the country with a number of startups raising funds. In Total, 10 startups raised more than $800 Mn in funding during the complete week. Of total $800, Flipkart alone has raised $700 Mn.

Govt Makes Aadhaar Cards Mandatory For Matrimonial Websites Registration

The Ministry for Women and Child Development wants implementation of Aadhaar on Matrimonial sites. According to them, this move will help matrimonial sites to verify the authenticity of the profiles they put up. At present, there are men who have multiple accounts in different websites which increases the chances of women being cheated while looking for grooms. This will also limit men faking their identity on matrimonial websites.

Delhi government working to introduce specific guidelines for cab booking startups

Delhi government is making specific guidelines in regard to the operations of the online and app booking services in the state which will also include mandatory installation of GPS devices and providing full database of their drivers to police.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]-Inc42 Media
News RoundUp: 8 Stories That You Don’t Want To Miss This Week [15-20 Dec]-Inc42 Media
You’re in Good company