Indian Bank & UIIC Jointly Launch New Portal To Sell More Policies Via Online Route

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State-run Indian Bank and United India Insurance Company (UIIC) have jointly launched a new portal exclusively to offer online entry and renewal of group insurance policies. Indian Bank had successfully mobilized a non-life insurance product for UIIC in the last financial year to the tune of Rs. 31 Crores (US$ 5.3 Million) and managed to earn a handsome fee of Rs. 3.23 Crores (US$ 0.5 Million) in...
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Zomato Plans To Redesign Its Rating Protocols After Lemp Incident

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The power of Social Media & Internet is a very interesting one. Zomato experienced the same owing to a few teenagers. Their experience after opting to go to a restaurant based on information obtained from Zomato, went viral and prompted the local listings and deals company to relook at their rating & information mechanisms. How did the Internet help? In this case the internet helped a few...
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Indian Government Surprised Over Alleged US’ Global Data Capture Efforts

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Following the uproar over alleged secret efforts by the United States of America (USA) to collate & sift through data of global netizens, the Indian Government appears to have initiated a formal approach to seek more information. Why is India concerned? Evidently, Indian Government too is not without its own agenda when it comes to keeping a close watch on internet activity. It had recently initiated...
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Attano’s Individual Chapter Purchase Aims To Alleviate Concerns With e-Book Prices

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Mumbai based online e-Books e-Commerce portal Attano has added a new & unique convenience feature that allows buyers to purchase individual chapters within an e-Book instead of paying for the whole copy. e-Books have been around for quite some time. In fact, they have come to the aide of students for their references & studies. But, purchasing a whole book for a few chapters has been a financial...
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Can eBay’s Homepage Personalization Boost Sales?

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Online marketplace & auction site eBay has begun to deploy a new feature that offers personalization of its home-page for regular customers. Titled ‘eBay Feed’, the feature will allow users to create/customize their own homepage on eBay, based on trends and brands and their interests. How does the feature work? eBay mandates a sing-up if a buyer is interested in participating in auctions or...
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Havas Media Acquires Big Data Analytics Firm MFG Labs

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Digital Communications & Analytics conglomerate Havas Media Group has acquired mathematical analytics company MFG Labs to augment its own offering. The company will soon infuse the technologies & algorithms developed by MFG within its core functions. What can MFG Labs offer Havas? Founded merely 4 years ago, the company is already a strong player in application of advanced mathematical models...
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Can Tablet Cafés Address Multiple Concerns For Developing Countries?

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Cyber Cafés or a place where a cluster of computers are installed to offer time-bound internet access facilities have been prevalent for quite some time & may have been losing their appeal due to proliferation of internet-enabled mobile devices. In an interesting twist to such traditional clusters, Google has decided to do away with the bulky computers & replace them with sleek tablets. In...
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Getit Gets 6000 Merchants Before Beta Launch Of Its Online Marketplace

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Getit Infomedia, a regional business listing & search platform has been getting ready to launch its own online marketplace platform. It appears, over 6000 merchants have already signed-up before its beta launch. Titled Getit Bazaar, the company wishes to convince about 20,000 stores to join its team within a year. What is Getit offering? The company which got the Foreign Investment Board to approve...
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Datawind Is India’s Top Tablet Maker According To Cyber Media Research

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Ultra-affordable education centric tablet computer manufacturer Datawind has emerged as market leader in India’s Tablet maker segment. According to market research firm Cyber Media Research (CMR), Datawind has even managed to surpass other regional players like Micromax & foreign players like Apple Inc. A similar survey earlier this year had indicated this possibility. The Britain headquartered...
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eBay Invests In Snapdeal In A Bid To Synergize Their Offerings

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Online marketplace & auction site eBay Inc. has invested in online shopping & deals portal Snapdeal. Though the exact quantum of investment has not been disclosed, based on the previous rounds involving the same parties, industry experts are pegging the figure at US$ 30 – 50 Million. Two months ago, multiple parties including Junglee founders Venky Harinarayan and Anand Rajaraman, along...
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