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1. Yu 'Yutopia' launched priced at Rs 24,999: YU Televentures, a unit of country's second largest handset firm Micromax, today launched its flagship device Yu 'Yutopia' priced at Rs 24,999 with integrated services. 'Around YU' marks the entry of YU into software services that will offer users access to verticals like travel, food and entertainment through a single window. "This is our flagship device and the suite of new services will provide a differentiated and coherent experience to consumers. While we are starting with Yutopia, we will look at bringing Around YU to our other devices as well," YU Televentures founder Rahul Sharma said.
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2. Suich to sell Made in India power banks priced at Re 1 under scheme: Mobile phone maker Suich Industries will start selling its domestically produced power banks for Re 1 under launch scheme at ecommerce platform Paytm. "After having expertise and control on quality and understanding of latest technology we have decided to get into direct product for and have launched brand SUICH in the market. Our new range of power banks is high capacity and quality product and better than other Chinese products," Suich Industries MD Gunnit Singh said in a statement. The company will start selling its power bank in 3 variants 5000mAh, 7500mAh and 10,000mAh capacity on Paytm starting December 21. It will offer power bank to first 1,000 people who will register flash scale scheme.
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Free Basics by Facebook: Facebook on Thursday said it has shut down its Free Basics programme that aimed to provide free internet access to people who could not afford to pay for data.Free Basics is a joint service by Facebook in partnership with Reliance Communications. The move comes after Trai earlier this week ordered that no service provider shall enter into any kind of pact with any person, or organisation, “that has the effect of discriminatory tariffs for data services being offered or charged to the consumer on the basis of content,” or offer data on “differential pricing” plans.
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4. Apple names Jeff Williams COO, a job once held by Tim Cook Apple Inc promoted longtime executive Jeff Williams to the role of chief operating officer, reinstating the title previously held by Chief Executive Tim Cook, as part of a series of changes to the company's leadership team. Williams, who joined Apple in 1998, previously served as senior vice president of operations and oversaw development of the Apple Watch, the company's first new product since the iPad. In charge of the iPhone maker's supply chain, and service and support operations, he also looked after the company's social responsibility initiatives. (Image Source: AP)
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5. Idea Cellular mulls hiking data charges: Telecom major Idea Cellular is considering a hike in data charges as it seeks to improve its margins hit by competitive pricing, sources said. While a spokesperson did not reply to repeated queries in this regard, the company sources said there are plans to increase the price points for data in the next few weeks but the hike will vary from market to market and would depend on competition. The company will continue to remain competitive in the circles it operate, they added. (Image Source: Reuters)
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6. Google Android to have Indian dessert name? Sundar Pichai will ask mom!: He runs global internet giant, but the question that stumped Sundar Pichai on his first India visit as Google CEO was whether the popular mobile operating system Android can be named after an Indian dessert! A smiling Pichai replied he will ask his mother for suggestions and Google can even go for an online poll to decide the name. He was interacting with students at the prestigious Shri Ram College of Commerce on the second day of his India visit. Some of the suggestions that came at the event itself included 'peda', 'neyyappam' and 'nankhatai'. (Image Source: PTI)
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7. Khan Market remains most expensive to rent a shop in India: National Capital's upscale Khan Market has retained its place as the most expensive location to rent a shop in the country, while its global ranking has moved up two places to 24th position, according to a report. "Khan Market, which is the most expensive retail location in India, was ranked at 24th Position moving up two places," property consultant Cushman & Wakefield said in the report. The consultant released its annual flagship report 'Main Streets Across The World'. (Image Source: Reuters)
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8. Anil Ambani, Spielberg join hands to form Amblin Partners: The Anil Ambani-owned Reliance Entertainment and acclaimed Hollywood director Steven Spielberg's DreamWorks today announced formation of Amblin Partners — a new film, television and digital content creation company. Participant Media led by Jeff Skoll and Entertainment One (eOne), a leading US-based media company, are also part of the joint venture. The firms have raised USD 500 million debt for the venture. The fund-raising was arranged by JP Morgan Chase together with Comerica Bank, which served as the Co-Lead. Other financial institutions involved in the process include Sun Trust Bank, Union Bank, City National Bank and Bank of America, among others. (Image Source: Reuters)
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9. Uber expands services to four more cities: Cab hailing app Uber has expanded operations in four more cities of Ajmer, Jodhpur Udaipur and Mangalore, taking the total to 26 towns in the country. The company said the launch comes after it signed an MoU with the Rajasthan government early in November to provide 35,000 new entrepreneurship opportunities, contribute to technology-related skills training and smart city initiatives and a commitment to launch its ride-sharing service in the state. Mangalore will be the third city in Karnataka where Uber has launched its operations. (Image Source: Reuters)
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10. India behind Kazakhstan, Ghana in Forbes' best countries for business list, ranks 97th: India has been ranked a low 97th out of 144 nations, behind Kazakhstan and Ghana, on Forbes' annual list of the best countries for doing business in 2015, scoring poorly on metrics like trade and monetary freedom and tackling challenges like corruption and violence. Denmark topped the list of the 144 nations on the Best Countries of Business in 2015 list by Forbes. The US has dropped four spots to number 22, continuing a six-year descent since 2009 when it had ranked second overall. The US is the financial capital of the world and its largest economy at USD 17.4 trillion (China is second at USD 10.4 trillion), but it scores poorly on monetary freedom and bureaucracy/red tape, Forbes said. (Image Source: Reuters)
GST 2.0 comes into effect: Royal Enfield Hunter, Bullet, and Classic now cost less than Apple iPhone 17 Pro Max
