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TRAI floats pre-consultation paper on net neutrality

PTI

Telecom regulator Trai on Monday issued pre-consultation paper on net neutrality, a topic that had kicked up dust earlier this year over platforms like Facebook's Free Basics and Airtel Zero as well as attempts to charge certain Internet services, including calls.

HT Media to invest $4.4 mn in lifestyle e-tailer Koovs

Nishant Sharma

Newspaper publisher HT Media Ltd has agreed to invest £3 million (about $4.4 million or Rs 29.5 crore) for an 8.31% stake in Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com.

Infibeam to invest up to $6.7 mn in CCAvenue

Arti Singh

E-commerce firm Infibeam Incorporation Ltd said on Monday it will invest up to Rs 45 crore ($6.7 million) in the company that operates the payment gateway CCAvenue.

Exclusive: Parampara Capital invests $1 mn in appliances maker Atomberg

Nishant Sharma

Atomberg Technology Pvt Ltd, a Mumbai-based startup that is developing energy-efficient and smart household appliances, has raised about $1 million (Rs 6.7 crore) 

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