News Roundup: India probes Google, Yahoo for possible forex violation

India probes Google, Yahoo for possible forex violation

The Indian government is investigating whether the local units of U.S. Internet giants Google Inc. and Yahoo Inc. may have violated the country’s foreign-exchange laws.

A senior official at a division of India’s federal finance ministry, which monitors foreign-exchange transactions and money laundering activities, said that notices have been sent to the local units and that they are being investigated for potential foreign-exchange violations.[WSJ]

Also see: Blackberry gives in, to set up its server in India

airtel launches self-help service for prepaid customers

Bharti Airtel has announced the launch of India’s first online self care services for its prepaid mobile customers across the country. With this, prepaid mobile customers on Airtel can now log onto to access and manage their mobile accounts – anytime, anywhere!

Prepaid My Account’ is a simple, secure and convenient way for Airtel prepaid mobile customers to access a whole host of functionalities including checking balance, recharging, starting / stopping VAS services, provisioning 3G, raising and tracking service requests, viewing last 5 recharge details etc. Airtel prepaid mobile customers can visit the new self care website to receive and activate customized offers on ‘my airtel, my offer’ (MAMO), view tariff & top up options, request for the itemized bill and more!

Gunaranjan Pemmaraju To Head Walmart Labs Indian Operations

Guna is a seasoned technology leader who comes to @WalmartLabs from Bangalore, where in his role as Director of Engineering responsible for global payments, he set up and grew teams that delivered business-critical technology and services.

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