eBay India, a leading online marketplace and shopping destination, has launched a one week campaign by giving 60% off on products in the clothing and accessories category, celebrating World Fashion Day on Aug 21. Consumers can style up their fashion and enjoy the deal with a wide range of products across the clothing and accessories […]
The Centre requested states to crack down on hoarders of essential commodities ahead of the festival season, and if necessary, create a special police department for the purpose. As of now, only Tamil Nadu has a special police department dedicated to prevention of hoarding and other price manipulation of essential commodities. At a meeting held […]
Jyothy Laboratories said profit increased by 78.2% in the Apr-June quarter to Rs. 45.9 crore, helped by lower commodity prices. Sales were up by 8.9% from Rs 403.9 crore compared with the same period last year. He further added that good monsoon across most of the country will see a revival of demand in consumer goods. […]
Noble Skiodo TV — which has attracted attention with its ultra-cheap prices, has launched its biggest model in India: a 65-inch Full HD Android TV priced at Rs 85,000. At present, 65-inch TVs are the domain of big brands such as Samsung, LG, Sony and more recently, LeEco. However, these models cost above Rs 1 […]
Tata group’s multi-brand phygital ecommerce platform, Tata CLiQ announced a seven-day independence sales, offering items such as LED TVs and smartphones for as little as Rs 70. Consumers will get 70 great deals spread over a period of 7 days for everyone with special offers on electronics from 8th to 10th August and handsome discounts […]
Government of India stepped into a new era of procurement today with the inauguration of its e-Marketplace. It will now be possible for government officials to buy common use items in 26 categories like computers, office equipment, stationery, via the portal. Apart from goods, the system also allows for requisitioning services, such as engaging a […]
Lenovo said it will launch two new phones today, catching everyone by surprise as the company was expected to reveal only the K5 Note today. K5 Note is the third in the K5 series. The phone is priced at Rs 11,999 for the 3 GB version and Rs 13,499 for the 4 GB variant. The […]
Amazon has brought ‘premium membership’ program Prime to India at an inaugural price of Rs 499 per year. It is also offering a two-month free trial period. While the main selling point of the program is cheaper and faster shipping, it also comes with a unique advantage in India — if you are a Prime […]
SSG Capital Management Group is investing up to Rs 580 cr to acquire 40% stake in Future Supply Chain Solutions Ltd (FSC) from the existing shareholders of the company at a valuation of up to Rs 1,450 cr. This will include 14% stake to be acquired from Future Retail Ltd (FRL) and the management team […]
Flipkart today announced the acquisition of PhonePe, a Bangalore based mobile payments company. Co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari, PhonePe is building India’s first Unified Payments Interface (UPI) based product. UPI, planned to go live in the April, will allow users to transact using their unique identification and mobile phone number or […]
The number of people shopping online is expected to rise to 8 cr (80 mln) this year from 5.5 cr in 2015 with better infrastructure in terms of logistics, broadband and Internet-ready devices, according to an ASSOCHAM-PwC study. The overall e-commerce industry, valued at $25 billion at present has been growing at a compounded annual […]
LeTV Le 1s, the runaway hit from LeEco, continues to remain in stock on Flipkart today, even 9 hours after the latest open sale began. This has come barely a week after the phone’s first open sale saw stocks exhausted before most people had a chance to buy because of extremely high demand. On Feb 25, the stocks […]
The impact of rising prices is being felt more by people in the villages compared to those in the cities due factors including unscrupulous traders, Assocham said. “Amidst the agriculture sector facing a crisis-like situation, distressed rural population is carrying the burden of only in food and beverages but also in a number of essential […]
Trent Ltd, which operates the various retail chains of the Tata Group, said US-based Amazon.com has agreed to buy a 26% stake in its fully-owned subsidiary Westland for Rs 95 mln. It will also get an option to buy out the remaining 74% from the Tatas. Before the transaction, the entire shareholding of Westland was […]
Dabur India Ltd reported a 2.4% growth in Consolidated Net Sales at Rs 2,122.4 Crore for the third quarter despite what it called a challenging business environment and continued softer consumption trend across the industry. The Company ended the third quarter of 2015-16 with a 12.6% rise in Consolidated Net Profit at Rs 318.5 Crore, […]
A day after Flipkart gave discounts on many top mobile phones, Amazon India is offering price cuts on smartphones and mobiles as part of its Great Indian Sale today, including the open sale of Yu Yutopia. YU Yutopia OPEN SALE Surprisingly, the Great Indian Sale includes the open availability of Yu Yutopia, a quad-HD mobile […]
So you’re upgrading your TV and want to make sure that you futureproof it by buying the best available within your budget. Perhaps you’re buying a new monitor for your PC and want to ensure that it’s got at least as much resolution as your latest phone? Welcome to the world of ultra-high-definition TVs and monitors. DO […]
Google India has cancelled its three-year-old annual shopping event – the Great Online Shopping Festival, taking a step back to let the big giants like Flipkart and Amazon do their own thing. As Google pointed out, back in 2012, when it launched Great Online Shopping Festival to rival USA’s Cyber Monday, the total online shopping Industry […]
Amazon India will launch a special store on national sports day on August 29. The store will include a wide variety of outdoor and indoor sports, as well as great deals for the entire week. “All sports enthusiasts can now shop for a wide selection of sports equipment all at one place,” it said. “India […]
Amazon India today announced the launch of its Household Supplies store that offers a wide range of products including dishwashing detergents, household cleaners, laundry detergents, paper, plastic wraps as well as puja supplies. These products will be delivered to any place in India. The entry of the giant into this space could squeeze specialized online […]
