Will OnePlus 3 from Flipkart get warranty support from manufacturer?

OnePlus 3, arguably the most successful premium phone of 2016 in India, may not get warranty support from the manufacturer if purchased from Flipkart, going by a statement by the company. The company issued a statement that seemed to suggest that Flipkart’s sale of the model is not authorized by the company. “We have an exclusive partnership with Amazon in India. We advice customers to purchase OnePlus products only through official channels as we cannot guarantee the authenticity of the products sold elsewhere,” the company said. Typically, warranty is provided to a…

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Shoppers Stop opens new MAC outlet in Malad, Mumbai

Retailer Shoppers Stop Ltd. said it has opened one ´M.A.C´ branded outlet at at Inorbit Mall in Malad, Mumbai. With the opening of this store the company now has 41 M.A.C stores under its operations. Shoppers Stop is an Indian retailing company promoted by the K Raheja Corp Group, started in the year 1991 with its first store in Andheri, Mumbai. The company began operating as a chain of department stores under the name “Shoppers’ Stop” in India. It has services across 35 cities in India. Shoppers Stop stores provide…

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Card payments slow as people start swiping more after Demonetization

Swiping a debit or credit card at the local grocery store or supermarket is supposed to be the best way to beat the demonetization blues, but going by social media feedback, these networks are getting overloaded as well. In fact, our own staff have found that they have had to swipe their cards 3 or 4 times for the transaction to go through. Sometimes, it doesn’t go through at all — especially in smaller shops which have only one point-of-sale or swiping machine. “It took me 10 minutes to complete…

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Kerala merchant’s union strike against black-money currency move

Kerala’s merchants and traders union has asked its members to shut all shops from Tuesday to protest the Center’s decision to swap currency notes to control black money. The central government has withdrawn existing 500 and 1000 rupee notes and asked everyone holding the same to get them exchanged with new notes from their nearest banks. The move is seen as a reaction to the pinch felt by the trading class, arguably one of the worst affected by the crackdown. The reason given by the ‘Kerala Vyapari Vyavasayi Ekpana Samiti’…

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Crossword opens at Viviana Mall, Mumbai

Viviana Mall, one of the leading retail malls in Mumbai Metropolitan Region, said the bookstore Crosswors has opened its 1800 sq ft store in the mall. Crossword currently has 94 stores (50 own stores and 44 Franchised stores) spread in different cities across India. It is a wholly owned subsidiary of Shopper’s Stop Ltd. Apart from a varied variety of books, Crossword will also offer apparels, toys, gifting, music, movie, games, premium pens, stationary and toys to its customers, it said. The store will also provide the facility such as free…

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Shutters down on two Shoppers Stop, one Hypercity outlets

Shoppers Stop Ltd said it is closing down its two stores at Inorbit mall at Pune and Nirmal Lifestyle at Mulund due to the decrease in business and low profitability. “The sales during last financial year from the store at Inorbit mall was Rs 2,491.20 lacs, which was 0.66% of the company’s turnover and the sales from outlet at Nirmal Lifestyle was Ts 1,667.90 lacs, which is 0.44% of the company’s turnover”, the company said. With these closures, the company now has 81 ´Shoppers Stop´ stores under its operations. The…

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Ambrane launches ´BT-5000´ bluetooth speaker @ Rs 1499

IT brand Ambrane India said it launched a new bluetooth speaker BT5000, priced at just Rs 1499. Ambrane is one of the leading IT brands in computer peripherals, Mobile Accessories and No. 1 in Power Banks. The speaker has in-built Magnetic trumpet that improves the quality of perceptible audio output giving the user a loud and crystal clear sound, the company said. Equipped with 400mAh battery with which music playback will last for 6-8 hours. It has 3W speaker and a built-in microphone that also allows the user to make…

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Rajesh Exports starts second phase of retail expansion with Bangalore

Gold Jewellery exporter, Rajesh Exports Ltd said it launched its 81st retail showroom under it’s brand name ´Shubh Jewellers´ at Bangalore. “With this launch the company has launched it’s second phase of retail expansion. The company in the second phase of retail expansion has finalized plans to launch series of retail showrooms in the four southern states of India”, said the company. It had completed the first phase of retail launch by launching 80 Shubh Jewellers showrooms. “We had completed the first phase of 80 showrooms after which we had…

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V2 Retail opens its 32nd store in Sitamarhi, Bihar

Value retailer V2 Retail Ltd. said it has opened a new retail store at Sitamarhi, Bihar. By this launch V2 retail currently has 32 operational retail stores across the country. V2 Retail Limited is a retail company in India. It offers more than 70,000 products including ready made, apparels, household merchandise and other consumer goods like footwear, cosmetics, home furnishing, décor product & sports items. Ram Chandra Agarwal founded the company as Vishal Garments store in Kolkata in 1994. V2 stands for ‘value and variety’ and has stores in Delhi-NCR,…

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FujiFilm offers discounts on Instax instant photo maker

As the festive season is approaching many brands and online sites are offering huge discount sales and gifts on products to attract consumers in a wide range. And adding more color and to capture each moment of happiness FujiFilm India Pvt Ltd has introduced its new and exciting offers on its popular Instax Mini 8 cameras. The company has lined up 3 new offers for its customers this season – the Mini 8 Bundle Pack, Mini 8 Festival Box and the Mini 8 Party Box. Fujifilm had launched its Instax range…

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itel launches VoLTE phone with Iris scanner @ Rs 8,490

itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion for the selfie-loving, mobile-first Indian consumer!,” says the mobile company. The SelfiePro it1520 comes with a 5-inch HD IPS On-cell display with a screen resolution of 1280×720 pixels. It houses a 1.3 GHz MediaTek quad-core…

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NewU launches new beauty brand Jaquline USA

Dabur India Ltd’s beauty retail venture, NewU said it was bringing the make-up and beauty brand — Jaquline USA — to India. The new brand Jaquline USA will feature a range of make-up & beauty products. “NewU is the first Indian company to enter the Nail Care and Styling market with a range of products. The brand’s first collection will include a range of affordable high performing Nail Care & Styling products along with a line of top quality gel finish nail enamels in both matte and glossy shades,” NewU…

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Tata CLiQ ecommerce website starts Diwali discounts and offers

Tata group’s ecommerce venture CLiQ has announced its first festive season offers by providing exciting deals, new launches, flash sales, best price offers and bumper prizes for its customers. “Tata CLiQ has earmarked 50% of its marketing budget for the one month long festive offer named ´Festober´ celebrations,” said the e-commerce website. Tata CLiQ will be running offers with its partners Croma, Westside and Bestseller to provide exciting and exclusive deals for the consumers. “We have witnessed a 3X growth since our launch with a 15% repeat rate amongst customers…

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Mahindra invests in online agri-retail start-up Merakisan.com

Mahindra & Mahindra´s agri solutions company Mahindra Univeg Pvt Ltd. said it has invested in Merakisan PVt. Ltd., an agri e-commerce start-up. Mahindra Univeg Pvt Ltd. is a 60:40 joint venture between Mahindra Agri Solutions Ltd. and and Belgium based Univeg (Greenyard Foods). It focuses on developing fresh fruit supply chain in India and imports fruits to make high quality produce available to domestic consumers. “Merakisan’s business model augments disintermediation at various levels in the fruits and vegetables delivery value chain, directly benefitting the farmer and the end consumer,” the…

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Packaged food market reached $51 mn mark in 2015: Study

Clocking a compounded annual growth rate (CAGR) of about 16 per cent, the packaged food market in India is expected to have crossed $51.5 million (mn) mark in 2015 as against $25 million in 2010, noted a recent ASSOCHAM-TechSci Research joint study. “In wake of the increasing disposable incomes and growing number of nuclear families, market share of packaged food in processed food market is expected to marginally increase to about 29 per cent in 2016 from about 28 per cent in 2015,” according to the study titled ‘Dynamics involved…

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Future Retail adds 3 lakh sq ft retail space, shuts down ecommerce site

Future Retail, one of the leading retail chains in India, has increased its retail floor space by 3 lakh square feet to 1.3 cr square feet during the April-June quarter this year, said the company. The company has increased its floor spaces in nine cities which includes Hyderabad, Pune, Mumbai, Indore, Nellore, Gaya and Keonjhar. Hyderabad (62,517 sq ft) and Pune (34191 sq ft) were the major cities where expansion was focused. Future Group had yesterday announced the shutdown of its ecommerce venture Big Bazaar Direct after almost 3 years…

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NSE seeks details on reported Aditya Birla and Future Group merger talks

The NSE today has sought clarification from Aditya Birla Fashion and Retail (ABRL) on whether any negotiations for merger has taken place with Kishore Biyani’s Future Group. The exhange’s request for clarification has come after a report in the Economic Times. The report said that Biyani’s Future Group was in early discussion with ABRL to buy or merge the Aditya Birla’s “More” supermarket business. The report further added that the move was proposed to consolidate its leadership in the brick-and-mortar retail sector and to build a large network of stores…

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India online shoppers to jump to 8 cr this year from 5.5 cr – Assocham-PwC study

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 growth rate of about 35-40 per cent each year, the study said, adding that it is expected to cross the $100 billion mark in five years. Average online purchases are expected to increase by 78%…

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H&M opens second store in Delhi

Hennes & Mauritz AB, the Swedish fashion retailer, said it will open its second store in New Delhi on Saturday, 7 November, 2015. The new store will be situated at Ambience Mall, Vasant Kunj and will be spread over more than 28000 sq. ft. The first seven women in queue on opening day will be rewarded with gift cards of Rs 7000 each, followed by the next 300 being rewarded with gift cards of Rs 700 each and a limited edition H&M India tote bag. “The three-floor space will offer…

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