Google, Magicbricks to launch Great Online Home Festival

After the Great Online Shopping Festival, it’s the Great Online Home Festival or GOHF. The ten day long online event, organized by Magicbricks, GroupM and Google – will be held from 18th July till 27th July, 2015. Property stock worth upto Rs. 3000 cr will be available for customers to choose from, Magicbricks said in a statement. “It’s the first of its kind holistic online event that brings the best deals in the real-estate industry and also in home decoration & homecare brands at one online platform,” the firm said….

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Flipkart lets you click your friend’s dress and buy it online

Flipkart, which has recently been overtaken by Amazon India as India’s most visited ecommerce website, has announced a new ‘Image search’ feature on its mobile app. With the app, you can take a snap of anyone wearing any dress, and that app will try to locate a similar dress for you. “The added feature has been uniquely designed for Flipkart’s fashion category, with the aim to provide users a real-world like shopping experience. This feature will allow the use of any image to find visually similar products on Flipkart, the…

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SBI to offer rewards to all customers under SBI Rewardz program

State Bank of India has launched an enterprise-wide loyalty programme – State Bank Rewardz through which it will reward its customers for various types of banking transactions with the Bank. Customers will be enrolled automatically into this programme as soon as they start using at least one of services that offer points. Customers will be incentivized for carrying out transactions across all major channels such as Debit cards, Personal Banking, Alternate Channels like Internet Banking and Mobile Banking, Green channels, Home loans, Small and Medium Enterprises. Customers will get Reward…

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Survey ranks Flipkart second in top booksellers of the world

Flipkart has been ranked second in top book sellers in the world according to a survey called ‘Top 40 Global Bookstore Mind Share,’ (BMS index). This survey which has assessed both offline as well as online book sellers across the globe has ranked Flipkart ahead of companies like Barnes & Noble of the United States, FNAC of France, Waterstones of the UK and The Book Depository, also from UK. “This makes Flipkart the only Indian brand to rank among the top five in the mindshare index,” the ecommerce player said….

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SBI, MakeMyTrip to tap cross-selling opportunities

State Bank of India and MakeMyTrip.com signed an agreement today which will see the travel portal make use of India’s biggest bank’s infrastructure to meet its finance and banking related requirements related to its online travel portal. “SBI aims at becoming a “One Stop” solution provider for the entire range of financial needs of e-Commerce players as well as our customers in the market,” said Arundhati Bhattacharya, Chairman, SBI. “In the digital era, it is very important that we stay ahead of the curve and such strategic alliances are steps…

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Sony to launch Suryaputra Karn first on Internet

Sony will ‘air’ its mythological show, ‘Suryaputra Karn’ first on Sony LIV, its app, before airing it on its TV channel, Multi Screen Media said. “Fulfilling its promise of a digital-first approach, MSM is screening the pilot episode of this big-ticket primetime show exclusively on its digital entertainment brand on 29th June, 2015 at 4 pm while the on-air premiere will follow at 8:30 pm” Sony LIV is Sony’s attempt to address the youth on their smartphones and tablets. Hotstar is another similar app by its rival Star India. The…

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Housing.com sells 300 flats of Mantra Properties in one month

Housing.com, one of the most aggressive real estate classifieds firm in India, said it had sold 300 homes of builder Mantra Properties, worth over Rs 60 crores, within a month through a special campaign on its website. The achievement makes it one of the most successful online realty campaigns in India. The announcement comes close on the heels of Tata Housing selling a flat worth Rs 5.5 cr online. Mantra Properties joined hands with Housing.com to sell homes in their projects. “During the month long campaign, Housing.com showcased Mantra Properties’…

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Eros Intl to stream movies and music via WeChat

Eros International said it has started streaming videos, movies and music through the mobile messaging service WeChat. The services will be delivered through the official account of ErosNow. “Through this Official Account, WeChat users would be able to enjoy unlimited music, movies and get sneak-peek into all the action and buzz on Bollywood. Eros is one of the first Indian film studio to take such a step on one of the most popular messaging apps amongst youth of the country,” the company said. WeChat users will also be able to…

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Magicbricks launches map search for apartment seekers

Magicbricks, one of the players fighting it out in the highly competitive online real estate classifieds business, said it had implemented a full-fledged map search feature on its website. Map search, in which users can visually search for apartment complexes and photo-view are the two features that helped disruptive start-up housing.com to corner a large share of the market for online real estate classified. Though initially incumbent players ignored the technology, over past few months, nearly every competitor has implemented similar map-based visual search mechanism. Housing.com shot into the headlines…

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Xiaomi Mi Pad at 11k, Mi4 at 14k, Moto G at 10k — on Flipkart Big Sale today

It looks like Flipkart is very eager to get some of its exclusive items moving off its shelves, going by the kind of offers and discounts that the online retailer is offering today – the last day of its Big App Shopping Days. The best offers in the electronic segments are the following. Xiaomi Mi Pad, a very decent tablet, is on ofeer at Rs.10,999 today. In smartphones, the Moto G is available on Flipkart at Rs.9999, or a discount of Rs 3,000. The successor to the Moto G, or…

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Reliance Jio gets provisional pan-India cable TV license as MSO

Reliance Jio, the telecom arm of Reliance Industries, said it has received a provisional license from the government of India to conduct cable TV operations across India. The license will enable the company to launch its brand of Jio boxes, which work over LTE as well as over regular cable. Jio boxes will enable users to watch movies, songs and TV channels. For videos, Jio will rely on LTE or fibre broadband, and for broadcast channels, it could rely on cable TV. Jio could also now start buying smaller cable…

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DoT rule may keep spectrum swapping out of reach of certain operators

The Department of Telecom is unlikely to allow all telecom operators to conduct spectrum swapping, and permit only those players who hold only auctioned spectrum to do so. This move is likely to severely restrict the benefits and applicability of spectrum swapping as ‘subsidized spectrum’ allocated in earlier years is lying co-mingled with newer auctioned spectrum. To join auctioned spectrum together into large bands and use it for 4G, operators will have to get the old ‘subsidized spectrum’ out of the way by swapping. However, DoT fears that allowing old,…

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Tata Housing sells Rs 5.5-cr house online!

Tata Housing, one of the top real estate companies in India and a pioneer in experimenting with online selling of flats in India, has sold a villa worth Rs 5.5 cr through its ecommerce portal. The transaction is easily the biggest retail ecommerce sale in India. “The company has managed to sell more than 30 units with a price tag of over INR 1 crore, post introducing the concept in India,” it said. Tata pioneered this alternate sales channel more than a year ago in partnership with Snapdeal. “An NRI…

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Cisco announces $60 mln investment for India

Cisco announced new investments in India of up to USD 20 million over the next five years into the Cisco Networking Academy, with an additional USD 40 million for the next phase of expansion in India. NETWORKING ACADEMY The Cisco Networking Academy in India is one of the largest programs for Cisco worldwide. Across 198 academies nationwide an approximately 100,000 Indian students have been trained since its inception. The skills-development program is a cloud-delivered, scalable, high-quality program that helps students learn how to design, build, secure and maintain computer networks….

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Mobile app developers will be in high demand for enterprise – Gartner

By the end of 2017, market demand for mobile app development services will grow at least five times faster than internal IT organization capacity to deliver them, according to Gartner, Inc. Gartner forecasts mobile phone sales will reach 2.1 billion units by 2019, which will fuel demand for apps in the enterprise that meet the high performance and usability of consumer apps. Most mobile app developers today are making software targeted at retail customers. Retail apps, such as WhatsApp, have fetched huge payback for developers. Inspired by this, talented app…

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Mukesh Ambani – Rs 4,000 LTE Smartphones come by year-end

Reliance Industries Chairman Mukesh Ambani today made several key announcements about the launch of the company’s telecom, Internet and media services under its Reliance Jio brand. The details set forth in his speech give an idea of how Reliance Jio can totally disrupt the existing telecom and Internet scenario in the country. Here is a transcript of Ambani’s speech at Reliance Industries’ Annual General Meeting today (important points have been highlighted in bold): “In my address to you at last year’s AGM, I had promised you a significant update on…

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Infibeam to offer up to 80% discounts on ‘Big Bang Sale’

After Flipkart and Amazon, it’s the turn of Infibeam.com to offer its own ‘big bang’ sale, from Monday through Wednesday. “Various global electronics brands including Apple, Microsoft, LG, Samsung, HP, Philips along with several national brands such as Micromax, Intex and many others will be offering their products in the Big Bang Sale,” the company said. It is not clear what kind of discounts will be on offer, but online sellers sometimes give fantastic discounts during their ‘sales’, though stocks will often be limited. “The Big Bang Sale with discounts…

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NDTV to enter e-commerce sector

NDTV, one of India’s biggest TV groups, has signed term sheets with unnamed investors under which they would explore the possibility of supporting NDTV’s entry into the ecommerce sector, the company said. “The Company and NDTV Convergence Limited, a subsidiary of the Company, have signed preliminary, non-binding term sheets with certain potential investors for e-commerce ventures in the field of food, auto and gadgets,” it said. NDTV Gadgets is India’s No.1 gadgets news portal and currently has direct or indirect agreements with players such as Flipkart under which it redirects…

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Why Google’s ‘Open Internet’ is doomed, and future belongs to Facebook

One of the questions any investor in Internet stocks must come to terms with is the future of Google Inc (NASDAQ:GOOG), and how it will be impacted by the rise of Facebook Inc (NASDAQ:FB). Should you bet on the search giant or the social networking giant? Can Facebook ever be as good as Google in terms of monetization? Facebook’s latest move to mirror or move key websites like Nytimes.com and Nationalgeographic.com onto its own servers gives a clue about how the social networking giant could outmaneuver the long-reigning king of…

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Murdoch’s Star India against TRAI move to re-examine net neutrality

Rupert Murdoch-owned Start India – one of India’s biggest broadcasting companies – has come out strongly against the Indian telecom regulator’s move to let telecom operators side-step the so-called net neutrality principles in the country. Star India, formerly Start TV, wondered why the Telecom Regulatory Authority of India had come out with the proposal seeking to officially permit companies to engage in what is largely described as “speeding up” and “slowing down” of Internet traffic. Under the traditional architecture of the Internet, all traffic, whether flowing from Indiatimes.com or Nytimes.com,…

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