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While demonetisation largely impacted consumers across all cities, some top brands and even cab operators witnessed a huge boom in transactions during this period.
Delhi International Airport Ltd (DIAL) surpassed the 48 million passenger mark in FY2015-16, witnessing a growth of 18 per cent in traffic over the previous year.
MobiKwik claims to be the only wallet in India that has a cash pick up facility, with which users can get their MobiKwik wallet loaded with e-cash from their location within 25 minutes in major Indian cities.
Very high returns for some brands from their airport stores explain why this format is turning so lucrative.
Digital payment solutions firm Mobikwik will spend about Rs 100 crore on marketing and advertising over the next few months to expand the user base of its mobile wallet services in the country.
Junk food brands are engaging with young Facebook users to promote unhealthy foods which can contribute to obesity and lifestyle diseases, a new study has found, says a PTI report.
India's e-commerce market was worth about $2.5 billion in 2009, it went up to $6.3 billion in 2011 and to $16 billion in 2013 and is expected to touch whopping $56 billion by 2023.