The CDIT sector is a brilliant sector to be in to drive scale, however it is important to understand that the only way to sustain the achieved scale is by efficiently managing acquisition costs.
Intex Technologies has an extensive foot-print of 100 stores spread across more than 80 cities pan India, and reached a turnover of almost INR 6400crore ($950 million) in FY 15-16.
The newly launched store offers a wide array of Dell's consumer products including Laptops, A10S and desktops from the Inspiron, XPS and Alienware brands as well as related peripherals.
With more and more consumers drifting towards the digital mode of shopping, the trend has uplifted a lot of such high prevalent retail segments. CDIT, too, is touted to witness a reconnoitre boom in 2016.
Several Chinese phone companies have once again bounced back and Micromax along with other Indian smartphone makers are supposed to see a hard-hitting melee in the coming time.
DIPP has asked the company to re-submit the application due to the incomplete information and its fresh application is now under procedure by the department.
Cyfuture, that was hired by Ringing Bells to handle its customer services, has filed a police complaint against the smartphone company due to non-payment of dues.
Many articulations are being made on the vitality of Freedom 251. Some of its features (keeping in mind its exceptionally low price) are worth applauds, but at the same time we have found some significant flaws too.
Its net sales on standalone basis scaled up to 39.15 per cent during the third quarter to 762.88 crore as against 689.99 crore in the corresponding period of the last fiscal.
Citing the increasing pollution levels in the country, Eureka Forbes, expects its air purifier business to grow four times and do business worth 250 cr in the coming 3-4 years.
The company has informed its trading partners and dealers in India about its decision to shut down operations and has halted importing of good from past one month.
Spice Mobile has recently joined forces with domestic eCommerce giant Flipkart to rollout its international smartphone brand Nexian in the country. The smartphones are currently available in Indonesia, Nepal and Sri Lanka.