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Report says online platforms capture 38% smartphone sales in India

Xiaomi led online platforms with a share of 57 per cent during Q1 2018, followed by Samsung (14 per cent) and Huawei (Honor) (8 per cent).

June 15, 2018 | comments ( 0 ) |

Uflex transforms the Packaging for Rasna Fruit Powder Concentrate

All new spouted profile stand-up pouch with side handle carrying Rasna Fruit Powder concentrate has been introduced to India as well as international markets.

June 04, 2018 | comments ( 0 ) |

GSK exploring merger

40% tax liability in India would cost GSK $ 1.6 billion. The company has decided to sell Indian entity entirely instead of selling the Horlicks brand to the potential

May 24, 2018 | comments ( 0 ) |

SoftBank confirms it's selling 22% in Flipkart to Walmart

Before Flipkart, SoftBank in 2014 had invested in Snapdeal, which ended with the group writing off almost $1 billion invested in the Delhi-based online marketplace.

May 23, 2018 | comments ( 0 ) |

Myntra Financial losses Cut By 25% to Rs 655 cr in 2017 Fiscal

While the firm has been able to reduce losses by a fourth while doubling revenues, costs have not been redressed. Advertising expenses alone grew almost 59% to Rs 289

May 21, 2018 | comments ( 0 ) |

Digit Insurer To Cover Mobiles, Partners With E-tail Biggies

The payment mode being digital, the claims can also be settled by moving money to the customer’s account. This is one reason why the e-insurance sale is taking off.

May 18, 2018 | comments ( 0 ) |

Walmart may put $ 3 bn more in Flipkart to Buy 85% stake

The Masayoshi Son-led, SoftBank group invested $2.5 billion in Flipkart in August last year through its $100 billion Vision Fund.

May 14, 2018 | comments ( 0 ) |

Walmart-Flipkart May get Spared From FDI Norms

The $16-billion deal will see only $2 billion in fresh inflow into the Indian company. India allows 100% FDI in e-commerce marketplace subject to certain restrictions.

May 10, 2018 | comments ( 0 ) |

Alibaba Acquires Rocket Internet's Pakistan E-commerce platform Daraz

Daraz, founded in Pakistan in 2012, operates online marketplaces in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal.

May 09, 2018 | comments ( 0 ) |

Ludhiana firm bags contract to manufacture Swiss Brand garments, eyes Rs 100cr revenue

The city based manufacturer and exporter’s other company Million Exporter private limited has won several export awards including MSME award which was conferred to

May 07, 2018 | comments ( 0 ) |

Paytm Mall launches PoS, signs strategic partnership with Asus

As part of Paytm Mall's partnership with Asus, the first product launched is Asus VivoBook X507 which is being offered at the same price across online and offline

May 03, 2018 | comments ( 0 ) |

Chinese TV Maker TCL Launches iFFALCON, plans to take on Xiaomi in India

The company has launched three models in the market, with screen sizes ranging from 32 inches to 55 inches. The price range starts at Rs 13,499 and goes up to Rs 45,999.

April 27, 2018 | comments ( 0 ) |