Flipkart, India’s largest e-commerce marketplace, announced the launch of 20 ‘experience zones’ across the country enabling self-product pick-ups for consumers. The Flipkart experience zones will allow customers to walk into their nearest experience center and collect their shipments at their convenient time. The move resolves the biggest impediment to the further expansion of online commerce […]
Housing.com has won five awards at the prestigious National Award for Marketing Excellence hosted by CMO Asia for its ‘Look Up’ campaign. Housing.com swept awards across five key categories including “Brand Excellence in e-commerce and Internet Business Sector”, “Emerging Brand Award” and “Best New Brand, Product and Service Launch”. Housing.com’s ‘Look Up’ was also awarded […]
Life Insurance Corporation of India, India’s biggest life insurer, continued to lose new business to private sector players, particularly ICICI Prudential and HDFC Standard, last financial year, according to industry numbers. LIC managed to get 78,000 cr of first-year life-insurance premium out of a total of 113,142 cr, implying a market share of 69.2% of […]
Mahindra & Mahindra, India’s biggest SUV maker, is all set to unveil its latest creation, the mystery SUV known by the code name U301 and widely speculated to carry the name Supro. The vehicle will be unveiled on Thursday, July 30, at 12 pm. The Supro U301 has been seen multiple times on the road […]
Dabur India Ltd launched Hajmola Yoodley, a Ready-to-Drink beverage with chatpata’ Indian flavors. The new Hajmola Yoodley will be available in six different variants – Awaara Aam Panna, Nimboora Shikanji, Go Goa Guava, Jhakaas Jaljeera, Golmaal Golgappa & Kabhi Kala Kabhi Khatta. The ready-to-drink beverage will be available in a 250ml pack, priced at Rs […]
Info Edge (India) Limited, the biggest listed ecommerce company in India, said net sales rose 19% to Rs 171.8 crore for the quarter ended June compared to a year ago. However, profitability was hit and profit after tax fell to Rs 28.7 crore from 39.8 cr a year ago. Most Internet companies in India not […]
Lifestyle brand Mad(e) In India plans to raise Rs 30 crore as part of Series A funding by end of 2015 to scale up and augment its market presence and operations. The firm uses a hybrid business model – both online and offline. Mad(e) In India is a premium lifestyle brand headquartered in Mumbai. It […]
Maruti Suzuki will organize a 2000-km rally from Bangalore to Hyderabad via Mangalore on Aug 2. The six-day route will cover scenic areas such as Shimoga, Tumkur, Chitradurga and Bellary to culminate in Hyderabad. 120 teams will participate. “The tarmac and uneven rocky paths across the route will make it even more arduous especially with […]
Tata Housing is offering 72,000 – 10,00,000 Jet Privilege Miles to non-resident Indians who purchase any flat from the company undeer its “happy returns” scheme. NRIs contribute between 15-20 percent of Tata Housing’s total sales and this has been increasing since the last few years, the company said. “We expect this to increase to 25-30 […]
House of Hiranandani, a real estate player in India, has come up with special offers on its Bangalore properties located in Banerghatta and Devanahalli. It is waiving floor-rise charges at the Banerghatta project and offering lenient financing schemes for its cottages at Devanahalli. “Customers will not have to pay any floor rise for higher floors. […]
Open source software has become a critical driver for innovation at leading companies and public-sector organizations around the world, according to a new research report produced by Oxford Economics in partnership with Wipro Limited. The report, The Open Source Era, also shows that open source software is essential to the use of other cutting-edge technologies […]
Eleven-year-old author Mallika Sinha has always wanted to write a book, since she was young. She started writing small stories and poems. When she was told that she should try writing a book, she thought of a suitable plot and the result of which is the publication of “Mirror Image” (published by Partridge Singapore). This […]
IndusInd Bank said it completed the acquisition of Diamond & Jewellery financing business and related deposit portfolio of Royal Bank of Scotland N.V. in India. With this, the Bank said, loan portfolio is approximately Rs.41 billion has been transferred to the bank from Royal Bank of Scotland. IndusInd Bank is a private bank in India […]
Wave Infratech said it would offer properties under its Wave City Center and Wave City on Snapdeal.com “As a first in the online selling space, Wave Infratech would be offering a host of products – Irenia, Vasilia, Livork Studios at Wave City Center and Wave Executive Floors, Wave Floors Premium and Dream Homes at Wave […]
Travel services firm Cox & Kings Ltd said it has renewed its deal with InterGlobe Enterprises to continue to use the latter’s Galileo platform. “The agreement, taking immediate effect, enables Cox and Kings to continue to use Galileo Platform to distribute, manage and book travel management services for its customers,” it said. Galileo platform comprises […]
Vodafone said it continued to face pressure in its voice business in India in the April-June quarter, but an explosion in data was helping it maintain margins. It also said it had put in 1,100 new 3G towers during the quarter and has started 4G trials. It also added 1,000 2G sites. Many Vodafone customers […]
CouponDunia, which specializes in issuing discount coupons for online retailers, has ventured into the offline space with newspaper coupons. The physical coupons can be redeemed for instant discounts on grocery, homecare and personal care purchases at local supermarkets, it said. “The first edition runs Saturday, July 25, 2015 in mainline newspapers across Mumbai, Delhi and […]
Tech Mahindra Ltd said it will partner with Ontario-based local distribution company, Niagara-on-the-Lake Hydro, San Diego Gas & Electric (SDG&E), SAP Canada and Nissan Canada for developing an Intelligent Electric Vehicle Charging System (IEVCS). This project is sponsored by Canada’s Ministry of Energy and funded in part through the Ontario Smart Grid Fund initiative. Tech […]
Mumbai City FC said it has signed attacking midfielder Andre Moritz for the Indian Super League (ISL) Season 2. Mumbai City FC is Mumbai’s franchise in the Hero Indian Super League. Bollywood actor and football enthusiast Ranbir Kapoor and chartered accountant Bimal Parekh together own the team Moritz was arguably the best foreign recruit of […]
IDFC Ltd said its unit IDFC Bank Ltd has got a license from the Reserve Bank of India for undertaking banking business in India under Section 22(1) of the Banking Regulation Act, 1949. The announcement marks the formalization of an earlier preliminary grant of banking license by the RBI last year. In April last year, […]
