With an aim to see a 300 pc jump in its sales, homegrown electronics brand Mivi said it will start manufacturing its products in the country in the next two-four years.
The booming e-retail market is likely to surge over twofold over the next 3 years, as players will be forced to shift their focus from discounts to business realignment.
Walmart is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy.
Motorola launched the limited edition Moto Z2 Force smartphone bundled with a Moto "TurboPower mod pack" in India for Rs 34,999.
The 5.65-inch Honor 9 Lite has dual cameras on both the front and rear and runs Android 8.0 Oreo with EMUI 8.0.
Amazon said India continues to be a "good story", even as its losses from its international operations widened to USD 919 million for the December 2017 quarter.
Wal-Mart Stores Inc is in advanced talks to buy a minority stake in Indian e-commerce firm Flipkart, Indian financial daily the Economic Times reported.
Lenovo-owned Motorola launched the "Moto x4" variant with 6GB RAM and 64GB internal storage in India at Rs 24,999.
Pai said if discounts are withdrawn, business would disappear as people shop for discount on sales.
All major e-commerce platforms like Amazon and Flipkart are set to commence their sales from Sunday offering various deals and huge discounts across various categories.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM