Wednesday, April 24

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Apple to Make iPhones in Bengaluru
INDIA, News

Apple to Make iPhones in Bengaluru

Apple is all set to start manufacturing its iconic iPhones in India at Bengaluru, as part of efforts to cash in on the world's second largest smartphone market in a big way. Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 12.5 percent additional duty on imports. The phones would be manufactured by Wistron, a Taiwanese OEM maker for Apple, according to top government sources. "Wistron has plans for setting up iPhone manufacturing plant for domestic market in Peenya," top government sources familiar with the developments told Pixr8. Another senior government official said Bengaluru has the talent required for quality high technology products and that was the reason for selecting the city. The official added that Foxcon...
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Jabong Targets 5 million Shoppers, 5x Sales Growth in Myntra’s “End of Reason Sale” to Mark The New Year

All the shopaholics, get set to welcome the new year with style and aplomb. Jabong, India’s leading online fashion retailer, has announced its participation in Myntra’s sale event, the “End of Reason Sale”, which will start from the midnight of 3rd January and continue till 5th January 2017 midnight. More than 300,000 styles from a wide collection of more than 2,500 national and international brands will be available at up to 80% discount during this sale. Jabong is targeting a 5x growth in its sale during this period.   Speaking about the End of Reason Sale, Mr. Rahul Taneja, Chief Business Officer, Jabong says “Jabong is excited and geared up to be a part of Myntra’s iconic End of Reason Sale (EORS). EORS has now become an annual high point for online fashion shoppers, and this is ...
Mohit Goel, Founder & MD of Freedom 251 Smartphone Quits
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Mohit Goel, Founder & MD of Freedom 251 Smartphone Quits

The hype around India's cheapest smartphone Freedom 251 looking to near end. According to news update, Mohit Goel and Dharna Goel (Mohit's wife), the managing director of the Noida-based Ringing Bells which launched the Freedom 251 smartphone priced at Rs 250, resigned from their positions. According to sources, just 10 days back Ringing Bells closed its operations and a new company named MDM Electronics has been formed by the founders. The company's dealers too seem to have no clue about its plans. The much-hyped launch at an event in New Delhi, of smartphone indulge in controversies, with some people terming it a ponzy scheme. There were also several cheating cases filed against the company. The company's sector 62 office in Noida has been shut now. We were tried to calling Mohi...
TrademarKing.in Launched India’s First Automated Trademark Monitoring Platform
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TrademarKing.in Launched India’s First Automated Trademark Monitoring Platform

TrademarKing.in, India’s leading trademark search engine has announced the launch of India’s first automated trademark monitoring platform. Established business owners, manufacturers and new startups can register to this service for cost-free until 31st January 2017 to monitor their brand names. The trademark monitoring service is first of its kind in India, business owners can leverage maximum benefit to protect their brands through this platform. The aim of this free launch by trademarKing.in is to create awareness about the importance of trademarks. One of the initiative by Make in India policy is to protect Intellectual Property Rights, this monitoring platform by trademarKing.in will be an unprecedented move to safeguard the trademark rights of business proprietors. “Many entiti...
Now Shop Online on eBay Using FreeCharge
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Now Shop Online on eBay Using FreeCharge

Leading mobile wallet platform FreeCharge today, announced its partnership with the online marketplace pioneer eBay India via Billdesk. With the partnership, both FreeCharge and eBay customers can access over 100 million product listings on ebay and pay for their order using the FreeCharge wallet option. Users can also avail 25% Cashback offer on selecting FreeCharge as the payment mode. FreeCharge offers its customers, the comfort of payment on shopping category partners like Snapdeal, Voonik, Jabong, Yepme, Zivame.com, Vishal Megamart, Pantaloons, Shoppers Stop and many others. Commenting on the partnership, Sudeep Tandon, CBO – FreeCharge, said, “We are extremely pleased to associate with eBay as their payment partner. While we are constantly trying to provide our users with a ...
BookMyShow Sets New Records, Sells 1 Million Tickets a Day
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BookMyShow Sets New Records, Sells 1 Million Tickets a Day

BookMyShow has created history by alone selling over 3 million movie tickets for the Christmas weekend from Friday to Sunday, which also was the opening weekend of mega blockbuster Dangal. This massive achievement indeed makes BookMyShow the most loved online entertainment ticketing brand in the country. For shows on Saturday and Sunday, BookMyShow sold over 1 million tickets a day, thereby contributing to over 35% of Dangal's overall opening weekend collection in India. As a way to celebrate this, BookMyShow has also extended its Blockbuster Week offer till 1st January 2017, wherein users will be able to avail massive discounts on movie ticket bookings while also standing a chance to win fabulous gifts and assured prizes. Ashish Saksena, COO-Cinemas, BookMyShow said, "The year 2016 ...
ICICI Launches Eazypay Mobile App For Merchants
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ICICI Launches Eazypay Mobile App For Merchants

In what it claims to be a first in the country leading private sector lender ICICI Bank today launched 'Eazypay', an app for merchants, retailers and professionals to accept payments on mobiles from multiple digital modes. The Eazypay, based on the Unified Payment Interface (UPI) of the National Payment Corporation, allows a person to make payments through credit/debit cards and online banking, and also through the 'Pockets', which is the digital wallet of ICICI Bank, the bank said in a statement. Any current account holder of ICICI Bank can instantly download the Eazypay app and start using it, it said, adding the facility can also be used by non- ICICI Bank customers. The app is available on smartphones with Android operating systems now and will shortly be available on the iOS ...
Internet Connectivity Still Out of Reach For 950 million Indians
INDIA, News

Internet Connectivity Still Out of Reach For 950 million Indians

India may have the world's second largest internet user base, but connectivity remains out of reach for nearly 950 million citizens, a report said today. "Even with the internet data plans in India being among the cheapest in the world and the average retail price of smartphones steadily declining, connectivity is still out of the reach of nearly 950 million Indians," according to the Assocham-Deloitte joint study India currently has about 350 million internet users, second only to China. Internet penetration is increasing in India and the access to affordable broadband, smart devices and monthly data packages are required to spread digital literacy to make their ends meet, the study titled 'Strategic national measures to combat cybercrime' said. Existing government infrastructure as...
Chinese Smartphone Maker Oppo Plans $216 million Industrial Park in Greater Noida
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Chinese Smartphone Maker Oppo Plans $216 million Industrial Park in Greater Noida

Betting big on the booming Indian smartphone market, Chinese smartphone maker Oppo is planning an industrial park in Greater Noida which will house a manufacturing unit. "We already have a production unit in India and the SMT (surface-mount technology) centre is now undergoing the furnishment...it will be finished in February. Also, with regard to the industrial park, we will have the agreement signing press conference at the end of next month," Sky Li, vice president of Oppo and managing director of international mobile business and President of Oppo India. He said the industrial park is spread over 1,000 acres and entails investment of about 1.5 billion RMB (Renminbi) yuan or about USD 216 million. Oppo already has manufacturing operations in Noida. Exuding confidence on the co...
Lenskart Setup 100 more Retail Store, Will Spend 10 Crore on Ads
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Lenskart Setup 100 more Retail Store, Will Spend 10 Crore on Ads

To strengthen its offline presence, online retailer Lenskart will set up 100 retail stores across the country over the next two years.  Lenskart currently has 250 outlets across the country. Lenskart, which offers prescription-based and fashion eyewear, currently has seven stores in places like Chandigarh, Pune, Agartala and Goa under the franchise model. With a budget of Rs 10 crore, the eyewear retailer has also lined up a fresh advertising campaign. Peyush Bansal , CEO, Lenskart.com says: “These stores display a large range of eyewear. Customers can choose from them or those available on the website and place orders online from the store, helping us expand our brand not just online but offline as well.” He further said the move will help tap the Indian eyewear market, which get...
Delhi/NCR Chooses Flipkart Over Other E-commerce Portals For Shopping
News

Delhi/NCR Chooses Flipkart Over Other E-commerce Portals For Shopping

E-commerce major Flipkart today said it saw the highest number of shoppers on its platform coming from the national capital region this year. "The National Capital has again raced ahead of all with most number of shoppers taking to e-commerce, closely followed by Bengaluru. Mumbai, Chennai and Hyderabad are the other metro cities that made the cut," Flipkart, in its #FlipTrends2016 report, said. Vellore, Tirupati, Bellari, Jorhat and Kottayam were the top five cities among tier III towns of the country for Flipkart, it added. Interestingly, men accounted for a larger chunk (60 per cent) of online shoppers in 2016, shopping more of electronics, personal audio, footwear and lifestyle product. The most selling categories in 2016 were electronic accessories, mobiles, women clothing, m...
Indian Street Food Vendors Need to be Trained in Cashless Sales
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Indian Street Food Vendors Need to be Trained in Cashless Sales

Union Minister Rajiv Pratap Rudy today said street food vendors across the country needed to be trained to undertake cashless transactions, as he interacted with them at the end of a national street food festival here. The Minister of State (Independent Charge) for Skill Development and Entrepreneurship awarded certificates to the vendors trained under 'Skill India Mission'. He presented a scientifically-designed food cart to Radha Devi, who has a tea stall in Sarojini Nagar area. "The minister talked to the vendors on the need and benefits of serving hygienic and safe food," a senior official said. "Keeping in mind demonetisation, he stressed the fact that all street food vendors need to be trained for digital options for payments and they should be efficient in accepting cashles...