Tuesday, November 5

Tag: diwali

Xiaomi to Start its Television Production in India for Diwali
Tech

Xiaomi to Start its Television Production in India for Diwali

Chinese electronics company Xiaomi is planning to go ahead with the manufacturing of televisions in India. Instead of importing them from the other country, the company has decided to partner with Foxconn which is Taiwanese contract manufacturer. This idea has basically been formulated to intimidate online sales in the upcoming festive season during Diwali. “Xiaomi’s talks are in advanced stages with Foxconn for manufacturing televisions in India, which will start from July-August so that in the festive season-Diwali sales it has mostly made-in-India models,” quoted an industry executive acquainted with the idea. The manufacturing of televisions in India will give tax benefits to the company, but, it has been reported the prices of the television may not come down and that is because...
Travel Website Musafir.com Ties Up With Amazon Ahead of the Festive Season
BUSINESS

Travel Website Musafir.com Ties Up With Amazon Ahead of the Festive Season

Musafir.com, one of India's fastest-growing travel websites has tied up with Amazon India in a unique marketing campaign, this festival season. The company will offer 200 lucky winners, who shop at 'Amazon Great Indian Festival', an all-expense paid couples' trip to Dubai for three nights and four days. "The festive season is all about giving, sharing and experiencing. We are extremely excited to announce our festive association with Amazon India. This unique partnership featuring one of the biggest online sales in the country with one of the biggest holiday giveaways in the history of Indian retail, is our way of wishing everyone a happy festive season and a prosperous year ahead," said Ms. Giya Diwaan, CEO, Musafir.com. Musafir.com is dedicated towards providing an inspiring and premiu...
Market Potential Huge, E-commerce Bound To Succeed: Nadan Nilekani
Entrepreneurs Talk

Market Potential Huge, E-commerce Bound To Succeed: Nadan Nilekani

E-commerce players in India are bound to succeed because of huge market opportunities, and the coming Diwali season will be a pointer to where this space is headed, says Infosys co-founder Nandan M Nilekani. He is also of the view that a prudent cash management and improved customer experience will stand them in good stead. "E-commerce businesses are becoming more disciplined about their operations, they are burning less cash, they are improving their customer experience, and this Diwali season will be a very good indication of how the market is growing," Nilekani, the brain behind the biometric Aadhaar, said. "All these companies are well-funded, they have enough capital to last for a couple of years. So, that gives adequate time to discipline the model. In any case, they are doing an ...
Send Giftwrapped Happiness for Everyone This Diwali With Giftease.com
Story

Send Giftwrapped Happiness for Everyone This Diwali With Giftease.com

Giftease.com now Helps you Send Diwali Wishes to Your Loved Ones With Their 'Special Combos' Diwali forms one of the most important and most-awaited festivals in India. People celebrate the festival of lights with sweets, dry fruits and gifts. Giftease.com - an online gifting specialist gears up and joins the festivities with its carefully curated assemblage of products. This season, they have come up with a range of special combos with elements that have the festive essence of Diwali and are varied to suit multiple tastes and add to the joy. People believe that the joy and luck Diwali brings multiplies when you share it. In spite of the geographical distance between families, during festivals, people long to connect with their family and celebrate together. While being together in p...
E-commerce Effect cause 55.58% decline in footfalls at Delhi-NCR malls in this Diwali
News

E-commerce Effect cause 55.58% decline in footfalls at Delhi-NCR malls in this Diwali

In the wake of an unprecedented surge in e-commerce, shopping malls already under huge pressure due to large vacant spaces are expected to see a sharp decline in the footfalls could be to the extent of 55.58 per cent during the ongoing festive season this year, reveals an ASSOCHAM recent survey. According to the just concluded survey, Delhi-NCR has recorded the highest decline in footfalls at city malls. As per the study, about 120-150 malls were launched in the past two years but close to 65-70% of the spaces in many of the malls still remain empty. Several malls, unable to attract the shops are even shutting down. The major factors attributed to this situation are an economic slowdown, online shopping, high-interest rate and inflation of consumer good items, the steep drop in sho...