Image source: MICROMAX Micromax in 1b TO UPDATE: The Micromax In 1b sale, which was scheduled for 12pm today, was canceled due to logistics issues. The sale will take place soon, however there is no information on the exact date of sale. Micromax recently launched its new In series (including …
Read More »Monthly active users at all time for Flipkart, PhonePe: Walmart
Bangalore: US retail giant Walmart Inc. said Tuesday that its Indian e-commerce unit Flipkart and payment app PhonePe have seen a solid quarter thanks to ‘Big Billion Day’ sales, with monthly active users (MAUs) at a high. historical. for the Indian e-tailer. The retail giant in its August-October quarter earnings …
Read More »Mukesh Ambani’s Reliance acquires 96% stake in Urban Ladder for Rs 182 crore
The retail arm of Reliance Industries, owned by billionaire Mukesh Ambani, has acquired a 96 percent stake in online furniture retailer Urban Ladder for more than 182 million rupees. “Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries (RIL), has acquired shares of Urban Ladder Home Decor Solutions Pvt …
Read More »Flipkart-Aditya Birla Fashion’s proposed deal violates government FDI policy: CAIT
NEW DELHI: Traders body CAIT raised objections Tuesday Aditya birla Fashion and Retail plans to raise Rs 1,500 crore by issuing 7.8 percent stake to Walmart Flipkart Group, claiming that the proposed deal violates the government’s FDI policy. The Confederation of Traders of India (CAIT) wrote to the Minister of …
Read More »Google Pay is still unavailable on iPhone and there are no in-app warnings about potential payment issues
The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
Read More »Confidence to go ahead with a retail deal in the battle with Amazon
MUMBAI: Indian conglomerate Reliance dismissed Amazon’s push to delay acquisition of national retail giant Future group, despite an arbitration panel suspending the deal after objections from the US online titan. The dispute is the latest development in a protracted battle for dominance in India between Reliance, owned by Asia’s richest …
Read More »Flipkart to acquire a 7.8% stake in Aditya Birla Fashion
The board of Aditya Birla Fashion and Retail Limited today approved the issuance of equity shares on a preferential basis to Flipkart Investments Private Limited adding to ₹1500 crore. The company has also entered into a commercial agreement in connection with the sale and distribution of various company brands. Aditya …
Read More »Up to 34,000 rupees for your old phone
The Apple iPhone 12 can be pre-ordered from the Apple India online store. The Apple iPhone 12 is part of a solid lineup of four iPhones for 2020 that also includes the iPhone 12 Mini, iPhone 12 Pro, and iPhone 12 Pro Max. The Apple iPhone 12 Pro is now …
Read More »70 vendors convert crorepatis in the first 3 days of Flipkart’s Big Billion Days
Flipkart said it witnessed more than 70 vendors becoming crorepatis and around 10,000 became lakhpati through early access and the first three days of the e-commerce firm’s Big Billion Days (BBD) holiday sale. More than 300,000 sellers of which about 60 percent belong to level 2 and beyond the cities …
Read More »Flipkart Big Billion Days Smartphone Deals
The Flipkart Big Billion Days sale has been going on since October 16 and the e-commerce giant will be selling products under the holiday season sale until October 21. Flipkart offers deals on a wide range of products including smartphones, laptops, appliances, fashion products, and furniture. The e-commerce giant also …
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