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Snapdeal announces ‘Welcome 2017’ sale on January 8-9
Posted on 7th January 2016
Online marketplace Snapdeal on Saturday announced a two-day “Welcome 2017” sale on January 8 and 9. The sale offers up to 70 per cent discount on mobile phones, home, electronics, and luggage, among other categories. The users can avail a 15% discount on payments made through SBI credit card. Additionally, no cost EMI option is available across all major credit cards.

Users can purchase Redmi Note 3 at Rs 11999, Samsung J2 Pro (16GB) at Rs 9490, LeEco Le2 (32GB) at Rs 11999, Micromax Spark 3 at Rs 3899, Moto G turbo at Rs 9299, iPhone 5s (16GB) at Rs 17499, iPhone 7 (32GB) at Rs 52999, iPhone 6s (32GB) at Rs 43999, Micromax Canvas 5 (16GB) at Rs 7499, Mi 10000 mAh PowerBank at Rs 1299, Yu Yuphoria at Rs 5699, Oppo F1S (64GB) at Rs 18990, Yu Yureka Plus at Rs 5999.

The company said on choosing the prepaid option, users can get an automatic upgrade to the premier Snapdeal Gold service which includes zero shipping charges, free express delivery, with an extended 14 day return policy, at no extra cost.

The company said on choosing the prepaid option, users can get an automatic upgrade to the premier Snapdeal Gold service which includes zero shipping charges, free express delivery, with an extended 14 day return policy, at no extra cost.

In its annual digital buying trends of 2016, Snapdeal revealed last month that Delhi-NCR topped the charts as the most online shopping-savvy metro city in India, followed by Bangalore and Mumbai. Pune emerged as a leader amongst all Tier I city shoppers. Demand continued to be robust from across India – nearly 60% of the sales came from Tier II cities and beyond. Metros and Tier I cities accounted for 40% of the sales during the year. Mirroring the rising penetration of smartphones, 82% of the traffic came from the mobile platforms (app and m-site).


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Sebi may tighten AIF regulations to better monitor the source of funding
Posted on 22nd February 2018
The Securities and Exchange Board of India (Sebi) plans to tighten present Alternative Investment Funds (AIF) regulations to better monitor the source of funding and their end use.

According to sources, Sebi may check the anti-money laundering policies implemented by AIFs and examine the sanctity of any back-end arrangements an AIF may have with its investors, whereby money raised in AIFs is invested back in entities owned by the investors.


Qualcomm, Microsoft offer 'always connected' PCs with smartphone features
Posted on 22nd February 2018
Global chip-maker Qualcomm Technologies and Microsoft have collaborated with leading retailers from across the world to offer new "always connected" Windows 10 PCs powered by the Qualcomm Snapdragon Mobile PC Platform.

Retailers in the US, Australia, China, Italy, France and the UK will offer a range of new Windows 10 PCs from Asus, HP and Lenovo, the companies announced on Thursday.


Sensex slips 144 points ahead of F&O expiry
Posted on 22nd February 2018
MUMBAI: The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63.


M&M pact for auto technology
Posted on 22nd February 2018
Calcutta: Close on the heels of picking up a 16 per cent stake in Zoomcar for Rs 176 crore, domestic automobile major Mahindra and Mahindra (M&M) has zeroed in on another automotive technology firm, Carnot Technologies Private Limited.

M&M has signed an agreement to acquire 1,296 equity shares and subscribe up to 6,074 compulsory convertible cumulative preference shares, translating into a 22.9 per cent stake in the Mumbai-based Carnot. The cost of acquisition is estimated at Rs 6.06 crore.


Idea QIP price at a marginal discount
Posted on 22nd February 2018
Mumbai: Idea Cellular has fixed an issue price of Rs 82.50 per share for the sale of shares through a qualified institutional placement (QIP).

The QIP issue will raise as much as Rs 3,500 crore.


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