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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).


Other Latest News
 
Tata Consultancy Services (TCS), today announced that it has broken into the list of the Top 3 most valuable brands in the IT Services industry, in an assessment done by Brand Finance, the world's leading brand valuation firm.

"Just five years ago the TCS brand had achieved a major milestone, emerging as one of the big four brands in the IT Services sector. Through sustained growth in their brand value, they have now moved up one spot and consolidated their place along with IBM and Accenture at the top of the sector's foodchain," said David Haigh, CEO of Brand Finance.


ICICI Bank acquires 81.44 cr shares in JPVL
Posted on 23rd February 2017
 
Jaiprakash Power Ventures Ltd on Thursday said ICICI Bank has acquired its 81.44 crore shares under the strategic debt restructuring plan by its lenders.

"ICICI Bank Ltd has acquired 81,44,90,000 shares of Jaipraskash Power Ventures Ltd by conversion of debentures into equity," the company said in a BSE filing.


 
Bajaj Auto Limited and KTM Sportmotorcycle AG Thursday announced the much awaited launch of the KTM brand in India. Prices for the new Duke line-up now starts at Rs 1,43,500 for the new 200 Duke, going up to Rs 2,25,730 for the new 390 Duke. The price for the all-new 250 Duke is Rs 1,73,000 (all prices, ex-showroom Delhi)

Known for their legendary racing achievements, KTM is Europe’s second largest motorcycle manufacturer and dominates the off-road segment across the world.


 
Mumbai: National Stock Exchange of India (NSE) is redrafting its algorithmic trading policy following the findings of a forensic audit that the exchange’s systems were prone to manipulation, two people with direct knowledge of the matter said.

NSE has also hired consulting firm EY to audit the systems that facilitate algorithmic trading.


 
New Delhi: India is among the top five countries globally which saw the maximum number of millionaire outflows with as many as 6,000 ultra-rich people shifting overseas in 2016, 50% more than the previous year.

According to a report by New World Wealth, around 6,000 uber-rich Indians have changed their domicile in 2016, while in 2015 as many as 4,000 millionaires had shifted base.


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