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Walmart raises stake in China's JD.com to 10.8 pc

Walmart has nearly doubled its stake in Chinese online retailer JD.com, according to a financial document disclosed on Wednesday. In a form filed with the Securities and Exchange Commission, the Bentonville, Ark.-based company said it owns 265 million shares, or...

Microsoft bids goodbye to its fitness wearable 'Band'

US tech giant Microsoft is discontinuing its wearable fitness tracker called "Band" and the company has no plans to release "Band 3". "The Band 2 has been wiped completely from Microsoft's online store and is no longer available from Best...

Sellers rake in crores during online sales extravaganza

Festive sale across platforms like Amazon, Flipkart and Snapdeal are helping sellers rake in big mullahs with hundreds of them clocking over Rs 1 crore a day from the sales extravaganza. According to a PTI report: Snapdeal said 37 sellers...

Ads by e-commerce players not violating guidelines

Amid controversy over advertisements for discounts by online retailers like Amzaon and Flipkart, an official said these business propositions are to attract buyers and are not in violation of e-commerce guidelines. "There is no problem in giving advertisements. It is...

Small towns driving huge festive season gains, claim e-tailers

It's been only three days since they have gone live with their festive season sales events and already e-commerce majors Amazon, Flipkart and Snapdeal appear to be locking horns with each other. All three of them have registered record sales numbers and...

Good monsoon, better pay packets to boost online festive sales

Online retailers in India hope netizens will splurge more this festive season, which accounts for 40 per cent of annual sales, thanks to an uptick in rural demand after a good monsoon and the cash coming from the salary...

LeEco offers Le Max 2 for Rs 17,999 from Oct 1-6

The Chinese Internet and technology conglomerate LeEco is offering its disruptive smartphone Le Max 2 (32GB) for Rs 17,999 this festive season instead of its regular price of Rs 22,999. The offer is valid from October 1 to 6 and...

Tata CLiQ aims threefold increase in revenue via its sale ‘Festober’

Tata group’s multi-brand phygital ecommerce platform, Tata CLiQ, has announced the launch of its month-long festive season sale, Festober, to be a part of online sales war, typically dominated by e-commerce biggies like Flipkart, Amazon and Snapdeal. The company which will witness...

Amazon signs long-term content licensing partnership with T-Series

E-commerce giant Amazon has signed a long term content licensing partnership with T-Series for its yet-to-be launched Prime Video service. According to a PTI report: New releases by T-Series will be streamed within a few weeks of their theatrical release...

Amazon adds two more fulfilment centres in Tamil Nadu

Ahead of the spurt in online sales during the festival season, Amazon India has added two more fulfilment centres (FC) in Tamil Nadu, one each in Chennai and Coimbatore. With this launch, Amazon India has 27 operational fulfilment centres in...
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Havells India Q1 net profit up 42% at Rs 407.51 crore

The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi:...
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