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Every second smartphone in India is sold through online platforms: Report Flipkart led the overall online market with a 57 per cent share Current Affairs :On account of new dispatches and forceful sell in front of yearly online deals like Flipkart’s Big Billion and Amazon’s Great India merry season deal, each second telephone in the nation is presently sold through online stations, said another report on Thursday. With 55 percent year-on-year development, cell phone shipments in the online channel arrived at their most noteworthy ever portion of 46 percent during the second from last quarter of this current year, as indicated by the most recent research from Counterpoint’s Market Monitor administration. Flipkart drove the general online market with a 57 percent share, while Amazon became more than 75 percent year-over-year to catch 33 percent share inside by and large online channels. Inside cell phone brands, Xiaomi held the top spot in the online channels, with 38 pe...

Flipkart invests Rs 30 crore in customer engagement firm EasyRewardz Easyrewardz said the investment will help it drive new product development and accelerate global expansion Current Affairs :Flipkart has put resources into client commitment and prizes stage EasyRewardz in an arrangement that will see two firms offer client commitment answers for merchants on the Flipkart stage. While the two organizations declined to unveil the points of interest of the exchange, sources said the Flipkart’s venture is around Rs 30 crore. “Flipkart keeps on causing interests in the Indian biological system so as to convey an incentive to our clients. Our interest in EasyRewardz is a piece of our progressing activities to give prevalent client experience,” a Flipkart representative said in a messaged reaction to a Business Standard question. In an announcement, Easyrewardz said the speculation will assist it with driving new item advancement and quicken worldwide extension. “CRM Soft...

Govt probing Flipkart, Amazon over alleged predatory pricing: Piyush Goyal CAIT had in a letter on Monday urged Goyal to order an audit into the business model of all e-commerce firms Current Affairs :The legislature is examining Wal-Mart-claimed Flipkart and Amazon over the supposed ruthless evaluating, business serve Piyush Goyal said on Thursday. Cautioning of stringent activity according to the law for any infringement, he said point by point polls have been sent to these organizations and their reaction is anticipated. As indicated by media reports, the online business majors have netted up over $3 billion in gross product esteem during the merry deals held over the past fortnight, which ordinarily observe over portion of their yearly deals. “Web based business organizations reserve no privilege to offer limits or embrace savage costs. Selling items less expensive and coming about the retail segment to bring about misfortunes isn’t permitted,” Goyal told corresponde...

Flipkart forays into original video content, takes on Amazon and Netflix Integrated within the Flipkart Video platform, launched in August, Flipkart Video Originals will be produced by well-known industry figures Current Affairs :Walmart-claimed internet business major Flipkart is foraying into offering unique video content with the dispatch of Flipkart Video Originals. Incorporated inside the Flipkart Video stage, propelled in August, Flipkart Video Originals will be delivered by understood industry figures. Flipkart said it will create “bespoke snackable substance” that is both portable first and intuitive. “All the primary players are principally tied down around anecdotal substance,” said Prakash Sikaria, VP, development and monetisation at Flipkart, including that while other over-the-top (OTT) stages are centered around metropolitan focuses, Flipkart would take a gander at Tier-II and – II urban communities. Sikaria stated, “The greater part our substance is fr...

No FDI love? Apple, Amazon show 2 faces of India’s quest to lure investment India definitely needs to attract investments in manufacturing and other sectors https://www.business-standard.com/article/economy-policy/apple-amazon-show-two-faces-of-india-s-quest-to-lure-investment-119051700162_1.html?utm_source=SEO&utm_medium=YS LokSabha Elections 2019 : As the US-China exchange war triggers the greatest reconsider of supply chains in an age, the world’s quickest developing real economy with a huge number of youthful and shoddy specialists ought to be on the rundown of potential recipients. But India isn’t getting such love, with outside direct speculation really declining over ongoing months. That is a conundrum somewhat clarified by pre-race alert as financial specialists move to the sidelines while Prime Minister Narendra Modi’s decision Bharatiya Janata Party squares off against the restriction Indian National Congress. Be that as it may, the other clarification lies...

Honor 10 Lite with Kirin 710 SoC, dewdrop notch launched: Know price, specs HONOR 10 LITE  LAUNCHED AS FLIPKART-EXCLUSIVE Technology News  : Honor, a cell phone mark possessed by Chinese media transmission gear producer Huawei, propelled the Honor 10 Lite in India on January 15. The Flipkart-selective telephone will go marked down from Jan 20 on the web based business stage. The telephone will be accessible in three hues – sapphire blue, sky blue and midnight dark. In any case, the slope configuration glass back will be accessible just in the sky blue shading variation. The telephone has 64 GB of inside capacity, expandable through microSD card, and comes in two RAM variations – 4GB and 6GB. While the 4GB RAM variation is evaluated at Rs 13,999, the 6GB RAM variation is estimated at Rs 17,999. The telephone has a 6.21-inch screen of fullHD+ goals, extended in tall 19.5:9 perspective proportion. The screen brag a dewdrop indent on the best, obliging the fr...