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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...

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...