Business Correspondent

2229 Posts
Flipkart sellers continue to grow strongly on the platform

Flipkart sellers continue to grow strongly on the platform

 Flipkart has recorded a growth of 220% vs. last year in onboarding new seller partners on its platform. Close to 11 lakh businesses (including Shopsy) will participate in this festive season. This is a testament to the faith that Indian MSMEs, small businesses, and enterprises have in Flipkart and Shopsy as trusted partners to leverage the power of e-commerce to digitize and modernize their business, expand their market reach, and improve their revenue. Flipkart recently launched a new brand film ‘#IssBarSabseDamdaar’ for sellers. The film illustrates the excitement and preparations among sellers to serve over 400+ million customers. Earlier this…
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TECNO launches CAMON 19 Pro Mondrian

TECNO launches CAMON 19 Pro Mondrian

TECNO Mobile the premium smartphone brand of TRANSSION India has announced the launch of its latest multi-colour-changing smartphone CAMON 19 Pro Mondrian in India. The CAMON 19 Pro Mondrian brings India’s first multi-colour-changing smartphone, with Polychromatic Photoisomer technology. The technology successfully allows the monochrome back cover of a smartphone to show multiple changing colours under illumination, giving an immersive “light chasing” experience. TECNO’s new CAMON addition features the industry-first 64MP Primary Camera with RGBW + (G+P) sensor. The Beauty Beast provides a 120Hz higher refresh rate for an ultra-smooth experience and its 0.98mm extremely narrow bezel with 94.26% higher screen-to-body…
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Sony launches HT-S400 soundbar and powerful wireless subwoofer

Sony launches HT-S400 soundbar and powerful wireless subwoofer

Sony India has launched the HT-S400, 2.1ch soundbar with powerful wireless subwoofer. This soundbar delivers a powerful audio experience for its S-Force PRO Front Surround technology. The soundbar comes with a powerful wireless subwoofer with a large 160mm speaker unit to deliver a deeper, richer bass sound. A wireless subwoofer, 330W of total output, and HDMI ARC one-cable connection make watching movies and TV more immersive. Connecting the HT-S400 to Sony’s BRAVIA TV is quick and easy for the integrated user interface. To minimize cable clutter, the HT-S400 soundbar has been built to receive audio wirelessly from a BRAVIA TV…
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Siemens launches open digital business platform ‘Siemens Xcelerator’ in India

Siemens launches open digital business platform ‘Siemens Xcelerator’ in India

Siemens has announced the launch of ‘Siemens Xcelerator’ in India at its Annual Flagship event ‘Siemens IndiaInnovation Day 2022’ in Mumbai. Siemens Xcelerator is an open and evolving digital business ecosystem that comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (software, hardware and digital services)from Siemens, and certified third parties. Siemens Xcelerator is aimed at accelerating digital transformation and value creation for customers of all sizes in industry, buildings, grids and mobility. The curated portfolio of software, IoT-enabled hardware and digital services follows key design principles of interoperability, flexibility, openness and as-a-service.  Siemens Xcelerator…
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Tata Power to develop 4MWp solar project at Tata Motors’ Pune plant

Tata Power to develop 4MWp solar project at Tata Motors’ Pune plant

 Tata Motors and Tata Power have entered into a Power Purchase Agreement (PPA) to develop a 4 MWp on-site solar project at Tata Motors’ Pune commercial vehicle manufacturing facility. A significant step towards building a resilient and sustainable future, the installation is collectively expected to generate 5.8 million units of electricity, potentially mitigating over 10 lakh tonnes of carbon emission. This is equivalent to planting over 16 lakh teak trees over a lifetime. Tata Motors expands on-site solar power capacity to 9 MWp at its Pune commercial vehicle manufacturing facility. This project will generate 5.8 million units of electricity, mitigating…
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MFIN launches free Medical Health Camps in 18 flood affected districts of Assam

MFIN launches free Medical Health Camps in 18 flood affected districts of Assam

MFIN, the Microfinance Industry Association and an RBI recognized Self-Regulatory Organization, has launched a series of Medical Health Camps in 18 districts of Assam to provide immediate medical relief to the flood-affected communities. In this initiative, M-SWASTH, a technology driven digital healthcare service provider has partnered with MFIN to deliver 32 Health Camps over a period of 30 days. As a Micro-Insurance and digital health services entity, the focus is on providing preventive and primary healthcare to customers, with insurance serving as the final layer of protection to complete the customer's health journey. The health camps will be organized in…
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MeitY Startup Hub and Meta launch XR Startup Program

MeitY Startup Hub and Meta launch XR Startup Program

 MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), and Meta has announced the launch of the XR Startup Program to help foster Extended Reality (XR) technologies in the country. This initiative, focused on skilling and building technological capabilities for the metaverse, will help shape the ecosystem for these emerging technologies. According to a recent study by the Analysis Group, the Metaverse is estimated to add $240 billion or 4.6% to India’s GDP by 2031, potentially impacting many aspects of existing economic influences from employment opportunities, specialized industries, infrastructure, and more. The XR Startup Program…
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Amazon Great Indian Festival 2022 starting on 23rdSeptember

Amazon Great Indian Festival 2022 starting on 23rdSeptember

Amazon.in’s festive event, ‘The Amazon Great Indian Festival’ (GIF) 2022 will start from September 23, 2022, with Prime members getting early access. Customers can enjoy never-seen-before deals on the widest selection of products from lakhs of Small Medium Business (SMBs).GIF 2022 will also showcase products from  Amazon sellers under various other programs such as Amazon Launchpad, Amazon Saheli, Amazon Karigar, as well as top Indian and global brands across categories. This GIF, customers can directly interact with experts who will showcase products, unveil top deals, answer customer questions in real-time, and offer limited-duration deals. We are looking to work with…
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Flipkart is back with the 9th edition of The Big Billion Days

Flipkart is back with the 9th edition of The Big Billion Days

 Flipkart is back with the 9th edition of its flagship event, The Big Billion Days (TBBD) will begin from September 23 until September 30, 2022, will see millions of consumers, sellers, MSMEs, and Kirana delivery partners, coming together from across the country for an inclusive festive season. TBBD this year will ring in the festive cheer with exciting offerings going live on the Flipkart app. This will include a gamification experience through ‘Coupon Rain’ which will allow customers the opportunity to play with their family and friends, and includes rewards that will make the festive season special. Customers will see…
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RIYA aims 20% market share in the perfume market by 2025

RIYA aims 20% market share in the perfume market by 2025

RIYA has completed the milestone of 25 years in the perfumes industry with a turnover of INR 80 crore despite pandemic-led market challenges in FY 2021-2022. RIYA has also been certified to be the Perfume Segment Leader in India by Value Share for the third consecutive year by the prestigious Nielson IQ Retail Audit Report, Jan-Dec 2021. The perfume business in India was INR 790 crore industry excluding the e-commerce revenue as per as the Nielson IQ Retail Audit Report, Jan-Dec 2021. The industry is expected to grow to INR 1200 crore (including e commerce) by 2025. Mr Aditya Vikram…
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