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Boxx.ai Targets 40% Topline Impact
Boxx.ai Targets 40% Topline Impact

Software firm Boxx.ai said that it was using artificial intelligence to help ecommerce companies realise up to 40% more benefits from their customer engagement activities.   Set up in July 2016, Boxx.ai works with 14 ecommerce companies like Abof, Cloviaand Nearbuy, and is looking at growing this with the new version of the product. The

September 23, 2017  |  comments ( 0 )  | 

Smartphone Companies Brings parity In Dsscounts
Smartphone Companies Brings parity In

Consumers look set for a bonanza this festive season with deep online discounting on Smartphone staging a comeback after two years and brands like Xiaomi and Lenovo-Motorola planning to roll out similar offers on models sold through brick and mortar chains for the first time. A Senior industry executives said online exclusive brands are offering cheaper televisions, refrigerators and washing machines as they look to double sales. Offline

September 23, 2017  |  comments ( 0 )  | 

This transformation came amid Pladis expansion plan
This transformation came amid Pladis

Turkish company Pladis that owns Godiva chocolate and McVitie's biscuits, is considering making an offer for Nestle's U.S. confectionery assets, which could be valued at around $2 billion, as part of its international expansion plans. Pladis, itself born from a string of acquisitions, is not working with external financial advisors on the process, which has also attracted Lemonheads owner Ferrara. Chief Executive Cem

September 23, 2017  |  comments ( 0 )  | 

The War Between The E-commerce Giant
The War Between The E-commerce Giant

 Amazon India said it has registered 14x growth in value over business as usual on the first day of its Great Indian Festival sale on Thursday, on back of sales of smartphones, which could have likely taken the platform’s Day 1 sales to between Rs 1,100-1,400 crore.   As per the  industry experts Amazon’s average business as usual is about Rs 70-80 crore, while Flipkart’s is about Rs 100 crore, while another

September 23, 2017  |  comments ( 0 )  | 

Textile Sector has More Potential To grow: Smiriti Irani
Textile Sector has More Potential To

The textile industry is growing exponentially in the country, with Foreign Direct Investment (FDI) having tripled in three years, Union Minister Smriti Irani said today. The FDI flow into the sector reached USD 618.95 million in 2016-17. However, there is still huge potential for further growth for which various efforts are being made by the Centre as well as states, the textiles minister said after inaugurating the four-day

September 22, 2017  |  comments ( 0 )  | 

Naveen Anand to Be SDRM OF Oriflame
Naveen Anand to Be SDRM OF Oriflame

Leading Swedish direct selling beauty brand Oriflame on Thursday appointed Naveen Anand as the Senior Director Regional Marketing South Asia. In his new role, Naveen will spearhead the operations in India, Sri Lanka and Pakistan and will be responsible for accelerating growth and enhancing the brand equity for the Oriflame business. In his previous role as the Global Marketing Director for Brand Nutrilite, he has worked very

September 22, 2017  |  comments ( 0 )  | 

Chennai To Taste The
Chennai To Taste The "Fipola" Meat

Fipola, backed by SR-Marine today announced the setting up of modern meat retailing stores in city aimed at serving customers who seek fresh and high quality seafood’s. company MD and CEO, Sushil Kanugolu said "The stores would provide quality chicken, mutton and seafood.. The products will be protein-driven and customised according to consumer's choice. We are pleased to announce the opening of three retail outlets of Fipola in

September 22, 2017  |  comments ( 0 )  | 

Bengaluru To Hold First Edition OF Denimsandjeans
Bengaluru To Hold First Edition OF

Global brands and international retailers including H&M, Marks & Spencer, VF Corporation , Landmark Group , Li Fung , GAP Inc , Zara , Tesco , Pepe Jeans , Killer Jeans , Spykar , JC Penny , Target , Benetton , V-Mart , Shopper Stop , Reliance Trends , Myntra , Hypercity Retail, ITC Limited , Carrefour, Levis, Marks and Spencer and C&A will come under one roof at the first edition of Denimsandjeans India at Bengaluru next

September 22, 2017  |  comments ( 0 )  | 

De Beer
De Beer "ForeverMark" To Mark Its

De Beers Group brand Forevermark to expand its market across India By next year. Top company executive said ForeverMark is on an expansion drive to take its pan-India footprint to 250- 260 by the next year as the market is slowly picking up. Forevermark India President Sachin Jain told "The market is slowly picking up and we are witnessing positive consumer sentiment. As we work with retail partners, we are planning to

September 22, 2017  |  comments ( 0 )  | 

Gitanjali Gets Interim Relief from The High Court
Gitanjali Gets Interim Relief from The

Gitanjali Jewellery Retail Limited (GJRL), a subsidiary of Gitanjali Gems, has secured interim relief from the High Court Of Punjab & Haryana against any “coercive action” arising from a judicial magistrate’s order proclaiming the company and two of its officials offenders under Section 82 of the CRPC in a cheque bouncing case. There is an ongoing dispute between GJRL and one of its erstwhile franchisees,

September 22, 2017  |  comments ( 0 )  | 

Reliance Jio To Offer Special plans
Reliance Jio To Offer Special plans

Apple has widened its hand for partnerships with Reliance Jio, and its arm Reliance Retail, offering buybacks and special plans for subscribers of the new telecom entrant who buy the iPhone 8, iPhone 8 Plus and the iPhone X.   Reliance Digital stores and Amazon will sell the iPhones offering assured buyback value of 70 per cent when people upgrade to the next iPhones that come up next year. The Apple-Jio partnership is

September 22, 2017  |  comments ( 0 )  | 

Race For The Best
Race For The Best

Flipkart has claimed that it has kept its lead over Amazon India on smartphone sales, even as both platforms claimed more than doubling of sales in the category on the second day of festive sales. Flipkart claimed to have sold 1.3 million smart phones in the first 20 hours, double the number of orders as compared to the same period last year. Flipkart had seen overall sales of Rs 1,400 crore in a single day last

September 22, 2017  |  comments ( 0 )  | 

Abof.com To Close Down by The End Of This year
Abof.com To Close Down by The End Of

Aditya Birla Group’s flagship ecommerce site Abof.com will close down its operations by the year end, unable to compete against the heavy discounting model of online rivals such as Flipkart and Amazon. On Thursday morning, Aditya Birla Online Fashion held a 20 minute town hall meeting and informed its employees that December 31 would be the last day of its operations. Santrupt Misra, HR director at Aditya Birla Group,

September 22, 2017  |  comments ( 0 )  | 

Govt.To Promote Tribal India Brand Through Amazon
Govt.To Promote Tribal India Brand

The central government is planning to tie up with e-commerce Amazon to expand the market for tribal handicrafts. Pravir Krishna, managing director of Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), a national-level organisation under the tribal affairs ministry, said a MoU with Amazon would be signed next week. "We have invited offers from retailers to become franchise of 'Tribe India' from all over

September 22, 2017  |  comments ( 0 )  | 

High Demands Shut The Server OF Amazon
High Demands Shut The Server OF Amazon

Amazon India website is facing outages as high demand during its Great Indian Festival has led to a spike in users. Many users found it difficult to transact on the site as it crashed intermittently. The Great Indian Festival is offering no cost EMIs on over 30,000 products as well as exciting exchange offers with instant discount and doorstep pick-up. These large appliances are also up for sale at up to 55% off. Top

September 21, 2017  |  comments ( 0 )  |