Amazon Great Indian Festival and Flipkart Big Billion Days Sale: The Best Mobile Deals Revealed So Far

With less than one week left for Flipkart Big Billion Days sale and Amazon Great Indian Festival festive season sales, both the online marketplaces are slowly revealing some of their biggest deals and offers. Flipkart has already revealed a number of smartphones that will be available under its ‘Crazy Deals’ banner during the upcoming Big Billion Dayssale while Amazon continues to post teasers for its upcoming Great Indian Festival sale. We’ve already told you how you can prepare for the upcoming online festive season sales using a few simple tips and tricks. We also have…

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Why business expectations are so tepid despite recovery in Indian economy

The government cannot let the recovery in the Indian economy take its own sweet time, not with the elections less than a year away. Photo: Mint The Nikkei India Composite PMI Output index, a gauge of private sector economic activity in both the manufacturing and services sectors, came in at a strong 54.2 for July, up from 52.6 in June. A reading above 50 denotes expansion, while one below 50 indicates contraction from the previous month. As Chart 1 shows, the composite PMI (Purchasing Managers’ Index) is at its highest level…

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Indian Army to purchase Force Gurkha 4×4 based Light Strike Vehicles (LSVs)

Pune-based Force Motors has bagged the order for supplying Light Strike Vehicles (LSVs). Force Motors managed to get this order in spite of stiff competition from some well-established manufacturers. The Force Motors’ Light Strike Vehicle is a totally indigenous product that has been designed and developed by the company’s R&D team. The Force Gurkha-based LSV will be used for various military activities by our Forces. Commenting on the latest development, the spokesperson from Force Motors said, “We are happy that the Indian Army has reposed trust in the fully indigenous Light…

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Indian Mobile Manufacturing to Touch Rs. 132,000 Crores by Year-End: Ravi Shankar Prasad

Indian mobile manufacturing industry is expected to touch Rs 132,000 crore by the end of 2018, Electronics and IT Minister Ravi Shankar Prasad said on Thursday. India manufactured about 110 million mobile phones in 2015-16 as compared to 60 million in 2014-15, a growth of over 90 percent. In value terms, India’s mobile manufacturing industry produced mobile phones worth Rs 54,000 crore in FY15-16, compared to Rs 18,900 crore in FY14-15. This touched Rs 94,000 crore by the end of 2017, the minister said. He was speaking at an event organised by MeitY,…

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Toyota to stop making Camry Hybrid if Indian government does not reduce taxes: MD

Toyota Kirloskar Motors, who recently re-started the production of the Camry Hybrid in India earlier this year. Toyota suspended the production due to increase in tax of the hybrid vehicles, which made the sales go down significantly. Now Toyota MD has commented that the high taxes may affect the future of the vehicle. How is that? The Indian government has imposed a high GST tax rate of 43 percent on the hybrid cars which have increased the prices significantly and the sales have dipped by a considerable number. Toyota sold…

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Indian Railways receives over 2 crore applications for one lakh openings

The railways on Monday said it has received over two crore applications for about one lakh vacancies, with five days still remaining for the online registration to end. The online exam will be held for about 90,000 posts in group C and group D and for 9,500 openings in the Railway Protection Force. “Till date, over 2 crore candidates have applied for the posts and the number will rise further as five more days remain before the deadline comes to an end,” said a Railway Ministry official. For assistant loco…

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How Indian Government Is Bridging Finance And Transaction Gaps In MSME Industry

Anita Roddick, a British businesswoman and founder of The Body Shop, once quoted, “If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management.” She pins down two key factors that drive business growth for entrepreneurs and understanding of ‘finance’ being the first one. Other growth factors like quality management, strategy, people, operations, risk management, customer centricity etc., may also be relevant. However, in this article, we will focus on the significance of finance and transactions as a…

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Indian Angel Network plans investment in around 150 startups

NEW DELHI: Venture capital consortium Indian Angel Network (IAN) is looking to invest in about 150 start-up firms in coming 4-5 years, a co-founder of the investment group said. “We have made six commitments as of now. In next 4-5 years, we have plans to invest in 100-150 firms,” said IAN co- founder Saurabh Srivastava. He said there is no shortage of funds at IAN and investors are looking at right opportunities. “We have funded in range of half a million to a million. Some has been to the tune of 3…

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Airtel Takes on Jio Phone With Karbonn A1 Indian, A41 Power Smartphones: Price, Offer Details

Jio Phone is effectively free, while the new Airtel phones’ effective price starts at Rs. 1,799 HIGHLIGHTS The new Karbonn phones will compete against Jio Phone Karbonn A1 Indian comes at an ‘effective price’ of Rs. 1,799 Karbonn A41 Power at an ‘effective price’ of Rs. 1,849 Jio Phone is a looming threat for both phone makers and telecom operators, despite its pre-booking sale opening only once since it was unveiled in July. It came as no surprise to anyone that to counter Jio Phone, Airtel partnered with Karbonn and then Celkon to subsidise the…

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NBFC Indian School Finance plans to raise $30-35 million from PE investors

 Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational institutes and coaching classes to help them build their infrastructure such as setting up of computer and science labs, construction of additional floors or wings in existing premises or for…

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