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Friday, January 24, 2020

Amazon, Flipkart Bring Diwali Spirit to Republic Day Sales

There will be no change in pricing and discount strategy of cos despite Goyal’s recent remarks. Amazon and Walmart-owned Flipkart have assured brands that there will be no change in the pricing and discount strategy on their ecommerce marketplaces and it will be business as usual during the sales that started on Sunday, said people with knowledge of the matter. ...more

Today’s headlines
Legal & Patents
DoT examining if Jan 23 legal deadline for AGR payment applies to non-telecom PSUs
The telecom department is examining the legal applicability of January 23 deadline for payment of over Rs 2.4 lakh crore statutory dues in the case of non-telecom PSUs which were not originally party to AGR matter in the Supreme Court, according to sources. ...more
HCL Technologies expects strong demand across sectors in coming quarters
IT services firm HCL Technologies is betting on strong demand across sectors, including manufacturing and retail, to continue its growth momentum in the coming quarters. ...more
Telcos Starved for Funds, Your Mobile Bill may Rise Up to 30%
Low average revenue per user, impending AGR dues payouts likely to force cos to hike tariffs. The country’s billionplus mobile users may have to brace for more sharp jumps in phone bills by end-2020 itself with telcos likely to raise ...more
Samsung to Set Up India’s 1st Mobile Display Plant
Firm to invest over ₹3.5k cr in plant near Delhi, may expand it later to make displays for laptops and TVs. Samsung is setting up India's first smartphone display manufacturing unit on the outskirts of Delhi ...more
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