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1. Apple iPhone SE priced at Rs 39,000 launched: Apple Inc’s new iPhone SE priced at Rs 39,000 has first-rate features, but its prospects in key markets like India and China may be limited by its diminutive size. At the product launch in Cupertino, California on Monday, Apple vice president of iPhone Product Marketing Greg Joswiak singled out China as a target market, saying four-inch displays like that on the iPhone SE were still popular with first-time smartphone buyers. Chinese buyers tend to start off with a phone with a 4-inch screen, just like the iPhone SE, he argued. China, Apple’s second-biggest market, and India, one of the fastest-growing major markets in the world, are both seen as key for Apple, which expects overall iPhone sales to contract.
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2. Flydubai Boeing: Russian airport reopens after deadly plane crash: The airport in the Russian city of Rostov-on-Don reopened on Monday, two days after a passenger jet crashed there, killing all 62 on board, including an Indian couple, as investigators continued their probe into the disaster. The flydubai Boeing 737, which took off from Dubai, exploded into a fireball on Saturday after missing the runway in southern Russia while making a second attempt to land in heavy wind and rain. (Image Source: Reuters)
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3. InFocus BINGO 10 launched priced at Rs 4,299; world's most affordable Android Marshmallow smartphone, claims company: InFocus BINGO 10 Android Marshmallow smartphone was launched on Monday priced at Rs 4,299 on Monday in Delhi. The US-based tech giant claims that the handset is the world's most affordable Android Marshmallow smartphone. InFocus BINGO 10 smartphone comes equipped with 5MP front and rear cameras with LED flash, 1GB RAM, 8 GB storage, and is powered by MediaTek Quad Core 1.3 GhZ processor, the company said in a statement.
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4. Jewellers divided on calling off strike; Delhi shops still shut: A section of jewellers and bullion traders continued their strike for the 20th day here on Monday, demanding rollback of the proposed 1 per cent excise duty on non-silver jewellery, even as major associations called off the stir after meeting Finance Minister Arun Jaitley. Most jewellery shops and establishments in the national capital remained shut on Monday despite Government's assurance that there will be no harassment by excise officials. Some jewellers kept their shops shut in Mumbai as well. All India Sarafa Association Vice-President Surinder Kumar Jain said the strike in the national capital will go on for an indefinite period until the government rolls back the proposed excise duty. Jewellers, bullion traders and artisans are organising 'dharna' at Chandni Chowk here to intensify the agitation, he added. (Image Source: PTI)
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5. BookMyShow partners Uber to provide customers cab service: Online ticket platform BookMyShow on Monday said it has partnered with taxi-aggregator Uber to provide cab facility to its customers going to watch movie. "We are delighted on Monday to partner with Uber to offer an enhanced movie going experience to all our customers," BookMyShow VP- Business Intelligence and Marketing Marzdi Kalianiwala said. Depending upon the time, the users will either get an option to 'Ride Now' or to set a reminder to book a Uber cab later. "BookMyShow app will direct user to Uber app. Customer will need to make payment on Uber app," Kalianiwala said. (Image Source: Reuters)
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6. Maruti’s Rs 90,000 rebate to early S-Cross buyers: Consumers who bought the 1.6-litre variant of Maruti Suzuki’s premium crossover, the S-Cross, will get a refund of up to Rs 90,000 from the company. Over and above this, they will also get an extended warranty. Buyers of the 1.3-litre variant will just get the extended warranty. Maruti slashed the price of the model by up to Rs 2.05 lakh with effect from January, so the company wants to offer the refund to buyers who had purchased the car before that as “a token of gratitude”. The exact extent of the refund will depend on what kind of discounts were offered to consumers who bought this variant of the S-Cross before January 1, 2016.
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7. Shopclues to focus on rural demand: Shopclues, the online e-commerce marketplace which expects to be profitable by the first half of 2017, is targeting to increase its reach in tier-3 cities and rural areas by partnering with multiple logistics partners and local vendors across the country. Vishal Sharma, vice president — operations & strategic initiatives at ShopClues, told FE that demand from smaller cities and towns has touched about 60% of the overall sales since last year and sales in rural areas is contributing to about 20% of the overall sales. The company which entered the unicorn club earlier this year currently covers 29,000 plus pin codes across the country and plans to add 5,000 more pin codes this year.
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8. PVR ties up with Paytm to sell movie tickets: PVR plans to sell movie tickets worth Rs 250-300 crore using Paytm's platform in the first year of their association as the two firms tied up on Monday to sell cinema tickets. The two firms on Monday announced to bring PVR's movie tickets to Paytm's e-commerce platform as the latter forays into the online movie ticket segment. "In the first year of this relationship, PVR targets to sell tickets worth Rs 2.5-3 billion on Paytm's e-commerce platform besides selling tickets from the box offices and other channels", PVR and Paytm said in a joint statement. Paytm said it is aggressively extending its presence in new verticals as part of its strategy to be ubiquitous in daily life of its customers. "Paytm has set aggressive targets for itself and intends to double the share of online movie ticketing market in quick time. With over 125 million registered users and 90 million orders per month, Paytm is the perfect e-commerce platform to reach out to the growing movie aficionados of the country", said the release.
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9. Apple, US govt to face off in court over iPhone privacy: The US government and Apple will face off in court in a closely-watched case that could have wide-reaching implications on digital security and privacy. The crucial hearing tomorrow before a federal judge in Southern California focuses on the battle between the tech giant and federal investigators who want help from Apple to unlock an iPhone linked to one of the shooters in the December terror attack in San Bernardino, California. "It's a fight over the future of high-tech surveillance, the trust infrastructure undergirding the global software ecosystem, and how far technology companies and software developers can be conscripted as unwilling suppliers of hacking tools for governments," wrote Julian Sanchez, a surveillance law expert at the libertarian Cato Institute in Washington. (Image Source: Reuters)
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10. Toyota Fortuner 2016 showcased at Bangkok International Motor Show; India launch in 2017: The India-bound new-generation Toyota Fortuner (2016) has been put on display at the ongoing Bangkok International Motor Show. Already on sale in several markets, the vehicle is expected to enter India in the year 2017. The new Toyota Fortuner is based on an all-new platform called TNGA which stands for ‘Toyota new-generation Architecture’. The new platform is claimed to be stiffer yet lighter than the current-gen model’s platform, which improves the vehicle’s ride and handling. The same platform will also underpin the soon-to-be-launched new-generation Toyota Innova.

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