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Nissan redi-Go launched priced at Rs 2.38 lakh: Nissan India is pitching not only against market leaders such as Maruti and Hyundai in the entry level car segment but also against its own alliance partner in India – Renault, by launching ‘redi-Go’ at an aggressive price tag of Rs 2.38 lakh as against competitors’ price points vary from of Ra 2.50 lakh to little over Rs 4.42 lakh. Bookings for redi-Go will open from June 9 onwards. Armed with over 1.50 lakh app downloads since its announcement sometime ago, the company has not only gone for third shift but has also announced six day a week production, expecting a similar or even better response to redi-Go on the lines that of Renault Kwid, which has an outstanding order book of 120,000 units. (Reuters)
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LG launches 'Mosquito Away TV' priced up to Rs 47,500: South Korean consumer electronics major LG today launched its new range 'Mosquito Away TV', which acts as mosquito repellent, in India priced between Rs Rs 26,900 and Rs 47,500. "The LG Mosquito Away TV, developed as per the Indian insights by consumers, is equipped with an Ultra Sonic device which once activated, uses the sound wave technology and makes mosquitoes fly away without emitting any harmful radiations," LG Electronics India said in a statement. The company claimed the technology complies with the norms of global organisations and has been tested by International Institute of Biotechnology and Toxicology (IIBAT), India as well.
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Freecharge partners Haldirams: Digital payments firm Freecharge today said it has partnered food outlet chain Haldirams, a move that will help the former's wallet be accepted across 41 outlets in 11 cities. "Haldirams is already an integral part of people's lives. Through this association, we aim to help Haldirams streamline its payment processes and move away from managing cash and truly go digital," Freecharge CEO Govind Rajan said. The partnership will help Freecharge expand its offline footprint and enable over two million consumers on a monthly basis from tier I and II cities be part of digital payments ecosystems, he added.
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Ola Share supports in reducing CO2 emission level: Taxi aggregator Ola today said its shared ride product, Ola Share, has helped bring down CO2 emission levels by 12,90,636 kilograms in Delhi. Also, 5,37,768 litres of fuel has been saved because of users opting for shared rides on the Ola platform across the city, Ola said in a statement. "Shared mobility is the future of transportation in India and Ola Share has enabled citizens to share their rides and pay only a fraction of the actual trip cost while contributing towards reduction in vehicular pollution and congestion in their city," Ola Head of Categories and CMO Raghuvesh Sarup said. (Reuters)
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Paytm to spend Rs 200 cr on expanding fashion category: Alibaba-backed Paytm will spend Rs 200 crore to expand its fashion category by helping small and medium businesses as well as bigger brands set up 'online shops' on its platform. The digital payment company, which forayed into e-Commerce in April last year, aims to facilitate monthly sales of about 2.1 crore items through its platform by the end of this fiscal in the fashion category. "The fashion and apparels category has grown to more than four times year-on-year for us. Orders have leapfrogged from 3,00,000 a month to about 2 million orders and we see this growing to over 2 crore by end of the fiscal," Paytm Vice President Sudhanshu Gupta told PTI. (Source: Website)
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LeEco sees 50% sales coming from brick and mortar retail: After brands like Motorola, Xiaomi and Yu, Chinese Internet major LeEco is now taking the offline route and expects about 50 per cent of its sales to come from brick-and-mortar retail in the next one year. The company, which forayed into the Indian market in January this year with ecommerce major Flipkart, plans to be present across about 10,000 retail points in the first phase of offline expansion. "We have fast-tracked our growth trajectory in India. (Express photo)
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Indian Railways issues circular to use kulhad; caterers not keen: In its bid to fulfil the budgetory provisions made in last year's railway budget, Mumbai Division of Western Railway has issued a circular to catering licensees in the division to keep 'kulhad' (clay cups) for serving tea at stations. The circular issued by Commercial department on May 25, however, does not mention any date for implementation of the circular. Divisional Railway Manager of Mumbai Division, WR, Mukul Jain, said that kulhad is optional and is being propagated with a view as it is environment friendly. (Reuters)
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Air India bars crew from operating flights with relatives on duty: National carrier Air India has barred pilots and cabin crew from operating flights where their immediate family members are also on duty. There have been occasions when flight duties were performed by immediate family members on the same flight. Citing "flight safety", the airline has now barred such a practice. "In the interest of flight safety, the practice of immediate family members — wife, husband, children, sisters and brothers — performing flight duties on the same flight, is henceforth prohibited," Air India said in a circular issued on Monday. (Reuters)
SBI's Arundhati Bhattacharya 5th most powerful woman in finance: Forbes: Arundhati Bhattacharya, the first woman chairperson of the nation's largest bank SBI, has been ranked among the top five most powerful women in finance by the Forbes magazine. Bhattacharya has moved up five spots from the previous year to 5th this year, SBI said in a statement. She is also ranked 25th in Forbes' list of 'The World's 100 Most Powerful Women', which features top female leaders, entrepreneurs, investors, scientists, philanthropists and CEOs.
‘Help me close this EMI’: 30-year-old man, with 1.2 cr debt turns to Reddit for help
