Fri, Aug 18, 2017 | updated 10:39 AM IST

Snapdeal's Unbox Diwali sale starts with more than 180 orders per second

Updated: Oct 02, 2016 15:30 IST      
Snapdeal's Unbox Diwali sale starts with more than 180 orders per second

New Delhi [India], Oct 2 (ANI): More than two million users logged into Snapdeal during the first hour of sale to quickly lock into the plethora of great deals on offer. Early trends showed a huge jump in mobiles, appliances, personal electronics and furniture items.

The sale had a trigger-happy start with nearly 700,000 concurrent users flocking to the site within the first five minutes. Buyers who had made up their minds had already stocked millions of products in their carts and wish lists before the sale started to avoid missing out on their chosen products.

The top selling mobile phones in the first 8 hours of the sale were the Samsung J2 Pro and the LeEco Le Max2, which flew off the shelf with big discounts padded by additional instant discount on Citibank Cards. In the first 8 hours of the sale, nearly one lakh mobile phones were sold at Snapdeal, translating to nearly 200 phones sold per minute.

Voltas five Star Split 1.2 T ACs at nearly Rs. 20,000 was also a hot selling item. Lakme (Flat 30 percent) and Maybelline (Flat 20 percent) saw brisk sales as buyers bought their favorite cosmetics. App analysis shows users lingering over Men's and Ladies' footwear, which were available at a nearly 50 percent discount.

Sony pen drives also seemed to have caught the buyers' fantasy with 16GB pen drives selling at Rs. 199. Nearly 24,000 pen drives with a collective capacity of nearly 400 TB were snapped up in the first eight hours of sale.

Responding to the early trends, Saurabh Bansal, Vice President, Categories at Snapdeal said. "We are very excited to see the tremendous response in the initial hours of the Diwali Unbox Sale. Users have loved the additional, instant discount on Citibank cards. Many more exciting offers are lined up over the next days of the sale." (ANI)

Vishal Sikka resigns as Infosys MD and CEO

Updated: Aug 18, 2017 10:04 IST     

New Delhi [India], August 18 (ANI): Vishal Sikka has resigned as the Managing Director and Chief Executive Officer of Infosys Ltd. with immediate effect.

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Vadodara (Gujarat) [India], Aug.17 (ANI-Businesswire India): Phonon.in, a Vadodara-based interaction automation company has taken on this challenge and applied this to simple customer centric applications taking the paradigm of providing information at your fingertips to the next level. Phonon is proud to announce the launch of India's first multi-modal flight bot for the aviation sector.

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Swift action by NDA Govt: A breather for Home-buyers

Updated: Aug 17, 2017 16:18 IST      By: Gaurav Gaur

New Delhi [India], Aug.17 (ANI): Within a week of the admission of the Insolvency petition by the NCLT (National Company Law Tribunal), against Jaypee Infratech limited, the Government of India, Along with IBBI (Insolvency and Bankruptcy Board of India) have proved their resolve in making IBC 2016 (The Insolvency and Bankruptcy Code) an effective, efficacious and equitable remedy, taking care of interests of all the creditors involved.

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New Delhi [India], Aug 17 (ANI): Taxi aggregator Ola has announced the launch of Ola Play, its connected car platform for ridesharing in two new cities, Chennai and Pune.

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New Delhi [India], Aug 17 (ANI): Indus Towers, the country's largest telecom tower company, announced the appointment of Shankar Iyer as the Chief Sales and Marketing Officer (CSMO). With over 24 years of experience in diverse industries, Shankar holds in-depth business understanding of international and domestic telecom and tower industry.

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Foreign tourist arrivals records 7.4 percent growth

Updated: Aug 17, 2017 13:43 IST     

New Delhi [India], August 17 (ANI): A compiled report on monthly estimates of Foreign Tourist Arrivals (FTAs) and FTAs on e-Tourist Visa published by the Ministry of Tourism has highlighted a 7.4 percent surge in the number of FTAs in July 2017, as compared to July last year.

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New Delhi [India], August 17 (ANI): The overwhelming presence of the public sector in India is holding back the economy, noted Ruchir Sharma, Head of Emerging Markets Equity and Chief Global Strategist, Morgan Stanley Investment Management, while delivering a lecture on leadership, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) to commemorate its 90th anniversary this year.

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New Delhi [India], August 17 (ANI-NewsVoir): The movie 'Yeh Hai India' starring Gavie Chahal and Deana Uppal has been making waves all across the globe. The movie had been selected as the official entry at the FOG Film Festival in the United States of America. Yeh Hai India has managed to get tremendous response from the screening. What's more is that the movie also bagged the award for Best Film at the FOG Film Festival.

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New Delhi [India], August 17 (ANI): HDFC Bank on Thursday announced a revision in its savings bank interest rate, effective August 19.

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New Delhi [India], August 17 (ANI): India's national air carrier Air India launched its first non-stop flight, the Dreamliner B-787, to Stockholm, Sweden, from Delhi on Wednesday. With an all-female crew on board,the cockpit was under the control of Capt.Nivedita Bhasin.

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New Delhi [India], August 17 (ANI-BusinessWire India): Travel technology start-up TRAVELSPICE on Thursday announced an increased use of data analytics, machine learning, BOT services and the scalable infrastructure offered by Microsoft Azure to support India's only and rapidly growing e-commerce hotel booking platform.

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New Delhi [India], Aug 16 (ANI-Newsvoir): Kwality Ltd., amongst largest and fastest growing private dairy companies in India, today announced that the Board has considered and approved appointment of MSKA and Associates ('MSKA') as its new statutory auditors for the period FY 2017-18 to FY 2021-22, subject to approval from shareholders in Annual General Meeting proposed to be held in Sep' 2017.

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New Delhi [India], Aug 16 (ANI-NewsVoir): Alliances Galore - The largest offers based Merchant Acquirer in the country and globally has recently completed a milestone of 1,000,000 alliances for its clients.

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New Delhi [India], Aug 16 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co ('SAM & Co') advised PVR Limited ('PVR') on sale of 100 percent shareholding in the arcade games joint venture company PVR BluO Entertainment ('PVR BluO') to Smaaash Entertainment ('Smaaash') for approximately Rs. 86 crore. PVR owns 51 percent in PVR BluO, while Thailand's Major Cineplex Group owns the rest.

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Home buyers left in lurch: Insolvency and Bankruptcy Code favours financial creditors

Updated: Aug 16, 2017 17:51 IST      By: Gaurav Gaur

New Delhi [India], Aug.16 (ANI): Insolvency and Bankruptcy Code 2016(IBC 2016), has been enacted to reorganise and provide insolvency resolution for corporate entities and partnerships in a time bound manner. The nub of the code is to bring back defaulting companies on road to recovery, to promote entrepreneurship, availability of credit and balance of interests of all stakeholders.

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New Delhi [India], Aug 16 (ANI-BusinessWireIndia): PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced PerkinElmer India's opening of a Centre of Excellence at Indian Institute of Science Education and Research (IISER), Pune.

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New Delhi [India], Aug 16 (ANI-BusinessWireIndia): The International Career and College Counseling (IC3) platform invites participation of schools, colleges and universities from India and across the globe. The two-day conference is scheduled for August 30 and 31 at the JW Marriott, Aerocity, New Delhi.

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New Delhi [India], Aug 16 (ANI-NewsVoir): Successful meditation depends completely on the mental state of the meditator. Incense facilitates meditation as it creates a positive visual impact; certain fragrances in the incense impart positive impulses to the brain.

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IRCTC launches international tours for Lanka, Russia

Updated: Aug 16, 2017 16:15 IST     

New Delhi [India], Aug.16 (ANI): The Indian Railway Catering and Tourism Corporation Ltd. (A Govt. of India Enterprise) under Ministry of Railways is one of the biggest e-commerce website across Asia.

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TAB Capital surpasses Rs.101 cr worth loan disbursement

Updated: Aug 16, 2017 13:24 IST     

New Delhi [India], August 16 (ANI): Pune-based Non Banking Financial Company (NBFC) TAB Capital on Wednesday announced crossing an assets under management (AUM) to the extent of Rs. 101 crores, as of July 31, with an aim to reach at a worth of Rs. 500 crores in the next two years.

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