• COUPONS
    CCI approves Amazon.com’s investment in Future Coupons

    Mumbai | Kolkata: Competition Commission of India (CCI) has approved Amazon’s proposed acquisition of minority stake in Future Group, paving the way for a closer integration of one of country’s leading retail chain into the Amazon India online marketplace. Amazon and Future Group are now rolling out a joint business plan that will help the Kishore Biyani owned […]

  • ELECTRONICS
    ‘3 lakh jobs coming to electronics-manufacturing sector in Telangana’: KT Rama Rao

    HYDERABAD:  Over three lakh jobs will be generated in the electronics-manufacturing sector in the next four years, Minister for Industries and IT&C KT Rama Rao said on Monday while inaugurating Intel India’s new design and engineering centre in Hyderabad. He added that 30,000 employment opportunities have already been generated in the electronics-manufacturing sector, and the […]

  • ELECTRONICS
    LG Electronics India posts ₹1,534-crore profit in FY19

    Total revenues for FY19 stood at ₹15,945.20 crore Consumer durables company LG Electronics India posted a net profit of ₹1,534.50 crore in FY19, clocking 5.52 per cent growth over the previous fiscal. The company, which is a wholly-owned subsidiary of South Korean consumer durables major LG Electronics, had reported a net profit of ₹1,454.20 crore in FY18. Total […]

  • ELECTRONICS
    NASA Has a New Method For Cooling Down Electronics Crammed Together in a Spacecraft

    One of the most exciting things about space exploration today is the ways in which it is getting more cost-effective. Between reusable rockets, miniaturized electronics, and low-cost launch services, space is becoming more accessible and populated. However, this also presents a challenge when it comes to conventional methods for maintaining spacecraft and satellites. One of […]

  • ELECTRONICS
    Why Fry’s Electronics hasn’t been restocking goods in multiple stores

    Fry’s Electronics recently acknowledged it would shut its store in Palo Alto, California, in January because its lease wasn’t renewed. But stores in other places are running out of goods and don’t appear to be restocking them. It seems like another sign of the retail apocalypse. But a Fry’s spokesman said any rumor of impending shutdowns isn’t true. […]

  • COUPONS
    Amazon to acquire 49% stake in Kishore Biyani’s Future Coupons

    Mumbai: Kishore Biyani-led Future Group on Thursday evening said that American e-commerce giant Amazon.com is acquiring a 49% stake in a group entity — Future Coupons Ltd. “We have been informed by Mr. Kishore Biyani on behalf of the existing shareholders forming part of the promoter group and Future Coupons Ltd that they have entered into […]

  • COUPONS
    Follow traffic rules, get discount coupons in return

    We’ve seen an array of brands trying to educate commuters on road safety in their respective communications in the past. Be it Mumbai Police’s quirky tweets to mark Road Safety week or Hyundai’s Shah Rukh Khan -starrer #BeTheBetterGuycampaign, the brands tend to invest a fortune on such communications. Here’s something a little different from what all we’ve seen […]

  • ELECTRONICS
    InnoVen Capital invests in consumer electronics firm boAt

    InnoVen Capital has invested Rs 16 crore (approximately $2.31 million at current exchange rates) in consumer electronics technology startup boAt, the venture debt firm said in a statement. InnoVen, which had earlier invested in other consumer-focused startups, said the move is in line with its strategy of capitalising on rising consumer spending in India. boAt […]