Flipkart sells most number of smartphones in 2018; followed by Amazon and Paytm

Exclusive partnerships with smartphone brands by ecommerce operators, a key marketing strategy that was recently banned by the Indian government, helped Flipkart amass a large share of the online smartphone market. A large number of exclusive tie-ups with smartphone brands helped Flipkart pip Amazon India to be become the largest smartphone seller in 2018, also the year,

Continue reading

RBI forms digital payments committee, appoints Nandan Nilekani as Chairman

The Reserve Bank of India (RBI) announced on Tuesday that it was constituting of a ‘high-level committee for deepening of digital payments’. Former UIDAI chairman and Infosys Co-founder Nandan Nilekani as the Chairman of the five-member committee. According to the RBI, the committee’s aim is to encourage the digitisation of payments and enhance financial inclusion through

Continue reading

Cybersecurity company Radware acquires bot management startup ShieldSquare

Israel-based Radware believes that this acquisition will help it to expand its portfolio with bot management solutions and deepen their integrated portfolio. ShieldSquare, a Bengaluru-based startup in the bot (automated programs with malicious intent) mitigation and management space is set to be acquired by Radware, a NASDAQ listed cybersecurity player.  The Tel Aviv-headquartered company announced that it has

Continue reading

Mr. Shreyaskar Chaudhary, Managing Director, Pratibha Syntex Limited gets Outstanding Young Entrepreneur Award by Ministry of Textiles

In an award function held in New Delhi, Mr. Shreyaskar Chaudhary, Managing Director, Pratibha Syntex Limited has been conferred with Outstanding Young Entrepreneur Award in Textile Sector, in the category of Garments and Made Ups by Ministry of Textiles, Government of India.  He was awarded for his initiatives in the area of product innovation, process

Continue reading